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Adhesion Promoter Market Competitive Landscape Analysis by 2024

Increasing demand for silane and silicone products to enable efficient transportation with greater fuel savings is likely to foster industry growth. The Global Adhesion Promoter Market is expected to reach USD 5.21 billion by 2024, according to a new report by Grand View Research, Inc.


The increasing industrialization in emerging economies such as Brazil, China, India and Mexico coupled with a growing automotive sector has prompted high demand for sustainable paints and coatings. Silane promoters, in particular contribute to extended material lifetime and boost resource usage especially in automotive paints.

Rising consumer disposable income in these economies is also expected to contribute to high passenger car sales which in turn is crucial to industry growth. Growing environmental and regulatory pressure to reduce resource wastage and carbon emissions from the transportation sector is also likely to promote product demand.

High demand for silane products such chlorosilanes and other alkoxysilanes on account of greenhouse gas (GHG) abatement effects is likely to foster silane growth. Silanes thus emerged as the largest product with around 34% market share in 2015. Maleic anhydride emerged as the fastest growing product with highest CAGR of 7.3% from 2016 to 2024. These additives provide durability and enhanced binding capabilities to composites, specifically providing strength & stability in the automotive & construction sector.

To Know More About Adhesion Promoter Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/adhesion-promoter-market

Top Players of Adhesion Promoter Market:

Adhesion promoters market is mainly dominated by multinational players such as BASF, Arkema, The 3M Company, Eastman Chemical Company, DuPont, Ashland, Momentive Performance Materials Inc., Dow Corning Corporation, Altana AG, Evonik Industries among several other independent players.

Market Segmentation of Adhesion Promoter Market:

The Global Adhesion Promoter Market segmented on the basis of Product, Application and Region.

By Product:

    Silane
    Maleic anhydride
    Chlorinated polyolefins
    Titanate & zirconate

By Application:

    Plastics &composites
    Paints &coatings
    Rubber
    Adhesives
    Metals

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East and Africa

Inquire about Adhesion Promoter Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2920
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