Global Pressure Sensitive Adhesives Market was valued at US$ 10.13 Bn in 2019, and is expected to reach US$ 15.76 Bn by 2027, at a CAGR of 5.68 % during forecast period.
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The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding pressure sensitive adhesives market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in pressure sensitive adhesives market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Based on chemistry, acrylic is the largest segment of the pressure sensitive adhesives market, owing to its extensive usage in major applications, namely, labels and tapes. It is widely used in the automotive & transportation and medical & healthcare end-use industries.
Based on the technology, the water-based technology segment is projected to account for the largest share of the pressure sensitive adhesives market in 2017. Water-based pressure sensitive adhesives are widely used in varied end-use industries, owing to their ecofriendly nature, safety associated with their use, and cost-effectiveness. The hot melt technology is the fastest-growing segment of the pressure sensitive adhesives market in terms of value and volume, owing to the increasing applicability of hot melt pressure sensitive adhesives in packaging and electronics, electrical & telecommunication end-use industries.
Based on the application, the Labels is the largest and fastest-growing application segment in the pressure sensitive adhesives market, in terms of both value and volume, owing to the increasing consumption of labels in varied end-use industries, such as medical & healthcare, packaging, and electronics, electrical & telecommunication.
The packaging end-use industry is the largest segment in the pressure sensitive adhesives market, due to the vital role that packaging plays in logistics.
Geographically, The Asia-Pacific region is leading the pressure sensitive adhesives market, followed by North America and Europe. Rapid industrialization and rise in infrastructural developments are factors contributing to the growth of the pressure sensitive adhesives market in the Asia-Pacific region.
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Global Pressure Sensitive Adhesive Market, Chemistry:
• Acrylic
• Rubber
• Silica
• EVA
• Others
Global Pressure Sensitive Adhesive Market, Technology:
• Water-based
• Solvent-based
• Hot Melt
• Radiation
Global Pressure Sensitive Adhesive Market, Application:
• Labels
• Tapes
• Graphics
• Others
Global Pressure Sensitive Adhesive Market, End-User:
• Packaging
• Electronics
• Automotive & Transportation
• Medical & Healthcare
• Others
Global Pressure Sensitive Adhesive Market, by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Global Pressure Sensitive Adhesive Market:
• Henkel AG & Company KGAA
• The DOW Chemical Company
• Ashland Inc.
• Avery Dennison Corporation
• H.B. Fuller
• The 3M Company
• DOW Corning
• Arkema Group
• Sika AG
• Scapa Group PLC
• Additional Companies
• LG Chem
• SABIC
• BASF SE
• Sumitomo Chemicals
• Covestro AG
• Mitsubishi Chemical Holdings Corp.
• LyndollBasell Industries N.V.
• Evonik Industries AG
• Mapei SpA
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Global Pressure Sensitive Adhesives Market – Industry Analysis and Forecast (2020-2027) – By Chemistry, Technology, Application, End User, and Region.
