Skip to main content

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.

To Know More About Pressure Sensitive Adhesives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/pressure-sensitive-adhesives-market

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
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Electronic Adhesives Industry: Global Survey, Trend Overview and 2022 Forecast

Electronic adhesives have enhanced intrinsic conductive and thermal properties which enable them to substitute soldering systems. Increasing significance of compact devices including flash drives, CDs, and communication drives is expected to drive demand over the forecast period. The Global Electronic Adhesives Market is expected to reach USD 7.80 billion by 2022, according to a new report by Grand View Research, Inc.   Shift in trend toward miniaturization of electronic components has created need for these adhesives. Replacement of PCBs with multi-chip modules has also prompted product demand. PCBs are laminated plastic boards that utilized these adhesives in surface-mount components, bonding conformal coatings, wire tacking and encapsulating components. High installation costs for laminating & packaging machinery and product assembly are expected to remain key challenges for industry participants. Electrically conductive adhesives emerged as the largest product segm...
Post a Comment
Read more

Colored Polyurethane (PU) Foams Market Outlook and Global Foresight to 2022

The market is expected to be driven by increasing developments in electronic appliances, automotive, footwear and packaging industries. Growing demand for high performance materials from automotive industry is expected to drive global colored PU foams market over the forecast period. The Global Colored Polyurethane (PU) Foams Market is expected to reach USD 20.33 billion by 2022, according to a new report by Grand View Research, Inc. Increasing construction spending in Asia Pacific is also expected to have a positive influence on the market growth. Volatile MDI/TDI prices are expected to challenge market profitability. Flexible colored PU foams were the leading product segment and accounted for over 55% of total market volume in 2014. They are widely used for cushioning applications mainly in furniture & interiors and packaging industries. Rigid PU foams are expected to witness the highest growth of 5.2% from 2015 to 2022. Growing demand for insulation products acros...
Post a Comment
Read more