#Pressure Sensitive Adhesives Market Analysis

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An essential component for the optical performance of the display was the use of optically clear adhesives (OCA). In addition to basic OCA characteristics like adhesion strength, transmittance, haze, and dependability, a substrate must have the dielectric constant, gap filling, and anticorrosion.

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Pressure Sensitive Adhesives Market: The Impact of Sustainability Trends on Market Growth

Pressure-sensitive adhesives (PSAs) are a type of adhesive that bonds two surfaces together when pressure is applied. They are non-vulcanizing adhesives, meaning that they do not require heat or a curing agent to set. PSAs are used in a wide variety of applications, including labels, tapes, medical devices, and packaging.

Key Drivers

The key drivers of the pressure-sensitive adhesives market include:

Increasing demand for packaging: PSAs are widely used in the packaging industry for labels, tapes, and other packaging materials. The growing demand for packaged goods is driving the demand for PSAs.

Rising disposable incomes: The rising disposable incomes of consumers is leading to increased demand for consumer goods, such as personal care products, electronics, and home appliances. PSAs are used in a variety of consumer goods, and the increasing demand for these goods is driving the demand for PSAs.

Growing healthcare industry: The growing healthcare industry is driving the demand for PSAs used in medical devices and surgical tapes.

Technological advancements: Technological advancements in the PSA industry are leading to the development of new and improved PSAs with better performance characteristics. This is driving the demand for PSAs in various applications.

Market Segmentation The global pressure-sensitive adhesives market is segmented by type, technology, application, and region.

By type:

Acrylic Rubber Silicone Others

By technology:

Solvent-borne Water-borne Hot melt UV-curable

By application:

Packaging Consumer goods Healthcare Transportation Others

By region:

North America Europe Asia Pacific Latin America Middle East and Africa

Competitive Landscape

The global pressure-sensitive adhesives market is highly competitive, with a number of major players operating in the market. The key players in the market include:

3M Henkel Avery Dennison H.B. Fuller Sika Dow Bostik Ashland Wacker Chemie National Starch Arkema

These players are focused on developing new and improved PSAs, expanding their product portfolios, and entering new markets.

Trends

The key trends in the pressure-sensitive adhesives market include:

Increasing demand for sustainable PSAs: There is a growing demand for sustainable PSAs that are made from renewable resources and have a low environmental impact.

Development of pressure-sensitive adhesives for new applications: PSAs are being developed for new applications, such as wearable devices and electric vehicles.

Growth of the e-commerce market: The growth of the e-commerce market is driving the demand for PSAs used in packaging and shipping.

Conclusion

The global pressure-sensitive adhesives market is expected to grow steadily in the coming years, driven by the increasing demand for PSAs in various industries. The key players in the market are focused on developing new and improved PSAs, expanding their product portfolios, and entering new markets.

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A Deep Dive into the Pressure Sensitive Adhesive Tapes Market

The global pressure sensitive adhesive tapes market size is expected to reach USD 92.45 billion by 2030. This growth can be attributed to the increasing use of pressure-sensitive tapes as an optimum alternative to conventional adhesives and fasteners due to the globally rising concerns from the automotive industry to ensure light weighting.

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A surge in the global population coupled with expeditious industrialization and urbanization in the transpiring economies is expected to fuel the construction spending to cater to the demand from the infrastructure sector. This is anticipated to propel the demand for pressure sensitive adhesive tapes in construction applications during the forecast period.

These include specialty tapes used in various applications such as automobile, aerospace, medical, hygiene, and white goods. The raw materials involved in manufacturing this kind of tape include rubber, acrylic, silicone, plastic, and paper. Pressure sensitive adhesive tapes possess various desirable properties such as thinner and lighter material, vibration dampening, noise reduction, and bonding dissimilar surfaces.

Automobile manufacturers are looking for ways to reduce vehicle weight to meet stringent fuel efficiency standards. The use of steel, aluminum, and composites in auto parts bring new bonding challenge for manufacturers. The bonding of these dissimilar materials requires high modulus and a wide temperature range, along with high strength and final curing. Additionally, these tapes are easy to use, hence reducing the effectiveness of traditional bonding methods such as welds and rivets in the vehicle.

There is an increase in demand for pressure sensitive adhesive tapes from the automotive industry for sealing and bonding roof trims and cladding, covering mirror mounting and assembling holes, and carrying out interior placement and enhancement in automobiles. They are also used in electric vehicle batteries owing to their excellent electrical resistance. Pressure sensitive adhesive tapes help improve the speed of the automobile, along with offering better performance in assembly lines than other fastening alternatives.

Pressure sensitive adhesive tapes are more efficient to lower the costs involved when compared to alternative fastening methods. In addition, they are more customizable and require no special tools or any heat, water, and solvent to activate their adherence. Pressure sensitive adhesive sheets allow original equipment manufacturers (OEMs) and automotive converters to manufacture a slimmer vehicle with better long-term reliability. Compared to conventional fasteners, screws, and other components, pressure sensitive adhesive tapes offer good cohesive strength, the ability to be manipulated by hand, wetting, and bond strength that increases with time.

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Global Amorphous Polyolefin Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2030

Amorphous poly-alpha-olefins (APAO/APO) are produced by (co-) polymerisation of α-olefins, e.g. propylene or 1-butene with Ziegler-Natta catalysts. The (co-)polymers have an amorphous structure which makes them useful for the production of hot melt adhesives. According to our (Global Info Research) latest study, the global Amorphous Polyolefin market size was valued at USD 476.4 million in 2022 and is forecast to a readjusted size of USD 600 million by 2025 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Currently, there are five major suppliers, such as Evonik, Eastman, REXtac, Liaoyang Liaohua Qida Chemicals and Hangzhou Hangao. Evonik is world largest player with about 41% market shares. This report is a detailed and comprehensive analysis for global Amorphous Polyolefin market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Sample Plan: https://www.reportsintellect.com/sample-request/2911767 Key Features: Global Amorphous Polyolefin market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2030 Global Amorphous Polyolefin market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2030 Global Amorphous Polyolefin market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2030 Global Amorphous Polyolefin market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2025

Inquire Request: https://www.reportsintellect.com/discount-request/2911767 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Amorphous Polyolefin To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Amorphous Polyolefin market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Evonik, Eastman, REXtac, Liaoyang Liaohua Qida Chemicals and Hangzhou Hangao. etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Amorphous Polyolefin market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Propylene Homopolymer Copolymer of Propylene and Ethylene Propylene Homopolymer and Ethylene Copolymer Others Market segment by Application Hot Melt Adhesive and Pressure Sensitive Adhesive Bitumen Modification Polymer Modification Others Major players covered Evonik Eastman REXtac Liaoyang Liaohua Qida Chemicals Hangzhou Hangao Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Pressure Sensitive Adhesives Market-Industry Forecast, 2024–2030.

Pressure Sensitive Adhesives Market Overview

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The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.

Impact of Covid-19

The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.

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Report Coverage

The: “Pressure Sensitive Adhesives Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.

By Formulation: Water-based, Solvent-based, Hot Melt, Others

By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others

By Application: Tapes, Labels, Graphics, and Others

By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

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Key Takeaways

Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia.

Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.

Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.

Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.

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Pressure Sensitive Adhesives Market Segment Analysis- By Resin Type

Acrylic resin held the largest share in the pressure sensitive adhesives market in 2020. Acrylic PSAs are widely employed in a variety of applications due to the saturated nature of the polymer and its subsequent oxidation resistance. Also, the acrylic PSAs have good physical properties in general for a wide range of long-term exterior applications. Owing to its attractive properties such as non-flammable, easy to handle, low level of contamination, little tendency to migrate, good resistance to sunlight, oxygen and heat, and offer adhesion, cohesion and tack, the demand for acrylic resins is anticipated to rise. With the increasing demand for acrylic resin, the market for pressure sensitive adhesives will also increase, which will further drive the market growth in the forecast period.

Pressure Sensitive Adhesives Market Segment Analysis- By Application

Tapes held the largest share in the pressure sensitive adhesives market in 2020. Rising demand for tapes owing to its low cost and ease of use when compared to traditional methods is estimated to uplift the growth of the market. Due to the advantageous properties of pressure sensitive adhesives tapes such as reduced assembly time, vibration dampening and noise reduction eliminates the need for surface refinishing, and others has raised the demand for these tapes in various end use industries. Moreover, pressure sensitive adhesive tapes do not require the use of a water, solvent, or heat to activate. The amount of pressure used to apply the adhesive to the surface has a direct impact on the bond. Rising demand for polypropylene tapes owing to its flexibility and strength, and good low temperature characteristics will further drive the market growth. Thus, rising demand and production for pressure sensitive adhesives tapes is estimated to drive the pressure sensitive adhesives market growth over the forecast period.

Pressure Sensitive Adhesives Market Segment Analysis- By End Use Industry

The packaging sector held the largest share in the pressure sensitive adhesives market in 2020 and is projected to grow at a CAGR of 6% during the forecast period 2021–2026. There are two types of packaging namely flexible and rigid, pressure sensitive adhesives (PSAs) are used in these packaging depending on the application’s suitability. These adhesives are used in the packaging of electronics and electrical devices, hygiene and medical packaging, drug delivery packaging, construction sector transit packaging, automotive-related logistics packaging, and consumer and industrial goods packaging, among others. Furthermore, the increasing use of packaging tapes such as polypropylene tapes in a variety of applications including packaging transport, cartons, goods, warehousing, and logistics is estimated to uplift the market growth. PSAs are used in packaging sectors to improve consumer appeal through graphics. Therefore, the pressure sensitive adhesives market is estimated to see an upsurge over the forecast period with the growing packaging industry.

Pressure Sensitive Adhesives Market Segment Analysis– By Geography

The Asia Pacific region held the largest share of more than 39% in the pressure sensitive adhesives market in 2020. Globally, the region’s growth in the market is mainly due to strong economic growth and heavy investments in the packaging, construction, automotive, and electronic industries. Also, the rising adoption of various resins such as polyisobutene, silicone polymers, and elastomers in emerging economies has uplifted the market growth. APAC is increasing in importance as a worldwide trade and business hub. The market for pressure sensitive adhesives is expected to rise as government investments in many medical and electronic projects increase in countries such as China, India, Japan, and South Korea. The Union Cabinet authorized the production-linked incentive (PLI) plan in ten critical industries (including electronics and white products) on November 11, 2020, in order to strengthen India’s manufacturing capabilities, increase exports, and promote the “Atmanirbhar Bharat” program as per the India Brand Equity Foundation. Thus, such initiatives taken by the government for new projects will raise the demand for pressure sensitive adhesives market in the forecast period.

Pressure Sensitive Adhesives Market Drivers

Increasing Demand for Bio-based Pressure Sensitive Adhesives

Plant-derived resources are used as a raw material in bio-based PSAs. The biomass content of a bio-based material used in an adhesive product is expressed as a percentage (dry weight basis). Also, the bio-based PSAs are considered “carbon neutral” because their plant-derived raw materials absorb the same amount of CO2 during production as they emit when incinerated at the end of product life. Additionally, there is no overall increase in greenhouse gases that can cause global warming, resulting in significantly lower CO2 emissions when compared to traditional, purely petroleum-based formulations. Furthermore, most of the raw materials used for conventional PSAs are derived from fossil fuels, which are limited in supply. Bio-based PSAs can help reduce the demand for petroleum sources by replacing them with renewable plant-based materials. Thus, due to the above mentioned factors the demand for bio-based PSAs is predicted to rise, which would further drive the growth of the pressure sensitive adhesives in the projected period.

Rising Demand from the Electronics Industry will Lead Towards the Growth of the Market

For shock absorption, thermal and electrical conductivity, electromagnetic shielding, and optical characteristics, among other factors, pressure-sensitive adhesives (PSA) are increasingly being utilized in the electronics industry. Because of its high transparency, weather resilience, heat resistance, and adhesion strength, acrylic and synthetic rubber PSA composed of hydrogenated hydrocarbon resin is widely used in the display, mobile phones, and automotive applications. PSA also provides higher processability than liquid-type adhesives since it can stick to three-dimensional substrates without the need for a hardening process. With the development of new innovative products the market for pressure sensitive adhesives is estimated to rise. For instance, in 2020 DELO has developed adhesives that has similar properties to (double-sided) adhesive tapes but is applied in liquid form and that can be extensively used in the electronic applications such as smartphone speakers or display frames. Growing demand of pressure sensitive adhesives in the electronics industry is therefore expected to drive market growth during the forecast era.

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Pressure Sensitive Adhesives Market Challenges

Low Adhesive Strength will Hamper the Market Growth

The main challenges faced by the pressure sensitive adhesives (PSAs) are that the adhesive strength (shear and peel) is low and that it is generally sensitive to high temperatures and solvents. As a result, most pressure sensitive adhesives are unsuitable for high strength or structural applications. They are frequently used with substrates that are relatively weak, such as paper or film. Pressure sensitive adhesives are also unsuitable for rough surfaces and are relatively costly in terms of cost per bond area. Thus, due to the above mentioned properties the market growth for pressure sensitive adhesives (PSAs) is estimated to face challenges in the upcoming years.

Pressure Sensitive Adhesives Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the pressure sensitive adhesives market. Major players in the pressure sensitive adhesives market are Henkel AG & Company KGAA, Arkema Group, The Dow Chemical Company, H.B. Fuller, Avery Dennison Corporation, Sika AG, 3M Company, Scapa Group, and Ashland Inc., among others.

Acquisitions/Technology Launches

In May 2021, with the planned acquisition of Edge Adhesives Texas, a complementary asset in pressure sensitive adhesives and hot-melt adhesive tapes for residential construction, Arkema Group increased its Bostik offering of high performance adhesives in the United States.

Key Market Players:

The Top 5 companies in the Pressure Sensitive Adhesives Market are:

Henkel AG & Co., KGaA.

Arkema Group

Dow Chemical Company

H.B. Fuller

Sika AG

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Hot Melt Adhesives

Global Hot Melt Adhesives Market Overview

The global market for hot melt adhesives (HMAs) was valued at over USD 9.3 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period, presenting significant revenue opportunities for industry stakeholders.

Key Market Drivers

Hot melt adhesives are gaining traction across various industries due to their low emissions of volatile organic compounds (VOCs) and superior shelf life compared to solvent-based adhesives. This sector is outpacing the growth of the broader chemical industry, driven by the rising demand for high-performance solutions in heavy industries. As competition intensifies, manufacturers are prioritizing product innovation and patent acquisitions to solidify their market presence.

Innovations and Developments

Leading companies are implementing strategic initiatives to enhance revenue and brand visibility. Notably, in 2015, Eastman Chemical Company introduced Aerafin Polymer A, a new polyolefin specifically designed for hot melt adhesives. Jowat also launched a polyurethane (PUR) hot melt adhesive tailored for window profile wrapping. The focus on patenting innovations has been evident since 2010, with Bostik, Inc. receiving a patent in 2013 for a high-styrene SBS hot melt adhesive, while H.B. Fuller patented a hot melt pressure-sensitive adhesive incorporating vegetable wax. This trend is expected to persist throughout the forecast period (2018-2028).

Market Segmentation

By Product Type:

Ethylene-Vinyl Acetate (EVA)

Polyolefins

Styrene Block Copolymers (SBC)

Polyurethane (PUR)

Hot Melt Pressure Sensitive Adhesives

Others

By Application:

Packaging

Electronics

Automotive

Hygiene Products

Construction

Furniture

Textiles

Others

Market Analysis by Product

The polyolefin-based hot melt adhesives segment is anticipated to achieve the fastest growth, with a CAGR of 6.1% during the forecast period. These adhesives are known for their excellent bonding capabilities and rapid setting speed, making them essential across various industries. The rise of smart factories is expected to further boost the demand for polyolefin-based HMAs.

Application Insights

Packaging is the leading application for hot melt adhesives, accounting for 24% of the global market share in 2019. With the packaging industry valued at USD 550 billion and experiencing rapid growth, this segment presents vast opportunities for hot melt adhesive manufacturers.

Regional Market Dynamics

Asia Pacific dominated the market, holding an estimated 45% share in 2019, with China being the largest contributor. Many leading companies have established production facilities in China due to lower manufacturing costs and supportive government policies. Additionally, China is recognized as the world's largest market for packaging and consumer electronics, driving substantial demand for HMAs. The Chinese hot melt adhesives market was valued at over USD 2.1 billion in 2019, with packaging accounting for 27% of this revenue.

The competitive landscape in China features over 210 active suppliers, predominantly small-scale firms operating on a contract basis. Key players such as Henkel, Tex Year Fine Chemical, Bostik, and H.B. Fuller continue to lead the high-end market due to robust supply chains and a strong focus on product innovation.

In mature markets like Europe and North America, companies are leveraging inorganic growth strategies. In Western Europe, the UK, Germany, and France are projected to hold a combined market share of 69% in the hot melt adhesive sector.

Competitive Landscape

To maintain a competitive edge and maximize returns on investment (ROI), industry participants are prioritizing product innovation.

Key Players in the Hot Melt Adhesives Market:

Adhesive Technologies, Inc.

Worthen Industries Inc.

American Chemical, Inc.

3M

Jowat SE

Evans Adhesive Corporation Ltd.

Avery Dennison Corporation

Tex Year Industries Inc.

Bostik Inc.

Capital Adhesives & Packaging Corp.

LORD Corporation

Costchem srl

Daubert Chemical Company, Inc.

Ashland Global Holdings Inc.

Dow Corning Corporation

Alfa International Corporation

H.B. Fuller Company

Henkel AG & Co. KGaA

Sika AG

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Global Low VOC Adhesives Market Overview : Size, Share, and Future Trends Forecast

Global Low VOC Adhesives Market Industry ,Trends & Analysis

The Low VOC Adhesives Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.

According to Straits Research, the global Low VOC Adhesives Market market size was valued at USD 51.96 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 87.71 Billion by 2031, growing at a CAGR of 5.99% during the forecast period (2023–2031).

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Global Low VOC Adhesives Market Segmental Analysis

As a result of the Low VOC Adhesives market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Technology

Water-Based

Hot Melt

Pressure Sensitive

Reactive

By Resin

Polyvinyl Acetate

Acrylic

Polyurethane

Ethylene-Vinyl Acetate

Epoxy

Styrenic Block Copolymer

Others

By End-User

Paper and Packaging

Building and Construction

Furniture

Automotive and Transportation

Leather and Footwear

Consumer and DIY

Medical Devices

Others

You can check In-depth Segmentation from here @ https://straitsresearch.com/report/low-voc-adhesives-market/toc

Why Invest in this Report?

Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.

Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.

Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.

Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.

Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.

Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.

List of Top Leading Players of the Low VOC Adhesives Market -

3M

Henkel

Sika

H.B. Fuller

Arkema (Bostik)

Dow

Mapei

Chemence

Infinity Bond

Parker LORD

PPG Industries

Beacon Adhesives

Dymax

Huntsman International

Ashland

Delo

DuPont

Reasons to Purchase This Report:

Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.

Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.

Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.

Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.

Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.

Regional Analysis Low VOC Adhesives Market

The regional analysis section of the report offers a thorough examination of the global Low VOC Adhesives market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Low VOC Adhesives market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

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Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

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Packaging Adhesives Market Detailed Analysis and Forecast 2024–2030

The Packaging Adhesives Market was valued at USD 15.1 billion in 2023 and will surpass USD 18.2 billion by 2030; growing at a CAGR of 2.7% during 2024 - 2030. From food and beverages to pharmaceuticals and consumer goods, the demand for effective packaging solutions has driven significant advancements in adhesive technologies. In this blog, we explore the current state of the packaging adhesives market, key trends, growth drivers, and what the future holds for this dynamic industry.

Packaging adhesives are specialized materials used to bond different substrates together in the packaging industry. These adhesives must meet stringent criteria, including high bond strength, durability, and resistance to various environmental factors such as moisture, temperature changes, and chemicals. The market for packaging adhesives is vast, encompassing a wide range of products such as cartons, boxes, labels, tapes, and flexible packaging.

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Key Trends Shaping the Market

Sustainability and Eco-Friendly Solutions One of the most significant trends in the packaging adhesives market is the shift towards sustainable and eco-friendly products. With increasing environmental awareness and stringent regulations, manufacturers are developing adhesives that are biodegradable, recyclable, and derived from renewable sources. Water-based and solvent-free adhesives are gaining popularity as they reduce volatile organic compound (VOC) emissions, aligning with global sustainability goals.

Growth of E-commerce The rapid growth of e-commerce has led to a surge in demand for packaging materials that can withstand the rigors of shipping and handling. Adhesives used in e-commerce packaging must provide strong bonds to ensure product safety during transit. This has led to the development of high-performance adhesives that offer superior bonding capabilities while being lightweight and cost-effective.

Technological Advancements Continuous innovation in adhesive technologies is driving the market forward. The introduction of hot melt adhesives, pressure-sensitive adhesives, and UV-curable adhesives has revolutionized the industry by offering faster curing times, improved bonding strength, and versatility across various substrates. Additionally, advancements in nanotechnology are opening up new possibilities for adhesives with enhanced properties such as thermal conductivity and electrical insulation.

Demand for Flexible Packaging Flexible packaging is experiencing robust growth due to its lightweight, cost-effective, and versatile nature. Adhesives used in flexible packaging must provide excellent seal integrity, barrier properties, and compatibility with a variety of materials. As consumer preferences shift towards convenience and sustainability, the demand for flexible packaging and, consequently, packaging adhesives is expected to rise significantly.

Market Drivers

Rising Consumer Demand The increasing global population and rising disposable incomes are driving demand for packaged goods. This, in turn, fuels the demand for packaging adhesives as manufacturers strive to meet consumer expectations for high-quality, durable packaging.

Regulatory Compliance Stricter regulations regarding food safety, labeling, and environmental impact are pushing manufacturers to adopt advanced adhesives that comply with these standards. Adhesives that are safe for direct food contact and contribute to the recyclability of packaging are in high demand.

Urbanization and Industrialization Rapid urbanization and industrialization, particularly in emerging economies, are contributing to the expansion of the packaging adhesives market. As industries grow and urban populations increase, the need for packaged products and reliable packaging solutions becomes more critical.

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Future Outlook

The packaging adhesives market is poised for steady growth in the coming years. The increasing focus on sustainability, coupled with technological advancements, will drive innovation in adhesive formulations. Manufacturers are likely to invest in research and development to create adhesives that meet the evolving needs of the market, such as those for smart packaging, which integrates digital technology with packaging materials.

Moreover, the growing popularity of flexible packaging and the continued expansion of e-commerce will provide significant opportunities for market players. However, challenges such as fluctuating raw material prices and the need for continuous regulatory compliance may impact the market's growth trajectory.

Conclusion

The packaging adhesives market is undergoing a transformative phase, driven by sustainability, technological innovation, and changing consumer preferences. As industries continue to evolve, the demand for advanced, eco-friendly adhesives will only increase, making it an exciting time for stakeholders in this industry. Companies that can adapt to these changes and offer innovative solutions will be well-positioned to thrive in the competitive landscape.

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Pressure Sensitive Adhesives Market size was valued at USD 1.57Bn. in 2023 and the total Pressure Sensitive Adhesives revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 2.48 Bn.

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Water Activated Tape Market Analysis: Global Industry Trends and Forecast (2023-2032)

The Water Activated Tape Market is projected to grow from USD 37.76 million in 2024 to USD 70.15 million by 2032, reflecting a compound annual growth rate (CAGR) of 8.05%.

Water-activated tape (WAT), also known as gummed tape, is a durable, eco-friendly packaging solution primarily used in sealing corrugated boxes. Made from kraft paper and reinforced with a starch-based adhesive that becomes sticky when moistened, this tape provides a strong, tamper-evident seal. WAT is gaining popularity due to its superior bonding strength, as it adheres firmly to corrugated surfaces, providing a secure closure that withstands the rigors of shipping. Additionally, it is biodegradable and recyclable, aligning with the growing demand for sustainable packaging materials. Its effectiveness in safeguarding packages makes it a preferred choice for e-commerce and logistics industries.

Here are key challenges in the Water Activated Tape (WAT) market:

Higher Initial Cost: WAT is generally more expensive than traditional pressure-sensitive tapes, which can be a significant deterrent for businesses, especially smaller enterprises with tight budgets.

Specialized Dispenser Requirement: The need for water-activated dispensers to apply the tape adds an extra layer of cost and complexity to operations, making it less attractive for some users.

Limited Market Awareness: Many businesses and consumers are unfamiliar with WAT, resulting in a preference for more commonly used packaging solutions, which slows the adoption rate.

Operational Changes: Transitioning from traditional tapes to WAT requires changes in packaging operations, including training staff to use the new dispensers, which can be a hurdle for companies.

Competition from Eco-Friendly Alternatives: The rise of alternative sustainable packaging options, such as biodegradable plastic tapes, provides stiff competition, potentially limiting WAT’s market growth.

Environmental Sensitivity: WAT’s performance can be influenced by environmental factors like humidity, which is necessary for activating the adhesive, leading to concerns about consistency in varying climates.

Supply Chain Dependence: The production of WAT relies on specific raw materials, such as kraft paper and starch-based adhesives, which could be vulnerable to supply chain disruptions.

Packaging Design Constraints: WAT may not be suitable for all types of packaging designs, particularly those requiring flexible or transparent materials, limiting its applicability in certain industries.

Consumer Resistance to Change: End-users may be resistant to changing their packaging methods, especially if they are accustomed to pressure-sensitive tapes that don’t require additional equipment.

Regulatory Challenges: As sustainability regulations evolve, WAT manufacturers may face challenges in ensuring that their products meet new environmental standards, which could affect market dynamics.

The Water Activated Tape (WAT) market is characterized by a mix of established players and emerging companies, each striving to capture a share of the growing demand for eco-friendly and secure packaging solutions. The competitive landscape is marked by innovation in product offerings, strategic partnerships, and a focus on sustainability. Here’s a competitive analysis of the WAT market:

Competitive Strategies:

Innovation and Product Development: Companies are heavily investing in research and development to create WAT products with superior bonding strength, enhanced durability, and environmental benefits. Innovations such as temperature-resistant tapes and multi-layered reinforcement are key differentiators in the market.

Sustainability Initiatives: With the increasing focus on environmental responsibility, companies are emphasizing the use of biodegradable materials and eco-friendly adhesives. This trend is driven by consumer demand for sustainable packaging solutions, giving companies with strong green credentials a competitive advantage.

Customization and Branding: Offering custom-printed WAT for branding purposes is a growing trend among manufacturers. This allows businesses to enhance their brand visibility and provides an additional value proposition, helping companies differentiate themselves in a competitive market.

Strategic Partnerships and Acquisitions: Leading players are engaging in strategic partnerships and acquisitions to expand their market presence and product offerings. For instance, the acquisition of Better Packages by IPG has allowed for a more comprehensive offering of both tape and dispensing solutions.

Geographical Expansion: Companies are expanding their presence in emerging markets, particularly in Asia-Pacific and Latin America, where the demand for secure and eco-friendly packaging is growing. This geographical diversification helps mitigate risks associated with market saturation in developed regions.

Key Player Analysis

Apollo Industries

Advance Tapes International

Bagla Group

Berry Global, Inc.

Can-Do National Tape

Intertape Polymer Group Inc

Nitto Denko Corporation

Papertec Inc.

Phoenix Inc.

Powerpack LLC

Primetac Corporation

Pro Tapes & Specialties, Inc.

Shurtape

3M Company

Vibac Group S.p.a

World Packaging Co., Inc.

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Here are some innovative trends shaping the Water Activated Tape (WAT) market:

Eco-Friendly Materials: Manufacturers are increasingly focusing on using more sustainable and biodegradable materials in WAT production. This includes incorporating recycled kraft paper and eco-friendly adhesives to meet growing consumer demand for green packaging solutions.

Customization and Branding: There's a rising trend in offering custom-printed WAT, allowing businesses to incorporate branding elements such as logos, colors, and messaging directly on the tape. This not only enhances brand visibility but also provides a tamper-evident seal that can deter theft and fraud.

Smart Tape Integration: Some companies are experimenting with integrating RFID chips or QR codes into WAT. This innovation allows for enhanced tracking and inventory management, providing real-time data on package location, handling conditions, and delivery status.

Enhanced Adhesive Formulations: Advances in adhesive technology are leading to the development of WAT with superior bonding strength that performs well across various environmental conditions. These enhanced formulations are designed to improve durability, ensuring that packages remain securely sealed during transit.

Automated Dispensing Systems: The development of advanced, automated dispensing systems is making it easier for businesses to adopt WAT. These systems are designed to improve efficiency, reduce waste, and streamline the packaging process by automatically cutting and applying the tape with precision.

Multi-Layered Reinforcement: To increase the strength and durability of WAT, manufacturers are introducing multi-layered tapes with fiber reinforcement. This innovation provides additional tear resistance, making it ideal for heavy-duty packaging applications.

Temperature-Resistant Tapes: There's a growing trend towards developing WAT that can withstand extreme temperatures. These tapes are designed to maintain their adhesive properties in both hot and cold environments, making them suitable for various industries, including food and pharmaceuticals.

User-Friendly Designs: Innovations in tape dispensers are making WAT more accessible and easier to use. These dispensers are being designed with ergonomic features, such as easy-to-load mechanisms and adjustable water flow settings, to enhance user experience.

Biodegradable Adhesives: Research and development are focused on creating fully biodegradable adhesive formulations that break down more quickly in natural environments, aligning with global sustainability goals and reducing the environmental impact of packaging waste.

Hybrid Tape Solutions: Some companies are developing hybrid tapes that combine the benefits of WAT with other sealing technologies, such as pressure-sensitive adhesives. These hybrid solutions offer the security of WAT with the convenience of traditional tapes, catering to a wider range of packaging needs.

Segments:

Based on Material:

Paper

Polypropylene

Glassine

Polyester

Coated Fabric

Based on End Use:

Food

Pharmaceutical

Cosmetic

Retail

E-commerce

Shipping and Logistics

Construction

Based on Adhesive Side:

Wet Side

Dry Side

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Industrial Tapes Market Trends Research Report | 2024 - 2031

The "Industrial Tapes Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.

What is the projected market size & growth rate of the Industrial Tapes Market?

Market Analysis and Size

Industrial tapes are widely utilised in heavy machinery as well as packaging and masking industries. These tapes are employed because they have a strong adhesive bonding strength and can resist more pressure than regular tapes. These tapes are both water and shock resistant, and they provide better insulation than standard tapes.

“Duct tapes” accounts for the largest product type segment in the industrial tapes market because duct tape has a long lifespan, is weather resistant, and has a strong adhesive strength. Data Bridge Market Research analyses that the industrial tapes market was valued at USD 63.47 million in 2021 and is further estimated to reach USD 105.05 million by 2029 and is expected to grow at a CAGR of 6.5% during the forecast period of 2022 to 2029.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

This research report is the result of an extensive primary and secondary research effort into the Industrial Tapes market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Industrial Tapes Market.

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Which are the driving factors of the Industrial Tapes market?

The driving factors of the Industrial Tapes market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Industrial Tapes across various industries further propel market expansion.

Industrial Tapes Market - Competitive and Segmentation Analysis:

Global Industrial Tapes Market, By Product Type (Filament tapes, Aluminium tapes, Adhesive Transfer Tapes, Duct Tapes, Others), Application (Packaging Application, Specialized Application, Others), Mode of Application (Pressure Sensitive Application, Solvent Based Application, Hot Melt Based Application, Acrylic Based Application), Tape Backing Material (Polypropylene, Paper, Polyvinyl chloride, Others), End User (Manufacturing Industry, Automotive Industry, Construction Industry, Logistics Industry, Electrical Industry, Others)-Industry Trends and Forecast to 2031.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Which are the top companies operating in the Industrial Tapes market?

Some of the major players operating in the industrial tapes market are:

Dow (US)

3M (US)

Henkel AG (Germany)

Eastman Chemical Company or its subsidiaries. (US)

AVERY DENNISON CORPORATION (US)

Ashland (US)

H.B. Fuller Company. (US)

Von Roll Holding AG (Germany)

tesa Tapes (India) Private Limited (India)

Intertape Polymer Group (Canada)

Muparo AG (Switzerland)

PPM Industries, Inc. (UK)

Adhesive Applications (US)

Berry Global Inc. (US)

Merck KGaA (Germany)

Microseal Industries Inc. (US)

Essentra Specialty Tapes (US)

FLEXcon Company Inc. (US)

Lamart Corp (US)

Shurtape Technologies, LLC (US)

PARKER HANNIFIN CORP (US)

Necal Corporation (US)

Short Description About Industrial Tapes Market:

The Global Industrial Tapes market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Industrial Tapes. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Industrial Tapes Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

This report focuses on the Industrial Tapes in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

What are the key regions in the global Industrial Tapes market?

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Industrial Tapes Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Industrial Tapes market?

Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different types of products in Industrial Tapes?

What are the upcoming industry applications and trends for Industrial Tapes market?

What Are Projections of Global Industrial Tapes Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

Where will the strategic developments take the industry in the mid to long-term?

What are the factors contributing to the final price of Industrial Tapes?

What are the raw materials used for Industrial Tapes manufacturing?

How big is the opportunity for the Industrial Tapes market?

How will the increasing adoption of Industrial Tapes for mining impact the growth rate of the overall market?

How much is the global Industrial Tapes market worth? What was the value of the market In 2020?

Who are the major players operating in the Industrial Tapes market? Which companies are the front runners?

Which are the recent industry trends that can be implemented to generate additional revenue streams?

What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Industrial Tapes Industry?

Customization of the Report

Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of Global Industrial Tapes Market Insights and Forecast to 2031

Introduction

Market Segmentation

Executive Summary

Premium Insights

Market Overview

Industrial Tapes Market By Type

Industrial Tapes Market By Function

Industrial Tapes Market By Material

Industrial Tapes Market By End User

Industrial Tapes Market By Region

Industrial Tapes Market: Company Landscape

SWOT Analysis

Company Profiles

Continued...

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Data Bridge Market Research:

Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.

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[trendingrepots]

Pressure Sensitive Adhesives Market Overview

Pressure Sensitive Adhesives Market size is forecast to reach US$ 9.5 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. Globally, the rising demand for pressure-sensitive adhesives (PSA) owing to its thin, flexible material with single or double-sided coating in various end-use industries such as packaging, automotive, and electronics is estimated to drive the market growth. The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Impact of Covid-19

The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.

Report Coverage

The: “Pressure Sensitive Adhesives Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.

By Formulation: Water-based, Solvent-based, Hot Melt, Others

By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others

By Application: Tapes, Labels, Graphics, and Others

By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia. 

Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.

Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.

Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.