Oct 8, 2020 9:00 AM ET
iCrowd Newswire – Oct 8, 2020
Zion Market Research has published a new report titled “Coupling Agents Market by Type (Sulfur Silane, Amino Silane, Vinyl Silane, and Epoxy Silane) and by Application (Fiber Treatment, Adhesives & Sealant, Rubber & Plastics, Paints & Coatings, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global coupling agents market was valued at USD 499 million in 2017 and is expected to reach USD 634 million by 2024, at a CAGR of 3.5% between 2018 and 2024.
Coupling agents are chemical compounds that are used in several industries, such as rubber, paints, and coatings, etc., to enhance the adhesion between fillers and polymer material. It is used to offer superior mechanical properties to filled plastics. The application of coupling agents provides flexural strength, E-modulus, and compressive strength to the product.
The major growth driver of the global coupling agents market is likely to be the rising demand for high-performance materials in various end-user industries, such as rubber and plastics, automotive, aerospace, and defense, among others, in the years ahead. Moreover, several manufacturers are focusing on road safety and fuel efficiency, which, in turn, is expected to further propel the growth of the coupling agents market globally in the future. Furthermore, the escalating demand for green tires in automobiles is expected to offer new growth opportunities for the players operating in the coupling agents market in the future.
The global coupling agents market is classified based on type and application. By type, the coupling agents market includes amino silane, sulfur silane, epoxy silane, and vinyl silane. The sulfur silane segment is likely to be the largest contributor to the global coupling agents market in the future, due to its extensive use in the rubber and tire industry. Epoxy silane is estimated to grow significantly in the upcoming years, owing to the growing product use as a coating for a wide range of diagnostic applications. Sulfur silane is also widely used in the composites and plastics to enhance their strength. Additionally, the increasing application of green tires is projected to further propel the demand for sulfur silane as a coupling agent. By application, the coupling agents market includes fiber treatment, rubber and plastics, adhesives and sealant, paints and coatings, and others. In 2017, the rubber and plastics segment held the largest share of the coupling agents market globally in the upcoming years, owing to the rising application of coupling agents in the rubber industry.
By region, the global coupling agents market includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The Asia Pacific region was the largest contributor to the global coupling agents market and is projected to continue its leading market position in the future as well. This regional dominance can be attributed to the region’s flourishing automotive industry, rising population, and increasing per capita income. The European and North American regions are estimated to grow substantially in the upcoming years, owing to the evolving packaging industry in both regions.
Some key manufacturers of the global coupling agents market are China National Bluestar (Group) Co., Ltd., 3M, Struktol, Gelest, Inc., Dow Corning, Power Chemical Corporation (PCC), Shin-Etsu Silicones, The Dow Chemical Company, Hexpol Compounding, LLC, Evonik Industries AG, Rayton Chemicals Co., Ltd., and Wacker Chemie AG, among others.
This report segments the global coupling agents market into:
Global Coupling Agents Market: Type Analysis
- Sulfur Silane
- Amino Silane
- Vinyl Silane
- Epoxy Silane
Global Coupling Agents Market: Application Analysis
- Fiber Treatment
- Adhesives and Sealant
- Rubber and Plastics
- Paints and Coatings
Global Coupling Agents Market: Regional Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Keywords: Coupling Agents Market