Press release
Pressure Sensitive Adhesives Market Size and Forecast: USD 2.48 Bn by 2030
The ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 1.57Bn. in 2023 and the total Pressure Sensitive Adhesives revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 2.48 Bn.๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Pressure Sensitive Adhesives (PSAs) market is a dynamic and growing sector characterized by its versatile adhesive solutions, which are tacky at room temperature and form bonds through a balance of flow and resistance to flow. These adhesives are extensively used across industries such as packaging, automotive, electronics, and healthcare due to their ability to bond various materials like paper, metal, plastics, and ceramics. PSAs are available in forms such as emulsions, solutions, hot melts, and UV-curable systems, catering to diverse application requirements. The rising demand for efficient, flexible, and user-friendly adhesive solutions is fueling the market's expansion, especially in the food packaging and electronics sectors, which prioritize advanced bonding solutions.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/27427/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
One of the key drivers of the Pressure Sensitive Adhesives market is the escalating demand in the packaging industry. The need for efficient, customizable packaging solutions in the food and beverage sector is particularly strong, where PSAs provide versatile bonding for labels, tapes, and protective films. Additionally, the automotive industry's growing reliance on PSAs for safety and warning labels, as well as for lightweight assembly applications, contributes significantly to market growth. Their ease of application and adaptability to various substrates make PSAs an attractive choice for manufacturers.
Another driving force is the growing adoption of PSAs in the healthcare sector. These adhesives are used extensively in medical-grade products such as transdermal drug delivery systems, surgical tapes, and biomedical electrodes. The increasing focus on patient-friendly, biocompatible adhesive solutions aligns with the healthcare industry's demand for innovative materials that enhance functionality and reduce manufacturing costs, further accelerating market momentum.
๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The market is witnessing a growing trend toward the development of water-based PSAs, driven by increasing environmental awareness and regulatory pressures to reduce solvent emissions. These adhesives are gaining traction in industries such as medical, automotive, and packaging due to their low volatile organic compound (VOC) content, excellent bonding properties, and compatibility with sustainable production processes. Their adoption has been particularly significant during the COVID-19 pandemic, as the demand for medical and packaging applications surged globally.
Another significant trend is the rising demand for PSAs in flexible electronics and display applications. Optically clear adhesives (OCAs) are being increasingly used in the assembly of advanced display technologies, such as OLED and touch panels, due to their superior transparency, low haze, and strong adhesion properties. This trend highlights the growing role of PSAs in next-generation consumer electronics and automotive display systems, marking a shift toward high-performance, application-specific adhesive solutions.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/27427
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐
๐๐ข๐๐ญ๐ง๐๐ฆ, ๐๐ก๐๐ข๐ฅ๐๐ง๐, ๐๐ง๐ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ฎ๐ ๐๐จ๐ซ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ
In recent months, major companies from Southeast Asia have made strategic acquisitions to expand their portfolios in the pressure-sensitive adhesives sector. For instance, ๐๐ข๐๐ญ๐ง๐๐ฆ-๐๐๐ฌ๐๐ ๐๐๐๐ก๐ง๐จ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ has acquired ๐๐จ๐ฎ๐ญ๐ก๐๐๐ฌ๐ญ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ in Thailand, aiming to enhance its production capacity and bring innovative PSA solutions to the region. This acquisition positions ๐๐๐๐ก๐ง๐จ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ as a key player to watch, enhancing their foothold in the rapidly growing Southeast Asian market.
๐๐๐ฉ๐๐ง ๐๐ง๐ ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐จ๐ฐ๐๐ซ๐ก๐จ๐ฎ๐ฌ๐ ๐จ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ
Japan and South Korea continue to be powerhouses in the PSA market, with numerous developments enhancing their competitive edge. ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ข๐ฉ๐ฉ๐จ๐ง ๐๐๐ก๐๐ฌ๐ข๐ฏ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has acquired ๐๐๐ง ๐๐ก๐๐ฆ ๐๐จ., ๐๐ญ๐. in South Korea, diversifying its portfolio and increasing its technological capabilities. This merger is expected to streamline the supply chain for both companies, improving product development for industries like automotive and electronics.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐ง๐ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฐ๐ฌ
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐&๐
In Europe, the PSA market is showing strong momentum. Henkel AG & Co. KGaA, a global leader in adhesives, has recently acquired Avery Dennison's European Adhesives Unit to strengthen its position in the automotive and packaging sectors. This acquisition brings advanced PSA technologies under Henkel's umbrella, significantly enhancing its product offerings.
๐๐๐: ๐๐ข๐จ๐ง๐๐๐ซ๐ข๐ง๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
The USA remains a significant market for pressure-sensitive adhesives, with ongoing developments from leading companies. Recently, 3M announced its acquisition of Scotchpak Technologies, a company specializing in high-performance PSAs for medical and consumer applications. This strategic acquisition strengthens 3M's position in the North American market and diversifies its product portfolio for specialized industries.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/27427/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Chemistry
Acrylic
Rubber
Silica
EVA
Others
by Technology
Water-based
Solvent-based
Hot Melt
Radiation
by Application
Labels
Tapes
Graphics
Others
by End-User
Packaging
Electronics
Automotive & Transportation
Medical & Healthcare
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Henkel AG & Co. KGaA
2. 3M
3. Avery Dennison Corp.
4. H.B. Fuller
5. Arkema Group
6. Sika AG
7. RPM International Inc.
8. LINTEC Corp.
9. Illinois Tool Works Inc.
10.Huntsman Corp.
11.DuPont
12.Wacker Chemie AG
13.Berry Global Inc.
14.Pidilite Industries Ltd.
15.Nan Pao Resins Chemical Co., Ltd.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-pressure-sensitive-adhesives-market/27427/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
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LED Video Walls Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
LED Video Walls Market Segmentation - A detailed analysis by Product
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Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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