Pressure Sensitive Adhesives Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Resin Type (Rubber, Silicone, Polyurethane, Acrylic, Others), By Technology (Solvent-Based, Water-Based, Others), By Application (Tapes, Labels, Graphic, Others), By End Use (Packaging, Automotive, Healthcare, Construction, Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPressure Sensitive Adhesives Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Resin Type (Rubber, Silicone, Polyurethane, Acrylic, Others), By Technology (Solvent-Based, Water-Based, Others), By Application (Tapes, Labels, Graphic, Others), By End Use (Packaging, Automotive, Healthcare, Construction, Others), By Region and Competition
Global Pressure-Sensitive Adhesives Market is anticipated to grow significantly through 2028. The growing environmental awareness and paradigm shift towards more sustainable and eco-friendly alternatives are expected to spur market growth through 2028. Additionally,
Furthermore, the increasing demand from healthcare, building & construction, and other sectors are the crucial factors that propel the market’s growth. Various companies and research organizations operating in the market also focus on developing eco-friendly adhesives. This, in turn, is expected to create huge prospects for market growth in the coming years.
Demand from Flexible Display Application
Electronic applications such as shock absorption, thermal and electrical conductivity, electromagnetic shielding, and optical property have significantly increased demand for pressure-sensitive adhesives (PSA). The primary component for the optical performance of the display is optically clear adhesives (OCA). A substrate requires key OCA characteristics such as adhesion strength, transmittance, haze, and dependability in addition to dielectric constant, gap filling, and anti-corrosion. OCA is used to attach layers in a display, such as the cover window, touch panel, polarizers, and the light-emitting layer, to ITO (indium tin oxide) film. Therefore, the growth of flexible display applications is proving to be a market booster for the pressure-sensitive adhesives market size.
Increasing demand for Water-Based
Different sectors, including packaging, electrical, electronics & telecommunications, medical & healthcare, and automotive, employ water-based pressure-sensitive adhesives. The growing need for pressure-sensitive tapes, labels, adhesive dots, note pads, and automotive trims has increased market demand in the upcoming years. Moreover, they are gaining popularity in the construction industry across the globe, owing to their convenience, bond strength, and less processing time. Increasing applications in food packaging is one of the major factors contributing to the rising demand for water-based pressure-sensitive adhesives.
Recent Developments
In May 2021, Arkema Group expanded its Bostik portfolio of high-performance bonds in the United States with the planned acquisition of Edge Adhesive Texas, a complementing asset in pressure-sensitive adhesives and hot melt adhesive tape for residential construction.
In Kurkumbh, India, close to Pune, Henkel Adhesives Technologies inaugurated a new production site in February 2020. The facility fills a rising need in Indian sectors for high-performance adhesives, sealants, and surface treatment products. The newest facility, created as an intelligent factory, will aid several Industry 4.0 processes in achieving the highest sustainability requirements.
In June 2019, BASF SE, a global leader in manufacturing raw materials for pressure-sensitive adhesives, doubled its manufacturing capacity of acResin at its Ludwigshafen site in Germany. AcResin is a UV acrylic hot melt, used to manufacture pressure-sensitive adhesives.
At the Label Expo in November 2018, H.B. Fuller launched Swift melt 1908, a new product, in India. The product was made to order to satisfy the particular needs of India and was created to offer excellent adhesion, accurate die-cutting, and clean conversion on the holographic label material.
Market Segmentation
Global Pressure Sensitive Adhesives Market
Company Profiles
3M Co., Henkel AG & Co KGaA, HB Fuller Co., Bostik SA, Cattie Adhesive Solutions, LLC, Ashland Inc., Dyna-Tech Adhesives Inc., Dow Chemical Co Ltd., BASF SE, Exxon Mobil Corp. are some of the key players in the Global Pressure Sensitive Adhesives Market.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022
and 2023-2028 |
|
Report coverage |
Revenue forecast, volume
forecast, company share, competitive landscape, growth factors, and trends |
|
Segments covered |
Resin Type Technology Application End Use |
|
Regional scope |
North America,
Europe, Asia Pacific, South America, Middle East & Africa |
|
Country scope |
United States; Mexico; Canada; France; Germany; United Kingdom;
Italy; Russia; China; India; South Korea; Japan; Indonesia; Vietnam; Australia;
Brazil; Argentina; South Africa; Saudi Arabia; UAE |
|
Key companies profiled |
3M Co., Henkel AG & Co KgaA,
HB Fuller Co., Bostik SA, Cattie Adhesive Solutions, LLC, Ashland Inc.,
Dyna-Tech Adhesives Inc., Dow Chemical Co Ltd., BASF SE, Exxon Mobil Corp. |
|
Customization scope |
10% free report customization with purchase. Addition or alteration
to country, regional & segment scope. |
|
Pricing and purchase
options |
Avail customized
purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request) |
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