Silyl Modified Polymer (MS Polymer) Market: Introduction
MS polymers, also known as silyl modified polymers or silyl terminated polymers, are polymers with a silane group. A silyl modified polymer (MS polymer) usually refers to a hybrid polymer backbone, usually polyurethane or polyether and a silane end group. Formulators can change the backbone polymer in sealants and adhesives utilizing MS polymers to match the specified application, achieving silicone-like performance while avoiding the high silicone cost. MS polymers are widely used to manufacture solvent-free and isocyanate-free sealants and adhesives. Adhesives containing MS polymers offer better adhesion for a variety of substrates. These adhesives and sealants have wide operating temperature ranges and are resistant to ultraviolet (UV) radiation. silyl modified polymer (MS polymer) sealants are used to bond several types of substrates, including metals, wood, fiberglass and plastics. The sealants offer comparatively better cohesion both above and below the waterline.
MS polymers can be tailor-made as per particular applications without compromising on properties such as weatherability, UV radiation stability, hydrophobicity and enhanced mechanical performance. Along with being environment-friendly, MS polymers are odorless and fast curing. Further, silyl modified polymer (MS polymer) based adhesives and sealants can be painted and coated, which offers manufacturers the freedom of design at a comparatively lower cost as compared to silicone-based products.
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Silyl Modified Polymer (MS Polymer) Market: Dynamics
The cost effectiveness of silyl modified polymer (MS polymer) based sealants and adhesives is a key factor contributing to the growth of the market. Although the market is highly dominated by silicone-based products, silyl modified polymers, or MS polymers, are rapidly gaining traction in the market. MS polymers have been garnering attention from manufacturers and formulators alike due to the synergy they offer between silane and polymer materials. Fast curing, immediate paintability and no bubbling during cure are some of the features that contribute to its growing demand. As MS ploymers are solvent-free and isocyanate-free, they are environment-friendly. Thus, given the increasing regulations regarding VOC (Volatile Organic Compound) content, the silyl modified polymer (MS polymer) market is pegged to witness smooth growth throughout the forecast period.
However, currently the global adhesives and sealants market is dominated by silicone based products and silyl modified polymer (MS polymer) holds a comparatively smaller share. The market is expected to gradually gain pace but the adoption rate is quite slow among end users.
A considerable amount of resources are being invested in silyl modified polymer (MS polymer) and hybrid sealants and newly developed products are expected to be commercialized soon. Thus, innovation is estimated to create a high opportunity in the silyl modified polymer (MS polymer) market.
Silyl Modified Polymer (MS Polymer) Market: Segmentation
The silyl modified polymer (MS polymer) market can be segmented on the basis of base polymer, application and end use.
On the basis of base polymer, the silyl modified polymer (MS polymer) market can be segmented into:
On the basis of application, the silyl modified polymer (MS polymer) market can be segmented into:
On the basis of end use, the silyl modified polymer (MS polymer) market can be segmented into:
- General Industrial
Silyl Modified Polymer (MS Polymer) Market: Regional Outlook
From a regional perspective, Asia Pacific is the world’s largest consumer of adhesives and sealants with China and India being the biggest markets in the region. The growing construction and automotive industries in China contribute to the heavy consumption of sealants and adhesives here. Japan is also a potential market for silyl modified polymer (MS polymer) due to the occurrence of frequent earthquakes in the region. South Korea holds a major market share in shipbuilding and will also prove to be a potential market for silyl modified polymer (MS polymer). With this stable demand, the Asia Pacific silyl modified polymer (MS polymer) market is expected to grow at a healthy rate over the forecast period.
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Europe is pegged to be the second largest market for silyl modified polymer (MS polymer) in terms of volume. The Western European silyl modified polymer (MS polymer) market is expected to grow at a mature rate, while the Eastern European silyl modified polymer (MS polymer) market is projected to register a slightly faster pace. The North American sealants and adhesives market is a mature market and the automotive and construction industries in the region have been witnessing modest growth post the 2008–09 recession. Automotive production has increased recently in developed regions and developing regions such as Latin America and the Middle East & Africa are also slated to have promising growth potential. The construction industry in the Middle East is developing and hence, the silyl modified polymer (MS polymer) market will grow at a moderate rate in the coming years.
Silyl Modified Polymer (MS Polymer) Market: Market Participants
Examples of some of the market participants identified in the global silyl modified polymer (MS polymer) market include Gelest, Inc., Evonik Industries AG, Momentive Performance Materials Inc., Wacker Chemie AG, Sika AG, Kaneka Belgium NV, Zettex Europe BV, Permabond Engineering Adhesives Limited and Mohm Chemical Sdn. Bhd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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- Changing market dynamics in the industry
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- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
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