Pressure Sensitive Adhesives Market Will Generate Record Revenue by 2028

Market Dynamics:

The global pressure sensitive adhesives market is likely to grow with a significant CAGR over the forecast period. Based on major segmentations, the main objective of this report is to analyze, identify, characterize, and evaluate the global market. The study also focuses on supplying the target market with an in-depth competitive environment. In order to estimate the degree of competition in the global market, the study provides comprehensive product portfolios, market competitors, emphasizes their financial positions, growth strategies, and measures their specific competencies and market revenues. In addition, a core aspect of the target market is the former and current industry estimation analysis in terms of value and volume, along with research conclusions.

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Scope of the Global Pressure Sensitive Adhesives Market

The research methodology used to estimate and assessment the global pressure sensitive adhesives market includes the study of industrial data and share details of major market players through secondary sources such as company websites, investor presentations, annual reports, and associations. The bottom-up methodologies was adopted to arrive at the extensive size of the market by assessing the share of major industry competitors.

It is expected that the market will be powered by substantial demand from the packaging industry for pressure-sensitive tapes and labels. In a range of substrates and coatings in the packaging industry, pressure sensitive adhesives (PSAs) are easy to use and have the potential to overcome adhesion challenges. Because of product proliferation and growing competition, packaging requirements are becoming increasingly complex, especially in the food & beverage industry. As PSAs provide the flexibility to satisfy these complex requirements, this will open new avenues for the sector. PSAs are also used in other sectors, such as the automotive industry, where uses are used in the supply chain for protection and warning labels and component recognition labels. In an average vehicle, approximately 1 square meter of label is usually used, with about 10 to 15 percent of the labels being tier pressure and warning labels that are visible to car owners. The remainders of the logos, which remain invisible to the owner of the vehicle, are applied to automobile components. They are used during assembly to indicate the part number and specification of the component.

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Segment Analysis of the Global Pressure Sensitive Adhesives Market

The global pressure-sensitive adhesives market can be segmented on the basis of chemistry, technology, application, end-use industry, and geographical region. On the basis of chemistry, global pressure-sensitive adhesives market can be segmented into Acrylic, Rubber, and EVA. In terms of technology, this market is segmented into Water-Based, Solvent-Based, and Hot Melt. In terms of application, this market divided into Labels, Tapes, and graphics. In terms of end-use industry, this market is segmented into Packaging, Automotive, and Medical.

Geographical Analysis of the Global Pressure Sensitive Adhesives Market

The global pressure-sensitive adhesives market report provides a thorough overview of the industry comprising both qualitative and quantitative data. It provides evaluation and forecast of the global industry based on various segments. It also gives market value and assesses year with respect to key regions such as North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. In 2018, 25.6% of the market share was accounted for by North America. PSAs based on UV/EB technology are expected to grow at a rapid pace in North America with increased corporate focus and government spending on new technologies, innovation, novel materials, and sustainability.

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Competitive Landscape of the Global Pressure Sensitive Adhesives Market

The global pressure sensitive adhesives market report also comprises the profiles of key companies along with their SWOT analysis and various market strategies. The major players covered in the global pressure sensitive adhesives market are Adhesives Research Ireland Ltd, Eastman Chemical Company, Ellsworth Adhesives, Evonik Industries AG, Guzzetti SpA, Rayven, Inc., Adtek Malaysia Sdn. Bhd., BASF SE, Cattie Adhesives Solutions, LLC., Royal Adhesives & Sealants, LLC, and Shin-Etsu Chemical Co., Ltd.

Market Segmentation:

By Chemistry:
• Acrylic
• Rubber
• EVA

By Technology:
• Water-Based
• Solvent-Based
• Hot Melt

By Application:
• Labels
• Tapes
• Graphics

By End-Use Industry:
• Packaging
• Automotive
• Medical

By Region:
• North America
o North America, by Country
 US
 Canada
 Mexico
o North America, by Chemistry
o North America, by Technology
o North America, by Application
o North America, by End-Use Industry
• Western Europe
o Western Europe, by Country
 Germany
 UK
 France
 Italy
 Spain
 The Netherlands
 Rest of Western Europe
o Western Europe, by Type
o Western Europe, by Technology
o Western Europe, by Application
o Western Europe, by End-Use Industry
• Asia Pacific
o Asia Pacific, by Country
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Rest of Asia Pacific
o Asia Pacific, by Type
o Asia Pacific, by Technology
o Asia Pacific, by Application
o Asia Pacific, by End-Use Industry
• Eastern Europe
o Eastern Europe, by Country
 Russia
 Turkey
 Rest of Eastern Europe
o Eastern Europe, by Type
o Eastern Europe, by Technology
o Eastern Europe, by Application
o Eastern Europe, by End-Use Industry
• Middle East
o Middle East, by Country
 UAE
 Saudi Arabia
 Qatar
 Iran
 Rest of Middle East
o Middle East, by Type
o Middle East, by Technology
o Middle East, by Application
o Middle East, by End-Use Industry
• Rest of the World
o Rest of the World, by Country
 South America
 Africa
o Rest of the World, by Type
o Rest of the World, by Technology
o Rest of the World, by Application
o Rest of the World, by End-Use Industry

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