Pressure Sensitive Adhesives Market 2026 Growth, Leading Trends, Challenges, Drivers, Restraints and Investment Opportunities


Posted May 31, 2019 by aaryaa

Asia Pacific is expected to be the fastest growing market over the forecast period in the pressure sensitive adhesives market. This is primarily due to increase in consumption of goods in major developing markets of India and China.

 
Pressure sensitive adhesives (PSAs) are adhesives that bond dissimilar materials on application of pressure. These adhesives are dry adhesive, as they do not require heat, water, or solvents to initiate bonding. Pressure sensitive adhesives are used to affix a wide range of materials, including plastics, wood, paper, metals, and glass. These are thick at room temperature, they are simple to install, have short curing times, and exhibit peel resistant and shear resistant properties. Thus, these adhesives are widely used for their beneficial properties over other adhesives. PSAs are also cost-effective as compared to other adhesives, welding and brazing.

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Major factors driving growth of the PSA market include its extensive application in tapes and labelling, which is primarily due to ease of application and high adaptability. Major challenge faced by this market includes low availability of raw materials and rising cost of these adhesives.

Packaging is the lCoherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.argest end use industry, due to demand from tapes and labelling segment. PSAs are used as temporary sealant in packaging and bandages in the healthcare sector.

Asia Pacific is expected to be the fastest growing market over the forecast period. This is primarily due to increase in consumption of goods in major developing markets of India and China. This has led to demand in the retail labelling segment. In addition, packaged food and beverages consumption has increased due to on-the-go lifestyle. This has directly translated into packaging and PSA market growth.

Various are adopting various inorganic growth strategies such as mergers and acquisitions in order to sustain their position in the global market. For instance, Henkel Ag & Co acquired Novamelt GmbH to further consolidate its position in the adhesives market. Moreover, France-based company Arkema’s acquisition of Bostik, enabled the company to sell its products in India. Major players operating in the pressure sensitive adhesives (PSA) market include The Dow Chemical Company, ExxonMobil Chemicals, Arizona Chemicals, BASF SE, Scapa Group Plc, Avery Dennison, Arkema, and Henkel Ag & Co.

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Contact Email [email protected]
Issued By Mr Shah
Phone +1-206-701-6702
Business Address Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154,USA
Country United States
Categories Advertising , Business , Marketing
Tags outlooki , pressure sensitive adhesives market , trends
Last Updated May 31, 2019