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 adhesive primer market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $4.5 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. 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.
Browse 114 market data tables and 147 figures spread through 224 pages and in-depth TOC on “Adhesive Primer Market"
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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 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 Adhesive Primer Market 2020-2025: 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 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 2014 – 2025]:
Silane
Maleic Anhydride
Polyolefin
Titanate & Zirconate
Others
By End Use Industry [Volume (M lbs) and ($M) shipment analysis for 2014 – 2025]:
Automotive
Construction
Aerospace
Electronics
Packaging
Others
By Substrate Type [Value ($M) shipment analysis for 2014-2025]:
Plastic & Composites
Metal
Rubber
Others
By Region [Volume and ($M) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 224-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 click on this link https://www.lucintel.com/adhesive-primer-market.aspx or helpdesk@lucintel.com.
About Lucintel
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.