Scope of the Study
MS polymer stands for modified silicone, although it is not entirely silicone-based. It has a polyether backbone with reactive silyl functionality (telechelic). It is widely recognized as the premium choice of base resin for producing sealants, adhesives, coatings. MS polymer’s unique properties enable MS Sealant to deliver outstanding performances for a large variety of markets such as construction, industry, transportation, flooring, waterproofing, DIY and many others, as widely recognized by formulators, applicators, designers and engineers throughout the world.
The market study is being classified by Type (Extrusion Grade and Injection molding Grade), by Application (Bonding, Potting and Others) and major geographies with country level break-up.
Kaneka Corporation (Japan), LG chem (South Korea), Afera (Netherlands), Denka Company Limited (Japan), Chi Mei Corporation (Taiwan), Nippon Steel Corporation (Japan), INEOS Styrolution (Germany), Deltech Polymers (United States) and Arofine Polymers Pvt. Ltd. (India) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Kaneka Corporation, LG chem, and Afera. Research Analyst at AMA predicts that Asian and North America Vendors will contribute to the maximum growth of Global MS Polymer market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global MS Polymer market by Type, Application and Region.
On the basis of geography, the market of MS Polymer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing demand for sealants in the various industries is fuelling the growth of the global MS Polymer market. Sealants have grown in sophistication in recent years as the markets have grown more demanding.
Market Trend
- Rising Demand for Low Viscosity Technology
Restraints
- Presence of Alternative Material like Silicone for Bonding
Opportunities
- Technological Advancement and Development in the MS Polymer
19th December 2019, Kaneka Corporation has completed construction to increase production capacity of Kaneka Biodegradable Polymer PHBH, on schedule at the Takasago Manufacturing Site, and held a construction completion ceremony on December 17th, 2019. With an investment of approximately 2.5 billion yen*1, production capacity was increased to around 5,000 tons per annum, a five-fold increase from before.
Key Target Audience
MS Polymer Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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