Pressure Sensitive Adhesives Market (2017-2023) Avery Dennison Corporation, Arkema Group, The Dow Chemical Company, Henkel AG & Co. KGaA, The 3M Company, H.B. Fuller Company

Global Pressure Sensitive Adhesives Market was valued at $8,408 million in 2016, and is expected to garner $12,963 million by 2023, registering a CAGR of 6.4% during the forecast period 2017 - 2023. Pressure sensitive adhesives are those adhesives, which adhere to different substrates when pressure is applied. The primary bonding mode of pressure sensitive adhesives is based on polar attraction to the surface of a substrate. Several adhesive systems, such as solvent based and hot melt are utilized in manufacturing of pressure sensitive adhesives.

Key leading players operating in this market include 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., and LG Chem Ltd.

The other key market players in the value chain include 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, Savaré Specialty Adhesives, Scapa Group PLC and Shin-Etsu Chemical Co., Ltd.

Get Sample PDF Brochure : https://www.alliedmarketresearch.com/request-sample/911

In solvent-based systems, adhesive ingredients are suspended in solvent while in hot melts, thermoplastic rubbers are compounded with oils, tackifiers, and antioxidants. Pressure sensitive adhesives remain viscous and do not solidify, thus remain permanently tacky and possess the ability to wet surfaces, which come in contact. These adhesives are not true solids and thus their strength decreases with an increase in temperature.

Product innovation and growth in flexible packaging market are the major factors that drive pressure sensitive adhesives market globally. The miniaturization of electronic devices and increase in demand for radio frequency identification (RFID) and luminescent labels in medical industry are other factors, which are expected to supplement the market growth. Asia-Pacific is the leading region in pressure sensitive adhesives market, due to increase in automotive production and rise in focus toward reducing the weight of vehicles. Current product innovations to enhance modulus of elasticity and rigidity is expected to broaden the scope of pressure sensitive adhesives in structural applications. However, fluctuations in prices of raw materials and stringent government regulations regarding volatile organic compounds (VOCs) emission limit the market growth. Increase in use of bio-based pressure sensitive adhesives and advancements in pressure sensitive adhesive tapes are expected to offer huge potential for market expansion.

Pressure Sensitive adhesives market is segmented based on composition, type, application, end user, and geography. On the basis of composition, it is classified into acrylic, rubber, ethylene vinyl acetate (EVA), silicone, polyurethane, and others (polypropylene and polyisobutene). Acrylic segment is further divided into water-based and solvent-based pressure sensitive adhesives. Rubber segment is further bifurcated into natural rubber and synthetic rubber. According to type, it is divided into water based, hot melts, solvent based, and radiation based. Water-based segment is further categorized into one-component water-based and two-component water-based.

Solvent-based pressure sensitive adhesives are further sub-divided into one-component solvent-based and two-component solvent-based and radiation based is further divided into UV and electron beam. On the basis of applications, the market is classified into labels, medical, graphics, tapes, and others (laminations). Medical segment is classified into hygiene products, bandages & tapes, and others (wound dressings and medical devices assembly). Based on end-use industry, the market is classified into automotive, packaging, building & construction, electronics, medical, consumer goods, and others. Others comprise of industrial assembly, footwear and paper & printing industry. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Do Purchase Enquiry at : https://www.alliedmarketresearch.com/purchase-enquiry/911

Rise in global economic growth rate is one of the major factor that drives the growth of flexible packaging market, which assists in pressure sensitive adhesives market expansion.

Key Benefits

• This report provides a quantitative and qualitative analysis of the current market trends and estimations from 2016 to 2023, which assists to identify the prevailing market opportunities in the different application segments.
• Market trends of major countries in each region are mapped according to anticipated market revenue.
• Top investment pockets highlight the opportunities in the most lucrative application segment.
• Focused study of the factors that drive and restrict the growth of pressure sensitive adhesives market is provided.
• An in-depth analysis of different regulations within the market is provided.
• Key manufactures of pressure sensitive adhesives are profiled and their recent developments are listed.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David C
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.