The North America Adhesion Promoter Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 375.98 kilo tonnes, showcasing a growth of 3.6% (2019-2022).
At their core, adhesion promoters are chemical compounds designed to improve the adhesion between dissimilar materials. Achieving a strong and durable bond between surfaces with varying chemical compositions can be challenging in adhesive bonding processes. Adhesion promoters act as facilitators by promoting the wetting, spreading, and bonding adhesive materials to substrates, ultimately enhancing the overall adhesion strength. These promoters often function at the molecular level, forming a chemical bridge between the adhesive and substrate surfaces. By addressing interfacial challenges, it contributes to increased bonding efficiency, stability, and longevity of the bonded materials.
Increasing demand for improved adhesion in the composites and plastics industry will stimulate market growth throughout the forecast period. Technological advancements have paved the way for non-chlorinated promoters and high-performance waterborne formulations that offer enhanced versatility in curing and improved performance in various sectors, including electronics, printing inks, adhesives, plastics and composites, automotive, and printing inks. Furthermore, manufacturers' growing trend is to enhance fuel economy and road safety by developing "green tires" that incorporate adhesion promoters, such as silanes, into the tread compounds. These silica-reinforced compounds are anticipated to substitute carbon black derived from petroleum and make a sustainable environmental contribution.
As the demand for new homes and residential developments increases in the United States, so does the need for this in applications such as bonding structural elements, sealants, and coatings. Adhesion promoters contribute to the overall integrity and longevity of residential structures. US Government investments in infrastructure projects, including roads, bridges, and utilities, contribute to the demand for this. These projects often involve materials that need strong and reliable bonding for structural integrity. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Adhesion Promoter Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $902.9 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6% during (2023 - 2030).
Free Valuable Insights: The Adhesion Promoter Market is Predict to reach $5.2 Billion by 2030, at a CAGR of 5.3%
Based on Product, the market is segmented into Silane, Maleic Anhydride, Titanate & Zirconate, Chlorinated Polyolefins, and Others. Based on Application, the market is segmented into Plastics & Composites, Paints & Coatings, Adhesives, Rubber, Metals, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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