What Transformation Has the MS Polymer Adhesives Market Undergone?
The ms polymer adhesives market has seen considerable growth due to a variety of factors.
• The market for MS polymer adhesives has seen exponential growth in recent years. The market valuation is set to climb from $5.13 billion in 2024 to $5.51 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.3%. Factors such as environmental norms and sustainability, transition from old solvent-based adhesives, rise in construction activities, demand from the automobile sector, and changes in consumer preferences have contributed to this historic growth.
What Is The Forecast For The MS Polymer Adhesives Market?
The MS Polymer Adhesives market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size of MS polymer adhesives is projected to experience robust expansion. Expected to reach $7.57 billion in 2029, it is set to grow at an annual compound rate (CAGR) of 8.3%.
The predicted growth in this phase can be linked to increased market penetration and acceptance, diversified demand in industrial uses, development in the home enhancement and DIY segment, wider applications in the aerospace and marine industries, and growing consumer knowledge and demand. The forecast period will see trends such as a growing demand for customization and innovation, heightened customer awareness and preference, versatility and multi-functionality, a shift from solvent-based adhesives and varied construction applications.
What Are The Essential Drivers Behind The Growth Of The MS Polymer Adhesives Market?
The boost in the market for MS polymer adhesives is anticipated to be driven by their escalating usage in aerospace applications. The augmenting need for advanced aircraft, primarily influenced by the emergence of new airlines and growth of existing ones, has led to a notable increase in commercial aerospace applications recently. Factors that are likely to fuel the demand for MS polymer adhesives in this section during the predicted period include rising air traffic, a preference for fuel-efficient planes, replacement of old aircraft, and economic progress in newly developing markets. MS polymer adhesives offer superior bonding strength for aerospace use. For example, the International Civil Aviation Organization (ICAO), a United Nations expert agency, projects the total count of airline passengers globally to climb up to 10.5 billion by 2040. Hence, the usage of MS polymer adhesives in aerospace applications is slated to catalyze the market's growth.
How Is The Global MS Polymer Adhesives Market Divided Into Key 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
Subsegments:
1) By Adhesives: Structural Adhesives, Non-Structural Adhesives, General-Purpose Adhesives, Specialty Adhesives
2) By Sealants: Elastic Sealants, Hard Sealants, Acoustic Sealants, Weatherproof Sealants
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What Trends Are Reshaping The Future Of The MS Polymer Adhesives Market?
The increasing popularity of eco-friendly, green, and sustainable adhesives and sealants in the MS polymer adhesives market is a notable emerging trend. Major contributors in the MS polymer adhesives landscape are shifting their focus towards providing non-hazardous, green, and sustainable adhesives in order to secure a competitive advantage. For example, Toyo-Morton, Ltd., a laminate adhesive producer from Japan, launched the ECOAD range of polyurethane solvent-free laminating adhesive systems in August 2022. These can be laminated without the need for dilution by any organic solvent, offering significant environmental advantages to users.
Who Are the Key Players In The MS Polymer Adhesives Market?
Major companies operating in the MS polymer adhesives market include:
• 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
• 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
What Are The Regional Insights Into The MS Polymer Adhesives Market?
North America was the largest region in the MS polymer adhesives market in 2024. 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
