PUBLISHER: The Business Research Company | PRODUCT CODE: 1712725
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712725
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 $1.62 billion in 2024 to $1.75 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to demand for sustainable adhesives, advancements in polymer chemistry, stringent environmental regulations, construction industry growth, flexible and durable bonding solutions.
The ms polymers market size is expected to see strong growth in the next few years. It will grow to $2.3 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to consumer preference for low odor products, growth in renewable energy projects, focus on circular economy practices, increasing adoption in healthcare, global efforts for climate change mitigation. Major trends in the forecast period include advancements in formulations, hybrid sealants and adhesives, customization for specific industries, digitalization in manufacturing processes, aftermarket repair and maintenance.
The growth in electric vehicle manufacturing is anticipated to drive the expansion of the MS polymers market in the future. Electric vehicles (EVs) are powered by electric motors that draw energy from rechargeable batteries or fuel cells, rather than traditional combustion engines. Several factors contribute to the rise in EV manufacturing, including government regulations, consumer savings on fuel costs, and heightened environmental concerns. MS polymers are used for bonding and sealing various components, such as battery enclosures, body panels, and interior parts, ensuring structural integrity and protection against moisture and contaminants. For example, in January 2024, a report from Kelley Blue Book, a US-based Cox Automotive company, indicated that in 2023, a record 1.2 million car buyers in the United States opted for electric vehicles, representing 7.6% of the total U.S. vehicle market, an increase from 5.9% in 2022. Thus, the rise in electric vehicle manufacturing is driving demand in 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 March 2022, Kraton Corporation, a US-based polymers company, merged with DL Chemical Co. Ltd. in a deal valued at $2.5 billion. This acquisition is intended to bolster their global presence and promote sustainable innovation in the specialty chemicals market by leveraging their combined resources and capabilities. DL Chemical Co. Ltd., based in South Korea, produces metallocene, polyethylene, and polybutene.
Major companies operating in the ms polymers market include 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 2024, 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 2025 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.
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.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.