NEW
YORK, Aug. 30, 2024 /PRNewswire/ -- Report with
the AI impact on market trends- The global polysulfides market
size is estimated to grow by USD 411.6
million from 2024-2028, according to Technavio. The market
is estimated to grow at a CAGR of 4.11% during the forecast period.
Rise in use in transport industry is driving market
growth, with a trend towards rising focus on
sustainability. However, stringent government regulations
poses a challenge. Key market players include Akzo Nobel NV, Arkema
SA, Chevron Phillips Chemical Co. LLC, Huntsman Corp., Kazan
Synthetic Rubber Plant, Momentive Performance Materials Inc.,
Nouryon, Robinson Brothers Ltd., and Toray Fine Chemicals Co.,
Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
-
|
Segment
Covered
|
Application (Sealant,
Adhesive, and Coating), End-user (Automotive, Aerospace, Marine,
Construction, and Others), and Geography (APAC, North America,
Europe, South America, and Middle East and Africa)
|
Region
Covered
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Akzo Nobel NV, Arkema
SA, Chevron Phillips Chemical Co. LLC, Huntsman Corp., Kazan
Synthetic Rubber Plant, Momentive Performance Materials Inc.,
Nouryon, Robinson Brothers Ltd., and Toray Fine Chemicals Co.,
Ltd.
|
Key Market Trends Fueling Growth
The polysulfides market is experiencing steady growth due to
increasing demand from various industries such as batteries,
lubricants, and coatings. Key players include Wacker Chemicals,
Lanxess, and BASF. Polysulfides are used as electrolytes in
lead-acid batteries and as sulfur sources in hydrotreating
processes. Their excellent chemical stability and high reactivity
make them valuable in these applications. Market size is expected
to expand at a moderate pace in the coming years.
The Polysulfides market is experiencing significant growth due
to the increasing demand for hydrogen polysulfide in various
industries. This chemical compound, made up of sulfur atoms, is
used in the Fenton reaction for
water treatment, making it essential in groundwater purification.
Polysulfides offer tear resistance and dimension stability, making
them ideal for adhesives, sealants, paints, and coatings in
commercial buildings and infrastructure. Two types of polysulfides,
liquid and solid, are used in the transport industry for insulating
materials and protective coatings on metal and concrete. In
industrial processing, polysulfides are used as specialty chemicals
in the production of chalcogenide materials and furfuryl alcohol.
The transport sector, including the locomotive industry, uses
polysulfides for VOC emissions reduction. Polysulfides also play a
crucial role in lithium-sulfur batteries and are used as elastomers
in the automotive and transportation sectors. Polysulfides are also
used in insulating materials, protective coatings, and sealants for
the ship-building industry.
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Market Challenges
- The polysulfides market is growing due to increasing
demand from various industries such as batteries, lubricants, and
coatings. Key players include DuPont, Lanxess, and Asahi Glass. Polysulfides offer benefits like
excellent electrical conductivity and resistance to oxidation.
Their usage in lithium-ion batteries is expanding, driving market
growth. The market is expected to reach significant value by
2026.
- The Polysulfides market encompasses various applications
in industries such as specialty chemicals, building &
construction, protective coatings, lithium-sulfur batteries, and
more. Industrial processing faces challenges in producing
polysulfides due to their complex chemical structure, involving
sulfur atoms and chemical compounds. In sectors like ship-building
and automotive & transportation, liquid polysulfide elastomers
offer impermeability, chemical resistance, and weather resistance
for sealing and coating applications. However, environmental
concerns arise due to VOC emissions. Polysulfides are used in
insulating materials, lime-sulfur, sulfurated potash, insecticides,
and pesticides. In the rubber industry, polysulfide sealants,
adhesives, and elastomers provide high flexibility, tensile
strength, and heat insulation. Polysulfide rubber is used in
industrial tank liners, aircraft fuel tanks, and electrical
potting. Polysulfides also play a role in petrochemical
applications, steel production, and the tanning industry.
Crosslinking through vulcanization enhances their properties,
making them suitable for various industries.
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Segment Overview
This polysulfides market report extensively covers market
segmentation by
- Application
- 1.1 Sealant
- 1.2 Adhesive
- 1.3 Coating
- End-user
- 2.1 Automotive
- 2.2 Aerospace
- 2.3 Marine
- 2.4 Construction
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Sealant- The polysulfides market is experiencing
steady growth due to increasing demand from various industries such
as batteries, lubricants, and coatings. Key players in the market
include DuPont, Lanxess, and Asahi Glass Co. These companies are
focusing on expanding their production capacity to meet the rising
demand. Polysulfides are essential raw materials for manufacturing
sulfuric acid, which is widely used in the production of
fertilizers and other chemicals. The market is expected to continue
growing due to the expanding applications in different sectors.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data ( - ) -
Download a Sample Report
Research Analysis
The Polysulfides market encompasses a range of industrial
processing applications for specialty chemicals derived from sulfur
atoms. These chemicals include both liquid and solid polysulfide
elastomers, which offer superior impermeability, chemical
resistance, and weather resistance. Polysulfides find extensive use
in the building & construction industry for protective
coatings, particularly in glass insulation. In the electrical &
electronics industry, polysulfides are utilized in the production
of chalcogenide materials for various applications. Lithium-sulfur
batteries also rely on polysulfides as essential components. The
tear resistance and dimension stability of polysulfides make them
ideal for use in the transport industry. The production of
polysulfides involves various chemical compounds and processes such
as plasma-mass spectrometry and the Fenton reaction using furfuryl alcohol.
Industrial production activities continue to drive the demand for
these versatile specialty chemicals.
Market Research Overview
Polysulfides are a type of specialty chemicals that consist of
long chains of sulfur atoms. They are widely used in various
industries due to their unique properties, including
impermeability, chemical resistance, weather resistance, high
flexibility, and high tensile strength. In industrial processing,
polysulfides are used as building blocks for the production of
other chemical compounds. They find extensive applications in the
building & construction industry as protective coatings,
insulating materials, and sealants. In the protective coatings
sector, polysulfides are used in the ship-building industry for the
production of liquid polysulfide elastomers and solid polysulfide
elastomers. They are also used in the automotive &
transportation industry for the manufacturing of automotive window
glasses, industrial tank liners, and aircraft fuel tanks.
Polysulfides are also used in the production of lithium-sulfur
batteries, sodium polysulfides, and chalcogenide materials. They
are used in the rubber industry for the production of polysulfide
elastomers, adhesives, and sealants. Polysulfides are also used in
the tanning industry, insecticides, and pesticides. Polysulfides
are known for their tear resistance, dimension stability, and
crosslinking properties. They are used in the production of
one-component and two-component adhesives, sealants, paints, and
coatings for commercial buildings, infrastructure, transport
vehicles, and the locomotive industry. Polysulfides are also used
in petrochemical applications, steel manufacturing, and soil
infertility treatments. Polysulfides are produced through various
methods, including the Fenton
reaction and the use of furfuryl alcohol. They are available in
various forms, including hydrogen polysulfide, sodium polysulfides,
and sulfurated potash. Polysulfides have a wide range of
applications due to their unique properties and versatility.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- End-user
-
- Automotive
- Aerospace
- Marine
- Construction
- Others
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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