Dublin, Nov. 25, 2022 (GLOBE NEWSWIRE) -- The "Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, Silicone), Technology (Water-based, Solvent-based, Hot Melt), Application (Labels, Tapes, Graphics), End-Use Industry (Packaging, Automotive, Healthcare) Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The pressure sensitive adhesives market is projected to grow from USD 13.2 billion in 2022 to USD 16.9 billion by 2027, at a CAGR of 5.1% between 2022 and 2027.
| Report Attribute | Details |
| No. of Pages | 254 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value (USD) in 2022 | $13.2 Billion |
| Forecasted Market Value (USD) by 2027 | $16.9 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
Acrylic is estimated to be the largest chemistry segment of the pressure sensitive adhesives market.
Acrylic resin in pressure sensitive adhesives held the largest market share in 2021 in terms of value. Acrylic PSA is the largest segment, by chemistry, in terms of both value and volume. These PSAs find applications in labels, graphics, and tapes. They are widely used in packaging, automotive, medical, and other end-use industries.
Acrylic PSAs are highly preferred in these industries due to their long shelf-life, environmental resistance, moderate cost, and excellent physical properties, such as resistance to UV radiation, chemicals, and humidity; good tack and peel adhesion; high cohesion and curability; thermal stability; and good shear properties.
Asia Pacific is the forecasted to be the fastest-growing pressure sensitive adhesives market during the forecast period.
Asia Pacific is the largest market for pressure sensitive adhesives, and this dominance is expected to continue during the forecast period. The Asia Pacific has been the most favorable destination for manufacturers of PSA, even during the global economic slowdown.
Environmental and health & safety factors drive the use of PSAs in the electronics, packaging, construction, automotive, and other industries in the region. Water-based, radiation, and hot-melt are environmentally-friendly adhesives and are expected to gradually replace high-VOC solvent-based PSAs in the future, thus propelling the market growth in this region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Pressure Sensitive Adhesives Market
4.2 Pressure Sensitive Adhesives Market, by Chemistry
4.3 Pressure Sensitive Adhesives Market, Developed Vs. Developing Countries
4.4 Pressure Sensitive Adhesives Market in Asia-Pacific, by End-Use Industry and Country
4.5 Pressure Sensitive Adhesives Market, by Key Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Wide Acceptance Owing to Ease-Of-Use and Low Cost of Pressure Sensitive Adhesives Compared to Traditional Fastening Systems
5.2.1.2 Increasing Use of Pressure Sensitive Adhesives in Tapes and Labels
5.2.1.3 High Demand for Pressure Sensitive Adhesives in Asia-Pacific
5.2.2 Restraints
5.2.2.1 Volatility in Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Emergence of Bio-Based Pressure Sensitive Adhesives
5.2.3.2 Advancements in Pressure Sensitive Adhesive Tapes Technology
5.2.4 Challenges
5.2.4.1 Stringent Regulations Reshaping Pressure Sensitive Adhesives Market
5.2.4.2 Substitution by Mechanical Fasteners
5.3 Value Chain Analysis
5.4 Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Buyers
5.4.4 Bargaining Power of Suppliers
5.4.5 Degree of Competition
5.5 Key Stakeholders and Buying Criteria
5.5.1 Key Stakeholders in Buying Process
5.5.2 Buying Criteria
5.6 Macroindicator Analysis
5.6.1 Introduction
5.6.2 Trends and Forecast of GDP
5.6.3 Trends and Forecast of Global Construction Industry
5.6.4 Trends in Automotive Industry
5.7 Pricing Analysis
5.8 Pressure Sensitive Adhesives Ecosystem and Interconnected Markets
5.9 Impact of Trends and Technology Disruptions on Manufacturers of Pressure Sensitive Adhesives
5.10 Trade Analysis
5.11 Regulations
5.11.1 Leed Standards
5.12 Patent Analysis
5.12.1 Methodology
5.12.2 Publication Trends
5.12.3 Legal Status of Patents
5.12.4 Top Jurisdiction
5.12.5 Top Applicants
5.13 Case Study Analysis
5.14 Technology Analysis
5.15 Key Conferences & Events in 2022-2023
5.16 Tariff and Regulatory Landscape
5.16.1 Regulatory Bodies, Government Agencies, and Other Organizations
6 Pressure Sensitive Adhesives Market, by Chemistry
7 Pressure Sensitive Adhesives Market, by Technology
7.1 Introduction
7.2 Water-Based Psa
7.2.1 Automobile Industry in Asia-Pacific to Offer Opportunities for Growth
7.3 Solvent-Based Psa
7.3.1 Ability to Function at High and Low Temperatures Makes Them Sui Table for Use in Numerous Applications
7.4 Hot-Melt Psa
7.4.1 Hot-Melt Pressure Sensitive Adhesives Widely Used in Numerous Applications
7.5 Radiation Psa
7.5.1 High Demand from Automotive, Electronics, and Medical Sectors
8 Pressure Sensitive Adhesives Market, by Application
8.1 Introduction
8.2 Tapes
8.2.1 by Type
8.2.1.1 Specialty Tapes
8.2.1.2 Commodity Psa Tapes
8.2.1.2.1 Masking Tapes
8.2.1.2.2 Packaging Tapes
8.2.1.2.3 Consumer and Office Tapes
8.2.2 by Coating
8.2.2.1 Single-Coated Psa Tapes
8.2.2.2 Double-Coated Psa Tapes
8.2.2.3 Reinforced Psa Tapes
8.2.2.4 Unsupported Psa Tapes
8.3 Labels
8.3.1 Permanent Labels
8.3.2 Peelable Labels
8.3.3 Ultra-Peelable Labels
8.3.4 Freezer or Frost Fix Labels
8.3.5 High Tack Labels
8.3.6 Specialty Labels
8.4 Graphics
8.4.1 Signage
8.4.2 Vehicle Wraps
8.4.3 Emblems and Logos
8.4.4 Floors, Carpets, and Mats
8.4.5 Films
8.5 Other Applications
9 Pressure Sensitive Adhesives Market, by End-Use Industry
9.1 Introduction
9.2 Packaging
9.2.1 Packaging Industry Segment to Dominate Market During Forecast Period
9.3 Electrical, Electronics, and Telecommunication
9.3.1 Wide Use in Electrical Interconnection and Assembly to Drive Growth
9.4 Automotive & Transportation
9.4.1 Infrastructural Investments in Transportation Industry to Provide New Avenues for Growth
9.5 Building & Construction
9.5.1 Demand for Pressure Sensitive Adhesives to Increase in Civil Engineering Sector of Emerging Countries
9.6 Medical & Healthcare
9.6.1 Healthcare Industry in Asia-Pacific to Grow at High Rate
9.6.2 Medical Devices
9.6.3 Skin Contact
9.6.4 Hygiene
9.7 Other Industries
9.7.1 Consumer Goods
9.7.2 Renewable Energy (Solar Energy and Wind Energy)
9.7.3 Industrial Assembly
9.7.4 Paper Industry
10 Pressure Sensitive Adhesives Market, by Region
11 Competitive Landscape
11.1 Overview
11.2 Company Evaluation Matrix: Definitions and Methodology, 2021
11.2.1 Stars
11.2.2 Emerging Leaders
11.2.3 Pervasive
11.2.4 Participants
11.3 Strength of Product Portfolio
11.4 Sme Matrix, 2021
11.4.1 Responsive Companies
11.4.2 Progressive Companies
11.4.3 Starting Blocks
11.4.4 Dynamic Companies
11.5 Market Share Analysis
11.6 Revenue Analysis
11.6.1 Henkel AG & Co. Kgaa
11.6.2 the Dow Chemical Company
11.6.3 Avery Dennison Corporation
11.6.4 H.B. Fuller
11.6.5 3M
11.7 Competitive Benchmarking
11.8 Market Ranking Analysis
11.8.1 Competitive Situation and Trends
12 Company Profiles
12.1 Major Players
12.1.1 Henkel AG & Co. Kgaa
12.1.2 the Dow Chemical Company
12.1.3 Avery Dennison Corporation
12.1.4 H.B. Fuller Company
12.1.5 3M
12.1.6 Arkema
12.1.7 Sika Ag
12.1.8 Scapa Group plc (Swm International)
12.1.9 Wacker Chemie Ag
12.1.10 Illinois Tool Works
12.2 Other Companies
12.2.1 Toyo Ink America LLC
12.2.2 Pidilite Industries
12.2.3 Helmitin Adhesives
12.2.4 Jowat Se
12.2.5 Mapei S.P.A.
12.2.6 Franklin Adhesives & Polymers
12.2.7 Drytac Corporation
12.2.8 Jesons Industries Limited
12.2.9 Adhesives Research, Inc.
12.2.10 Shanghai Jaour Adhesive Products Co. Ltd.
12.2.11 Ester Chemical Industries Pvt. Ltd.
12.2.12 Powerband Industries Pvt. Ltd.
12.2.13 Dyna-Tech Adhesives, Inc.
12.2.14 Cattie Adhesives
12.2.15 Advance Polymer Products
12.2.16 Nan Pao Resins Chemical Co. Ltd.
13 Adjacent and Related Markets
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/fcoe7
Attachment
