Pressure Sensitive Adhesives Market Worth $16.71 Billion By 2030: Grand View Research, Inc.
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Read 200 page full market research report, "Pressure Sensitive Adhesives Market Size, Share & Trends Analysis Report By Product (Graphic Films, Tapes), By Technology, By Adhesive Chemistry (Acrylic, Rubber), By End-use (Automotive, Packaging), And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Pressure Sensitive Adhesives Market Growth & Trends
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 Segmentation
Grand View Research has segmented the global pressure sensitive adhesives market on the basis of technology, product, end-use, adhesive chemistry, and region:
Pressure Sensitive Adhesives Market - Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Pressure Sensitive Adhesives Market - Chemistry Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Pressure Sensitive Adhesives Market - Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Pressure Sensitive Adhesives Market - End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Pressure Sensitive Adhesives Market - Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
List of Key Players in the Pressure Sensitive Adhesives Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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