The Adhesion Promoter Market is Predict to reach $5.2 Billion by 2030, at a CAGR of 5.3%

07-Feb-2024 | Report Format: Electronic (PDF)

Adhesion Promoter Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Adhesion Promoter Market size is expected to reach $5.2 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,542.20 Kilo tonnes, experiencing a growth of 4.1% (2019-2022).

The Silane segment is leading the Global Adhesion Promoter Market, by Product in 2022; thereby, achieving a market value of $1.7 billion by 2030. Silanes typically possess hydrolyzable groups, such as alkoxy (e.g., methoxy, ethoxy) or halogen, which can undergo hydrolysis in the presence of moisture. This hydrolysis generates reactive silanol groups that participate in bonding with surfaces. Silanes exhibit a strong affinity for various surfaces, including metals, glass, ceramics, and polymers. This reactivity allows them to form a stable bond between the substrate and an adhesive or coating. Silane products are used for surface modification to alter the properties of materials. This can include improving hydrophobicity, corrosion resistance, or chemical resistance of surfaces.

The Paints & Coatings segment would showcase a CAGR of 4.8% during (2023 - 2030). In paints and coatings, adhesion promoters are used to improve the bonding between the substrate (such as metal, plastic, or wood) and the paint or coating. They enhance adhesion by promoting better wetting, bonding, and compatibility between the substrate and the coating material. Adhesion promoters are also often used as primers or pre-treatments before applying the final paint or coating. They help prepare the substrate surface by cleaning, roughening, or modifying its surface chemistry to enhance adhesion.

Full Report: https://www.kbvresearch.com/adhesion-promoter-market/

The Asia Pacific region dominated the Global Adhesion Promoter Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.3 billion by 2030. The North America region is experiencing a CAGR of 4.6% during (2023 - 2030). Additionally, The Europe region would exhibit a CAGR of 4.8% during (2023 - 2030).