Anticipated Growth in Revenue:
The Pressure Sensitive Adhesives Market size was valued at USD 1.57 Bn. in 2023 and the total Pressure Sensitive Adhesives revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 2.48 Bn.
Pressure Sensitive Adhesives Market Overview:
Maximize Market Research (MMR) has published a comprehensive analysis of the “Pressure Sensitive Adhesives Market.” Their in-depth market assessments integrate key technical advancements within the industry, covering a range of specialized topics such as high-tech systems and advanced industrial technologies. The report on the Pressure Sensitive Adhesives Market encompasses a detailed competitive landscape, pricing analysis, and crucial insights into pricing trends and demand. It also includes essential business information for a thorough understanding of the market dynamics.
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Pressure Sensitive Adhesives Market Report Scope and Research Methodology:
The Pressure Sensitive Adhesives Market Report delivers a thorough analysis of market dynamics, highlighting emerging trends, drivers, constraints, opportunities, and challenges on both global and regional scales. Conducted by Maximize Market Research, the study involved primary surveys with product dealers, global suppliers, and market participants, and was enriched with insights from a team of subject matter experts closely monitoring the Pressure Sensitive Adhesives Market industry. Utilizing a bottom-up approach, the report estimates the Pressure Sensitive Adhesives Market size and includes information on ongoing development initiatives and key projects in the development phase that may influence the global Pressure Sensitive Adhesives Market positively or negatively. This approach ensures a comprehensive understanding of the market landscape and future projections.
Pressure Sensitive Adhesives Market Dynamics:
The growing popularity of compact and varied designs is driving up demand for flexible and thin screens. The function and intended use of flexible displays set them apart. In the field of electronics, pressure-sensitive adhesives, or PSAs, have become increasingly popular for use in shock absorption, electromagnetic shielding, thermal and electrical conductivity, and optical properties. The foundational substance for the optical performance of the display was optically clear adhesives (OCA). Along with basic OCA characteristics like adhesion strength, transmittance, haze, and reliability, a substrate also needs to have a dielectric constant, gap filling, and anticorrosion properties.
What is the expected growth of Pressure Sensitive Adhesives Market by Chemistry Segmentation?
In 2023, the Acrylic segment led the market and held the biggest market share based on Chemistry. Over the projection period, this segment is anticipated to grow at a compound annual growth rate of 6.3%. Rubber PSAs are not as durable and flexible as acrylic PSAs. Acrylics exhibit remarkable resistance to environmental factors, a rapid drying time, remarkable resilience against oxidation, temperature changes, and ultraviolet radiation, color stability, remarkable anti-aging properties, an excellent blend of cohesiveness and adhesion, remarkable water resistance, and high peel, tack, and shear properties. Over the course of the projection period, the Rubber segment is anticipated to increase at a notable rate. Rubber-based products are frequently made using hot melt and solvent-based processes.
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What is Pressure Sensitive Adhesives Market Segmentation:
by Chemistry
Acrylic
Rubber
Silica
EVA
Others
by Technology
Water-based
Solvent-based
Hot Melt
Radiation
by Application
Labels
Tapes
Graphics
Others
by End-User
Packaging
Electronics
Automotive & Transportation
Medical & Healthcare
Others
Some of the current players in the Pressure Sensitive Adhesives Market are:
1. Henkel AG & Co. KGaA
2. 3M
3. Avery Dennison Corp.
4. H.B. Fuller
5. Arkema Group
6. Sika AG
7. RPM International Inc.
8. LINTEC Corp.
9. Illinois Tool Works Inc.
10.Huntsman Corp.
11.DuPont
12.Wacker Chemie AG
13.Berry Global Inc.
14.Pidilite Industries Ltd.
15.Nan Pao Resins Chemical Co., Ltd.
16.Jowat SE
17.Mactac
18.Ashland Performance Adhesives
19.DELO Industrial Adhesives
20.General Sealants, Inc.
21.The DOW Chemical Company
22.Scapa Group PLC
23.Additional Companies
24.LG Chem
25.SABIC
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Pressure Sensitive Adhesives Market Regional Insights:
The report provides an in-depth regional analysis of the Pressure Sensitive Adhesives Market, examining market drivers, opportunities, limitations, and challenges across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. It highlights the major players in each region and their contributions to overall market growth, offering insights into how regional dynamics impact the global Pressure Sensitive Adhesives Market.
Key questions answered in the Pressure Sensitive Adhesives Market are:
- What are the emerging applications and trends in the Pressure Sensitive Adhesives Market?
- How can recent industry trends be leveraged to create new revenue opportunities in the Pressure Sensitive Adhesives Market?
- What are the key segments within the Pressure Sensitive Adhesives Market?
- Who are the leading companies in the Pressure Sensitive Adhesives Market, and what does their portfolio include?
- What defines Pressure Sensitive Adhesives Market?
- What was the historical market size of Pressure Sensitive Adhesives Market?
- What is the current growth rate of the Pressure Sensitive Adhesives Market?
- What factors are anticipated to drive growth in the Pressure Sensitive Adhesives Market?
- What are the various segments within the Pressure Sensitive Adhesives Market?
- Who are the major players in the Pressure Sensitive Adhesives Market?
- What are the different segments covered in the Pressure Sensitive Adhesives Market?
- What growth strategies are companies pursuing to expand their presence in the Pressure Sensitive Adhesives Market?
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