Pressure Sensitive Adhesives Market worth 15.76 Billion USD by 2026


Posted July 9, 2018 by abhijeetw1

The pressure sensitive adhesives (PSA) market is projected to reach USD 15.76 Billion by 2026, at a CAGR of 6.6% between 2016 and 2026.

 
The report "Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, EVA), Technology (Water-based, Solvent-based, Hot Melt), Application (Labels, Tapes, Graphics), End-Use Industry (Packaging, Automotive, Medical), Region - Global Forecast to 2026", The pressure sensitive adhesives (PSA) market was valued at USD 7.87 Billion in 2015, and is projected to reach USD 15.76 Billion by 2026, at a CAGR of 6.6% between 2016 and 2026.

Browse 204 market data tables and 63 figures spread through 218 pages and in-depth TOC on “Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, EVA), Technology (Water-based, Solvent-based, Hot Melt), Application (Labels, Tapes, Graphics), End-Use Industry (Packaging, Automotive, Medical), Region - Global Forecast to 2026”

https://www.marketsandmarkets.com/Market-Reports/pressure-sensitive-adhesives-market-1135.html

Acrylic is the largest chemistry segment of the PSA market

Based on chemistry, acrylic is the largest segment of the PSA market, owing to its extensive usage in two major applications, namely, labels and tapes. It is widely used in the automotive & transportation and medical & healthcare end-use industries. It is highly preferred due to its resistance to aging, moderate cost, and excellent physical properties such as peel adhesion, high cohesion, UV resistance, chemical & humidity resistance, high cutability, and thermal stability.

Water-based is the largest technology segment of the PSA market

Water-based technology is the largest segment in the PSA market; this growth is mainly attributed to the eco-friendly nature of water-based PSAs, safety associated with their use, and cost-effectiveness. Water-based PSAs are widely used in varied applications such as tapes, labels, and graphics.

Labels is the largest application segment of the PSA market

The labels segment is estimated to account for the largest market share, in terms of value as well as volume, followed by tapes and graphics, in 2016. Labels are widely used in varied end-use industries such as medical & healthcare, packaging, and electronics, electrical & telecommunication, among others. They are also utilized in sectors such as consumer goods, HVAC (heating, ventilation, and air conditioning), and food & beverage.

Packaging end-use industry is estimated to account for the largest market share

PSAs are used in varied end-use industries such as packaging; electronics, electrical & telecommunication; medical & healthcare; and building & construction; among others. The packaging end-use industry is estimated to account for the largest market share, in terms of volume, in 2016. The electronics, electrical & telecommunication end-use industry is estimated to grow at the highest CAGR between 2016 and 2026, in terms of value. Increasing per capita income and improving living standards are driving the demand for electronic products, which further propels the growth of the PSA market.

Asia-Pacific is projected to lead the PSA market during the forecast period

The Asia-Pacific region is the largest regional segment of the PSA market, owing to rise in industrial and infrastructural developments. Asia-Pacific has emerged as the leading consumer as well as producer of PSAs, due to the increasing demand for pressure sensitive adhesives from India, South Korea, China, and Indonesia, among others.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=1135

Target Audience:

Manufacturers of PSA
Distributors and Suppliers of PSA
Regional Manufacturers’ Associations and General PSA Associations
Government & Regional Agencies and Research Organizations
On the basis of Chemistry:

Acrylic
Rubber
Silicone
EVA
Others
On the basis of Technology:

Water-based
Solvent-based
Hot Melt
Radiation
On the basis of Application:

Specialty
Commodity
On the basis of End-Use Industry:

Packaging
Electronics, Electrical & Telecommunication
Automotive & Transportation
Medical & Healthcare
Building & Construction
Others
On the basis of Region:

Asia-Pacific
Europe
North America
Middle East & Africa
South America
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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags pressure sensitive adhesives , pressure sensitive adhesives market
Last Updated July 9, 2018