DUBLIN, June 25, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/hfnjr3/pressure) has announced the addition of the "Pressure Sensitive Adhesives Market by Technology Types, by Applications, and by Region - Global Trends & Forecasts to 2020" report to their offering.
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Pressure sensitive adhesives: A projected value of $8,501.06 Million by 2020, signifying an annualized growth of 6.15% between 2015 and 2020.
The PSA market witnessed a significant growth in the recent years, and this growth is projected to persist in the coming years. PSA are those which form bonds under applied pressure. Water or heat is not required to apply the adhesive. PSA occupy the largest market share in the adhesives business. They are either permanent or removable and can match with a variety of substrates. The major materials used in formulating PSA are acrylics, silicone, and rubber. Other formulations include polyurethane, vinyl acetate, epoxy, and SBS. In terms of end-use applications, the major markets for PSA are tapes and labels, while graphics accounts for a small amount of market share.
Currently, Asia-Pacific is the biggest market of PSA, accounting for nearly 55.07% of the total market size in terms of value in 2014. Among all the countries, China dominates the pressure sensitive adhesives market, which accounted for the maximum market share in 2014 followed by the U.S. Water-based PSA is the largest used technology in manufacturing of PSA. The matured European market has comparatively below average market growth in terms of consumption. The European PSA market is expected to show the lowest CAGR of 2.61% between 2015 and 2020.
On the basis of applications, the PSA market is further categorized into industrial tapes, specialty tapes, medical tapes, labels, graphics, and others. The growth in applications is primarily driven by growing demand from the Asia-Pacific region particularly from China.
The major players of PSA include 3M (U.S.), Avery Dennison (U.S.), Ashland Inc. (U.S.), H.B. Fuller Co. (U.S.), The Dow Chemical Company (U.S.), Henkel Ag (Germany), Dow Corning (U.S.), Collano Adhesives AG (Switzerland), Novamelt (U.S.) and Bostika S.A.(France).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Pressure Sensitive Adhesives Market, By Technology
8 PSA Market, By Application
9 Pressure Sensitive Adhesives Market, By Region
10 Competitive Landscape
11 Company Profiles
- Ashland Inc.
- Avery Dennison
- Bostik SA
- Collano Adhesives AG
- DOW Corning
- H.B. Fuller Co.
- Henkel AG & Company KGAA
- Novamelt Americas LLC
- The DOW Chemical Company
For more information visit http://www.researchandmarkets.com/research/hfnjr3/pressure
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets