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 hydrauli...