Product Code: A00764
The global pressure sensitive adhesives market forecast was valued at $9.8 billion in 2020, and is projected to reach $17.6 billion by 2030, growing at a CAGR of 6.1% from 2021 to 2030.
Pressure sensitive adhesives come under the category of non-reactive materials, and bond formation in these types of adhesives occurs when some pressure is applied on the substrate. It is manufactured in liquid and solid form.
The growth of the global pressure sensitive adhesives market is driven by increase in adoption of PSAs in automotive, packaging, and building & construction end-use industries. Utilization of pressure sensitive adhesives (PSAs) in construction activities such as wood connections made with high performance PSAs tapes has significant promise for mitigating damage in buildings under high wind or seismic conditions. Advantages of using PSAs in the construction industry includes joint ductility and sealing protection from water-intrusion damage. In addition, pressure sensitive adhesive tapes are utilized for insulation of buildings to offer protection from various environmental factors such as cold, heat, noise, precipitation, and others. Thus, all these factors together are predicted to augment the demand for pressure sensitive adhesives global market.
However, Environmental Protection Agency (EPA) defined VOCs as "any compound of carbon, excluding carbon monoxide, carbon dioxide, carbonic acid, metallic carbides or carbonates, and ammonium carbonate, which participates in atmospheric photochemical reactions." VOCs found in certain pressure sensitive adhesives have the tendency to react with nitrogen oxides present in the atmosphere to form ozone, which poses a health threat by causing respiratory problems. Solvent-based adhesives contain certain solvents emit VOCs, owing to which the market is experiencing a shift towards VOC-free water-based adhesives, which is likely to hamper the market growth.
Conversely, increase in adoption of pressure sensitive adhesives in healthcare sector is predicted to offer new opportunity in the global market. There are several medical devices that need to be attached with skin, ileostomy, and colostomy are medical devices that will be attached to skin and requires proper adhesive for bearing load. Majorly, silicone based PSA are used for such application and it can also be used with prosthetic appliances or the impregnation of hairpieces. There has been a noteworthy rise in the number of hospitals and clinics in countries such as India and Malaysia, which has led to an increased demand for medical technology and equipment.
The pressure sensitive adhesives market is segmented on the basis of chemical composition, technology, application, end-use, and region. On the basis of chemical composition, the market is categorized into acrylic, rubber, ethylene vinyl acetate, silicone, polyurethane, and others. On the basis of technology, the market is categorized into water-based, radiation cured, solvent based, and hot melt. The applications covered in the study include tapes, labels, graphic, and others. By end use, the market is divided into packaging, automotive, healthcare, building & construction, electronics, consumer goods, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global pressure sensitive adhesives market profiles leading players that include The 3M Company, Henkel Ag & Co. KGAA, The Dow Chemical Company, Sika Group, Exxonmobil Corporation, Avery Dennison Corporation, H.B. Fuller, Arkema Group, Ashland Global Holdings Inc., and Wacker Chemical Corporation.
The global pressure sensitive adhesives market report provides in-depth competitive analysis as well as profiles of these major players.
- 1.1. Key benefits for stakeholders
Porter's five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current trends and future estimations of the market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
The profiles of key players and their key strategic developments are enlisted in the report.
By Chemical Composition
Acrylic
Rubber
Ethylene Vinyl Acetate
Silicone
Polyurethane
Others
By Technology
Water-based
Radiation Cured
Solvent-based
Hot Melt
By Application
Tapes
Labels
Graphic
Others
By End-Use
Packaging
Automotive
Healthcare
Building & Construction
Electronics
Consumer Goods
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key players in the global pressure sensitive adhesives market are:
- 1. The 3M Company
- 2. Henkel AG & Co. KGAA
- 3. The Dow Chemical Company
- 4. Sika Group
- 5. Exxonmobil Corporation
- 6. Avery Dennison Corporation
- 7. H.B. Fuller
- 8. Arkema Group
- 9. Ashland Global Holdings Inc,
- 10. Wacker Chemical Corporation
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key benefits for stakeholders
- 1.3.Key market segments
- 1.4.Research methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Market dynamics
- 3.4.1.Drivers
- 3.4.1.1.Growth in flexible packaging industry
- 3.4.1.2.Surge in demand from various end-use industries
- 3.4.1.3.Product innovation
- 3.4.2.Restraint
- 3.4.2.1.Fluctuations in cost of raw materials
- 3.4.2.2.Stringent government regulations
- 3.4.3.Opportunity
- 3.4.3.1.Increase in demand for bio-based pressure sensitive adhesives
- 3.4.3.2.Advancements in pressure sensitive adhesives tapes
- 3.5.Value chain analysis
- 3.6.Pricing analysis
- 3.7.Impact of key regulations on the global pressure sensitive adhesives market
- 3.8.Impact of COVID-19 on the global pressure sensitive adhesives market
- 3.9.Patent analysis, 2012-2021
CHAPTER 4:GLOBAL PRESSURE SENSITIVE ADHESIVES MARKET, BY CHEMICAL COMPOSITION
- 4.1.Overview
- 4.1.1.Market size and forecast, by chemical composition
- 4.2.Acrylic
- 4.2.1.Key market trends, growth factors, and opportunities
- 4.2.2.Market size and forecast, by region
- 4.2.3.Market share analysis, by country
- 4.3.Rubber
- 4.3.1.Key market trends, growth factors, and opportunities
- 4.3.2.Market size and forecast, by region
- 4.3.3.Market share analysis, by country
- 4.4.Ethylene Vinyl Acetate (EVA)
- 4.4.1.Key market trends, growth factors, and opportunities
- 4.4.2.Market size and forecast, by region
- 4.4.3.Market share analysis, by country
- 4.5.Silicone
- 4.5.1.Key market trends, growth factors, and opportunities
- 4.5.2.Market size and forecast, by region
- 4.5.3.Market share analysis, by country
- 4.6.Polyurethane
- 4.6.1.Key market trends, growth factors, and opportunities
- 4.6.2.Market size and forecast, by region
- 4.6.3.Market share analysis, by country
- 4.7.Others
- 4.7.1.Key market trends, growth factors, and opportunities
- 4.7.2.Market size and forecast, by region
- 4.7.3.Market share analysis, by country
CHAPTER 5:PRESSURE SENSITIVE ADHESIVES MARKET, BY TECHNOLOGY
- 5.1.Overview
- 5.1.1.Market size and forecast, by technology
- 5.2.Water-based
- 5.2.1.Key market trends, growth factors, and opportunities
- 5.2.2.Market size and forecast, by region
- 5.2.3.Market share analysis, by country
- 5.3.Radiation cured
- 5.3.1.Key market trends, growth factors, and opportunities
- 5.3.2.Market size and forecast, by region
- 5.3.3.Market share analysis, by country
- 5.4.Solvent-based
- 5.4.1.Key market trends, growth factors, and opportunities
- 5.4.2.Market size and forecast, by region
- 5.4.3.Market share analysis, by country
- 5.5.Hot melt
- 5.5.1.Key market trends, growth factors, and opportunities
- 5.5.2.Market size and forecast, by region
- 5.5.3.Market share analysis, by country
CHAPTER 6:PRESSURE SENSITIVE ADHESIVES MARKET, BY APPLICATION
- 6.1.Overview
- 6.1.1.Market size and forecast, by application
- 6.2.Tapes
- 6.2.1.Key market trends, growth factors, and opportunities
- 6.2.2.Market size and forecast, by region
- 6.2.3.Market share analysis, by country
- 6.3.Labels
- 6.3.1.Key market trends, growth factors, and opportunities
- 6.3.2.Market size and forecast, by region
- 6.3.3.Market share analysis, by country
- 6.4.Graphic
- 6.4.1.Key market trends, growth factors, and opportunities
- 6.4.2.Market size and forecast, by region
- 6.4.3.Market share analysis, by country
- 6.5.Others
- 6.5.1.Key market trends, growth factors, and opportunities
- 6.5.2.Market size and forecast, by region
- 6.5.3.Market share analysis, by country
CHAPTER 7:PRESSURE SENSITIVE ADHESIVES MARKET, BY END USE
- 7.1.Overview
- 7.1.1.Market size and forecast, by end-use
- 7.2.Packaging
- 7.2.1.Key market trends, growth factors, and opportunities
- 7.2.2.Market size and forecast, by region
- 7.2.3.Market share analysis, by country
- 7.3.Automotive
- 7.3.1.Key market trends, growth factors, and opportunities
- 7.3.2.Market size and forecast, by region
- 7.3.3.Market share analysis, by country
- 7.4.Healthcare
- 7.4.1.Key market trends, growth factors, and opportunities
- 7.4.2.Market size and forecast, by region
- 7.4.3.Market share analysis, by country
- 7.5.Electronics
- 7.5.1.Key market trends, growth factors, and opportunities
- 7.5.2.Market size and forecast, by region
- 7.5.3.Market share analysis, by country
- 7.6.Building & Construction
- 7.6.1.Key market trends, growth factors, and opportunities
- 7.6.2.Market size and forecast, by region
- 7.6.3.Market share analysis, by country
- 7.7.Consumer goods
- 7.7.1.Key market trends, growth factors, and opportunities
- 7.7.2.Market size and forecast, by region
- 7.7.3.Market share analysis, by country
- 7.8.Others
- 7.8.1.Key market trends, growth factors, and opportunities
- 7.8.2.Market size and forecast, by region
- 7.8.3.Market share analysis, by country
CHAPTER 8:PRESSURE SENSITIVE ADHESIVES MARKET, BY REGION
- 8.1.Overview
- 8.1.1.Market size and forecast
- 8.2.North America
- 8.2.1.Key market trends, growth factors, and opportunities
- 8.2.2.Market size and forecast, by chemical composition
- 8.2.3.Market size and forecast, by technology
- 8.2.4.Market size and forecast, by application
- 8.2.5.Market size and forecast, by end-use
- 8.2.6.Market share analysis, by country
- 8.2.6.1.U.S.
- 8.2.6.1.1.Market size and forecast, by chemical composition
- 8.2.6.1.2.Market size and forecast, by technology
- 8.2.6.1.3.Market size and forecast, by application
- 8.2.6.1.4.Market size and forecast, by end-use
- 8.2.6.2.Canada
- 8.2.6.2.1.Market size and forecast, by chemical composition
- 8.2.6.2.2.Market size and forecast, by technology
- 8.2.6.2.3.Market size and forecast, by application
- 8.2.6.2.4.Market size and forecast, by end-use
- 8.2.6.3.Mexico
- 8.2.6.3.1.Market size and forecast, by chemical composition
- 8.2.6.3.2.Market size and forecast, by technology
- 8.2.6.3.3.Market size and forecast, by application
- 8.2.6.3.4.Market size and forecast, by end-use
- 8.3.Europe
- 8.3.1.Key market trends, growth factors, and opportunities
- 8.3.2.Market size and forecast, by chemical composition
- 8.3.3.Market size and forecast, by technology
- 8.3.4.Market size and forecast, by application
- 8.3.5.Market size and forecast, by end-use
- 8.3.6.Market share analysis, by country
- 8.3.6.1.Germany
- 8.3.6.1.1.Market size and forecast, by chemical composition
- 8.3.6.1.2.Market size and forecast, by technology
- 8.3.6.1.3.Market size and forecast, by application
- 8.3.6.1.4.Market size and forecast, by end-use
- 8.3.6.2.France
- 8.3.6.2.1.Market size and forecast, by chemical composition
- 8.3.6.2.2.Market size and forecast, by technology
- 8.3.6.2.3.Market size and forecast, by application
- 8.3.6.2.4.Market size and forecast, by end-use
- 8.3.6.3.Italy
- 8.3.6.3.1.Market size and forecast, by chemical composition
- 8.3.6.3.2.Market size and forecast, by technology
- 8.3.6.3.3.Market size and forecast, by application
- 8.3.6.3.4.Market size and forecast, by end-use
- 8.3.6.4.Spain
- 8.3.6.4.1.Market size and forecast, by chemical composition
- 8.3.6.4.2.Market size and forecast, by technology
- 8.3.6.4.3.Market size and forecast, by application
- 8.3.6.4.4.Market size and forecast, by end-use
- 8.3.6.5.UK
- 8.3.6.5.1.Market size and forecast, by chemical composition
- 8.3.6.5.2.Market size and forecast, by technology
- 8.3.6.5.3.Market size and forecast, by application
- 8.3.6.5.4.Market size and forecast, by end-use
- 8.3.6.6.Rest of Europe
- 8.3.6.6.1.Market size and forecast, by chemical composition
- 8.3.6.6.2.Market size and forecast, by technology
- 8.3.6.6.3.Market size and forecast, by application
- 8.3.6.6.4.Market size and forecast, by end-use
- 8.4.Asia-Pacific
- 8.4.1.Key market trends, growth factors, and opportunities
- 8.4.2.Market size and forecast, by chemical composition
- 8.4.3.Market size and forecast, by technology
- 8.4.4.Market size and forecast, by application
- 8.4.5.Market size and forecast, by end-use
- 8.4.6.Market share analysis, by country
- 8.4.6.1.China
- 8.4.6.1.1.Market size and forecast, by chemical composition
- 8.4.6.1.2.Market size and forecast, by technology
- 8.4.6.1.3.Market size and forecast, by application
- 8.4.6.1.4.Market size and forecast, by end-use
- 8.4.6.2.Japan
- 8.4.6.2.1.Market size and forecast, by chemical composition
- 8.4.6.2.2.Market size and forecast, by technology
- 8.4.6.2.3.Market size and forecast, by application
- 8.4.6.2.4.Market size and forecast, by end-use
- 8.4.6.3.India
- 8.4.6.3.1.Market size and forecast, by chemical composition
- 8.4.6.3.2.Market size and forecast, by technology
- 8.4.6.3.3.Market size and forecast, by application
- 8.4.6.3.4.Market size and forecast, by end-use
- 8.4.6.4.South Korea
- 8.4.6.4.1.Market size and forecast, by chemical composition
- 8.4.6.4.2.Market size and forecast, by technology
- 8.4.6.4.3.Market size and forecast, by application
- 8.4.6.4.4.Market size and forecast, by end-use
- 8.4.6.5.Rest of Asia-Pacific
- 8.4.6.5.1.Market size and forecast, by chemical composition
- 8.4.6.5.2.Market size and forecast, by technology
- 8.4.6.5.3.Market size and forecast, by application
- 8.4.6.5.4.Market size and forecast, by end-use
- 8.5.LAMEA
- 8.5.1.Key market trends, growth factors, and opportunities
- 8.5.2.Market size and forecast, by chemical composition
- 8.5.3.Market size and forecast, by technology
- 8.5.4.Market size and forecast, by application
- 8.5.5.Market size and forecast, by end-use
- 8.5.6.Market share analysis, by country
- 8.5.6.1.Brazil
- 8.5.6.1.1.Market size and forecast, by chemical composition
- 8.5.6.1.2.Market size and forecast, by technology
- 8.5.6.1.3.Market size and forecast, by application
- 8.5.6.1.4.Market size and forecast, by end-use
- 8.5.6.2.Saudi Arabia
- 8.5.6.2.1.Market size and forecast, by chemical composition
- 8.5.6.2.2.Market size and forecast, by technology
- 8.5.6.2.3.Market size and forecast, by application
- 8.5.6.2.4.Market size and forecast, by end-use
- 8.5.6.3.South Africa
- 8.5.6.3.1.Market size and forecast, by chemical composition
- 8.5.6.3.2.Market size and forecast, by technology
- 8.5.6.3.3.Market size and forecast, by application
- 8.5.6.3.4.Market size and forecast, by end-use
- 8.5.6.4.Rest of LAMEA
- 8.5.6.4.1.Market size and forecast, by chemical composition
- 8.5.6.4.2.Market size and forecast, by technology
- 8.5.6.4.3.Market size and forecast, by application
- 8.5.6.4.4.Market size and forecast, by end-use
CHAPTER 9:COMPETITIVE LANDSCAPE
- 9.1.Introduction
- 9.1.1.Market player positioning, 2020
- 9.2.tTop winning strategies
- 9.2.1.Top winning strategies, by year
- 9.2.2.Top winning strategies, by development
- 9.2.3.Top winning strategies, by company
- 9.3.Product mapping of top 10 player
- 9.4.Competitive dashboard
- 9.5.Competitive heatmap
- 9.6.Key developments
- 9.6.1.New product launches
- 9.6.2.Expansions
- 9.6.3.Other developments
CHAPTER 10:COMPANY PROFILES:
- 10.1.ARKEMA GROUP
- 10.1.1.Company overview
- 10.1.2.Company snapshot
- 10.1.3.Operating business segments
- 10.1.4.Product portfolio
- 10.1.5.Business performance
- 10.1.6.Key strategic moves and developments
- 10.2.ASHLAND GLOBAL HOLDINGS INC.
- 10.2.1.Company overview
- 10.2.2.Company snapshot
- 10.2.3.Operating business segments
- 10.2.4.Product portfolio
- 10.2.5.Business performance
- 10.2.6.Key strategic moves and development
- 10.3.AVERY DENNISON CORPORATION
- 10.3.1.Company overview
- 10.3.2.Company snapshot
- 10.3.3.Operating business segments
- 10.3.4.Product portfolio
- 10.3.5.Business performance
- 10.3.6.Key strategic moves and developments
- 10.4.EXXONMOBIL CORPORATION
- 10.4.1.Company overview
- 10.4.2.Company snapshot
- 10.4.3.Operating business segments
- 10.4.4.Product portfolio
- 10.4.5.Business performance
- 10.5.H.B. FULLER
- 10.5.1.Company overview
- 10.5.2.Company snapshot
- 10.5.3.Operating business segments
- 10.5.4.Product portfolio
- 10.5.5.Business performance
- 10.5.6.Key strategic moves and developments
- 10.6.HENKEL AG & CO. KGAA
- 10.6.1.Company overview
- 10.6.2.Company snapshot
- 10.6.3.Operating business segments
- 10.6.4.Product portfolio
- 10.6.5.Business performance
- 10.6.6.Key strategic moves and developments
- 10.7.SIKA GROUP
- 10.7.1.Company overview
- 10.7.2.Company snapshot
- 10.7.3.Operating business segments
- 10.7.4.Product portfolio
- 10.7.5.Business performance
- 10.7.6.Key strategic moves and developments
- 10.8.THE DOW CHEMICAL COMPANY
- 10.8.1.Company overview
- 10.8.2.Company snapshot
- 10.8.3.Operating business segments
- 10.8.4.Product portfolio
- 10.8.5.Business performance
- 10.8.6.Key strategic moves and developments
- 10.9.THE 3M COMPANY
- 10.9.1.Company overview
- 10.9.2.Company snapshot
- 10.9.3.Operating business segments
- 10.9.4.Product portfolio
- 10.9.5.Business performance
- 10.9.6.Key strategic moves and developments
- 10.10.WACKER CHEMICAL CORPORATION
- 10.10.1.Company overview
- 10.10.2.Company snapshot
- 10.10.3.Operating business segments
- 10.10.4.Product portfolio
- 10.10.5.Business performance
- 10.10.6.Key strategic moves and developments