Pressure Sensitive Adhesives Copmrehensive Industry Players The DOW Chemical Company, 3M, Sika AG, Advance Tapes International Limited, Tesa SE

The global pressure sensitive adhesive market is expected grow substantially and register a healthy CAGR over the forecast period. Some of the protuberant drivers and trends supporting the growth of global pressure sensitive adhesive market are identified as, rapid growth in automotive & packaging industry along with growing packaging, electrical & electronics industry and consumer goods industry.

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Top Manufacturers:

3M (US),
Nitto Denko Corporation (Japan),
Tesa SE (Germany),
Sika AG (Switzerland),
Lintec Corporation (Japan),
Intertape Polymer Group, Inc. (Canada),
Avery Dennison Corporation (US),
The DOW Chemical Company (U.S.),
Ashland Inc. (U.S.),
H.B. Fuller Company (U.S.),
Henkel AG & Company KGaA (Germany),
Collano Adhesives AG (Switzerland),
Reflex Labels Ltd. (U.K.),
Jonson Tapes Limited (India),
Advance Tapes International Limited (U.K.)

Segmentation:

The global pressure sensitive adhesives market, in MRFR’s report, has been analyzed by its many parts in the report which has been segmented on the basis of technology, product, end-user, and region. Technologies involved in pressure sensitive adhesives include water-based, solvent-based, hot melt, and radiation. Product types of pressure sensitive adhesives include graphic films, tapes, labels, and others. The labels segment is expected to dominate the market and grow at the highest CAGR during the forecast period due to the growth of the e-commerce industry which has led to the increasing demand for warehouse and organization solutions. End-users of pressure sensitive adhesives have been segmented into packaging, electrical & electronics, automotive, consumer goods, and others.

The global division of the market has segmented it into regions such as North America, Asia Pacific, Europe, and the Rest of the World.

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Geographical Analysis:

The Asia Pacific market has the lion's share of the global pressure sensitive adhesives market. The region has a significant packaging and automotive industry due to its increasing global positioning as an industrial hub. The region has a high concentration of emerging economies where consumers are witnessing an increase in purchasing power, and there is easy availability of personal loans, EMI schemes and other personal financing options for large purchases, such as automotive. Moreover, the electrical & electronics industry in the region is also witnessing rapid growth. Country-level markets leading growth include China, Japan, India, Australia, and Indonesia. Among these, China has the largest share of the APAC market.

North America accounts for the second largest market due to stringent regulation with regards to VOC emissions along with fuel efficiency norms which drive the demand for pressure sensitive adhesives in industrial applications. Europe is also a significant market while the Rest of the World includes promising country level markets such as the U.A.E and Brazil.

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This release was published on openPR.