According
to a new market report published by Lucintel, the future of the adhesive primer
market looks promising with opportunities in the automotive, construction,
aerospace, electronics, and packaging industries. The global adhesive primer
market is expected to reach an estimated $4.7 billion by 2024 with a CAGR of 6.4% from 2019 to 2024. The major drivers for this market are increasing
usage of adhesives in the automotive industry and growing applications of adhesive
in construction and packaging industry.
In
this market, polyolefin, silane, maleic anhydride, titanate, and zirconate
based adhesive primers are used for promoting better adhesion in various applications.
Lucintel forecasts that polyolefin adhesive primer will remain the largest segment
due to the increasing demand for plastic and composites in construction
industries. Maleic anhydride adhesive primer is expected to witness the highest
growth over the forecast period due to its better adhesion to polar surfaces and
it also helps to improve water resistance and alkali solubility.
Within
this market, adhesive primer for automotive will remain the largest segment due
to the increasing demand for adhesive primer for improving the adhesion
strength of automotive parts and components. Adhesive primer for packaging
industry is expected to witness the highest growth due to the growth in food
and pharmaceutical packaging.
Asia
Pacific will remain the largest region and it is also expected to witness the
highest growth over the forecast period due to the growth in automotive,
construction, electronics, and packaging sector in developing countries.
Emerging trends, which have a direct
impact on the dynamics of the industry, include development of hylink adhesive
primer to make hybrid components to reduce weight and increase performance. 3M,
Momentive, Arkema, Henkel, Altana AG, Solvay, Dow Corning, BASF, Evonik, Eastman are among the major
suppliers of adhesive primers.
Lucintel, a leading
global strategic consulting and market
research firm, has analyzed growth opportunities in the
global adhesive primer market by surface charge, end use type, application,
setting time, and region. Lucintel has prepared a comprehensive research report
entitled “Growth
Opportunities in the Global Adhesive Primer Market 2019-2024: Trends, Forecast,
and Opportunity Analysis”. The Lucintel report serves as a catalyst for growth strategy as it
provides a comprehensive data and analysis on trends, key drivers, and
directions. The study includes a forecast for the global adhesive primer market
by product type, end use industry, substrate type, and region.as follows:
By Product
Type [Volume (M lbs) and ($M) shipment analysis for 2013 – 2024]:
- Silane
- Maleic
Anhydride
- Polyolefin
- Titanate
& Zirconate
- Others
By End
Use Industry [Volume (M lbs) and ($M) shipment analysis for 2013 – 2024]:
- Automotive
- Construction
- Aerospace
- Electronics
- Packaging
- Others
By Substrate Type [Value ($M) shipment
analysis for 2013-2024]:
- Plastic
& Composites
- Metal
- Rubber
- Others
By
Region [Volume and ($M) shipment analysis for 2013 – 2024]:
·
North
America
−
US
−
Canada
−
Mexico
·
Europe
−
Germany
−
The
United Kingdom
−
France
−
Russia
·
Asia
Pacific
−
China
−
Japan
−
India
−
South
Korea
·
The
Rest of the World
−
Brazil
−
Argentina
This 205-page research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include chemical
market research reports, chemical
industry analysis report, commercial due diligence
report, business
strategy consulting and market research
reports online.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This report answers following 11 key
questions:
Q.1
What are some of the most promising potential, high growth opportunities for
the global adhesive primer market by end use industry (automotive, construction,
aerospace, electronics, packaging and others), product type (silane, maleic
anhydride, polyolefin, titanate & zirconate, and others), substrate type (plastic
& composites, metal, rubber, others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q. 2
Which segments will grow at a faster pace and why?
Q.3
Which regions will grow at a faster pace and why?
Q.4
What are the key factors affecting market dynamics? What are the drivers and
challenges of the market?
Q.5
What are the business risks and threats to the market?
Q.6
What are the emerging trends in this market and the reasons behind them?
Q.7
What are the changing demands of customers in the market?
Q.8
What are the new developments in the market? Which companies are leading these
developments?
Q.9 Who
are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
Q.10
What are some of the competitive products and processes in this area and how
big of a threat do they pose for loss of market share via material or product
substitution?
Q.11
What M & A activities have taken place in the last 5 years in this market?
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