Lucintel’s latest market report analyzed that adhesive promoter provides attractive opportunities in the plastic & composite, paint & coating, rubber, adhesive, and metal applications. The adhesive promoter market is expected to reach $5.3 billion by 2028 with a CAGR of 5.7%. In this market, silane is the largest segment by product type, whereas plastics & composites is largest by application.
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Based on product type, the adhesive promoter market is segmented into silane, maleic anhydride, chlorinated polyolefins, titanate & zirconate, and others. The silane segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing usage in the paint & coating and rubber applications.
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The Adhesive Promoter Market is marked by the presence of several big and small players. Some of the prominent players offering adhesive promoter include Momentive Performance Materials, Eastman Chemical Company, Dow Corning Corporation, BASF SE, Arkema SA, Evonik Industries AG,ALTANA AG, Air Products and Chemicals, E. I. du Pont de Nemours and Company, and AkzoNobel NV.
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