MS Polymers Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

MS Polymers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.13 billion In 2028 At A CAGR Of 7.0% :

The ms polymers market size has grown strongly in recent years. It will grow from $1.5 billion in 2023 to $1.62 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to demand for sustainable adhesives, advancements in polymer chemistry, stringent environmental regulations, construction industry growth, flexible and durable bonding solutions.

The ms polymers market size is expected to see strongly grown in the next few years. It will grow to $2.13 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to consumer preference for low odor products, growth in renewable energy projects, focus on circular economy practices, increasing adoption in healthcare, global efforts for climate change mitigation.. Major trends in the forecast period include advancements in formulations, hybrid sealants and adhesives, customization for specific industries, digitalization in manufacturing processes, aftermarket repair and maintenance.

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MS Polymers Market Major Segments
The ms polymers market covered in this report is segmented -

1) By Type: SMP(Silyl Modified polyether), SPUR(Silyl Terminated Polyurethanes)
2) By Application: Adhesives, Sealant, Coatings
3) By End-Use Industry: Building, Construction, Automotive, Transportation, Industrial Assembly, Electronics

Key Driver - Rising Green Building Standards Propel Growth In Ms Polymers Market

Increasing adoption of green building standards is expected to propel the growth of the MS polymers market going forward. The green building standard is a model code that specifies minimum conditions for improving the environmental and health performance of buildings, sites, and other structures. MS polymers are commonly used in various construction applications, including roofing, flooring, window and door installation, and facade sealing, due to their low VOC emissions, lack of isocyanides, and recyclability. For instance, in October 2022, according to an article published by the US Green Building Council (USGBC), a US-based non-profit organization that promotes sustainability in building design, construction, and operation, over 36,835 projects covering 4.63 billion gross square feet earned LEED (Leadership in Energy and Environmental Design) certification between 2017 and 2021. Further, in the first three quarters of 2022, over 5,000 additional projects were certified where the highest concentration of LEED projects certified is in the United States and Canada (74%), followed by East Asia (9%) and Europe (6%). Therefore, increasing adoption of green building standards is driving the MS polymer market.

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Prominent Trend - Biodegradable Polymer Technology Surges In Ms Polymer Market

Biodegradable polymer technology is a key trend gaining popularity in the MS polymer market. Major companies operating in the MS polymer market are developing innovative and sustainable technologies to strengthen their position in the market. For instance, in February 2023, Kaneka Corporation, a Japan-based chemical manufacturing company, launched Biodegradable Polymer Green Planet, a plant-derived biodegradable polymer developed using polymer synthesis technology with microorganisms using CO2 as a direct raw material. By creating microorganisms that make biodegradable polymers from CO2, the technology aims to realize recycling-oriented bio manufacturing technology that is independent of fossil resources.

MS Polymers Market Players
Major companies operating in the ms polymers market report are 3M Company, Arkema S.A., Evonik Industries AG, H.B. Fuller Company, Henkel AG & Co. KGaA, Kaneka Corporation, Momentive Inc., Sika AG, Wacker Chemie AG, Tremco Illbruck GmbH & Co. Kg, Novachem Corporation, MAPEI S.P.A, Biesterfeld AG, Sames Kremlin, AGC Chemicals Inc., Dow Inc., BASF SE, Huntsman Corporation, Ashland Global Holdings Inc., Avery Dennison Corporation, Chemence Ltd., Chemique Adhesives & Sealants Ltd., Dymax Corporation, Franklin International, Hexion Inc., Jowat SE, Lord Corporation, Permabond LLC, Soudal NV, Showa Denko K.K.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the MS polymers market in 2023, and is expected to be the fastest-growing region in the global MS polymer market during the forecast period. The regions covered in the ms polymers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. MS Polymers Market Report Structure
3. MS Polymers Market Trends And Strategies
4. MS Polymers Market - Macro Economic Scenario
5. MS Polymers Market Size And Growth
…..
27. MS Polymers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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