Press release
Polysulfide Resin Market Size Projected to Reach USD 269.1 million by 2035: Key Insights and Trends Driving Growth
Polysulfide Resin Market
Building joints, window sealants, expansion joints, and panel joints are in great demand due to the expanding construction and building industries. The usage of polysulfide sealants in the building sector is expected to increase since they provide final goods remarkable flexibility as well as weather resistance. The market for polysulfide resin has expanded as a result. It is anticipated that the expansion of infrastructure-building operations across emerging nations will considerably increase demand for building chemical products like coatings and sealing compounds, driving the growth of the polysulfide resin market.
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The demand for cars and airplanes on a global scale is increasing the use of polysulfide resins. The development of polysulfide resin is also aided by rising investments in framework modernization, such as platform infrastructure as well as internal architecture.
Key Takeaways from the Market Study
- Between 2025 and 2035, the demand for polysulfide resin rose at a modest CAGR of 3.8%.
- Theokoles, or liquid polysulfide elastomers, are expected to lead as the largest product type of polysulfide resin globally, capturing 61.5% market value share by 2025.
- By 2025, in terms of total value, building & construction segment is expected to account for around 44.2% share in polysulfide resin market
- The United States market for polysulfide resin, is predicted to rise by 4.0% annually in 2035.
- Through 2035, United Kingdom demand for polysulfide resin is anticipated to grow at a 3.6% CAGR.
"The demand for both residential and commercial construction has expanded as the population has increased, which in turn is likely to boost the global demand for polysulfide resins," remarks an FMI analyst.
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Competitive Landscape
Prominent market participants for polysulfide resin are concentrating on increasing their production capacity by establishing new manufacturing facilities, particularly in emerging markets.
They are depending on Internet sales and distribution methods to expand their market reach internationally. Top firms are implementing growth methods including acquisition as well as joint ventures with lesser players to maintain their position in the business.
Prominent players in the polysulfide resin market are:
- Nouryon
- Toray Fine Chemicals Co. Ltd.
- JSC Kazan Synthetic Rubber Plant
- Arkema
Some key developments of the leading companies in this market are:
The Russian chemical producer JSC Kazan Synthetic Rubber Plant declared to launch a joint venture in Chirchik in 2022 that will be focused on producing chemicals needed by the footwear sector, like polyurethanes as well as rubber compounds. The demand for components as well as raw materials is high due to the industry's rapid expansion and annual capacity target of 205 million units by the conclusion of the reporting year for footwear.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global polysulfide resin market, providing historical data for 2020 to 2024 and forecast statistics from 2025 to 2035.
To understand opportunities in the polysulfide resin market, the market is segmented on the basis of fiber by product type (theokoles (liquid polysulfide elastomers), solid polysulfide elastomer), and end use (automotive & transportation, building & construction, industrial processing), and across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East and Africa).
Polymers & Plastics: https://www.futuremarketinsights.com/industry-analysis/polymers-and-plastics
Key Segments Profiled In The Polysulfide Resin Market
By Product Type:
- Theokoles (Liquid Polysulfide Elastomers)
- Solid Polysulfide Elastomer
By End Use:
- Automotive & Transportation
- Aerospace
- Automotive
- Marine
- Others
- Building & Construction
- Bridges
- Roads
- Commercial Construction
- Others
- Industrial Processing
- Specialty Chemicals
- Others
By Region:
- North America,
- Latin America,
- Western Europe,
- Eastern Europe,
- South Asia and Pacific,
- East Asia,
- Middle East and Africa
Related Reports:
Industrial Rubber Products Market: https://www.futuremarketinsights.com/reports/industrial-rubber-products-market
Drilling Polymers Market: https://www.futuremarketinsights.com/reports/drilling-polymers-market
Polycarbonate Resins Market: https://www.futuremarketinsights.com/reports/polycarbonate-resins-market
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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