According to the new market research report “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 2025“, The global pressure sensitive adhesives market size is projected to grow from USD 9.5 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 6.0% during the forecast period.
Don’t miss out on business opportunities in Pressure Sensitive Adhesives Market
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1135
Silicone PSAs consist of silicone polymers and are widely used in specific industrial applications, such as medical, solar and wind energy, heavy machinery and aerospace. It is used in the form of masking tapes, splicing, process tapes, and high-performance insulation laminates. The consumer goods industry is a huge market for silicone PSAs. These adhesives can maintain adhesion over a larger temperature range and possess ability to adhere to difficult surfaces. Silicone PSAs represent a small part of the total PSAs market and serve niche markets with a vast range of applications and end-use industries such as automotive & transportation and renewable energy.
Hot melt technology is mainly used in packaging and electrical, electronics & telecommunication industries. They are solvent-less PSAs. With advanced automation, they can be used conveniently. This technology holds superior manufacturing flexibility when compared with water-based or solvent-based PSAs. Hot-melt PSAs are used in sealing food & beverage products, in adhesion of integrated circuits, and other packaging applications. These are extensively used in the FMCG sector in the packaging and bonding of consumer goods.
Browse and in-depth TOC on “Pressure Sensitive Adhesives Market – Global Forecast to 2025”
106 – Tables
53 – Figures
183 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/pressure-sensitive-adhesives-market-1135.html
The global pressure sensitive adhesives market size is projected to grow from USD 9.5 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 6.0% during the forecast period. Wider acceptance of pressure sensitive adhesives due to their low cost and ease-of-use have led to its increase demand over the past few years. The growth of the packaging industry in the emerging countries of APAC and South America is driving the demand for pressure sensitive adhesives in these regions.
Pressure sensitive adhesives are adhesives with special formulations, which offer properties, such as viscosity, elasticity, peel strength, cohesive strength, adhesive strength, shear resistance, and resistance to aging, chemicals, and humidity. They adhere well on the surface by making bonds when adequate pressure is applied. Emerging trends of bio-based pressure sensitive adhesives and advancement in PSA tapes technology have provided an opportunity for the growth of the market. However, the volatility in raw material prices and stringent regulations reshaping the pressure sensitive adhesives market are hampering its growth.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1135
In line with the rising demand for pressure sensitive adhesives, Henkel offers a broad spectrum of products, including home care, laundry, cosmetic, and adhesive technologies. The adhesive technologies business segment manufactures and distributes decoration and renovation products for home & office, building adhesives, PSA, and industrial infrastructure solutions. Henkel supplies hot-melt PSA for a wide variety of applications in terms of specialty tapes and commodity tapes. The company also manufactures customized solutions. It has leveraged its strong financial background and distribution network to expand its business in the US and various countries across the globe.
The second most active company in the pressure sensitive adhesives market is The Dow Chemical Company (US). The company holds a strong position in the market due to its global distribution capabilities and strong financial background. The company has actively made efforts and expanded in emerging countries across Latin America and APAC to strengthen its product portfolio and customer reach. It conducts its worldwide operations through four operating segments: packaging & specialty plastics, industrial intermediates & infrastructure, performance materials & coatings, and corporate. The company manufactures PSAs under its performance materials & coatings business unit. It operates its business in North America, Europe, APAC, and Latin America.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.