Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "MS Polymer Adhesives Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The latest comprehensive research on the global MS Polymer Adhesives market has been released, providing an extensive assessment of the sector's evolution and influential trends. The report highlights significant industry advances, including the prominent upsurge in demand within the construction industry and cutting-edge developments in eco-friendly adhesive solutions.
According to the report, the MS Polymer Adhesives market is experiencing a robust growth period, with expectations to ascend from 4.8 billion USD in 2023 to 5.17 billion USD in 2024, marking a strong CAGR of 7.6%. The focus has shifted towards sustainable practices, and manufacturers are responding with innovative, green products that adhere to strict environmental standards.
In regions such as North America and Asia-Pacific, the market is swelling, buoyed by the construction sector's needs and the burgeoning aerospace applications, predicting a continuous upward trajectory through to 2028.
The analysis sheds light on the significant role played by MS Polymer Adhesives in industries ranging from automotive to transportation and beyond. With bespoke industry applications and a movement towards versatile and multifunctional adhesives, there is a palpable push for non-hazardous and sustainable adhesives which is shaping the competitive landscape.
Key Market Dynamics:
- The report identifies an increased adoption of environmentally friendly adhesives as a key market trend, emphasizing the industry's commitment to sustainability.
- It notes strategic partnerships and acquisitions as driving forces for innovation and growth among major players.
- Analysis sees new applications in commercial aerospace as a significant market driver, powered by the rise in air traffic and environmentally conscious manufacturing processes.
- The construction industry's swift recovery and growth bode well for the sector's augmentation, underpinned by the high utility and superior performance of MS Polymer Adhesives.
A selection of companies mentioned in this report includes
- 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
- The Boston Blacking Company
- 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
For more information about this report visit https://www.researchandmarkets.com/r/ct3pm7
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