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New Applications in Dentistry To Boost Coupling Agents Sales to Reach US$ 812.1 Mn by 2032
Fact.MR's recent study published on the global coupling agents market provide detailed insights into prominent factors favoring the growth between 2022 and 2032. It offers a detailed quantitative and qualitative analysis on the current market trends. The survey also offers uncovers demand outlook for coupling agents in the market in terms of type and application.
NEW YORK , June 15, 2022 /PRNewswire/ -- The global coupling agents market is estimated to create an incremental opportunity of around US$ 293 Mn through 2032, projecting growth at a CAGR of 4.2% during the forecast period 2022-2032. The sales of coupling agents are expected to reach US$ 538 Mn by 2022.
In the past few years, sales of automotive vehicles is increasing across the world, favored by growing per capita income and introduction of novel automobiles with advanced technologies and features.
For instance, according to a study by the India Brand Equity Foundation (IBEF), sales of passenger cars increased to 3.08 Mn in 2021, exhibiting a growth of 26.6%, as compared to the 2.43 Mn units sold in the year 2020. Since coupling agents are extensively used in the manufacturing of various automotive components, rising sales of automobiles are expected to spur demand in the market.
As per Fact.MR, sales of coupling agents are estimated to exceed US$ 812.1 Mn by the end of 2032, in comparison to the US$ 519.4 Mn registered in 2021.
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Due to the growing introduction of novel coupling agents, they are finding new applications across dental and pharmaceutical sectors as adhesives for alterations of mechanical and chemical surfaces of dental materials. This is anticipated to create new growth prospects for the coupling agents market.
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Leading players in the global coupling agents market are emphasizing on introducing novel products to enhance their product portfolio. Also, others players are aiming at expanding their production capacity and entering into collaboration of strengthen their footprint in the market.
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More Valuable Insights on Coupling Agents Market
In its recent study, Fact.MR reveals factors influencing the growth in the global coupling agents market during the assessment period. The study also offers compelling insights into prominent drivers creating growth opportunities in the coupling agents market through detailed segmentation as follows:
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