A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Polysulfides
Market. The
study, titled “Polysulfides
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023”,
is available for sale on the firm’s website.
Polysulfides
are chemical compounds that primarily comprise chains of sulfur
atoms. These compounds exhibit various functional properties due to
which they are chiefly consumed in building & construction,
marine, aerospace, glass insulation, and polymer processing
industries. Polysulfides possess high flexibility, high tensile
strength, impermeability, chemical and weather resistance, and heat
insulation. Hence, they are favorably used in coating and sealing
applications. These sulfur compounds are generally classified as
anionic and organic polysulfides. Anionic polysulfides contain anions
that are hydrogen polysulfide conjugate bases, while organic
polysulfides primarily comprise an alkyl group. Polysulfides are also
available in the form of metallic salts such as sodium sulfide and
sodium hydrosulfide. Additionally, these sulfur compounds are
processed and supplied in the global markets as polysulfide
elastomers and polysulfide sealants, respectively.
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Market Research Report @
Increasing
consumption of polysulfides in downstream markets especially
aerospace, building and construction, and rubber processing are
expected to drive growth of the global polysulfides market by 2023.
Polysulfides are primarily used as a functional chemical for sealing
applications in aerospace and building & construction industries.
They are primarily used in sealing double-pane insulation of glass
windows, construction, adhesives & sealants, fuel tanks, and body
parts in aircraft. Excellent flexibility, resistance to ozone and
flex cracking, and good adhesion are key attributes of polysulfides
due to which they are widely used in building & construction and
aerospace industries. Usage of elastomers in rubber processing is
also likely to boost demand for polysulfides by the end of 2023.
Polysulfides are consumed as crosslinking compounds during
vulcanization of rubber. As crosslinking compounds, polysulfides
facilitate in connecting polymer chains in rubber, thus improving its
rigidity. Furthermore, polysulfide elastomers possess significant
elasticity in comparison with other elastomers and regain their
original structure at a faster pace.
However,
growing environmental concerns regarding VOC emissions of sulfur
compounds is anticipated to dampen growth of the global polysulfides
market. Sulfur compounds pose environmental hazards such as depletion
of ozone, soil infertility, and transportation of polysulfides such
as hydrogen polysulfide in groundwater and marine aerosols.
Nevertheless, other end-users of polysulfides such as marine and
piping industries are projected to provide significant growth
opportunities to the global market by 2023 due to their high
chemical, solvent, and weather-resistant properties.
In
terms of global demand, Asia Pacific is anticipated to witness the
highest growth rate during the forecast period. Development of
infrastructural activities in this region, primarily in China, India,
and Malaysia, is expected to increase consumption of construction
chemicals such as coatings, adhesives, and sealants. This, in turn,
is anticipated to drive the market for polysulfide sealants as they
provide outstanding flexibility and high weather resistance to the
final product. High growth in the marine industry in Asia Pacific is
likely to drive demand for polysulfides. Europe is estimated to hold
the second-largest share of the polysulfides market due to continuous
research and development in aerospace and marine sectors.
Furthermore, demand for insulating materials in the building &
construction sector is projected to provide lucrative market
opportunities for polysulfides by the end of 2023 due to cold
climatic conditions in the region.
Get
accurate market forecast and analysis on the Polysulfides market.
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market@
The
markets in the Middle East & Africa and Latin America are likely
to depict sluggish growth due to steady economic conditions in these
regions. However, the polysulfides market in North America is
anticipated to witness declining growth by the end of 2023 as its
end-user markets have matured.
PPG
Industries Inc., JSC Kazan Synthetic Rubber Plant, Flamemaster
Corporation, and Akzo Nobel N.V. are few of the global producers of
polysulfides.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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