It’s being expected that by 2032, the Coupling Agents market cap will hit US$ 812.1 Mn at a CAGR growth of about 4.2%.
The global coupling agent market is anticipated to reach a value of around USD 801.1 million by 2028. A coupling agent is a substance that creates a chemical link between two different materials, often an inorganic and an organic. Polypropylene coupling agents are available in three main forms: granular, liquid, and powdered. All three types are extremely conformable to polymer, resins, and synthetic and natural waxes.
Coupling agents are used in polypropylene compositions for a variety of purposes such as plastic modification, hot melt adhesive, inks, paints, and coating applications, mold release agent, and reinforced panels, among others. This will add to the need for coupling agents in polypropylene implementations; hence, the increased demand for polypropylene applications will drive the coupling agent market development over the forecast period.
Rising inventions and brand launches will have a good impact on the coupling agent market and will naturally contribute to its expansion during the projected period. Other major factors driving the growth of the coupling agent market throughout the projected period are brand diversification and rising demand for Sulphur silane coupling agents. Factors such as increased demand from end-use industries such as automotive, aerospace and military, infrastructure and construction, and growing consumption of coupling agents are likely to push the coupling agent market forward.
Coupling Agents Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 812.1 Million |
Growth Rate | CAGR of 4.2% during 2022-2032 |
Segment Covered | By Type, Applications, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | DowDuPont, Momentive Performance Materials , Evonik Industries, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., China National BlueStar (Group) Co., Ltd |
Key Segments of the Global Coupling Agents Market
Type Overview, (USD Million)
- Vinyl Silane
- Sulfur Silane
- Amino Silane
- Epoxy Silane
Application Overview, (USD Million)
- Rubber & Plastics
- Fiber treatment
- Adhesives & Sealant
- Paint & Coatings
Regional Overview, (USD Million)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global coupling agent market.
- Coupling Agents is widely used for various end uses, owing to their excellent properties and the market is expected to gain traction over the coming years
- With the growing personal care uses, there is a rise in the demand for coupling agent which is further expected to have a positive impact on the overall market growth
What does the report include?
- The study on the global coupling agent market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the coupling agent industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on Type and End Use. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global coupling agent market. The report will benefit: Every stakeholder involved in the coupling agent market.
- Managers within the coupling agent industry looking to publish recent and forecasted statistics about the global coupling agent market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global coupling agent market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Frequently Asked Questions (FAQ) :
Furthermore, the declining demand for plastic packaging is predicted to hinder the growth of the coupling agent market throughout the forecast period. Furthermore, administration compliance and the expanding emphasis on fuel adequacy are projected to drive the coupling agent market upward. Because coupling agents are deemed very harmful by the National Fire Protection Association (NFPA) and must be used in line with safety rules, increased demand for environmentally friendly materials is projected to hinder the global coupling agent market's growth. Furthermore, rising coupling agent implementations in the pharmaceutical and cosmetic industries, as well as development in new markets, are likely to give lucrative opportunities for the coupling agent market to grow.
The coupling agent market is being driven by an increase in demand for high-performance materials in various end-use industries such as automotive, rubber & tire, aerospace, and military. The shift in automobile manufacturers' focus toward fuel efficiency and road safety is a primary factor boosting market demand for coupling agents. Coupling agents help to reduce rolling resistance and improve traction on wet or slick surfaces. Increased demand for environmentally friendly packaging materials may have a detrimental impact on demand for plastic packaging. This is expected to stymie the market for coupling agents for the foreseeable future.
Type Segment
Rubber and plastics applications will dominate the coupling agent market throughout the forecast period. Rubber and plastics applications dominated the coupling agent sector due to the rising usage of green tires. Green tires are in high demand due to the rising desire for fuel efficiency and performance. These tires are made with silica-silane technology and are easy to recycle or dispose of. Furthermore, regions such as North America and Europe have enacted stronger pollution and tire labeling regulations. These guidelines compel tire manufacturers to include the tire's performance parameters on the label.
Application Segment
Automobile makers are concentrating on improving fuel efficiency and road safety. The use of silica silane technology in tire manufacture improves performance. Coupling agents are increasingly being used to lower rolling resistance and increase traction on wet or slick surfaces, depending on OEM specifications. Using coupling agents in silica-reinforced green tires rather than regular tires might increase fuel economy by 5%. It has the potential to save millions of barrels of gasoline each year while simultaneously lowering carbon dioxide emissions. The Environmental Protection Agency (EPA) From 2017 to 2025, Greenhouse Gas (GHG) has forecast the need for a standard, as the industry average of 163 g/mile of CO2 and fleet-wide, this is the same as 54.5 mpg (4.3 L/100km). The European Union (EU) has mandated that carbon dioxide emissions from new automobiles be less than 96 grams per kilometer by 2020.
The EU legislation requires tire producers to label all tire attributes showing energy efficiency in terms of fuel consumption and CO2 emissions, wet grip, and noise emission level beginning in November 2012. The tires will be classified from the lowest to the highest level, beginning with the red G category and progressing to the green category
The Asia-Pacific coupling agent market is dominated by Asia-Pacific because demand for coupling agents is predicted to expand due to the expanding automotive and industrial sectors. It is also attributable to the region's increased need for coupling agents in the rubber and plastics functions from the automobile sector. North America is also predicted to develop significantly due to increased demand for coupling agents from the region's building and construction sectors.
APAC is seeing explosive expansion, with China leading the way. APAC's major economies, such as China, India, and Indonesia, are viewed as attractive markets as a result of their respective governments' increased emphasis on infrastructure development. Many projects in China, such as renewable energy, airports, and residential structures, have received finance over a 12- to 15-year period. Malaysia has attracted a significant amount of foreign direct investment in its building and construction sector as a result of its Economic Transformation Plan 2011-20. As a result, these rapidly rising economies present several potential for APAC industry participants.