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MS Polymer Adhesives Market Set to Reach $6.92 Billion by 2028, Fueled by Versatility and Innovation

06-11-2024 11:03 AM CET | Chemicals & Materials

Press release from: The Business Research Company

MS Polymer Adhesives Market Report

MS Polymer Adhesives Market Report

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 Polymer Adhesives 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 $6.92 billion In 2028 At A CAGR Of 7.6%.

The ms polymer adhesives market size has grown strongly in recent years. It will grow from $4.8 billion in 2023 to $5.17 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to environmental regulations and sustainability, replacing traditional solvent-based adhesives, increased construction activities, automotive industry demand, shifting consumer preferences.

The ms polymer adhesives market size is expected to see strong growth in the next few years. It will grow to $6.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing market penetration and adoption, demand diversification in industrial applications, home improvement and diy segment growth, expanding applications in aerospace and marine sectors, rising consumer awareness and demand. Major trends in the forecast period include demand for customization and innovation, increased consumer awareness and preference, versatility and multi-functionality, shift from solvent-based adhesives, diverse applications in construction..

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MS Polymer Adhesives Market Major Segments
The ms polymer adhesives market covered in this report is segmented -
1) By Type: Adhesives, Sealants
2) By End User: Automotive And Transportation, Building And Construction, Industrial Assembly, Other End Users

Key Driver - Sky-High Solutions Ms Polymer Adhesives Ascend In Aerospace Applications Amidst Soaring Demand

The increasing use of MS polymer adhesives in aerospace applications is expected to propel the growth of the market going forward. Due to the increase in demand for cutting-edge aircraft, which is mostly affected by the entry of new airlines and the expansion of established carriers, the commercial aerospace application has experienced significant demand in recent years. During the forecast period, the demand for MS polymer adhesives in this end-use sector segment is projected to be driven by an increase in air traffic, a desire for fuel-efficient aircraft, the replacement of outdated aircraft, and economic expansion in emerging markets. MS polymer adhesives provide a high-strength bonding in aerospace applications. For instance, according to the International Civil Aviation Organization (ICAO), a specialized agency of the United Nations, the global number of airline passengers is expected to reach 10.5 billion by the year 2040. Therefore, the use of MS polymer adhesives for aerospace applications is expected to drive the growth of the market.

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Prominent Trend - Green Horizon Rising Trend Of Sustainable Ms Polymer Adhesives Shapes Market Dynamics

The growing trend of non-hazardous, green, and sustainable adhesives and sealants in MS polymer adhesives is a key trend gaining popularity in the market. Key players in the MS polymer adhesives are focusing offering non-hazardous, green, and sustainable adhesives to gain a competitive edge in the market. For instance, in August 2022, Toyo-Morton, Ltd., a Japan-based laminating adhesive manufacturer, introduced the ECOAD range of polyurethane solvent-free laminating adhesive systems. It may be laminated without being diluted with an organic solvent, giving users a considerable environmental benefit.

MS Polymer Adhesives Market Players
Major companies operating in the ms polymer adhesives market report are Henkel AG & Co. KGaA, Sika AG, 3M Company., H.B. Fuller India Adhesives Private Limited, Wacker Chemie AG, Tremco Illbruck GmbH, Hermann Otto GmbH, Mapei SPA, Soudal Group, American Sealants Inc., DL CHEMICALS INDIA PRIVATE LIMITED, Forgeway Limited, Kisling AG, Merz Benteli AG, Novachem Corporation Ltd., Permabond LLC, Tech-Masters, Weicon GmbH & Co KG, Weiss Chemie Technik GmbH & Co KG, AGC Chemicals Americas Inc., Arkema SA, Ashland Inc, Avery Dennison Corporation, The Boston Blacking Company, Chemence Medical Inc., DAP Products Inc., Dow Chemical Company, Evonik Industries AG, Franklin International, Hexion Specialty Chemicals Inc, Huntsman Corporation, Illinois Tool Works Inc., ITW Polymers Sealants North America, The Jowat Group, KANEKA CORPORATION, LORD Corporation .

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Largest And Fastest Growing Region In The Market
North America was the largest region in the MS polymer adhesives market in 2023. Asia-Pacific is expected to be the fastest-growing region in the MS polymer adhesives market during the forecast period. The regions covered in the ms polymer adhesives 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 Polymer Adhesives Market Report Structure
3. MS Polymer Adhesives Market Trends And Strategies
4. MS Polymer Adhesives Market - Macro Economic Scenario
5. MS Polymer Adhesives Market Size And Growth
…..
27. MS Polymer Adhesives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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