Silane-modified polyether glue (MS glue) industry has huge room for development, and overseas companies dominate the global market

There are many types of building sealants, and representative products include polyurethane glue (PU glue), silicone glue (SR glue) and silane-modified polyether glue (MS glue). MS glue, also known as silane-modified polyether glue, refers to a single-component or two-component elastic sealant made from MS resin as the base material, adding fillers and various additives. MS glue has the characteristics of strong bonding ability, good weather resistance, excellent coating performance, green environmental protection, and high mildew resistance. It is widely used in construction engineering fields such as sealing, seam repair, bonding, and waterproofing.

MS resin is the core raw material of MS glue and accounts for the main production cost. MS resin, also known as styrene-methyl methacrylate copolymer resin, has excellent performance and has broad application prospects in many fields. In recent years, benefiting from the improvement of independent research and development capabilities of local enterprises and the increasingly strong market demand, the output and quality of MS resin in my country have continued to improve. However, there is still a certain gap compared with overseas developed countries, which has brought certain challenges to the development of my country’s MS glue industry.

MS glue is widely used in construction engineering fields such as sealing, patching, bonding and waterproofing. With the large-scale construction of urban high-rise buildings, the construction sealant industry is gradually developing in the direction of high performance. MS adhesive has the advantages of green environmental protection, good aesthetics, and strong bonding ability, and has broad application prospects in the field of urban high-rise buildings. However, at present, my country’s MS glue market accounts for a low proportion, and PU glue, SR glue, etc. are still the mainstream of the construction sealant market.

According to the “2023-2028 China Silane Modified Polyether Glue (MS Glue) Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center 》shows that benefiting from the growth in market demand, the development space of the MS glue industry continues to expand. The global MS glue market size will reach 156.16 billion yuan in 2022, a year-on-year increase of 3.1%. In terms of the local market, my country’s demand for MS glue only accounts for less than 5% of the total global demand. There is huge room for development in the industry. In the future, as my country’s independent research and development capabilities for high-performance MS glue increase, its application scope is expected to be further expanded.

For a long time, the global MS glue market has been dominated by Japan and European and American countries, with Japan accounting for nearly 50% of the global market. Japan’s Asahi Glass Co., Ltd. (AGC) and Japan’s Kaneka Chemical Industry Co., Ltd. (KANEKA) are the world’s leading MS glue companies. Kaneka MS POLYMER® sealant launched by Kaneka is widely used in construction, industry and electronic and electrical fields, with sales volume A global leader. Major players in my country’s MS glue market include Kailong Chemical, Shangfeng New Materials, Shengqun New Materials, Lida Chemicals, etc.

Industry analysts said that MS glue has broad application prospects in the field of construction engineering. As the development of downstream industries accelerates, its market size will expand further. At present, my country’s MS glue market accounts for a low proportion and the number of related companies is small. Foreign-funded companies occupy a dominant position in my country’s high-end market. Local companies urgently need to increase investment in research and development to increase my country’s high-performance MS glue production capacity and output.