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Pressure Sensitive Adhesives Market Segmentation and Major key Players Analysis 2024

The global industry growth has been driven by high consumption in packaging, automotive, consumer goods, and construction industries. The Global Pressure Sensitive Adhesives Market is expected to reach USD 14.20 billion by 2024, according to a new report by Grand View Research, Inc.


Pressure sensitive adhesive applications are found to be cost effective in stark contrast to the conventional mechanical fastening methods such as brazing and welding. They form a tight bond between close fitting surfaces that neither damages the paint and laminating surfaces nor causes corrosion associated with using metal fasteners.

In light of tightening regulatory intervention to improve fuel efficiency resulting in reduced carbon and Green House Gas (GHG) emissions, automotive OEMs are forced to adopt plastics as a replacement to metals such asaluminum and steel, thereby stimulating PSA demand.

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Packaging was the leading end-use segment accounting for over 25% of market volume in 2015. Growing demand for labeling and packaging applications making use of PSA owing to improved inventory management and cost effectiveness is expected to support growth.

Top Players of Pressure Sensitive Adhesives Market:

Major industry participants in include The Dow Chemical Company, H.B. Fuller, Ashland, Inc., Henkel, 3M and Avery Dennison.

Market Segmentation of Pressure Sensitive Adhesives Market:

The Pressure Sensitive Adhesives Market segmented on the basis of Product, End-Use, Technology and Region.

By Technology:

    Water-Based
    Solvent-Based
    Hot-Melt
    Radiation

By Product:

    Tapes
    Labels
    Graphic Films
    Specialty

By End-Use:

    Automotive & Transportation
    Electrical & Electronics
    Consumer Goods
    Packaging
    Construction

 By Region:

    North America
        US
        Canada
        Mexico
    Europe
        Germany
        UK
    Asia Pacific
        India
        China
        Japan
    Central & South America
        Brazil
    Middle East & Africa

Inquire about Pressure Sensitive Adhesives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3106
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