Global MS Polymer Adhesives Market Size study & Forecast, by Type (Adhesives, Sealants), by End-use Industry (Automotive & Transportation, Building & Construction, Industrial Assembly, Others) and Regional Analysis, 2022-2029
Global MS Polymer Adhesives Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. MS polymer adhesives are synthetic bonding agent that includes polymers that are flexible, stronger, and more impact resistant compared to other adhesives. These adhesives are chemicals that help in binding two or more objects together in applications such as automotive & transportation, building & construction, industrial assembly, and many others. Factors such as increasing demand from the automotive industry and the growing use of hybrid resins in the manufacturing sector are the upsurging market demand around the world.
According to the Statista analysis, the worldwide automotive manufacturing sector made over USD 2.5 billion in sales in 2020, and it is anticipated that this figure increase to almost 2.8 billion by 2022. Therefore, the flourishing development of the automotive industry is exhibiting a positive influence on the growth of the MS Polymer Adhesives Market. In addition, increasing investment in R&D activities, along with rising demand for non-hazardous, green, and sustainable adhesives and sealants are creating lucrative opportunities for market growth across the globe. However, lack of acceptance from end-users and limited market opportunities in developed countries are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global MS Polymer Adhesives Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising demand automotive and aerospace industry, along with the development of the emerging economies such as India and China. Whereas, Europe is expected to grow significantly during the forecast period, owing to factors such as increasing demand from applications such as electronics and biomedical , as well as growing focus on the development of hybrid resins.
Major market players included in this report are:
Henkel AG
Sika AG
Arkema
3M Company
H.B. Fuller
Wacker Chemie AG
Tremco Illbruck GmbH & Co. KG
Hermann Otto GmbH
Mapei S.p.A
Soudal Group
Recent Developments in the Market:
In May 2022, Hempvana declared the introduction of its new Straight 8 which is specially designed for simple and comfortable approach to address bad posture. The product is innovated for the shoulders, lower and middle back, and neck, which aids in perfect alignment and promoting muscle memory to maintain good posture.
In November 2021, Ottobock announced the acquisition of suitX- a US-based company that with the objective of their expertise and products to revolutionize the exoskeleton industry and improves the adoption of exoskeletons, prosthetics, and orthotics globally.
Global MS Polymer Adhesives Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered
Type, End-use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Adhesives
Sealants
By End-use Industry:
Automotive & Transportation
Building & Construction
Industrial Assembly
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Henkel AG
Sika AG
Arkema
3M Company
H.B. Fuller
Wacker Chemie AG
Tremco Illbruck GmbH & Co. KG
Hermann Otto GmbH
Mapei S.p.A
Soudal Group
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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