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Opportunities For The Global Adhesive Primer Market To Reach $4.7 Billion By 2024
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]:
• Maleic Anhydride
• Titanate & Zirconate
By End Use Industry [Volume (M lbs) and ($M) shipment analysis for 2013 – 2024]:
By Substrate Type [Value ($M) shipment analysis for 2013-2024]:
• Plastic & Composites
By Region [Volume and ($M) shipment analysis for 2013 – 2024]:
• North America
− The United Kingdom
• Asia Pacific
− South Korea
• The Rest of the World
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 email@example.com. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.
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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