Coupling Agents Market by Type, Application, Region & Forecast to 2023

The coupling agent market is projected to grow from USD 516.6 million in 2018 to reach USD 614.1million by 2023, at a CAGR of 3.5% between 2018 and 2023.The increasing demand for high-performance materials from the automotive, rubber & tire, aerospace & defense industries is one of the major drivers for the coupling agent market.

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The automotive manufacturers are focusing on increasing fuel efficiency and road safety. Depending on the requirements of OEMs, the use of coupling agents is increasing to reduce the rolling resistance and improve the traction on wet or slippery surfaces. The use of coupling agents-silica reinforced green tires instead of traditional tires can improve the fuel efficiency by 5%.The increasing use of plastics, fiber-reinforced plastics/composites, and coupling agent-reinforced tire can meet the fuel standards set by the US federal agencies and the EU. Hence, the coupling agent consumption in plastics, rubber, and fiber treatment is expected to increase significantly by 2023.

The increasing demand for environmental packaging can have adverse effects on the demand for plastic packaging, which will act as a restraining factor for the coupling agent market during the forecast period.

Objectives of the report are as follows:

To define and segment the market for coupling agent.

To provide detailed information regarding the major factors influencing the growth of the coupling agent market (drivers, restraints, opportunities, and challenges). To analyze and forecast the market size in terms of value and volume. To analyze the market segmentation and project the market size, in terms of value and volume, for key regions, such as North America, Europe, APAC, South America, and the Middle East & Africa.

To analyze competitive developments such as new product launches, expansions, mergers & acquisitions, and partnerships & agreements in the market. To strategically profile the key players operating in the market.

Key Target Audience:
• Raw material suppliers
• Coupling agents Manufacturers
• Traders, distributors, and suppliers of coupling agents
• Government & regional agencies, research organizations, and investment research firms

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The break-up of primary interviews is given below:
• By Company Type: Tier 1 – 50%, Tier 2 – 37%, and Others – 13%
• By Designation: C Level – 46%, Director Level – 31%, and Others – 23%
• By Region: North America – 33%, Europe – 28%, Asia Pacific – 22%,South America– 11%, and the Middle East& Africa – 6%

Reasons to Buy Coupling Agents Market Report:
1. The report will help market leaders/new entrants in this market in the following ways:
2. This report segments the coupling agents market comprehensively and provides the closest approximations of market sizes for the overall market and its sub segments across regions.
3. The report will help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
4. This report will help stakeholders understand their competitors better and gain insights to enhance their position in the market. The competitive landscape section includes the new product developments and mergers &acquisitions in the coupling agent market.

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This release was published on openPR.