Pressure Sensitive Adhesives Market Projected to Reach US$ 12831 million by 2025

According to Market Study Report, Pressure Sensitive Adhesives Market provides a comprehensive analysis of the Pressure Sensitive Adhesives Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Global Pressure Sensitive Adhesives Market size is expected to grow from USD 9,590 Million in 2020 to USD 12,831 Million by 2025, at a CAGR of 6.0% between 2020 and 2025.

Top Key Players Profiled in the Pressure Sensitive Adhesives Market:

  • Henkel AG & Company KGAA (Germany)
  • The Dow Chemical Company (US)
  • Avery Dennison Corporation (US)
  • B. Fuller (US)
  • 3M Company (US)
  • Arkema Group (France)
  • Sika AG (Switzerland)
  • Scapa Group PLC (UK)
  • Ashland Inc. (US)

“Based on chemistry, the acrylic PSA segment is expected to lead the pressure sensitive adhesives market during the forecast period.”

Based on chemistry, the acrylic PSA chemistry segment accounted for the largest share of the pressure sensitive adhesives market in 2019, in terms of both volume and value. Acrylic PSAs are widely used in the automotive industry, which is one of the leading industries in various parts of the world, especially in the countries of APAC. China, Japan, and India are among the top producers of automotive in the world and have held top positions for many years.

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“Based on technology, the water-based segment is expected to lead the pressure sensitive adhesives market during the forecast period.”

The water-based segment is projected to lead the pressure sensitive adhesives industry during the forecast period, in terms of volume and value. Due to their environmental-friendly nature, the safety associated with their use, and their cost-effectiveness, PSAs manufactured using the water-based technology dominated the market globally.

“Based on application, the tapes segment is expected to lead the pressure sensitive adhesives market during the forecast period.”

The tapes application segment is projected to lead the pressure sensitive adhesives market during the forecast period, in terms of both volume and value. Pressure-sensitive adhesive tapes are used in the construction of all types of equipment and are invaluable for holding and positioning conductors, preventing relative movement, identification of parts, and exclusion of moisture.

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