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Major players operating in the MS Polymer industry include:
BASF SE and Henkel AG & Co. KGaA are dominant players in the market due to their vast product portfolio. BASF SE’s ecosystem integration, along with consistent innovation, have attracted millions of customers. Their brand recognition and exclusive content deals solidify their leadership in the highly competitive market.
The MS Polymer industry size was USD 5.5 billion in 2022 and is anticipated to register over 6.2% CAGR between 2023 and 2032.
BASF SE, Henkel AG & Co. KGaA, Bostik (Arkema Group), Wacker Chemie AG, Tremco, 3M Company, and H.B. Fuller Company.
The U.S. MS polymers industry generated a revenue of over USD 1.6 billion in 2022 and is expected to grow through 2032 as the product is widely used in automotive manufacturing to reduce weight and improve fuel efficiency.
Construction Sealants segment share was over 35% in 2022 and is projected to grow through 2032 as MS polymers are highly used in joint sealants and waterproofing applications in construction.