Press release
Pressure Sensitive Adhesives Market to see lucrative gains from automobile industry | By key players The 3M Company, Sika AG, DowDuPont, Inc. (Dow Corning), Wacker Chemie AG
Request a sample of the pressure sensitive adhesives market research report @
https://www.gminsights.com/request-sample/detail/2385
Pressure sensitive adhesives help in permanently fusing dissimilar materials with the resultant bond being extremely strong so that it does not easily fall apart. Subsequently, these products are widely utilized across the packaging sector, used in labels and tapes across healthcare, and electronics industries.
There is a growing need for reliable packaging solutions to ensure the safety of the products, enhance the value, offer shelf-life convenience, provide resistance against moisture, and to provide barrier-protection. Estimates indicate that global pressure sensitive adhesives market size may reach USD 10.5 billion in annual revenues by 2026.
A huge spike in online purchases globally for various product ranges has supplemented the demand tp growth of the pressure sensitive adhesives market, especially during the prevailing COVID-19 pandemic. With the government imposing restrictions on the movement of the people with an aim to control the spread of the disease, more people have resorted to buying goods online due to wider product choices as well as cost-effectiveness.
Reports estimate that the total sales across e-commerce platforms recorded in the U.S. stood at USD 160.3 billion during the first quarter of 2020.
In the year 2018, the U.K. packaging sector recorded an annual sale of USD 13.76 billion, accounting for nearly 3% of the total manufacturing workforce of the country. The increasing demand for the product may be attributed to the robust demands from end-users like food and beverages, personal care, healthcare, household items, and cosmetics.
Pressure sensitive adhesives market growth will be driven by increasing demand for lightweight automobiles
Apart from packaging, the automobile and transportation sector has largely adopted the product due to its favorable properties like compatibility with various substrates, maintenance of integrity during automated processes, help in removing the process of mechanical fastening and drilling. The unprecedented growth in the automobile sector over the past several years has supplemented developments pressure sensitive adhesives market.
PSA tapes are widely used on the body, interior, and exterior trim and under the bonnet of the vehicles. These tapes are also widely used in the achieving lightweight vehicle components in order to reduce the consumption of fuel which in turn helps in reducing carbon emissions.
Request for an in-depth table of contents for the pressure sensitive adhesives market report @
https://www.gminsights.com/toc/detail/pressure-sensitive-adhesives-market
Developing APAC automobile industry
With respect to the regional scope, Asia Pacific pressure sensitive adhesives market has witnessed commendable gains, mainly attributed to the regional economic development over the past several years. Urbanization in APAC countries such as India, Japan, South Korea, and Thailand has amplified the sale of vehicles over time.
The prominence of the regional automotive sector with an the presence of companies such as Toyota, Hyundai, Honda, Maruti Suzuki, Tata Motors, and Kia has furthermore magnified the regional material demand. Reportedly, the total vehicles produced in India in the year 2018 stood at 28.09 million units.
Some of the prominent key players in the pressure sensitive adhesives market include Mapei S.p.A, Bond Tech Industries, Heartland Adhesives LLC, Powerband, Arkema Group, Evonik Industries, and Henkel, among various others.
Related News:
https://www.marketwatch.com/press-release/lithopone-market-size-is-set-to-surpass-usd-235-million-by-2025-2020-06-26
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pressure Sensitive Adhesives Market to see lucrative gains from automobile industry | By key players The 3M Company, Sika AG, DowDuPont, Inc. (Dow Corning), Wacker Chemie AG here
News-ID: 2111889 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Pressure
Pressure measurement via PLC: AMS 2710 pressure sensor module for direct connect …
For pressure measurement in devices with integrated SPS/PLC or other modular control, traditional encapsulated transmitters are often too expensive and too large. OEM sensors for soldering are inexpensive, but in addition to their own circuit board, they require various electronic components for adjusting the input and output voltage levels and protection against polarity reversal and short-circuiting. Small, inexpensive pressure sensor modules such as the AMS 2710 with 12..36 V…
Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that…
Automotive Engine and Transmission Sensors Market Report 2018: Segmentation by P …
Global Automotive Engine and Transmission Sensors market research report provides company profile for NXP Semiconductors, Texas Instruments, Melexis, GE, TE Connectivity, Robert Bosch, Continental, Denso, Delphi, Sensata, Analog Devices, Infineon Technologies and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Digital Pressure Controllers Market Report 2018: Segmentation by Product (Primar …
Global Digital Pressure Controllers market research report provides company profile for MKS Instruments, Const, Dwyer Instruments, Beijing Spake Technology Co., Ltd., Adarsh Industries, Fluke, Mensor (Wika), GE, Additel Corporation and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Differential Pressure Transducer Features Oil-Free, High Line Pressure Design
American Sensor Technologies, Inc. (AST) has released the AST5300 wet/wet differential pressure transducer for use in Explosion-Proof and Non-Incendive areas. Featuring all 316L and Inconel X750 material, the AST5300 is suitable for various liquids and gases requiring high line pressure (1,500 PSI) and low differential pressure (10 PSID) measurements.
One of the biggest benefits to the AST5300 differential pressure transducer is that the sensor is completely free of fluid…
New Product: Winters LLP Pressure Transmitter for Low Pressure
July 25, 2011
Toronto, Ontario - Winters Instruments is pleased to announce the LLP Series Pressure Transmitter, designed specifically for use on applications that produce low pressures up to 25 psi. Featuring a 304 SS housing and 316L SS flexible diaphragm for pressure sensing, the LLP Transmitter is ideal for general industry use, as well as, OEM customers who require a high quality, high accuracy pressure transmitter.
Measuring 4” in height, this…
