Pressure Sensitive Adhesives Market Growth & Trends:
The global pressure sensitive adhesives market size is expected to reach USD 16.71 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2023 to 2030. Rising demand from packaging industry is predicted to drive the Pressure Sensitive Adhesive (PSA) market growth. Water-based PSAs, also known as emulsion PSA, led the market in 2022. The environmentally friendly nature of these PSAs coupled with compliance with government regulatory bodies, such as Environmental Protection Agency (EPA), is the crucial factor supporting the segment growth.
Radiation cured PSAs are estimated to witness the fastest CAGR over the forecast period. They are typically based on acrylic formulations and provide an ideal solution combining balanced performance, good weather resistance, and advantageous processing. New product launches along with extensive R&D in radiation cured technology are expected to propel the segment growth over the forecast period. Packaging industry, especially food packaging, is one of the most significant end-use industries. PSA labels and tapes help maintain the brand image of the packaged product and are compatible with numerous substrates and coatings.
They offer significant advantages, such as instant bonding and user-friendly application. In the automotive industry, labels play an important role in the supply chain of a car. Majority of the total automotive labels are applied on the automotive parts before car assembly in the supply chain. Several numbers are stamped on pieces of metals and parts to aid in automotive assembly. Apart from labeling, these tapes are used in the assembly of interior vehicle components like dashboards, glass, mirrors, fabric, and carpet.
In the construction industry, higher bonding speed, longer durability, extreme weather resistance, and user-friendly features of acrylic tapes play a crucial role. Acrylic construction tapes are an eco-friendly option as they produce minimal off-gases and fumes. With stringent environmental codes and regulations in the construction industry, PSA high-performing tapes are expected to emerge as the ideal choice for architects and builders.
Pressure Sensitive Adhesives Market Report Highlights:
- Water-based technology led the market in 2022. These products are eco-friendly, which is a significant factor driving the segment growth
- Tapes segment led the market in 2022. Increasing demand for carton sealing from the packaging industry and its increasing usage in automotive assembly is the major factor driving the segment
- In terms of revenue, graphic films are estimated to register the fastest CAGR of over the forecast period. Increasing demand for vehicle graphics and advertising graphics will stimulate the segment growth
- Silicone-based adhesive formulations are estimated to expand at the fastest CAGR owing to excellent weather resistance and long-term durability offered by these formulations
- Asia Pacific led the global PSAs market in 2022 owing to extensive product demand and manufacturing activities in the region
- 3M Company, Henkel, and Avery Dennison are the dominant industry participants owing to their wide product portfolio and significant integration in the manufacturing process
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources & Third-Party Perspectives
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.7 Research Scope and Assumptions
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Pressure sensitive adhesives Market: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Adhesives Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Manufacturing/Technology Trends
- 3.2.2 Sales Channel Analysis
- 3.2.3 List of Potential End-Users
- 3.3 Price Trend Analysis, 2018 - 2030
- 3.3.1 Factors Affecting Prices
- 3.4 Regulatory Framework, By Regions
- 3.5 Market Dynamics
- 3.5.1 Market driver analysis
- 3.5.2 Market restraint analysis
- 3.5.3 Market Challenges Analysis
- 3.5.4 Market Opportunity Analysis
- 3.6 Business Environment Analysis
- 3.6.1 Porter's Analysis
- 3.6.2 PESTEL Analysis
Chapter 4 Pressure sensitive adhesives Market: Supplier Portfolio Analysis
- 4.1 List of Key Raw Material Suppliers
- 4.2 Raw Material Trends
- 4.3 Portfolio Analysis/Kraljic Matrix
- 4.4 Engagement Model
- 4.5 Negotiation Strategies
- 4.6 Sourcing Best Practices
Chapter 5 Pressure sensitive adhesives Market: Product Estimates & Trend Analysis
- 5.1 Product movement analysis & market share, 2022 & 2030
- 5.1.1 Tapes
- 5.1.1.1 Tapes Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2 Labels
- 5.1.2.1 Labels Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3 Graphic Films
- 5.1.3.1 Graphic Films Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4 Other products
- 5.1.4.1 Other products Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Pressure sensitive adhesives Market: End-use Estimates & Trend Analysis
- 6.1 End-use movement analysis & market share, 2022 & 2030
- 6.1.1 Automotive
- 6.1.1.1 Pressure sensitive adhesives Market Estimates and Forecast, in Automotive, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.2 Electronics
- 6.1.2.1 Pressure sensitive adhesives Market Estimates and Forecast, in Electronics, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.3 Consumer Goods
- 6.1.3.1 Pressure sensitive adhesives Market Estimates and Forecast, in Consumer Goods, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.4 Packaging
- 6.1.4.1 Pressure sensitive adhesives Market Estimates and Forecast, in Packaging, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.5 Construction
- 6.1.5.1 Pressure sensitive adhesives Market Estimates and Forecast, in Construction, 2018 - 2030 (Kilotons) (USD Million)
- 6.1.6 Other end-use
- 6.1.6.1 Pressure sensitive adhesives Market Estimates and Forecast, in other end-use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Pressure sensitive adhesives Market: Technology Estimates & Trend Analysis
- 7.1 Technology movement analysis & market share, 2022 & 2030
- 7.1.1 Water-based
- 7.1.1.1 Pressure sensitive adhesives Market Estimates and Forecast, by Water-based, 2018 - 2030 (Kilotons) (USD Million)
- 7.1.2 Solvent-based
- 7.1.2.1 Pressure sensitive adhesives Market Estimates and Forecast, by Solvent based, 2018 - 2030 (Kilotons) (USD Million)
- 7.1.3 Hot Melt
- 7.1.3.1 Pressure sensitive adhesives Market Estimates and Forecast, by Hot Melt, 2018 - 2030 (Kilotons) (USD Million)
- 7.1.4 Radiation-cured
- 7.1.4.1 Pressure sensitive adhesives Market Estimates and Forecast, by Radiation-cured, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8 Pressure sensitive adhesives Market: Adhesive Chemistry Estimates & Trend Analysis
- 8.1 Adhesive Chemistry movement analysis & market share, 2022 & 2030
- 8.1.1 Acrylic
- 8.1.1.1 Pressure sensitive adhesives Market Estimates and Forecast, by Acrylic, 2018 - 2030 (Kilotons) (USD Million)
- 8.1.2 Rubber
- 8.1.2.1 Pressure sensitive adhesives Market Estimates and Forecast, by Rubber, 2018 - 2030 (Kilotons) (USD Million)
- 8.1.3 Silicone
- 8.1.3.1 Pressure sensitive adhesives Market Estimates and Forecast, by silicone, 2018 - 2030 (Kilotons) (USD Million)
- 8.1.4 Others
- 8.1.4.1 Pressure sensitive adhesives Market Estimates and Forecast, by others, 2018 - 2030 (Kilotons) (USD Million)
Chapter 9 Pressure sensitive adhesives Market: Regional Estimates & Trend Analysis
- 9.1 Pressure sensitive adhesives Market: Regional Outlook
- 9.2 North America
- 9.2.1 North America Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.2 North America Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.3 North America Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4 North America Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4 U.S.
- 9.2.4.1 Key Country Dynamics
- 9.2.4.2 U.S. Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.3 U.S. Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.4 U.S. Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 U.S. Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.5 Canada
- 9.2.5.1 Key Country Dynamics
- 9.2.5.2 Canada Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.5.3 Canada Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.5.4 Canada Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 Canada Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.6 Mexico
- 9.2.6.1 Key Country Dynamics
- 9.2.6.2 Mexico Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.6.3 Mexico Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.6.4 Mexico Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 Mexico Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.3 Europe
- 9.3.1 Europe Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.2 Europe Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.3 Europe Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.4 Europe Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.4 Germany
- 9.3.4.1 Key Country Dynamics
- 9.3.4.2 Germany Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.4.3 Germany Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.4 Germany Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 Germany Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.5 U.K.
- 9.3.5.1 Key Country Dynamics
- 9.3.5.2 U.K. Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.5.3 U.K. Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.5.4 U.K. Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 U.K. Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.6 France
- 9.3.6.1 Key Country Dynamics
- 9.3.6.2 France Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.3.6.3 France Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.6.4 France Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 France Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.2 Asia Pacific Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.3 Asia Pacific Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.4 Asia Pacific Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.4 China
- 9.4.4.1 Key Country Dynamics
- 9.4.4.2 China Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.4.3 China Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.4.4 China Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 China Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.5 India
- 9.4.5.1 Key Country Dynamics
- 9.4.5.2 India Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.5.3 India Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.5.4 India Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 India Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.6 Japan
- 9.4.6.1 Key Country Dynamics
- 9.4.6.2 Japan Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.6.3 Japan Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.4.6.4 Japan Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 Japan Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.5 Central & South America
- 9.5.1 Central & South America Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.2 Central & South America Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.3 Central & South America Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.4 Central & South America Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.4 Brazil
- 9.5.4.1 Key Country Dynamics
- 9.5.4.2 Brazil Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.4.3 Brazil Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.5.4.4 Brazil Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4.5 Brazil Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
- 9.6 Middle East & Africa
- 9.6.1 Middle East & Africa Pressure sensitive adhesives Market Estimates and Forecasts, by Product, 2018 - 2030 (Kilotons) (USD Million)
- 9.6.2 Middle East & Africa Pressure sensitive adhesives Market Estimates and Forecasts, by End-use, 2018 - 2030 (Kilotons) (USD Million)
- 9.6.3 Middle East & Africa Pressure sensitive adhesives Market Estimates and Forecasts, by Technology, 2018 - 2030 (Kilotons) (USD Million)
- 9.2.4 Middle East Pressure sensitive adhesives Market Estimates and Forecasts, by Adhesive Chemistry, 2018 - 2030 (Kilotons) (USD Million)
Chapter 10 Competitive Landscape
- 10.1 Recent Development & Imapct Analysis, By Key Market Participants
- 10.2 Company Categorization
- 10.3 Company Market Share Analysis, 2022
- 10.4 Company Heat Map Analysis
- 10.5 Strategy Mapping
- 10.6 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
- 10.6.1 H.B. Fuller
- 10.6.2 Henkel AG & Co., KGaA
- 10.6.3 Bostik S.A.
- 10.6.4 3M
- 10.6.5 Sika AG
- 10.6.6 Ashland, Inc.
- 10.6.7 Pidilite Industries Ltd.
- 10.6.8 Jubiulant Industries Ltd.
- 10.6.9 Akzo Nobel N.V.
- 10.6.10 Franklin Adhesives & Polymers
- 10.6.11 DowDuPont Inc.