New Report Available: Adhesion Promoter Market - Global Forecast to 2021

From: Fast Market Research, Inc.
Published: Mon May 02 2016

Adhesion Promoter Market by Type (Silane, Maleic Anhydride, Chlorinated Polyolefins, Titanate & Zirconate, Others), Application (Plastics & Composites, Paints & Coatings, Rubber, Adhesives, Metals, Others), Region - Global Forecast to 2021

"The global adhesion promoters market is projected to grow at a CAGR of 6.4% between 2016 and 2021"

The global adhesion promoters market is projected to grow from USD 2.51 billion in 2015 to USD 3.64 billion by 2021, at a CAGR of 6.4% between 2016 and 2021. This growth is mainly attributed to the growing automotive sector in the Asia-Pacific region, use of adhesion promoters in composites, application of adhesion promoters in printed circuit boards, innovation of silane-based green tires, requirement of halogen-free wires, and development of multilayer packaging.

"Plastics & composites application segment to grow at the highest CAGR during the forecast period"

Adhesion promoters are primarily used in automotive coatings, architectural coatings, and industrial coatings. Plastics & composites and paints & coatings are two major applications of adhesion promoters. The plastics & composites application segment is expected to grow at the highest CAGR during the forecast period, owing to its increasing use in the automotive, printed circuit boards, packaging, and wires applications.

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"Asia-Pacific is the largest regional segment in the adhesion promoters market"

Asia-Pacific is the global leader in the consumption of adhesion promoters, and this dominance is expected to continue till 2021. China, India, and Japan, and South Korea are the key countries in this region, consuming more than 75% of the overall demand for adhesion promoters in Asia-Pacific. The Asia-Pacific adhesion promoters market is expected to grow at the highest CAGR from 2016 to 2021, owing to growth in the paints & coatings and plastics & composites applications.

Break-up of profile of primary participants for the report:

* By Company Type - Tier 1 - 33 %, Tier 2 - 33%, Tier 3 - 33%
* By Designation - C level - 17%, Director level - 33%, Others - 50%
* By Region - Europe - 50%, North America - 33%, Asia-Pacific - 17%

Further, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by varied market players, such as Momentive Performance Materials Inc. (U.S.), Eastman Chemical Company (U.S.), Dow Corning Corporation (U.S.), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), ALTANA AG (Germany), Air Products and Chemicals, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and AkzoNobel NV (Netherlands).

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