Adhesion Promoters Market to Develop Rapidly - 2024
Adhesion
promoters, also known as coupling agents, are materials that increase
the adhesive strength of coatings, thereby strengthening the bond
between the coating and substrate. Adhesion promoters are applied as
thin film thickness. They are used in a wide range of applications
such as paints and coatings. They are also used to improve the
reliability of flat panel displays and semiconductors, and
manufacture high performance rubbers and weatherable paints.
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Key
factors driving the adhesion promoters market include increase in
demand for adhesion promoters in the automotive industry and rise in
usage of adhesion promoters in composites. Demand for adhesion
promoters is expected to increase due to the new applications such as
printed circuit boards. This is encouraging companies to expand the
production of adhesion promoters. Additionally, easy availability of
raw materials is anticipated to boost the demand for adhesion
promoters in the near future.
The
global adhesion promoters market is witnessing technological
advancements. Companies are constantly striving to develop new and
better adhesion promoters. Development of new manufacturing processes
and applications of adhesion promoters is estimated to propel the
adhesion promoters market. However, environmental concerns related to
some adhesion promoters are expected to hamper the global adhesion
promoters market.
Based
on type, the adhesion promoters market can be classified into silane,
maleic anhydride, chlorinated polyolefins, titanate & zirconate,
and others. Silane is a commonly used type of adhesion promoter due
to its excellent chemical properties. These are used for
ultrahydrophobic treatments in urethane, epoxy and acrylic systems.
Titanates and zirconates are used in sealants, surface primers,
industrial coatings, and various other industrial applications.
Adhesion
promoters are used in a wide range of applications due to their
chemical properties. Based on application, the market can be
segmented into plastics & composites, paints & coatings,
rubber, adhesives, metals, and others. The plastics & composites
segment accounted for significant share of the adhesion promoters
market in 2016 owing to the high demand for these in the plastics
industry across the globe.
In
terms of geography, the adhesion promoters market can be segregated
into North America, Latin America, Asia Pacific, Europe, and Middle
East & Africa. North America is anticipated to constitute key
share of the market during the forecast period. Asia Pacific is
estimated to be a rapidly growing region of the adhesion promoters
market, owing to the increase in demand from the automotive industry
in the region. Middle East & Africa is likely to be an attractive
region of the adhesion promoters market during the forecast period
due to the rise in demand from the packaging industry in the region.
Prominent
players operating in the global adhesion promoters market include
Momentive Performance Materials Inc., Eastman Chemical Company, DOW
Corning Corporation, BASF SE, and Arkema SA.
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applications.
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