Adhesion promoters enhance the bond between different materials in applications like coatings and adhesives. It improves surface wettability, ensuring better adhesion. It typically contains functional groups that interact with both the substrate and the adhesive. It is crucial in industries such as automotive and construction. It boosts the durability and performance of bonded materials.
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Data Bridge Market Research analyzes that the Global Adhesion Promoters Market is expected to reach USD 8.33 billion by 2031 from USD 5.57 billion in 2023, growing with a substantial CAGR of 5.20% in the forecast period of 2024 to 2031.
Key Findings of the Study
Popularity of High-Performance Materials with Good Durability in Automotive Sector
The shifting trend towards lightweight materials in automotive industries further fuels the demand for high-performance adhesion promoters that can enhance bonding strength and durability. Adhesion promoters are very important in the automotive industry by enhancing the attachment between paints, primers, coatings and various substrates like metal, plastic, and composites. They are necessary for improving corrosion resistance, providing strong adhesion to paint layers, and enhancing the overall durability of automotive components. By improving adhesion, these promoters contribute to high-quality finishes that maintain their performance over the long term and meeting the strict requirements of automotive applications.
Increasing use of advanced composites and coatings in automotive sectors drives the demand for adhesion promoters. The need for improved bonding properties in various materials, such as plastics and metals which enhances the market for adhesion promoters globally.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion
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Segments Covered
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Type (Silane, Chlorinated Polyolefins, Titanate and Zirconate, Maleic Anhydride, and Others), Form (Liquid and Spray), Technology (Solvent-Based Coatings, Waterborne Coatings, Adhesives and Sealants, and Others), Application (Plastics, Rubber, Metals, Glass, and Others), End-User (Automotive, Aerospace and Defense, Packaging, Healthcare, Consumer Goods, Leather and Footwear, and Others)
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Countries Covered
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China, Japan, India, South Korea, Thailand, Indonesia, Singapore, Australia, Taiwan, Malaysia, Philippines, New Zealand, Hong Kong, rest of Asia-Pacific, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Sweden, Norway, Denmark, Finland, rest of Europe, U.S., Canada, and Mexico, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain, and rest of Middle East and Africa
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Market Players Covered
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BASF SE (Gemany), CLARIANT (Switzerland), Eastman Chemical Company (U.S.), Dow (U.S.), Arkema (France), Evonik AG (Germany), BYK (Germany), DuPont (U.S.), Henkel Corporation (Germany), tesa SE - A Beiersdorf Company (Germany), ADERE Produtos Auto Adesivo Ltda. (Brazil), Solvay, ShinEtsu Microsi (U.S.), NAGASE (Japan), 3M (U.S.), Borica Co., Ltd. (Taiwan), DIC CORPORATION (Japan), Nouryon, The Lubrizol Corporation (U.S.) Nouryon (Netherland), and Wacker Chemie AG (Gemany)
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Data Points Covered in the Report
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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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Segment Analysis
The global adhesion promoters market is segmented into five notable segments based on type, form, technology, application and end-user.
- On the basis of type, the market is segmented into silane, chlorinated polyolefins, titanate and zirconate, maleic anhydride, and others.
In 2024, the silane segment is expected to dominate the global adhesion promoters market
In 2024, the silane segment is expected to dominate the market with the market share of 53.80%due to its superior ability to enhance adhesion between organic and inorganic materials.
- On the basis of form, the market is segmented into liquid and spray
In 2024, the liquid segment is expected to dominate the global adhesion promoters market
In 2024, the liquid segment is expected to dominate the market with the market share of 55.10% due to its ease of application and superior effectiveness in enhancing adhesion between surfaces.
- On the basis of technology, the market is segmented into solvent-based coatings, waterborne coatings, adhesives and sealants, and others. In 2024, the solvent-based coatings segment is expected to dominate the market with a market share of 36.30%
- On the basis of application, the market is segmented into plastics, rubber, metals, glass and others. In 2024, the plastics segment is expected to dominate the market with a market share of 53.45%
- On the basis of end-user, the market is segmented into automotive, aerospace and defense, packaging, healthcare, consumer goods, leather and footwear, and others. In 2024, the automotive segment is expected to dominate the market with a market share of 36.59%
Major Players
Data Bridge Market Research analyzes Eastman Chemical Company (U.S.), Dow (U.S.), Arkema (France), Evonik AG (Germany), and DuPont (U.S.) as the major players operating in the market.
Recent Developments
- In March 2024, Eastman got investment of up to USD 375 million by U.S. Department of energy for its second U.S. Molecular recycling project
- In June 2024, the Evonik is awarded by Ringier Technology Innovation Award for a new technology for exterior wall paints, which has been recognized for its unique quick-set property
- In March 2024, Evonik present its latest solutions for the coatings, inks, and adhesives industry at the European Coatings Show. The specialty chemicals company focusing on how to help its customers to "Formulate the Future". Latest products and services focus on improved performance, ease of use, and sustainability
- In April 204, Dow organized the largest coatings forum and trade show in North America to bring together paint and coatings industry professionals from around the world
- In March 2023, Dow, organized a European Coatings Show to talk about the latest innovations and how they can collaborate to contribute to a more sustainable construction value chain. This show helped in building performance, expertise and sustainability
Regional Analysis
Geographically the countries covered in the market are China, Japan, India, South Korea, Thailand, Indonesia, Singapore, Australia, Taiwan, Malaysia, Philippines, New Zealand, Hong Kong, rest of Asia-Pacific, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Sweden, Norway, Denmark, Finland, rest of Europe, U.S., Canada, and Mexico, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain, and rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominating and fastest growing region in the global adhesion promoters market
Asia-Pacific is expected to dominate the market due to rapid industrialization and urbanization in countries like China and India. This growth increases demand for automotive, construction, and electronics applications, which heavily use adhesion promoters.
For more detailed information about the global adhesion promoters market report, click here – https://www.databridgemarketresearch.com/fr/reports/global-adhesion-promoter-market