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MS Polymer Adhesives Market Size, Share Analysis, Key Trends, Drivers And Forecast To 2033
MS Polymer Adhesives Market Share
As per the report, 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 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%.
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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is projected to be driven by an increase in air traffic, a desire for fuel-efficient aircraft, the replacement of outdated aircraft, and economic expansion in emerging markets.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.
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.
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
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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 .
Contents of the report:
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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