Global Adhesion Promoter Market Size Study, by Product Type, by Application, and Regional Forecasts 2022-2032

Description

The global adhesion promoter market, valued at approximately USD 4.75 billion in 2023, is expected to exhibit robust growth, reaching an estimated USD 10.84 billion by 2032, with a compound annual growth rate (CAGR) of 9.60% during the forecast period 2024-2032. Adhesion promoters are critical in enhancing bonding properties between different substrates, making them indispensable across diverse industries, including plastics, coatings, adhesives, and rubber. These versatile compounds facilitate improved durability and performance of end products, driving their adoption globally.

Rising demand in the paints and coatings sector is a significant growth driver for the adhesion promoter market, particularly in automotive and construction applications. Silane-based promoters are increasingly used in high-performance coatings due to their exceptional adhesion properties, weather resistance, and durability. The plastics and composites segment is also experiencing heightened demand as industries prioritize lightweight materials for fuel efficiency and sustainability. However, challenges such as environmental regulations on certain chemical formulations and fluctuating raw material costs may constrain market growth.

Technological advancements in adhesion promoter formulations are paving the way for eco-friendly and high-performance products. Maleic anhydride and titanate-based promoters are gaining traction for their efficacy in demanding applications, including metals and composites. The industry's shift toward water-based formulations aligns with global sustainability goals, offering new growth opportunities. Innovations such as bio-based promoters and nanotechnology integration are further expanding the market's potential across varied applications.

Regionally, Asia-Pacific dominates the adhesion promoter market, driven by rapid industrialization and robust growth in automotive, construction, and electronics sectors in countries such as China, India, and Japan. North America and Europe follow closely, supported by advancements in materials science and stringent quality standards in manufacturing. Emerging economies in Latin America and the Middle East & Africa are witnessing steady adoption of adhesion promoters, fueled by infrastructure development and growing industrial activities.

Major market players included in this report are:

BASF SE
Dow Inc.
Eastman Chemical Company
Evonik Industries AG
3M Company
Arkema S.A.
Momentive Performance Materials Inc.
Mitsui Chemicals, Inc.
Shin-Etsu Chemical Co., Ltd.
Wacker Chemie AG
The Lubrizol Corporation
Air Products and Chemicals, Inc.
Akzo Nobel N.V.
Ashland Global Holdings Inc.
Croda International Plc

The detailed segments and sub-segments of the market are explained below:

By Product Type:

Silane
Maleic Anhydride
Chlorinated Polyolefins
Titanate & Zirconate
Others

By Application:

Plastics & Composites
Paints & Coatings
Rubber
Adhesives
Metals
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Detailed market forecasts spanning a decade, segmented by product type, end-use, and region.
Comprehensive regional analysis, offering granular insights into key markets.
Evaluation of competitive dynamics, including strategies, innovations, and market shares of major players.
Identification of emerging trends and growth opportunities within the drilling fluids landscape.
Supply-side and demand-side analysis, delivering actionable insights for stakeholders.

Chapter 1. Global Adhesion Promoter Market Executive Summary

1.1. Global Adhesion Promoter Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Adhesion Promoter Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Adhesion Promoter Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand in Building & Construction
- 3.1.2. Advancements in Product Technologies
- 3.1.3. Growing Adoption in Aerospace & Defense
3.2. Market Challenges
- 3.2.1. Environmental Regulations
- 3.2.2. Fluctuating Raw Material Prices
3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Innovations in Sustainable Coating Solutions
- 3.3.3. Government Initiatives Promoting Energy Efficiency

Chapter 4. Global Adhesion Promoter Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Adhesion Promoter Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Adhesion Promoter Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Silane
- 5.2.2. Maleic Anhydride
- 5.2.3. Chlorinated Polyolefins
- 5.2.4. Titanate & Zirconate
- 5.2.5. Others

Chapter 6. Global Adhesion Promoter Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Adhesion Promoter Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Plastics & Composites
- 6.2.2. Paints & Coatings
- 6.2.3. Rubber
- 6.2.4. Adhesives
- 6.2.5. Metals
- 6.2.6. Others

Chapter 7. Global Adhesion Promoter Market Size & Forecasts by Region 2022-2032

7.1. North America Adhesion Promoter Market
- 7.1.1. U.S. Adhesion Promoter Market
  - 7.1.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Adhesion Promoter Market
7.2. Europe Adhesion Promoter Market
- 7.2.1. UK Adhesion Promoter Market
- 7.2.2. Germany Adhesion Promoter Market
- 7.2.3. France Adhesion Promoter Market
- 7.2.4. Spain Adhesion Promoter Market
- 7.2.5. Italy Adhesion Promoter Market
- 7.2.6. Rest of Europe Adhesion Promoter Market
7.3. Asia-Pacific Adhesion Promoter Market
- 7.3.1. China Adhesion Promoter Market
  - 7.3.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 7.3.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 7.3.2. India Adhesion Promoter Market
- 7.3.3. Japan Adhesion Promoter Market
- 7.3.4. Australia Adhesion Promoter Market
- 7.3.5. South Korea Adhesion Promoter Market
- 7.3.6. Rest of Asia-Pacific Adhesion Promoter Market
7.4. Latin America Adhesion Promoter Market
- 7.4.1. Brazil Adhesion Promoter Market
- 7.4.2. Mexico Adhesion Promoter Market
- 7.4.3. Rest of Latin America Adhesion Promoter Market
7.5. Middle East & Africa Adhesion Promoter Market
- 7.5.1. Saudi Arabia Adhesion Promoter Market
- 7.5.2. South Africa Adhesion Promoter Market
- 7.5.3. Rest of Middle East & Africa Adhesion Promoter Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. Dow Inc.
- 8.1.3. Eastman Chemical Company
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Dow Inc.
- 8.3.3. Eastman Chemical Company
- 8.3.4. Evonik Industries AG
- 8.3.5. 3M Company
- 8.3.6. Arkema S.A.
- 8.3.7. Momentive Performance Materials Inc.
- 8.3.8. Mitsui Chemicals, Inc.
- 8.3.9. Shin-Etsu Chemical Co., Ltd.
- 8.3.10. Wacker Chemie AG
- 8.3.11. The Lubrizol Corporation
- 8.3.12. Air Products and Chemicals, Inc.
- 8.3.13. Akzo Nobel N.V.
- 8.3.14. Ashland Global Holdings Inc.
- 8.3.15. Croda International Plc

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes