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Pressure Sensitive Adhesives Market is expected to generate a revenue of USD 16.86 Billion by 2031, Globally, at 3.96% CAGR: Verified Market Research®

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News provided by

Verified Market Research

10 Dec, 2024, 15:30 GMT

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Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, "Pressure Sensitive Adhesives Market Size and Forecast". This groundbreaking report offers a deep dive into one of the most versatile segments of the adhesive industry, essential for sectors including automotive, healthcare, packaging, electronics, and more. As industry players grapple with dynamic consumer demands and technological innovations, this report provides actionable intelligence to stay ahead of the curve.

LEWES, Del., Dec. 10, 2024 /PRNewswire/ -- The Global Pressure Sensitive Adhesives Market Size is projected to grow at a CAGR of 3.96% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 12.72 Billion in 2024 and is expected to reach USD 16.86 Billion by the end of the forecast period.

Key Highlights of the Report:

Market Dynamics: Detailed insights into market drivers, such as the growing demand for lightweight materials and advancements in adhesive technologies.

Segment Analysis: Comprehensive breakdown By Product (Graphic Films, Labels, Tapes), By Technology (Radiation-Cured, Hot Melt, Solvent-Based, Water-Based), and By End-User (Automotive, Construction, Consume).

Regional Insights: Strategic market evaluations across North America, Europe, Asia-Pacific, and emerging economies.

Forecasted Growth: Identification of lucrative opportunities, with the global market projected to grow at a robust CAGR through 2031.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=38266

Browse in-depth TOC on "Global Pressure Sensitive Adhesives Market Size"

202 - Pages
126 – Tables
37 – Figures

Report Scope

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Powerband, and Ester Chemical Industries Pvt. Ltd, Franklin Adhesives & Polymers, Cattie Adhesives, Dyna-Tech Adhesives, Inc., Henkel AG & Co. KGaA, DowDuPont, Arkema (Bostik), Avery Dennison Corporation, 3M

SEGMENTS COVERED

By Product, By Technology, By End-User, and By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope.

Global Pressure Sensitive Adhesives Market Overview

Rising Demand for Flexible Packaging Solutions: The Pressure Sensitive Adhesives Market is expanding rapidly, driven by an increase in demand for flexible packaging in industries such as food & beverages, pharmaceuticals, and e-commerce. Manufacturers are increasingly turning to pressure-sensitive adhesives to satisfy a variety of packaging needs because they provide great bonding and are simple to apply. This trend fuels innovation and expansion potential, establishing adhesive suppliers as strategic partners for packaging leaders.

Shift Towards Sustainable Adhesive Solutions: Growing environmental awareness and severe regulations are pushing the Pressure Sensitive Adhesives Market to use eco-friendly formulations. Adhesive makers are focused on bio-based and solvent-free alternatives, in line with global sustainability aspirations. Companies that use greener solutions have a competitive advantage in customer preference and compliance. This transition not only increases market growth but also creates opportunities for innovation in product creation.

Expansion in Automotive and Electronics Industries: The growing automotive and electronics industries are driving the Pressure Sensitive Adhesives Market, thanks to the adhesives' lightweight qualities and adaptability to sophisticated materials. Pressure-sensitive adhesives provide unparalleled performance and endurance in a variety of applications, including vehicle assembly and electronics encapsulation. As these industries expand globally, adhesive makers are set to capitalize on increasing demand, strengthening income streams and market presence.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=38266

Fluctuations in Raw Material Prices: The pressure sensitive adhesives market faces considerable challenges due to raw material price volatility. Key components, such as petroleum-based polymers, are vulnerable to global supply chain disruptions and geopolitical conflicts. This unpredictability raises production costs, forcing firms to either absorb the expenses or pass them on to end users, thus affecting profit margins and market competitiveness.

Regulatory Compliance Challenges: Stringent rules controlling the use of specific chemicals in adhesive formulations may impede expansion in the Pressure Sensitive Adhesives Market. Compliance with environmental and safety regulations necessitates major investment in R&D and reformulation, which raises industrial complexity. Businesses that fail to adapt risk losing market share, underlining the importance of proactive strategy and innovation in navigating regulatory frameworks.

Intense Market Competition: Alternative bonding technologies, such as hot melt adhesives and mechanical fasteners, pose a significant challenge to the Pressure Sensitive Adhesives Market. Furthermore, the fragmented nature of the industry causes pricing pressures, restricting profitability for smaller firms. To remain competitive, businesses must differentiate themselves via quality, innovation, and specialized solutions, emphasizing the significance of strategic positioning and value generation.

Geographical Dominance

The Pressure Sensitive Adhesives Market is strongly concentrated in Asia-Pacific, driven by increasing industrialization, rising automobile production, and expansion in the packaging and electronics industries. China and India lead demand due to their massive manufacturing bases and rising consumer goods consumption. This dominance stimulates market growth through high-volume demand and cost-effective manufacturing capabilities, placing the region as a hub of research and investment in adhesive technology.

Key Players

The "Global Pressure Sensitive Adhesives Market" study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Powerband, and Ester Chemical Industries Pvt. Ltd, Franklin Adhesives & Polymers, Cattie Adhesives, Dyna-Tech Adhesives, Inc., Henkel AG & Co. KGaA, DowDuPont, Arkema (Bostik), Avery Dennison Corporation, 3M.

Global Pressure Sensitive Adhesives Market Segment Analysis

Based on the research, Verified Market Research has segmented the market into Product, Technology, End-User, and Geography.

  • Pressure Sensitive Adhesives Market, by Product
    • Graphic Films
    • Labels
    • Tapes
  • Pressure Sensitive Adhesives Market, by Technology
    • Radiation-Cured
    • Hot Melt
    • Solvent-Based
    • Water-Based
  • Pressure Sensitive Adhesives Market, by End-User
    • Automotive
    • Construction
    • Consumer Goods
  • Pressure Sensitive Adhesives Market, by Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Global Adhesive Tapes Market Size By Type (Pressure-Sensitive, Water-Activated), Resin (Acrylic, Rubber), Base Material (Paper, Cloth, Plastic), End-User (Labeling, Automotive, Healthcare), By Geography, And Forecast

Global Aerospace Adhesives And Sealants Market Size By Product Type (Adhesives, Sealants), By Resin Type (Epoxy, Silicone), By End-User (Commercial Aviation, Military And Defense), By Geography, And Forecast

Global Construction Adhesives Market Size By Resin Type (Acrylic, Epoxy), By Technology (Water-based, Solvent-based), By Application (Residential, Commercial), By Geography, And Forecast

Global MS Polymer Adhesives Market Size by Product Type (Single-Component, Multi-Component), By Application (Construction, Automotive, Packaging), By End-Use Industry (Residential, Commercial, Industrial), By Technology (Solvent-Based, Water-Based, Hot-Melt), By Geography, And Forecast

Top Hot-Melt Adhesives Manufacturers gluing the industries together

Visualize Pressure Sensitive Adhesives Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR's domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis covers over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR's dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

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