New players to venture into the market space to leverage growth opportunities
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global adhesion promoters market in their latest research report. This report also lists three other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global adhesion promoters market is characterized by the presence of various large and small vendors and hence, is fragmented in nature. Even though the market is highly competitive, the key players account for a majority of the market share. Competition between the vendors is likely to intensify during the forecast period owing to advancements in technology and a change in market dynamics. There is abundant opportunity for new entrants to participate in the market as it is in a nascent stage.
According to Ajay Adikari, a lead analyst at Technavio for research on specialty chemicals, “The market space is dominated by a few, prominent vendors have a vast geographical presence with huge production facilities located globally. Industry analysts at Technavio anticipate more players to venture into this market space in the coming years to leverage opportunities for growth.
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Top five vendors in the adhesion promoters analyzers market space
BASF
BASF generates its revenue through five business segment, which include chemicals, performance products, functional materials and solutions, agricultural solutions, and oil and gas. Its end-users include automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries. The company also provides a range of system solutions and services. BASF Battery Technology Investment, BASF Argentina, BASF Coatings, BASF SA, BASF Construction Chemicals Asia Pacific, and BASF AS are some of its key subsidiaries.
Key products: Lupasol polyethylenimine adhesion promoters and Epotal adhesion promoters.
The Dow Chemical Company
The Dow Chemical Company provides clean water solutions, solutions for increasing agricultural productivity, and clean energy generation and conservation solutions. Its portfolio includes specialty chemicals, advanced materials, and agricultural products and services. Its key business segments are agricultural sciences, consumer solutions, infrastructure solutions, performance materials and chemicals, and performance plastics.
Key products: DOW CORNING P5200 and DOW CORNING P5204.
Eastman Chemical Company
Eastman Chemical Company focuses on the production of advanced materials, chemicals, and fibers. It also offers technology-based solutions. It serves in more than 100 countries. The company operates through its four business segments, which include additives and functional products, advanced materials, fibers, and chemical intermediates. The company caters to numerous end-use markets including transportation, building and construction, consumables, industrial and chemical processing, and others.
Key products: Eastman AP 550-1, CP 730-1, CP347W.
Evonik Industries
Evonik Industries engages in the production of polymer materials and intermediates for the rubber and plastics industries. It also produces specialty chemicals for daily need consumer goods, animal nutrition, and healthcare products. The company provides eco-friendly and energy-efficient system solutions for the automotive sector and the paints, coatings, and construction industries.
Key products: Dynasylan AMEO, Dynasylan 1124, TEGO VariPlus products and Dynasylan 1146.
3M
3M engages in the products adhesives, abrasives, laminates, electronic materials, car shampoo, treatment for the interior, car-care products, passive fire protection, medical products, dental and orthodontic products, electronic circuits, and optical films. The company operates globally through sales and marketing offices, international companies, and manufacturing operations in more than 65 countries. The company operates through five major business segments, namely industrial, safety and graphics, healthcare, electronics and energy, and consumer.
Key products: 3M Adhesion Promoter 2262AT, 3M Adhesion Promoter AC-160, 3M Adhesion Promoter AC-132, 3M Adhesion Promoter AC-135, and 3M Adhesion Promoter AC-137.
A more detailed analysis is available in the Technavio report, Global Adhesion Promoters Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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