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Pressure Sensitive Adhesives | Emergence of advanced technologies and global industry analysis

Pressure Sensitive Adhesives | Emergence of advanced

Transparency Market Research (TMR) has announced the release of a new research report, titled “Pressure Sensitive Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. TMR states that the global pressure sensitive adhesives market will display a 5.2% CAGR from 2013 to 2019. If the figures hold true, the market, which had a valuation of US$5.58 billion in 2012, will reach US$7.96 billion by 2019.According to the study, rapid expansion of the electronics and automotive sectors is one of the major factors propelling demand for pressure sensitive adhesives. Increasing pressure from regulatory agencies for low emission, light weight, and better mileage in vehicles is accentuating the demand of lightweight devices for automotive applications, most of which utilize pressure sensitive adhesives. Furthermore, miniaturization of electronic devices will propel the demand for pressure sensitive adhesives from the electronics sector.

This 95 page report gives readers a comprehensive overview of the Pressure Sensitive Adhesives market. Browse through 20 data tables and 23 figures to unlock the hidden opportunities in this market@

Additionally, growing demand for labeling and packaging applications, which use pressure sensitive adhesives due to the improvement inventory management and cost-effectiveness of packaging materials they bring about, will support growth of the pressure sensitive adhesives market.However, fluctuating prices of crude oil-based feedstock and regulations in place against volatile organic compounds (VOC), which are synthesized from solvent-based pressure sensitive adhesives, will hinder the market’s growth.Products, applications, and key regional markets are the main criteria on which the global pressure sensitive devices market is divided. By product type, the market is segmented into hot melt, radiation cured, water-based, and solvent-based.

In 2012, water-based pressure sensitive adhesives accounted for the largest share of the market, followed by solvent-based products. Due to discharge of hazardous volatile organic compounds, these products are heavily regulated and are restricted to be used away from populated areas, and thus will lose their strong market share in the coming years.However, hot melt adhesive products are estimated to gain higher application in the construction industry owing to their ease of application and stronger bond strength, thus reducing processing time, state analysts.Radiation-cured pressure adhesives are used in masking tapes that are suitable for sub-zero or extremely high temperatures.

The report states that by application, tapes dominated the market and held more than 40% of the market in 2012. Labeling application of pressure sensitive adhesives is expected to grow at a CAGR of 5.1% between 2013 and 2019. This is mainly due to higher adoption of RFID labels for improved inventory management. RFID labels offer process efficiency and hence account for almost a quarter of overall label sales in the market. Retail labeling is expected to be the fastest growing application segment of the pressures sensitive adhesives market.

Get accurate market forecast and analysis on the Pressure Sensitive Adhesives market. Request a sample to stay abreast on the key trends impacting this market@

Among the regional markets, Asia Pacific registered a share of more than 40% in the global pressure sensitive adhesives market in 2012. North America and Europe, which have mature chemical industries, will not contribute significantly to the growth of the overall market. Strict regulations in place for the chemical industry to develop eco-friendly products will slow the growth of the pressure sensitive adhesives market in these regions.

The report segments the global pressure sensitive adhesives market as:

Pressure Sensitive Adhesives Market – Product Segment Analysis
Hot melt
Radiation cured
Pressure Sensitive Adhesives Market – Application Analysis
Others (Automotive trims, dental adhesives, notepads, etc.)
Pressure Sensitive Adhesives Market - Regional Analysis
North America
Asia Pacific
Rest of the World

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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