Global Pressure Sensitive Adhesives Market, By Technology (Water Based, Solvent Based, Hot-Melt And UV-Cured), Product (Rubber, Acrylic, Silicon And Others), Application (Tapes, Labels, Graphics, Films And Laminate And Others), End-User (Food And Beverage, Packaging, Electronics And Laminates, Medical And Healthcare, Building And Construction, Automotive And Transportation And Other), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Pressure Sensitive Adhesives Market
Data Bridge Market Research analyses that the Pressure Sensitive Adhesives market will witness a CAGR of 5.8% for the forecast period of 2022-2029. The increasing demand of packaging industries drives the market growth.
A pressure-sensitive adhesive is a type of non-reactive adhesive that makes a bind with a surface when pressure is applied. The adhesive can be activated without the use of a solvent, water, or heat.
Rise in the construction activities in developing countries, exceptional properties possessed by high performance coatings are the major factors influencing the growth of pressure sensitive adhesives market. Furthermore, growing demand for high performance coatings from the end-user industries will accelerate the pressure sensitive adhesives market growth rate.
Also, rise in research and development activities and emerging new markets will provide beneficial opportunities for the pressure sensitive adhesives market growth.
However, high cost of production will hamper the growth of the pressure sensitive adhesives market. Solvent-based adhesives are being phased out to reduce VOC emissions which will challenge the pressure sensitive adhesives market growth rate.
This pressure sensitive adhesives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on pressure sensitive adhesives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pressure Sensitive Adhesives Market Scope and Market Size
Pressure sensitive adhesives market is segmented on the basis of technology, product, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of technology, the pressure sensitive adhesives market is segmented into water based, solvent based, hot-melt, UV-cured.
- On the basis of product, the pressure sensitive adhesives market is segmented into rubber-based, acrylic, silicone and others. All these segments are further sub-segmented into tapes, labels, graphics, films and laminates and others.
- On the basis of application, the pressure sensitive adhesives market is segmented into tapes, labels, graphics, films and laminates.
- On the basis of end-user, the pressure sensitive adhesives market is segmented into food and beverage, packaging, electronics and laminates, medical and healthcare, building and construction, and automotive and transportation and others
Pressure Sensitive Adhesives Market Country Level Analysis
Pressure sensitive adhesives market is segmented on the basis of technology, product, application and end-user.
The countries covered in the pressure sensitive adhesives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Asia-Pacific region is dominating the pressure sensitive adhesives market, owing to rapid industrialization and increased infrastructural advancements, both of which are contributing to the industry's growth.
The country section of the pressure sensitive adhesives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pressure Sensitive Adhesives Market Share Analysis
The pressure sensitive adhesives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pressure sensitive adhesives market.
Some of the major players operating in the pressure sensitive adhesives market report are Evonik Industries AG, Alnor Oil Co Inc, KRATON CORPORATION, BASF SE, Cargill, Incorporated, Eastman Chemical Company, Procter and Gamble, Godrej, PPG Industries, Inc., Emery Oleochemicals, PTT Global Chemical Public Company Limited, Jet-Hot, Inc., ICD High Performance Coatings, SPI Performance Coatings, EverCoat Industries Sdn Bhd., Arkema, Sika AG, Scapa Group PLC, Ashland,. Henkel AG & Company KGA, Sika AG, among others.
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