Market Size of Coupling Agent Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Coupling Agent Market Analysis
The market for coupling agents is expected to register at a CAGR of over 3% during the forecast period. The primary factor driving the growth of the market includes the high consumption of coupling agents in enhancing the properties of plastics and rubber, used across many end-use industries. On the flip-side, the sudden outbreak of COVID-19 is predicted to foil the market growth during the forecast timeline.
- The rubber and plastic industry is anticipated to hold the largest share in the coupling agent market worldwide.
- The Asia-Pacific region is expected to dominate the coupling agent market globally, owing to the high demand for rubber and plastics consumption in the region.