Coupling Agents Market

Coupling Agents Market Outlook

The global sales of Coupling Agents in 2021 was held at US$ 519.4 Million and is projected to reach US$ 812.1 Million by the end of 2032. With 4.2%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth.

Adhesive & Sealants is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 3.9% during 2022 – 2032.

Attributes	Details
Coupling Agents Market CAGR (2022-2032)	3.9%
Coupling Agents Market Size (2022)	US$ 538.9 Mn
Coupling Agents Market Size (2032)	US$ 812.1 Mn
Forecast Period	2022-2032
Historical Data Available for	2017-2021
Key Companies Profiled	Evonik Industries, Shin-Etsu Chemical Co. Ltd., Momentive Performance Materials Holdings LLC, Dowdupont, Wacker Chemie AG Gelest Inc. WD Silicone Company Jingzhou Jianghan Fine Chemical Company Limited Nanjing Union Silicon Chemical Co. Ltd. Nanjing Shuguang Chemical Group Company Limited China National Bluestar (Group) Co, Ltd.

Revenue of Coupling Agents Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032

As per the Coupling Agents Market research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, the value of the Coupling Agents Market increased at around 3.4% CAGR.

New uses of adhesive coupling agents are predicted to open up opportunities for silane coupling agent manufacturers in the pharmaceutical and dental fields. Siegenic agents are typically used in the dentistry business. Adhesion is one of the most essential features in the area of dentistry. Adhesion may be improved by a variety of techniques, the most prevalent of which are chemical and mechanical alterations to the surfaces of dental materials.

Primers or bonding agents comprising coupling agents are used in chemical adhesion. Universal primers which mainly contain organophosphate-based monomers as well as silane coupling agents tend to be the most efficient and widely used unifying agents.

Silanes have another use in dentistry besides enhancing adherence. They were also discovered to help with the mechanical qualities of materials, either by adhesion or as a way to determine a part of dental materials themselves.

The solvent matrix resin, the initiator, the inhibitor, and the base particles (lithium aluminosilicate, silica, or boron silicate) comprise modern dental resin composites. To achieve long-term bonding between the filler particles and the resin matrix, silane coupling agents are used.

Novel silane coupling agents are finding new uses to address long-term resin bond conditions and novel methods for silane coupling agents. This has a cascading effect on the demand for silane coupling agents in the future. Developments in next-generation antibiotics will also heighten the demand for silane coupling agents from pharmaceutical manufacturers.

The coupling agents market was valued at roughly US$ 440.3 Mn in 2017, and it is expected to grow at a rate of around 4.2% from 2022 to 2032. A consistent flow of developments and ongoing launches that green tires are currently vital for the automotive industry along with manufacturers' rapid incorporation of coupling agent applications are due to establish new business growth opportunities for the global sector.

What Factors are Propelling Coupling Agent’s Demand?

Growing demand for coupling agents due to demand for improved fuel efficiency and regulatory compliance is a crucial factor propelling the global coupling agents market ahead. Furthermore, the growing demand for coupling agents as a result of increased use in the automotive and building, and construction industries is expected to fuel the market growth throughout the analysis period.

Emerging coupling agent applications in the pharmaceutical and cosmetics industries may potentially present key development opportunities for coupling agent manufacturers. Throughout the forecast period, however, the global coupling agent market is projected to be restricted by decreased demand for plastic packaging.

Automobile manufacturing businesses are focusing on increasing fuel efficiency and enhancing automotive safety. The implementation of silicone elastomers in tire production makes them more fuel-efficient. OEMs now promote coupling agents to lower rolling resistance and increase traction on wet or slippery surfaces.

Getting silica-reinforced green tires for your automobiles may enhance fuel efficiency by as much as 5%. This will assist save billions of barrels of oil every year. In addition, it will help in reducing greenhouse gas emissions.

The Environmental Protection Agency Greenhouse Gas (GHG) has assessed the need for a benchmark from 2017 to 2025, based on the industry average of 163 g/mile of CO2 and a fleet-wide basis of 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.

Which End-use segment of Coupling Agents has pulled the Growth Trigger in Coupling Agents Market?

The coupling agents market is expected to develop steadily over the next several years as a result of rising demand for these items from a broad variety of end-use industries, and favorable regulations. Increased use of modern materials in a variety of end-use industries, as well as a strong focus on fuel efficiency and road safety in automobiles, assist the industry growth.

Stringent rules and ongoing efforts to improve fuel efficiency are projected to stimulate market demand. According to industry observers, increased public knowledge of the advantages of coupling agents in energy applications such as solar and wind will enhance the market growth in the coming years.

Furthermore, the increasing use of green tires in the automotive sector, product advancements, and increased usage in the pharmaceutical and cosmetic industries are all expected to limit the availability of lucrative opportunities for market players in the near future.

Manufacturers' research and development efforts have resulted in the introduction of advanced coupling agents with improved processing characteristics and higher efficiencies throughout the years. Better shelf stability, filler dispersion, rheology control, fewer mixing operations, and shorter cure periods are among the enhanced features, all of which result in cost savings and increased profitability.

The fact that some of the coupling agents produce minimal amounts of VOC, reduces their environmental effect (volatile organic compounds).

Region-wise Analysis

Which Region is projected to Offer the Largest Opportunity for Coupling Agents Market?

In terms of revenue, the Asia-Pacific market presently accounts for the lion's share of the global coupling agent market. This is due to the region's increasing need for coupling agents in rubber and plastics applications for the automotive industry. The market in North America is expected to grow considerably during the projected period due to the rising demand for coupling agents from the building and construction industries in the region.

The expanding automotive and industrial sectors are expected to drive increasing demand for coupling agents. China dominated the Asia Pacific coupling agent market in 2021. However, throughout the forecast period, the markets in India and China are likely to grow at a faster pace.

Country-wise Analysis

Which Country Lies at the CenterStage for Coupling Agents Market Revenue?

The United States is expected to account for the largest market size of US$ 262.2 Mn by the end of 2032. The surge in demand for products made from glass-reinforced nylon, glass-reinforced polyesters, and recycled plastics in the U.S. has led to the demand spurt for coupling agents in the country.

Category-wise Insights

Which segment is expected to show maximum growth during the forecast period?

Rubber-based and plastic-based coupling agents are expected to see increased demand from green tires in the coming year. Green tires have been growing in popularity in recent years, and their demand is driving the coupling agent market.

Silica-silane technology and narrow-band tire labeling requirements have streamlined the recycling or disposal of tires manufactured using this technology. Additionally, North America and Europe have strengthened trade laws governing tire labeling. These laws require tire manufacturers to provide performance information on their tires' labels.

Among the formulation segment, which state is expected to garner the highest market share?

The liquid category is projected to be the largest revenue driver in the chemical industry throughout the forecast period. It is believed that liquid formulas will continue expanding at the fastest pace. Air bubbles and liquid are removed when two surfaces are chemically joined into a monolayer by powdered agents to form a continuous phase on the surface of filler material. This provides significantly improved adhesion, stability, and corrosion resistance.

Competitive Analysis

The key competitors in the coupling agents market include Shin-Etsu Chemicals and Jingzhou Jianghan Fine Chemical Co. Ltd., WD Silicone Company Limited, Nanjing Union Silicon Chemical Company Limited, Wacker Chemie AG, Evonik Industries AG, DowDuPont Inc., Gelest Inc. As a way to stay one step ahead of the competition and grow their market share, businesses have used a wide range of strategies, such as merging with other businesses and partnering with other businesses.

Some of the recent developments of key Coupling Agents providers are as follows:

• In June 2018, Evonik announced the expansion of its manufacturing capability of precipitated silica in its Turkey-based facility. The company plans to increase the capacity by 40,000 metric tons starting from 2020. The objective of this expansion is to furnish the surging demand for green tires.

Similarly, recent developments related to companies’ offering coupling agents have been tracked by the team at Fact.MR, which are available in the full report.

Market Segments Covered in Coupling Agents Market Analysis

• By Type :

  • Sulfur Silane
  • Vinyl Silane
  • Epoxy Silane
  • Amino Silane
  • Other Types

• By Application :

  • Rubber & Plastics
  • Fiber Treatment
  • Adhesive & Sealants
  • Paints & Coatings
  • Other Applications

• By Region :

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA