The global adhesion promoters market has been categorized on the basis of type, application, and region. In terms of value, the silane segment led the global adhesion promoter market in 2015. The market is categorized on the basis of application into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. Innovations in advanced composites and multilayer packaging have increased the demand of adhesion promoter in the plastics & composites application. The adhesion promoter market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, owing to the rising demand of paints & coatings in the automotive and construction sectors. The report on the adhesion promoter market considered 2015 as the base year, and the forecast period from 2016 to 2021.
Growth in the adhesion promoter market is mainly attributed to the increasing demand of automobiles in the Asia-Pacific region, use of adhesion promoters in composites, application of adhesion promoters in printed circuit boards, and the innovation of silane-based green tires.
Plastics & composites is the largest application segment in the adhesion promoter market
Among all applications, the plastics & composites segment held the largest share in the adhesion promoters market. This application segment is projected to grow at the highest CAGR between 2016 and 2021. This growth is mainly attributed to the increasing demand of adhesion promoters in the automotive, packaging, and wire & cable end-use industries.
On the basis of Application, the adhesion promoter market is segmented into:
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Plastics & composites is the largest application segment in the adhesion promoter market
Among all applications, the plastics & composites segment held the largest share in the adhesion promoters market. This application segment is projected to grow at the highest CAGR between 2016 and 2021. This growth is mainly attributed to the increasing demand of adhesion promoters in the automotive, packaging, and wire & cable end-use industries.
On the basis of Application, the adhesion promoter market is segmented into:
- Plastics & Composites
- Paints & Coatings
- Rubber
- Adhesives
- Metals
- Others
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