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Global Coupling Agents Market Research Report 2022 Professional Edition

Coupling Agents Market
In: Business

The coupling agent market is expected to grow at a CAGR of 3.5 percent to USD 614.1 million Between 2018 and 202. In 2017, the largest market for coupling agents was Asia Pacific. Between 2018 and 2023, the global market for coupling agents is expected to grow at a CAGR of 3.2 percent, from 134.6 kilotons in 2018 to 156.9 kilotons in 2023.

The market is being driven by increased demand from the automotive and building and construction sectors in developing nations such as China and India. North America and Europe have implemented severe tyre labelling and fuel efficiency rules, which are driving the green tyre business. In addition, the emerging trend of low VOC paints and coatings is shifting the industry’s focus to powder coatings.

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Market Trends

Driver: Growing initiatives on fuel efficiency and regulatory compliance are driving this trend.

Automobile makers are concentrating their efforts on improving fuel efficiency and road safety. The use of silica silane technology in tyre production improves performance. Coupling agents are increasingly being used to lower rolling resistance and improve traction on wet or slick surfaces, depending on OEM requirements. Instead of standard tyres, coupling agents in silica-reinforced green tyres could enhance fuel efficiency by 5%. It has the potential to save millions of barrels of oil each year while simultaneously lowering carbon dioxide emissions.

Restraint: Plastic packaging demand is dwindling.

The packaging business is seeing an increase in demand for environmentally friendly materials like paper and jute. The packaging industry’s demand for plastics is dwindling as a result of this. Paper and glass are preferred by customers over plastics. The most common type of paper packaging that replaces plastic is a multi-layered material that includes metallic foil in addition to the paper. Coupling agents are commonly used in plastic packaging, and their prohibition will have an impact on market growth.

Opportunity: APAC’s economy are rapidly developing.

APAC is seeing rapid expansion, with China leading the way. Due to the growing focus of corresponding governments on infrastructure development, major economies in APAC, such as China, India, and Indonesia, are considered as viable markets. Many projects in China, such as renewable energy, airports, and residential structures, have been funded over a 12- to 15-year period. Malaysia has received a substantial amount of foreign direct investment in its building and construction sector as a result of its Economic Transformation Plan 2011-20. As a result, APAC’s rapidly expanding economies provide a plethora of prospects for industry players.

Challenge: Production costs are high.

Manufacturers must devise methods to reduce production costs, whether via the use of new technology or by lowering the cost of raw materials. To cut costs, extensive R&D and innovation are required. Coupling agents currently have a high switching cost, making them difficult to penetrate in end-use sectors. For example, silica silane technology was around 65 percent more expensive than carbon black in tyre production. As a result, the green tyre made with silica silane technology accounts for roughly 28 to 30 percent of the whole tyre business.

The research report divides the Coupling Agents market into categories in order to anticipate revenue and examine trends in each of the following areas:

Coupling Agents Market, By Type

● Sulphur Silane
● Vinyl Silane
● Amino Silane
● Epoxy Silane
● Others

Coupling Agents Market, By Application

● Rubber & Plastics
● Fiber Treatment
● Paints & Coatings
● Adhesives & Sealants
● Others

Key Market Players

DowDuPont (US), Momentive Performance Materials (US), Evonik Industries (Germany), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), and China National BlueStar (Group) Co., Ltd (China).

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The report responds to critical questions.:

● What are the next trends in the market for Coupling Agents?
● Which market segment has the biggest room for expansion?
● Who are the most important players in this market?
● What are the advantages and disadvantages of new market entrants?

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