the global coupling agents market is forecast to reach USD 698.5 Million by 2028, according to a new report by Reports and Data. The growing demand for high-quality performance bonding agents is one of the significant factors contributing to the growth of the market.
Increased Demand From End-Use Sectors Like Automotive, Aerospace & Defence, And Infrastructure & Construction Is One Of The Factors Fueling The Growth Of The Worldwide Coupling Agent Market. The Global Coupling Agent Market Is Also Expected To Rise As A Result Of Regulation Compliance And Growing Fuel Efficiency Initiatives.
The National Fire Protection Association (NFPA) Classifies Coupling Agents As Hazardous, So They Must Be Utilised By Safety Regulations. The Expansion Of The Worldwide Coupling Agent Market Is Anticipated To Be Constrained By The Rising Demand For Environmentally Friendly Materials. However, New Coupling Agent Uses In The Pharmaceutical And Cosmetics Industries As Well As The Expanding Economies Of Nations Like India, China, And South Korea Are Anticipated To Offer Lucrative Potential For The Development Of Coupling Agents. COVID-19 Impact On The Global Spunbond Nonwovens Market
Market Drivers For Coupling Agents
The Vehicle Industry Is Concentrating On Improving Street Safety And Fuel Efficiency. The Usage Of Silica Silane Innovation In Tyre Manufacture And Production Aids In Strengthening Their Foundation. According To OEM Requirements, The Use Of Coupling Agents Is Growing To Reduce The Likelihood Of Rolling Over And Improve Traction On Slippery Or Wet Terrain. The Use Of Coupling Agents In Green Tyres Made Of Silica Rather Than Traditional Tyres Could Increase Fuel Efficiency By An Additional 5%. It Might Reduce Carbon Dioxide Emissions While Also Saving A Significant Amount Of Fuel Each Year.
The market for Coupling Agents: Types of Competition
Given the number of players and their concentration on brand promotion, the market for coupling agents is quite competitive. Mergers and acquisitions, brand extensions, joint ventures, and the introduction of new products are a few of the major strategies used by players.
The following are some of the major market participants for coupling agents worldwide:
Nanjing Shuguang Chemical Group Co., Ltd. and Jingzhou Jianghan Fine Chemical Co.
AG Wacker Chemie
Momentive Performance Materials Inc. Evonik Industries AG WD Silicone Company Limited DowDuPont Inc.
Gelest Inc., Nanjing Union Silicon Chemical Co. Ltd., Shin-Etsu ChemicalsCo., Ltd., and others
Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- THE US
- Canada & Mexico
- the UK
- Rest Of Europe
- the Asia Pacific
- South Korea
- Rest Of APAC
- Rest Of The World
- South America
- Middle East & Africa