The MS Polymers Global Market Report 2023, provides comprehensive information on the MS polymers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/ms-polymers-global-market-report
As per The Business Research Company’s MS Polymers Global Market Report 2023, the global MS polymer market size is expected to grow from $1.39 billion in 2022 to $1.50 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global MS polymer market size is expected to reach $1.98 billion in 2027 at a CAGR of 7.1%.
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Biodegradable polymer technology is a key trend gaining popularity in the MS polymer market. Major companies operating in the MS polymer market are developing innovative and sustainable technologies to strengthen their position in the market. For instance, in February 2023, Kaneka Corporation, a Japan-based chemical manufacturing company, launched Biodegradable Polymer Green Planet, a plant-derived biodegradable polymer developed using polymer synthesis technology with microorganisms using CO2 as a direct raw material. By creating microorganisms that make biodegradable polymers from CO2, the technology aims to realize recycling-oriented bio manufacturing technology that is independent of fossil resources.
The MS polymers market is segmented:
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
Asia-Pacific was the largest region in the MS polymers market in 2022.
The table of contents in TBRC’s MS polymers market report includes:
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