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Polysulfide Industry Size, Share, Demand, Sales & Growth by 2033

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Polysulfide Industry Size, Share, Demand, Sales & Growth by 2033
Over the projection period, sales in the polysulfide industry are expected to increase at a
CAGR of 3.5%. The market is predicted to be valued at US$ 3 billion in 2023 and US$ 6
billion by 2033.
An emerging trend is the increasing use of polysulfides in the production of fuel-efficient
tires. Polysulfides are used as a coupling agent in the production of silica-reinforced tire
treads which reduces rolling resistance and improves fuel efficiency.
A significant opportunity is the use of polysulfides in the production of biodegradable
plastics. Polysulfides can be used as a cross-linking agent in the production of biodegradable
plastics, which can replace traditional petroleum-based plastics and reduce environmental
impact.
There is a growing demand for polysulfide-based sealants and adhesives in the construction
industry due to their ability to withstand harsh environmental conditions. Polysulfides are
used in the aerospace industry to seal fuel tanks and hydraulic systems due to their resistance
to fuels and chemicals.
Overall, the polysulfide market presents numerous trends and opportunities that can be
capitalized on by manufacturers and businesses looking to expand their offerings in various
industries.
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Key Takeaways from this Market:

As per FMI analysis, the United expected to grow at a CAGR of 3.3% during the
forecast period.

Germany emerged as a significant player in the Polysulfide industry, with a CAGR of
3.3% during the forecast period.

The Thiokol segment is expected to dominate the Polysulfide industry with a market
share of around 60% by the end of 2023.

The automotive & transportation application segment is expected to dominate the
Polysulfide market, capturing a market share of nearly 25% by the end of 2023.
“Increasing demand from the construction industry and rising preference for eco-friendly
products are driving the polysulfide market,” – remarks an analyst at FMI.
How Key Players are revolutionizing the Manufacturing of Polysulfide market?
Leading players in the polysulfide market are revolutionizing the manufacturing process by
adopting advanced technologies and sustainable practices. They are focusing on improving
the efficiency of the production process, reducing energy consumption, and minimizing waste
generation. Companies are also investing heavily in research and development to develop
innovative products that offer superior performance and environmental benefits. They are
collaborating with universities and research institutions to enhance their product portfolio and
stay ahead of the competition. Significant players are also expanding their global presence by
establishing strategic partnerships and acquiring local companies in emerging markets. These
initiatives are enabling them to cater to the growing demand for polysulfide products across
various end-use industries, including construction, aerospace, and automotive.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
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