Press release
Pressure Sensitive Adhesive Tapes Market Consumption Analysis, Business Overview and Upcoming Trends 2032
Pressure Sensitive Adhesive Tapes Market size was valued at USD 60.30 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030.Pressure sensitive adhesives, often known as self-stick adhesives, are compounds that bind two similar or dissimilar surfaces together when pressure is applied. These adhesives do not require heat, solvent, or water activation to deliver holding force to a variety of materials. They can match a wide range of substrates and are either removable or permanent.
PSA tapes are utilised in a variety of applications, with new applications being discovered practically daily. Because of advancements in adhesive technology, cheap cost relative to traditional fastening methods, and convenience of use, the use of pressure sensitive adhesives (PSA) will continue to grow as a solution to joining and fastening. Production growth and an ongoing transition away from mechanical fasteners towards tape in the creation of numerous durable goods and electronics, as well as increased building construction activity, are likely to stimulate market demand for pressure sensitive adhesives (PSA) tapes.
Market Overview
The Pressure Sensitive Adhesives Market is expanding rapidly as a result of increased demand for electronic gadgets as a result of shrinking. Furthermore, the growing demand for light-weight automobiles leads to increased automotive manufacturing, which is the key driver driving market expansion.
Furthermore, the increasing use of sensitive adhesives in tapes and labels, as well as their widespread acceptability due to their versatility, are expected to fuel the market during the estimated period. The implementation of different strict government rules on the emission of volatile organic compounds, as well as the rise in raw material prices, are some of the factors impeding market growth.
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Global Pressure Sensitive Adhesive Tapes Market: Segmentations
Global Pressure Sensitive Adhesive Tapes Market: Major Players
• Nichiban Co., Ltd.
• Intertape Polymer Group, Inc.
• Lohmann GmbH & Co. Kg
• Advance Tapes International
• Nitto Denko Corporation
• Shurtape Technologies, LLC
• Dewal Industries Inc.
• Gergonne - the Adhesive Solution
• Tesa SE
• Adhesives Research, Inc.
• Mactac, LLC
• 3M Company
• Canadian Technical Tape Ltd.
• Berry Plastics Corporation
• Scapa Group PLC
• Avery Dennison Corporation
• Wuhan Huaxia Nanfeng Adhesive Tapes
• American Biltrite Inc.
• Industrias Tuk, S.A. De C.V.
• Lintec Corporation
• Saint-Gobain Performance Plastics
• Ajit Industries
• CCT Tapes
• Adchem Corporation
• Dermamed Coatings Company, LLC
Global Pressure Sensitive Adhesive Tapes Market: By Types
• Polypropylene
• Paper
• PVC
• Others
Global Pressure Sensitive Adhesive Tapes Market: By Applications
• Packaging
• Electrical & Electronics
• Medical & Hygiene
• Construction
• Transportation
• Consumer & Office
• Others
Global Pressure Sensitive Adhesive Tapes Market: Regional Analysis
The countries covered in the regional analysis of the Global Pressure Sensitive Adhesive Tapes market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
The report has helped our clients:
• To describe and forecast the Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the Market for stakeholders by identifying high-growth segments in Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the Market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships
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Frequently Asked Questions About This Report
• How big is the pressure sensitive adhesive tapes market?
• What is the pressure sensitive adhesive tapes market growth?
• Which segment accounted for the largest pressure sensitive adhesive tapes market share?
• Who are the key players in pressure sensitive adhesive tapes market?
• What are the factors driving the pressure sensitive adhesive tapes market?
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