Press release
Pressure Sensitive Adhesives Market size will exhibit growth with around 6% CAGR by 2026 | By key players Arkema Group, Henkel AG & Co. KGaA, Henkel, Evonik, Bostik, HB Fuller, Sika, Dow Dupont, Arkema, Avery Dennison
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/2385
Frontrunners in the industry
Some of the key companies influencing pressure sensitive adhesives market trends are Avery Dennison Corporation, H. B. Fuller, Arkema Group, Henkel AG & Co. KGaA, The 3M Company, Sika AG, DowDuPont, Inc. (Dow Corning), Momentive Performance Materials, Wacker Chemie AG, LG Chem Ltd, Evonik Industries AG, Mapei SpA, Ashland, Inc., Beardow Adams Ltd., Franklin International, Inc., Mactac Performance Adhesive Group, Powerband Industries Pvt. Ltd
According to the latest research report published by Global Market Insights, Inc., pressure sensitive adhesives market is likely to exceed $9.5 billion by 2024.
Pressure sensitive adhesives (PSAs) are easy to apply and handle, which has driven the industry growth. The industry has grown substantially due to the wide-ranging application spectrum of pressure sensitive adhesives, including specialty tapes, packaging tapes, repositionable tapes, permanent labels, peelable labels, direct food contact applications, etc. These labels and tapes are used for aesthetic and safety purposes. Rising cognizance regarding environment conservation and reduction of ecological footprint in packaging sector with the use of bio-based PSAs may escalate pressure sensitive adhesives market share.
Pressure sensitive adhesives industry outlook is likely to gain massive growth opportunities from medical industry. These adhesives are used in the medical industry to assemble medical devices, such as skin sealant, cast boot sole attachment, blood bag assembly, IV tube set, etc. Reports estimate that medical industry will contribute to pressure sensitive adhesives market size with a growth rate of around 5.5% CAGR over 2018-2024.
UV adhesives have found widespread applications in industrial graphics for nameplates, durable labels, graphic overlays, and membrane switches. These adhesives possess high viscosity, which make them screen printable. When exposed to ultra-violet rays, UV adhesives can develop the desired viscoelastic properties. Demand for UV adhesives is constantly rising due to its ecological nature, which is likely to foster pressure sensitive adhesives industry growth.
Request for an in-depth table of contents for this report @
https://www.gminsights.com/toc/detail/pressure-sensitive-adhesives-market
Pressure sensitive adhesives are extensively used in the manufacture of a diverse range of labels, such as peelable labels, permanent labels, high track labels, frost-fix labels, etc. Also, these adhesives have gained considerable adoption in films & laminates application segment. Pressure sensitive adhesives market share from films & laminates applications is expected to accumulate gains at a CAGR of around 4.5% over 2018-2024.
Rubber-based pressure sensitive adhesives have gained massive traction since they are economical, offer good adhesion, are easily available, and use both synthetic and natural rubber for their manufacturing. Natural rubber-based PSAs have low tack and are required to be formulated with tackifiers and plasticizers to gain pressure sensitive properties. Their application involves low stress and temperature.
In Latin America, Mexico and Brazil are key country-specific markets, which are boosting pressure sensitive adhesives market share. Both the countries have been witnessing huge expansion in industrial sector, which has induced high pressure sensitive adhesives industry demand. As per estimates, Latin America pressure sensitive adhesives market is likely to touch $550 million by 2024.
Related News:
https://www.marketwatch.com/press-release/spray-adhesives-market-to-observe-robust-demand-from-footwear-industry-2020-04-27
https://www.marketwatch.com/press-release/lubricants-market-set-to-gain-impetus-from-automotive-sector-2020-06-24
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.
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
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 size will exhibit growth with around 6% CAGR by 2026 | By key players Arkema Group, Henkel AG & Co. KGaA, Henkel, Evonik, Bostik, HB Fuller, Sika, Dow Dupont, Arkema, Avery Dennison here
News-ID: 2122059 • 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
Benefits of Pressure Washing With Cen-Cal Pressure Pros
Fresno, CA - Over time, a property's exterior surfaces will collect debris, causing them to lose their visual appeal. This negative effect will become more and more noticeable over time, eventually causing property owners to seek out the best solution. In most cases, pressure washing [https://www.cencalpressurepros.com/pressure-washing-company-in-fresno-ca/] is the go-to answer to dirty exterior surfaces. Pressure washing uses high-pressure water to disturb and remove debris from these surfaces. This process has…
Ensuring Pressure Washing Safety With D4S Pressure Washing
Tampa, FL - Pressure washing [https://www.d4spressurewashing.com/pressure-washing-company-in-tampa-fl/] is an effective way of restoring a property's exterior surfaces. The process makes them cleaner, and as a result, more visually appealing. However, pressure washing does not come without its fair share of challenges. For instance, pressure washing uses highly pressurized water, and handling this force can cause significant harm or damage if the correct precautions are not taken. Learn what precautions to take…
How Midland Pressure Washing Conquers Pressure Washing Challenges
Leawood, KS - Pressure washing [https://www.midlandpressurewash.com/pressure-washing-company-in-leawood-ks/] does not go the exact same way every single time. In fact, this versatile process is used to clean a variety of different surfaces, and the precise details of pressure washing can be customized to match the job. With some knowledge of the demands of every surface that needs to be cleaned, residential and commercial property owners can harness the power of pressure washing…
Pressure Washing vs. Soft Washing With Riptide Pressure Washing
Wilmington, NC - The exterior surfaces of any property will become dirty over time. When this occurs, the owner of the property may become interested in cleaning them. However, the best way to accomplish this work may not be immediately clear. Should exterior surfaces be pressure washed, or soft washed? And what precisely is the difference between these two options? Riptide Pressure Washing [https://www.riptide-wash.com/] proudly provides pressure washing [https://www.riptide-wash.com/pressure-washing-company-in-wilmington-nc/] and…
DIY Pressure Washing Versus Professional Pressure Washing
West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid…
Precision Under Pressure: Trends in Fluid Pressure Sensors
The Business Research Company recently released a comprehensive report on the Global Fluid Pressure Sensors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the fluid pressure…
