Market Scenario
Adhesion promoters are used to enhance the adhesive property
of low surface energy products. They are widely used in plastic, rubber,
automotive, packaging, aerospace industry for improving the adhesion
performance of substrates. Adhesion promoters are applied in a thin film
between the substrate and coatings. Some of the commonly used adhesion
promoters are silanes, maleic anhydride, chlorinated polyolefins, and titanate
& zirconate.
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Competitive Analysis
Some of the key players in the global adhesion promoter
market are BASF SE (Germany), Bodo Möller Chemie GmbH (Germany), Eastman
Chemical Company (U.S.), Arkema SA (France), Air Products and Chemicals, Inc.
(U.S.), DowDuPont Inc. (U.S.), AkzoNobel NV (Netherlands), Evonik Industries AG
(Germany), Momentive Performance Materials Inc. (U.S.), Dow Corning Corporation
(U.S.), 3M (U.S.), ALTANA (Germany), and Rust-Oleum (U.S.)
Market Segmentation
The global adhesion promoter market is segmented based on
form, type, application, end-use industry, and region.
On the basis of the form, the global adhesion promoter
market is segmented into liquid form and spray form. Spray forms of adhesion
promoter are expected to show rising demand in automotive, construction, and
aerospace industry owing to its ease of handling over the forecast period.
On the basis of the type, the global adhesion promoter
market is segmented into silanes, maleic anhydride, chlorinated polyolefins,
titanate & zirconate, and others. Silanes are expected to lead the global
adhesion promoter market under type category due to growing application in
paints & coatings, rubber, and plastic & composites. However, maleic
anhydride is also expected to show rising demand during the forecast period
2018-2023.
On the basis of the application, the global adhesion
promoter market is segmented into plastic & composite, paints &
coatings, ink, rubber, metals, glass, and others. Plastic and composites are
expected to drive the global adhesion promoter market under application
category due to growing use in the construction industry.
On the basis of the end-user industry, the global adhesion
promoter market is segmented into construction, automotive, aerospace, paints
& coating, packaging, and others. The construction industry is expected to
have the major end-use application of adhesion promoter and is expected to lead
the market during the forecast period.
Regional Analysis
The global adhesion promoter market is spanned across five
regions namely Asia Pacific, North America, Europe, Latin America, and the
Middle East and Africa. Asia Pacific is expected to be the major market for an
adhesion promoter, followed by Europe due to growing demand from the construction
and automotive industry. The Middle East & Africa is expected to show
rising demand for adhesion promoters due to growing construction industry.
North America is expected to show the steady demand for adhesion promoter over
the forecast period. Latin America is expected to show a moderate growth due to
the ongoing constructions activities in Brazil and Mexico.
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