Adhesion Promoter Market is to Touch $5.75 Billion by 2030; The expanding demand in industries including automotive, construction, packaging, electronics, and aerospace is the main driver of the market.

The Adhesion Promoter Market size is estimated to reach $5.75 billion by 2030, growing at a CAGR of 6.5% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Adhesion Promoter Market  – By Type (Silane, Titanate & Zirconate, Chlorinated Polyolefins, Phosphates, Rosin Esters, Sucrose and Others), By Application (Plastics & Composites, Rubber, Adhesive, Metal Substrate, Surface sealants, ceramics, glass, catalyst, printed circuit boards, Others), By End Use (Automotive, Electrical & Electronics, Packaging, Paints & Coatings, Consumer Goods, Construction & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”.

The market for adhesion promoters is a sizable sector of the plastics, coatings, and adhesives industries due to its crucial function in strengthening the bonds between various materials. To increase the adherence of coatings, inks, or adhesives to different substrates including metals, polymers, glass, or composites, adhesive promoters are chemicals or additives. These materials are especially useful in applications like non-polar plastics and some metal surfaces where the surfaces have poor adhesive qualities. Adhesion promoters improve the performance and durability of coatings and adhesives by altering the surface energy of materials, which makes them essential in a variety of industrial applications.

APAC dominated the Adhesion Promoter Market in 2023 with a market share of 38.5%. The Asia-Pacific (APAC) region became the top market for adhesion promoters in 2023 because to strong economic expansion, quick industrialization, and rising manufacturing in nations like China, Japan, India, and South Korea. A major user of adhesion promoters, the automotive sector has grown significantly in this region, especially in China and India, as a result of increased vehicle manufacturing and the move to electric vehicles (EVs). APAC's sizable construction industry, which is driven by continuous infrastructure and urbanization initiatives, has also increased demand for adhesives and coatings, which depend on adhesion promoters to function better. The availability of raw materials and the presence of important manufacturers further reinforce the region's supremacy by enabling an economical and effective supply chain. 

The market for adhesion promoters has been greatly influenced by the automobile industry's increasing need for lightweight materials and sophisticated coatings. Adhesion boosters improve the bonding of coatings, sealants, and adhesives to a variety of substrates, including glass, metal, and plastics, all of which are utilized extensively in the production of contemporary automobiles. According to IBEF, A total of 23,58,041 passenger vehicles, three-wheelers, two-wheelers, and quadricycles were produced in April 2024.  High-performance adhesion solutions are now more important than ever as the automobile industry uses lightweight materials like composites and plastics more and more to cut emissions and increase fuel efficiency. The need has also increased due to the growing popularity of electric vehicles (EVs), which need specific bonding and coating solutions to guarantee performance and safety. Continuous developments in the automobile industry, including as connected car and driverless car technologies, continue to open up new avenues for adhesion promoters and propel market expansion.

The market for adhesion promoters is also developing as a result of growing applications in the electronics and packaging industries. Adhesion promoters are crucial for strengthening the binding between films, labels, and laminates in packaging, particularly in flexible packaging, which is becoming more and more popular because of its sustainability and lightweight nature. Adhesion promoters are essential to the electronics sector, which is known for its quick technical improvements, in order to guarantee the robustness and dependability of electronic devices and components. Adhesion promoters improve the bonding of adhesives and coatings used in semiconductor packaging, printed circuit boards, and displays. The use of adhesion promoters is anticipated to increase in tandem with the growing demand for consumer electronics, smart gadgets, and smaller components, hence propelling the market.

Key companies profiled in the Adhesion Promoter Market are Sherwin-Williams Company, PPG Industries Inc., Boero Yacht Coatings, 3M, BASF, Eastman Chemical Company, Evonik Industries, Dow Chemical, AkzoNobel, Worlée-Chemie and more, and others.