Pressure-sensitive adhesives are used in a variety of industries that require sealant but cannot be used to seal tighten the spaces where high pressures are applied. These special types of adhesives react to high temperatures and pressure and form a highly secure seal that is difficult to break. As these adhesives react to both high temperatures and pressure, it can seal cracks, seal and vents and eliminates the need for metal adhesives such as epoxy. This type of seal has many different uses and will not crack, warp, or peel in any situation.
Market Dynamics
Increasing demand from aerospace and automotive industry is a prime factor driving the growth of the pressure-sensitive adhesives market. Moreover, growing technological advancement is another major factor fostering the growth of the market. For instance, in November 2021, DELO developed adhesives that have similar properties as of double-sided adhesive tapes, but it is applied in liquid form.
Contrarily, strict environmental regulations regarding the production of pressure-sensitive tapes is expected to hinder the growth of the market.
Key features of the study:
- This report will provide an in-depth analysis of the global pressure-sensitive adhesives market, and provides market size (US$ Million & Kilotons) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It will elucidate potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global pressure sensitive adhesives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 3M Company, Ashland Inc., Avery Dennison Corporation, BASF SE, Bostik SA, Dow Chemical Company, Ellsworth Adhesives, H.B Fuller Company, Henkel AG & Co. KGaA, and LG Chem
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global pressure sensitive adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pressure sensitive adhesives market.
Detailed Segmentation
- Global Pressure-Sensitive Adhesives Market, By Product Type:
- Water based PSA
- Solvent Based PSA
- Hot Melt PSA
- Radiation Cured PSA
- Global Pressure-Sensitive Adhesives Market, By Application:
- Tapes
- Specialty
- Labels
- Graphics
- Others
- Global Pressure Sensitive Adhesives Market, By Region:
- North America
- Europe
- By Country
- U.K.
- France
- Germany
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- By Country
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- 3M Company*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Ashland, Inc.
- Avery Dennison Corporation
- BASF SE
- Bostik SA
- Dow Chemical Company
- Ellsworth Adhesives
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- LG Chem