Market Size of Adhesion Promoters Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Adhesion Promoters Market Analysis
The market for adhesion promoters is expected to expand at a CAGR of around 3% during the forecast period. Major factors driving the market studied are the increasing usage in the packaging sector, increasing applications in the electrical and electronics industry. Negative environmental effect is expected to hinder the growth of the market studied.
- Growing emphasis on the development of silane-based green tires is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China and India.