Adhesion Promoters Market Scope
Adhesion promoters are a group of strength bifunctional intensifies that can respond artificially and structure a "synthetic extension" either between the adhesive and the substrate or the matrix network and inward fillers. They are for the most part picked by coordinating with the natural usefulness to the base polymer to improve holding. In any case, the decision of the right grip promoter family or a sort inside a given family is frequently not a clear undertaking. Now and again combinations of grip advertisers are utilized to give upgraded hydrophobicity, thermal dependability, or crosslinking at the holding site. Figure out how to upgrade the adhesion performance of the cement plan and get tips to choose the best appropriate adhesion promoter for application.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Momentive Performance Materials Inc. (United States), Eastman Chemical Company (United States), Dow Corning Corporation (United States), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), Intec Automation, Inc. (United States), Saint-Gobain Tape Solutions (United States), Coast-Line International (United States) and The Cary Company (United States) |
CAGR | % |
The Adhesion Promoters market is moderately fragmented. The company in this market has undertaken collaboration activities to improve growth opportunities in emerging markets. Also, companies are focusing on research and development in order to deliver innovative solutions to customers and avail competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Adhesion Promoters market throughout the predicted period.
Momentive Performance Materials Inc. (United States), Eastman Chemical Company (United States), Dow Corning Corporation (United States), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), Intec Automation, Inc. (United States), Saint-Gobain Tape Solutions (United States), Coast-Line International (United States) and The Cary Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are ALTANA AG (Germany), Ellsworth Adhesives (United States) and Converters, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Adhesion Promoters market by Type , by Application (Rubber, Plastics & Composites, Paints & Coatings, Metals, Adhesives and Others) and Region with country level break-up.
On the basis of geography, the market of Adhesion Promoters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 13 September 2021, Eastman Chemical Company has acquired the business and assets of Matrix Films, LLC, and marketer of Premium Shield performance films, including its extended line of automotive film patterns. This acquisition will expand Eastman's paint protection film pattern development capabilities, pattern database, and installation training expertise.
On 23 June 2021, Dow announced a mass-balance approach to the production of new polyurethane solutions based on a circular feedstock sourced from a waste product of the mobility sector that replaces virgin fossil-fuel-based feedstock. SPECFLEX™ C and VORANOL™ C are designed to help automotive OEMs meet their market and regulatory demands for more circular products and reach their sustainability goals.
Influencing Trend:
Growing the automotive industry across the globe and Rising the construction activities in the developing regions
Market Growth Drivers:
Increase the demand in the construction industry for polymers and composites and Advanced composites and multilayer packaging have increased the demand for adhesion promoters in the plastics & composites application
Challenges:
High cost of investment in research and development
Restraints:
The environmental concerns related to some adhesion promoters and Strict rules and regulations of the regulatory authority
Opportunities:
Development of the adhesion promoters market in the emerging countries and Application of research and development eliminate and reduce the negative impact of the product
Key Target Audience
Adhesion Promoter Producers, Adhesion Promoter Traders, Distributors, and Suppliers, Manufacturers in End-Use Industries and Associations and Industry Bodies