The modern-day document posted via Report Ocean, titled “Pressure Sensitive Adhesives Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global pressure sensitive adhesives market was valued at $8,408 million in 2016, and is expected to reach at $12,963 million in 2023, growing at a CAGR of 6.4% from 2017 to 2023. Pressure sensitive adhesives, also referred as self-stick adhesives are materials, which adhere two similar or dissimilar surfaces together through surface contact, when pressure is applied. These adhesives do not need activation by heat, solvent or water to apply holding force on various materials. They are either removable or permanent and have the ability to match wide variety of substrates.
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The increase in demand for commodities and appliances globally have influenced market growth across several countries. Application of pressure sensitive adhesive (PSA) in the manufacturing graphics, label, and others have enabled the market to generate huge profits. Conversely, notable growth in the automobile sector in countries, such as China and India is expected to create greater opportunities in the next five to six years. Fluctuating prices of raw materials and stringent government regulations are major factor expected to limit the market growth. Strong government support for foreign direct investment and less political intervention are factors expected to open new avenues for the pressure sensitive adhesives market.
The report segments the pressure sensitive adhesives market on the basis of composition, type, application, end user, and geography. Based on composition, it is divided into acrylic, rubber, ethylene vinyl acetate (EVA), silicone, polyurethane, and others (polypropylene and polyisobutene). Acrylic segment is further classified into water-based and solvent-based pressure sensitive adhesives. Rubber segment is further divided into natural rubber and synthetic rubber. Based on type, the market is categorized into water based, hot melts, solvent based and radiation based. Water-based segment is further sub-divided into one-component water-based and two-component water-based. Solvent-based pressure sensitive adhesives are further bifurcated into one-component solvent-based and two-component solvent-based and radiation based is further segmented into UV and electron beam. Based on different applications, the market is classified into labels, medical, graphics, tapes, and others (laminations). Medical segment is bifurcated into hygiene products, bandages & tapes, and others (wound dressings and medical devices assembly). According to end-use industry, the market is categorized into automotive, packaging, building & construction, electronics, medical, consumer goods, and others (industrial assembly, footwear, and paper & printing industry). Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
In July 2015, Bostik SA (Arkema) expanded its hot melt pressure sensitive adhesives (HMPSA) production in Bangalore and India to widen its geographical outreach in the emerging markets.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends and estimations from 2016 to 2023 of pressure sensitive adhesives market, which assists to identify the prevailing market opportunities.
Major countries in each region are mapped according to individual market revenue.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
An in-depth analysis of current research and clinical developments within the market is provided with key dynamic factors that highlight the market behavior.
Leading players and their key developments in recent years are listed.
Major players operating in this market include the following:
Avery Dennison Corporation
Arkema Group
The Dow Chemical Company
Henkel AG & Co. KGaA
The 3M Company
H.B. Fuller Company
Sika AG
Collano Adhesives AG
Ashland Inc.
LG Chem Ltd.
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KEY PLAYERS
Adhesives Research Ireland Ltd
Adtek Malaysia Sdn. Bhd.
BASF SE
Cattie Adhesives Solutions, LLC.
Eastman Chemical Company
Ellsworth Adhesives
Evonik Industries AG
Guzzetti SpA
Rayven, Inc.
Royal Adhesives & Sealants, LLC
Savare Specialty Adhesives
Scapa Group PLC
Shin-Etsu Chemical Co., Ltd.
KEY MARKET SEGMENTS
By Composition
Acrylic
Water Based
Solvent Based
Rubber
Natural Rubber
Synthetic Rubber
Ethylene Vinyl Acetate
Silicone
Polyurethane
Others (polypropylene and polyisobutene)
By Type
Water Based
One-Component Water-Based
Two-Component Water-Based
Hot Melts
Solvent Based
One-Component Solvent-Based
Two-Component Solvent-Based
Radiation Based
UV
Electron Beam
By Application
Labels
Medical
Hygiene Products
Bandages & Tapes
Others (Wound Dressings and Medical Devices Assembly)
Graphics
Tapes
Others (Laminations)
By End Use Industry
Automotive
Packaging
Building & Construction
Electronics
Medical
Consumer Goods
Others ( Industrial assembly, Footwear, and Paper & Printing Industry)
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Turkey
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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