The coupling agent market is expected to be growing at a growth rate of 8.16% in the forecast period of 2021 to 2028. The coupling agent market research examines the present state of expansion, which is being fueled by the expanding spectrum of its application in the woodworking sector.
A coupling agent is a substance that forms a chemical link between two distinct materials, usually an inorganic and an organic. There are three different types of coupling agents for polypropylene functions: granular, liquid, and powdered. With polymers, resins, and synthetic and natural waxes, all three types demonstrate outstanding conformability.
Despite the COVID-19 dilemma, the global market for coupling agents, which was anticipated to be worth US$467.3 million in 2020, is expected to increase at a CAGR of 3.7 percent to reach US$581.4 million by 2026. Sulfur Silane, one of the report’s segments, is expected to increase at a 4.4 percent compound annual growth rate (CAGR) to reach US$169.5 million by the conclusion of the analysis period. After a detailed examination of the pandemic’s commercial ramifications and the resulting economic crisis, the Vinyl Silane segment’s growth is revised to a revised 3.8 percent CAGR for the next seven years. This segment now holds a 22.2 percent share of the global market for coupling agents.
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Coupling agents are used in polypropylene compositions for a variety of purposes, such as plastic modification, hot melt adhesive, inks, paints and coatings, release agents, and reinforced panels, among others. This will increase the need for coupling agents in polypropylene implementations, resulting in the coupling agent market rising at a faster rate during the forecast period. Inventions and brand launches will have a beneficial impact on the coupling agent market, accelerating its expansion throughout the forecast period.
Furthermore, one of the factors expected to stymie the coupling agent market’s growth over the projected period is the declining need for plastic packaging. Furthermore, administration compliance and the growing push on fuel adequacy are two significant factors expected to drive the coupling agent market upward. The increased demand for environmentally friendly material is expected to stymie the expansion of the global coupling agent market, since coupling agents are meticulously dangerous by the National Fire Protection Association (NFPA) and should be handled under safety regulations.
The coupling agent market study covers the following major players: Wacker Chemie AG, Jingzhou Jianghan Fine Chemical Co.Ltd, Momentive, Nanjing Shuguang Chemical Group Co. Ltd., DowDuPont, GELEST INC., Evonik Industries AG, Shin-Etsu Chemical Co. Ltd., NANJING UNION SILICON CHEMICAL CO. LTD., Advanced Polymer Inc., GB SILICONES CO.LTD., China National Bluestar (Group) CoLtd., KPL International Limited, Anhui Herrman Impex Co. Ltd, Hungpai Chemistry Co. Ltd. and JNC Corporation among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Market Size and Scope of Coupling Agents
The coupling agent market can be divided into two categories: kind and application. The growth of the various segments aids you in gaining information of the many growth variables that are projected to be prevalent throughout the industry, as well as formulating distinct tactics to help discover primary application areas and differences in your target markets.
Based on type, the coating agent market is segment into sulfur silane, vinyl silane, amino silane, epoxy silane and others.
Based on application, the coating agent market is segmented into rubber & plastics, fiber treatment, adhesives & sealants, paints &coatings and others.
This coupling agent market report details recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and more.
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