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Coupling Agents Market by Type, Application And Region - Global Forecast to 2023

Coupling Agents Market: Global Forecast until 2023

  • August 2018
  • 129 pages
  • ID: 5492025
In this report:
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Coupling agent market to register a CAGR (Compound annual growth rate) of 3.50 percent, in terms of value concern (2018-2023)

The coupling agent market is forecasted to grow from $516.60M in 2018 to attain $614.10M by 2023, at a compound annual growth rate (CAGR) of 3.50 percent between 2018 and 2023. The growing demand for high-performance materials from the automotive, rubber & tire, aerospace & defense sectors is one of the main drivers for the coupling agent market. The automotive manufacturers are focusing on rising fuel efficiency and road safety. According to the requirements of OEMs, the use of coupling agents is growing to reduce the rolling resistance and improve the traction on wet or slippery surfaces. The use of coupling agents-silica reinforced green tires instead of traditional tires can improve the fuel efficiency by 5%. The rising use of plastics, fiber-reinforced plastics/composites, and coupling agent-reinforced tire can meet the fuel standards set by the US federal agencies and the EU. Therefrom, the coupling agent consumption in plastics, rubber, and fiber treatment is anticipated to growth significantly by 2023. The growing demand for environmental packaging can have adverse effects on the sector demand for plastic packaging, which will act as a restraining factor for the coupling agent market during the estimate period.

Sulfur silane is anticipated to be the most important type segment during the outlook period.

Sulfur silane is forecasted to be the biggest type segment of the coupling agent market during the estimate period, in terms of value significance and quantity.Sulfur silanes are used as coupling agents and have their main application in the rubber & tire market.

Sulfur silane coupling agents are also used in plastics and composites to enhance the strength of the material.The increasing demand for green tires has rised the market demand for sulfur coupling agents.

The industry demand for green tires is rising as they offer better fuel efficiency and also because of the initiatives taken by many countries to decrease pollution and carbon emission.

Asia-Pac is planned to be the most important as well as the quickest-increasing coupling agent market during the outlook period.

Asia-Pacific is intended to be the biggest market for coupling agent and is anticipated to register the Compound annual growth rate, in terms of value importance, during the estimate period.The growing population and the increase in spending are driving the automotive sector in Asia-Pac, which is expected boost the coupling agent market during the outlook period.

North America (NA) is forecasted to be the second-largest coupling agent market. Coupling agents offer abrasion resistance, durability, good weather protection, and low maintenance to the products in which they are used.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments collected by secondary research.

The break-up of primary interviews is presented below:

• By Company category: Tier 1 - 50.0 percent, Tier 2 - 37.0 percent, and Others - 13.0 percent

• By Description: C-suite - 46.0 percent, D-level - 31.0 percent, and Others - 23.0 percent

• By Area: North America continent - 33.0 percent, Europe (EU) - 28.0 percent, Asia Pacific (APAC) - 22.0 percent, South America region - 11.0 percent, and the Middle East (ME) & African continent - 6.0 percent

The firms decribed in this research report are Wacker Chemie, Momentive Performance Materials, Dow-DuPont, Evonik, and Shin-Etsu Chemicals, and others.

Segment Research

This market research classifies the coupling agents market based on type, application, and area.The study includes exhaustive information concerning top factors influencing the increase of the coupling agents market, including drivers, industry restraints, opportunities, and possibilities.

An in-depth study of main industry actors has been done to furnish industry insights on business overviews, products & services, top strategies, market investments & business developments, mergers & acquisitions, and other recent developments combined with the industry.

Why Purchasing This Study Can Help You:

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the coupling agents market comprehensively and offers the closest approximations of market sizes for the global market and its sub-segments across localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend their players better and acquire business insights to improve their rank in the sector. The competitive outlook section includes the new product developments and mergers & acquisitions in the coupling agent market.

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