Global Coupling Agents Market Size By Product (Amino, Epoxy, Vinyl), By Application (Adhesives and Sealants, Fiber Treatment), By Geography Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Coupling Agents Market Size By Product (Amino, Epoxy, Vinyl), By Application (Adhesives and Sealants, Fiber Treatment), By Geography Scope And Forecast
Coupling Agents Market Size And Forecast
Coupling Agents Market size had a valuation of USD 621 Million in 2022. We expect that the market will reach a valuation of USD 1,239.78 Million by 2030, with an exceptional CAGR of 3.13% during the forecast period of 2024-2030.
Coupling Agents Market is primarily growing due to industrialization and urbanization in developing regions like the Asia Pacific and Latin America. The rubber and coatings industries are primary end-users for the Coupling Agents, which are forecasted to support the growth of the Coupling Agents Market in the years to come. The Global Coupling Agents Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Coupling Agents Market Definition
So, imagine you're trying to get two totally different things to stick together really well in a plastic or something. That's where Coupling Agents come in handy! They're like tiny matchmakers, making the surfaces of these things play nice with the plastic matrix. Basically, they have special chemical "hands" that can grab onto both the plastic and the other material. This is super useful in all sorts of industries, from making adhesives and sealants that really hold, to improving how paint sticks, and even in treating fibers to make them stronger. Because they help things stick better, you'll find them used in all sorts of materials, like in plastics with fillers, in rubber applications where you need to crosslink things (think vinyl silanes with polyolefins), and lots more.
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Global Coupling Agents Market Overview
The global Coupling Agents Market is expanding due to the expansion of end-user industries like rubber and plastics and paints and coatings, and many others. Rubber is prone to leaching. Thus, it is necessary to coat rubber and plastic with a protective layer of coupling pigments to prevent its leaching. It also protects rubber and plastic from organic and inorganic solvents, which are responsible for leaching. Due to such applications, Coupling Agents are being used extensively in rubber and plastics. Furthermore, industrial growth and urbanization in developing countries are promoting the Coupling Agents Market.
Asia has the largest rubber and plastics and paints and coatings industry, which has created many growth opportunities for the global Coupling Agents Market; these market developments are attracting many new and established market players to expand their operations in the industry. However, growing regulations regarding the use of chemicals and management of byproducts and waste disposal may have a negative impact on the industry.
Global Coupling Agents Market Segmentation Analysis
The Global Coupling Agents Market has distinct Segments Based on Product, Application, and Geography.
Coupling Agents Market, By Product
Amino
Epoxy
Vinyl
Others
Based on Product, the global market for Coupling Agents is segmented into Amino, Epoxy, Vinyl, and Others. The amino-based Coupling Agents are commonly used across the industry due to their superior applications in the rubber and plastics industry. The commonly used amino Coupling Agents include 3-aminopropyltriethoxysilane and 3-aminopropyltrimethoxysilane. During the forecast period, the demand for amino segments is only estimated to increase with the rising industrial applications.
Coupling Agents Market, By Application
Adhesives and Sealants
Fiber Treatment
Paints and Coatings
Rubber and Plastics
Others
Based on Application, the global market for Coupling Agents is segmented into Adhesives and Sealants, Fiber Treatment, Paints and Coatings, Rubber and Plastics, and Others. The rubber and plastics segment is estimated to reign in the global market with the expansion of the industry. Rubber and plastic are the products of a polymerization reaction, in which the Coupling Agents play an integral role in combining two materials. With the use of Coupling Agents, rubber and plastic can have superior binding and longer durability, which is forecasted to propel the segment growth in the global Coupling Agents Market.
Coupling Agents Market, By Geography
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Based on Geography, the global market for Coupling Agents market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The Asia Pacific region is forecasted to dominate and contribute the most to the global Coupling Agents Market. Asia has the largest rubber and plastics industry along with a significantly spread paints and coatings industry. With the industrial growth in developing Asian countries, these industries are expanding at a staggering growth rate to attract many new and innovative players. These market developments are expected to further the Asia Pacific Coupling Agents Market.
Key Players
The “Global Coupling Agents Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Momentive, Dow, Shin-Etsu Chemical Co Ltd, Evonik Industries AG, and Wacker Chemie AG. This section offers in-depth analysis through a company overview, position analysis, the regional and industrial footprint of the company, and the ACE matrix for insightful competitive analysis. The section also provides an exhaustive analysis of the financial performances of mentioned players in the given market.
Key Developments
In May 2023, Momentive Global announced that the company is selling its business to the Symphony Technology Group. The acquisition deal is estimated to be valued at around $1.5 billion.
In February 2023, Shin-Etsu Chemical announced the development of products for micro-LED displays.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Coupling Agents Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces Model
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Coupling Agents Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Momentive, Dow, Shin-Etsu Chemical Co Ltd, Evonik Industries AG, and Wacker Chemie AG.
SEGMENTS COVERED
By Product
By Application
By Geography
CUSTOMIZATION SCOPE
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Reasons to Purchase this Report
We'll dig deep into the market, looking at it from all angles - not just the money side, but also those human factors. Expect USD Billion figures for every little piece of the market. We'll point out which areas and segments are set to explode and become the big shots. Plus, we'll break down each region, showing you where the product/service is hot and what's driving those trends. You'll get the lowdown on the competition, including who's on top and what they've been up to with new stuff, partnerships, and takeovers in the last five years. We'll also give you detailed profiles of the key players, including a SWOT analysis. Want to know what's happening now and what's coming next? We'll cover the current state and future possibilities, highlighting growth opportunities, drivers, and potential roadblocks in both up-and-coming and established areas. We're using Porter's Five Forces to give you a really thorough look at the market. And you'll get a clear picture of the Value Chain, how the market works, and where the growth opportunities are headed. Oh, and don't forget the 6-month post-sales analyst support if you need it!
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