The market for adhesion promoters is expected to witness significant growth during the forecast period. Major factors driving the market include the increasing applications in the electrical and electronics industry and increasing usage in the packaging sector. The “silane ” is the highest growing product segment of the market because it is widely used in the paints and coatings, rubber, and tire applications over the forecast period, Also, increasing demand of adhesion promoters in the construction, automotive, and aviation industries will drive the market in the forecast period.

Data Bridge Market Research analyses that the adhesion promoter market is expected to undergo a CAGR of 6.45% during the forecast period. This indicates that the market value, which was USD 3.64 billion in 2021, would rocket up to USD 6.00 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. 

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Market Definition

Adhesion promoters are those chemicals which act at the interface between an inorganic substrate and an organic polymer to increase adhesion between the two materials. Inorganic and organic materials are very different in several ways, for instance, chemical reactivity, compatibility, coefficient of thermal expansion and surface properties. An adhesion promoter will act effectively at the inorganic-organic interface to physically and chemically.

Global Adhesion Promoter Market Dynamics

Drivers

  • Growing demand of adhesion promoter in several application

Several paint adhesion promoters, such as chlorinated polyolefins, silanes, and others exist and each has its specific properties, which are catered into several applications, in plastics and composites, paints and coating, packaging, automotive, wire and cable and others. This is the major factor which is expected to drive the growth rate of the adhesion promoter market.

  • High demand of adhesion promoter in automotive sector

Adhesion promoter demand in the automotive sector is rising to increase the adhesion strength of paint and coating applied on automotive components, parts and tire labelling. The rising demand of adhesion promoter in automotive sector is anticipated to drive the growth rate of the market.

  • High usage of adhesion promoter in paint and coating formulation

The adhesion promoter is widely used in the formulation of paint and coatings. A perfect adhesion does not only depends on the choice of the adhesion promoter in paints and coatings formulations, it depends on several other parameters such as paint formulation, application conditions, as the substrate wetting is a side key factor, curing and ageing atmosphere etc. These parameters influence the adhesion.

Opportunities

  • Increased stringent regulations

Strict government’s regulations towards dental care and health care will increase the demand of adhesion promoter which will create immense opportunities for the growth of the adhesion promoter market.

Some of the major players operating in the adhesion promoter market are:

  • Eastman Chemical Company (U.S.)
  • ALTANA (Germany)
  • Air Products and Chemicals, Inc. (U.S)
  • Momentive (U.S.)
  • DuPont (U.S.)
  • SOLVAY (Belgium)
  • Dow (U.S)
  • AkzoNobel NV (Netherlands)
  • Evonik Industries (Germany)
  • Arkema  (France)
  • Solvay (Belgium)
  • NIPPON SHOKUBAI CO., LTD.(Japan)
  • Clariant (Switzerland)
  • Shin-Etsu Chemical Co., Ltd.(Japan)
  • NAGASE and CO., LTD. (Japan)


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Global Adhesion Promoter Market Scope

The adhesion promoter market is segmented on the basis of product, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Silane
  • Maleic Anhydride
  • Chlorinated Polyolefns
  • Titanate and Zirconate
  • Others

Form

  • Liquid
  •  Spray

Application

  • Plastics and Composites
  •  Paints and Coating
  • Rubber
  •  Adhesives
  •  Metals
  • Glass
  • Others

Adhesion Promoter Market Regional Analysis/Insights

The adhesion promoter market is analysed and market size insights and trends are provided by country, product, form and application as referenced above.

The countries covered in the adhesion promoter market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the adhesion promoter market in terms of revenue and market share due to the rising demand for paints and coating, plastics and composites and rubber in the construction industry in this region.

North America will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the growing end user industries such as automotive, packaging and construction, in this region.

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