MS Polymers Global Market Report 2024

Description

MS polymer, also known as modified silicone, represents a category of adhesive and sealant technology utilizing a silyl-functionalized polymer as its primary component. These polymers possess a distinctive molecular structure enabling them to crosslink with moisture present in the air. This interaction results in the formation of a robust and long-lasting bond with diverse substrates.

The main types of MS polymers are SMP (Silyl Modified polyether) and SPUR (Silyl Terminated Polyurethanes), which are used for several applications, including adhesives, sealants, and coatings. These are used in several end-use industries, including building, construction, automotive, transportation, industrial assembly, and electronics.

The MS polymers market research report is one of a series of new reports from The Business Research Company that provides MS polymers market statistics, including MS polymers industry global market size, regional shares, competitors with a MS polymers market share, detailed MS polymers market segments, market trends and opportunities, and any further data you may need to thrive in the MS polymers industry. This MS polymers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

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%. Historical growth in MS polymer or modified silicone usage can be attributed to several factors, including the increasing demand for sustainable adhesive solutions, advancements in polymer chemistry, the implementation of stringent environmental regulations, growth within the construction industry, and the need for 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%. Anticipated growth in the forecast period for MS polymer or modified silicone aligns with several key factors. This includes the consumer preference for low odor products, the expansion of renewable energy projects, a heightened focus on circular economy practices, the increasing adoption of these materials in healthcare applications, and global initiatives aimed at mitigating climate change.

The burgeoning adoption of green building standards stands as a significant driver propelling the MS polymers market. MS polymers, lauded for their low VOC emissions and recyclability, find extensive use in construction applications. Notably, the US Green Building Council reported LEED certifications for over 36,835 projects covering 4.63 billion square feet from 2017 to 2021. With an additional 5,000 projects certified in the first three quarters of 2022, the prevalence of LEED projects, especially in the United States, Canada, East Asia, and Europe, underscores the pivotal role of green building standards in advancing the MS polymer market.

The thriving road transportation industry emerges as another key factor propelling the MS polymer market. MS polymers play a crucial role in various facets of this sector, including concrete joint sealing and panel bonding in vehicles. Statistics from the American Trucking Association underline the industry's robustness, with US gross freight revenues reaching $940.8 billion in 2022, constituting 80.7% of the nation's freight bill. With an estimated 11.46 billion tons of freight transported by trucks in 2021, coupled with extensive truck travel distances, the indispensability of MS polymers in this industry signifies their role in market growth.

Innovations in biodegradable polymer technology are reshaping the MS polymer market landscape. In February 2023, Companies like Kaneka Corporation are pioneering plant-derived biodegradable polymers synthesized using CO2, aiming for recycling-oriented bio manufacturing technology independent of fossil resources. The shift toward sustainable manufacturing aligns with market demands for environmentally friendly solutions.

Companies are focusing on novel product development, exemplified by innovations like two-part MS polymer adhesives. In June 2023, SABA Adhesives & Sealants introduced Sabatack 950 Boost, a single-sausage adhesive eliminating separate mixing. This time-saving adhesive with precise mixing ratios boasts resistance to moisture, UV rays, and chemicals, ensuring durable bonding across diverse materials like wood, concrete, metal, and plastics.

In May 2021, Arkema, a European-based multinational manufacturer of specialty materials, acquired Agiplast for an undisclosed amount. Through this acquisition, Arkema intends to become a fully integrated producer of high-performance polymers by providing both bio-based and recycled products. This strategic move will enable the company to address challenges related to resource scarcity and end-of-life products, thereby enhancing its sustainability profile and contributing to a circular economy. Agiplast is a Europe-based polymer compounding and regeneration company.

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.

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 countries covered in the ms polymers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The MS polymer market consists of sales of elastomeric sealant or adhesive, elastomeric tile sealant or adhesive, wood or vinyl flooring adhesive, metal or roofing waterproofing, multipurpose sealant or adhesive, and liquid-applied air barrier or liquid flashing. Values in this market are ''factory gate'' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

MS Polymers Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ms polymers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for ms polymers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ms polymers market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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
Companies Mentioned: 3M Company; Arkema S.A.; Evonik Industries AG; H.B. Fuller Company; Henkel AG & Co. KGaA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r13245

1. Executive Summary

2. MS Polymers Market Characteristics

3. MS Polymers Market Trends And Strategies

4. MS Polymers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global MS Polymers Market Size and Growth

5.1. Global MS Polymers Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global MS Polymers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global MS Polymers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. MS Polymers Market Segmentation

6.1. Global MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
SMP(Silyl Modified polyether)
SPUR(Silyl Terminated Polyurethanes)
6.2. Global MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Adhesives
Sealant
Coatings
6.3. Global MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Building
Construction
Automotive
Transportation
Industrial Assembly
Electronics

7. MS Polymers Market Regional And Country Analysis

7.1. Global MS Polymers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global MS Polymers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific MS Polymers Market

8.1. Asia-Pacific MS Polymers Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China MS Polymers Market

9.1. China MS Polymers Market Overview
9.2. China MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India MS Polymers Market

10.1. India MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan MS Polymers Market

11.1. Japan MS Polymers Market Overview
11.2. Japan MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia MS Polymers Market

12.1. Australia MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia MS Polymers Market

13.1. Indonesia MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea MS Polymers Market

14.1. South Korea MS Polymers Market Overview
14.2. South Korea MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe MS Polymers Market

15.1. Western Europe MS Polymers Market Overview
15.2. Western Europe MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK MS Polymers Market

16.1. UK MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany MS Polymers Market

17.1. Germany MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France MS Polymers Market

18.1. France MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy MS Polymers Market

19.1. Italy MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain MS Polymers Market

20.1. Spain MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe MS Polymers Market

21.1. Eastern Europe MS Polymers Market Overview
21.2. Eastern Europe MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia MS Polymers Market

22.1. Russia MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America MS Polymers Market

23.1. North America MS Polymers Market Overview
23.2. North America MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA MS Polymers Market

24.1. USA MS Polymers Market Overview
24.2. USA MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada MS Polymers Market

25.1. Canada MS Polymers Market Overview
25.2. Canada MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America MS Polymers Market

26.1. South America MS Polymers Market Overview
26.2. South America MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil MS Polymers Market

27.1. Brazil MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East MS Polymers Market

28.1. Middle East MS Polymers Market Overview
28.2. Middle East MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa MS Polymers Market

29.1. Africa MS Polymers Market Overview
29.2. Africa MS Polymers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa MS Polymers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa MS Polymers Market, Segmentation By End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. MS Polymers Market Competitive Landscape And Company Profiles

30.1. MS Polymers Market Competitive Landscape
30.2. MS Polymers Market Company Profiles
- 30.2.1. 3M Company
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Arkema S.A.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Evonik Industries AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. H.B. Fuller Company
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Henkel AG & Co. KGaA
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global MS Polymers Market Competitive Benchmarking

32. Global MS Polymers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The MS Polymers Market

34. MS Polymers Market Future Outlook and Potential Analysis

34.1 MS Polymers Market In 2028 - Countries Offering Most New Opportunities
34.2 MS Polymers Market In 2028 - Segments Offering Most New Opportunities
34.3 MS Polymers Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer