Pressure Sensitive Adhesives Market 2018: Trends, Key Vendors Analysis, Import & Export, Revenue by Forecast 2023

11/mag/2018 10:54:33 Market Research Future Contatta l'autore

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Pressure Sensitive Adhesives are non-metallic materials used to bond different materials, mainly to their surface through adhesion and cohesion. Growing use of pressure sensitive adhesives in tapes and labels. The growth in transportation and logistics industries, is the key driver for pressure sensitive labels and tapes. Rising use of lightweight and low-cost engineering plastics in various end-use industries such as automotive, which create the need for pressure sensitive adhesive materials. However, fluctuating of raw materials is the major factor that hinders the market growth.

Global Pressure Sensitive Adhesives Market has been segmented based on technology, product, End-User, and region. On the basis of technology, the market is segmented as water-based, solvent-based, hot melt, and radiation. Water-based dominates the technology segment of the market. Water-based PSAs are widely used in varied applications. The growth of the segment is mainly attributed to the eco-friendly nature of water-based PSAs, safety associated with their use, and cost-effectiveness. The hot melt segment is expected to be the fastest-growing technology segment of the pressure sensitive adhesives market. In hot melts, thermoplastic rubbers are compounded with oils, tackifiers, and antioxidants. Increasing application of hot melt technology in packaging and electronics end use industry, drive the growth of the market.

The Global Pressure Sensitive Adhesives Market is projected to grow at CAGR of 6.1% during the forecast period.

Asia Pacific region dominates the Global Pressure Sensitive Adhesives Market

On the basis of the Regions, the Global Pressure Sensitive Adhesives Market has been segmented as North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific region dominates the global pressure sensitive adhesives market. Rapid growth in the automotive & packaging industry in the Asia Pacific region is the major factor driving the growth of the market. Personal loans have prompted the demand for automobiles in the region. More demand in electrical & electronics industry, also fuels the growth of the market. China, Japan, India, Australia and Indonesia are the major markets in the Asia Pacific region. China accounts for the largest share of the pressure sensitive adhesives in the Asia Pacific region,

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North America is the second largest market for the pressure sensitive adhesives. Stringent regulations regarding VOC emissions along with the fuel efficiency norms, drives the growth of the market in the region. US accounted for the largest market share in North America. Europe is another major market for the pressure sensitive adhesives. It is expected to contribute, significantly, during the forecast period. In the rest of the world, countries such as UAE and Brazil are witnessing the high growth of the market. Also, high investments in construction and automotive sectors.

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The prominent players in the Pressure Sensitive Adhesives Market includes 3M (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US) , The DOW Chemical Company (US), Ashland Inc. (US), HB Fuller Company (US), Henkel AG & Company KGaA (Germany), Collano Adhesives AG (Switzerland), Sika AG (Switzerland), Reflex Labels Ltd. ( UK), Jonson Tapes Limited (India), and Advance Tapes International Limited (UK).

Scope of the Report

This study provides an overview of the Global Pressure Sensitive Market Adhesives, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market for the next six years for each region. The scope of the study The Global Pressure Sensitive Adhesives Market by its technology, product, end-user and region.

By Technology

  • Water-based
  • Solvent-based
  • Hot Melt
  • Radiation

By Product

  • labels
  • Tapes
  • Graphics Films
  • Others

By End-User

  • Packaging
  • Automotive
  • Electrical & Electronics industry
  • Consumer Goods
  • Others

By Region

  • North America
  • Asia Pacific
  • europe
  • Rest of the World

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