The global pressure-sensitive adhesive market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). A pressure-sensitive adhesive is a type of non-reactive adhesive that makes a bind with a surface when pressure is applied. Adhesive can be activated without the use of a solvent, water, or heat. Pressure-sensitive adhesives (PSAs) are easy to use and have the ability to tackle adhesion challenges in a variety of substrates and coatings in the packaging industry. One of the major factors for the market growth drivers is the booming e-commerce industry across the globe due to the surging purchasing power of people and their changing preferences. As packaging requirements are becoming increasingly complex, especially in the food and beverages industry, there is an increase in the demand for several new products packaging operations that require a reliable adhesive to meet the increasing complex packaging demands. Pressure-sensitive adhesives are safer than glue sticks and more distinct than traditional tape. Unlike glue sticks, pressure-sensitive adhesives do not require heat during application.
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Scope of the Pressure Sensitive Adhesives Report
The research study analyzes the Pressure Sensitive Adhesives industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Pressure Sensitive Adhesives Market Segmentation:
By Technology
- Waterborne
- Solvent-borne
- Hot-Melt
- Radiation Cured
By Product
- Elastomer
- Acrylic
- Silicon
By End-User
- Packaging
- Electrical and Electronics
- Medical
- Automotive and Transportation
- Others
Some major players in the market include Henkel AG & Company KGAA, 3M Co., and The Dow Chemical Co., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2021, AWA launches Global Pressure-Sensitive Adhesives. Additionally, The Pressure Sensitive Tape Council (PSTC) conducted an event pertaining to the use of PSAs in the building & construction industry in May 2019 in Baltimore.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Pressure Sensitive Adhesives Market Report
- What was the Pressure Sensitive Adhesives Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Pressure Sensitive Adhesives Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Pressure Sensitive Adhesives Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Pressure Sensitive Adhesives market.
- The market share of the Pressure Sensitive Adhesives market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Pressure Sensitive Adhesives market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Pressure Sensitive Adhesives market.
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