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The high demand of pressure-sensitive adhesives (PSAs) in the automotive, electronics and packaging materials industry is a major factor driving the growth of the global pressure sensitive adhesives market. Reduction of electronic devices, increased adoption of radio frequency identification (RFID) labels for better inventory management, increasing demand for low emission and light weight automotives, flexible packaging materials and low cost of PSAs are some of the major opportunities in the pressure sensitive adhesives market.

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The global pressure sensitive adhesives market can be categorized on the basis of product type, applications and regions. Based on product type, the global pressure sensitive adhesives has been divided into water based PSA, solvent based PSA, hot melt PSA and radiation cured PSA. Based on application, the global pressure sensitive adhesives market can be classified as industrial tapes, specialty tapes, medical tapes, labels, graphics and others. Globally, tapes are the largest end-use application segment of pressure sensitive adhesives in terms of volume demand. Among various pressure sensitive adhesives by product type, water based PSAs dominated the global pressure sensitive adhesives market by holding more than 60% of the market share in 2014.

Pressure sensitive adhesives (PSAs) are non-metallic materials used to bond different materials, mainly on their surface, through cohesion and adhesion. Heat or water is not required to apply the adhesive. The adhesives occupy the largest market share in the adhesives business. Pressure sensitive adhesives can match with a variety of substrates and are either permanent or removable. Silicone, acrylics and rubber are the major materials used in formulating pressure sensitive adhesives. Some other PSA formulations include epoxy, polyurethane, vinyl acetate, styrene butadiene styrene (SBS), and so on. In terms of end-use applications, the main markets for pressure sensitive adhesives are labels and tapes, while graphics hold a lesser amount of market share. The water based resins market undergoes enormous use of labels. Labels are used widely in pharmaceuticals, cosmetics, food and medical packaging, commodities, general purpose products, and so on.

The pressure sensitive adhesives market has been dominated by Asia-Pacific followed by North America in terms of volume. The countries in Asia-Pacific region do not have strict rules and regulations with respect to VOC emissions, due to which, the solvent-based technologies are growing rapidly in these markets. Further, more than half of the total water-based resin demand comes from China which makes it a key market in the Asia-Pacific region; Japan is experiencing steady growth in the global PSA market. The demand for commodities and appliances in the Asia-Pacific region is huge, which is the key driving factor for the PSAs market in applications such as tapes, labels, graphics, and so on etc. The automobile industry continues to grow fast in Asia-Pacific markets, such as China and India, which influences the demand of tapes for automobile applications.

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3M, Avery Dennison Corporation, Ashland, H.B. Fuller, The Dow Chemical Company, Dow Corning Corporation, Collano Adhesives, and Bostika are some of the major competitors in the global pressure sensitive adhesives market. Some of the other competitors in the pressure sensitive adhesives market are Drytac Europe Limited, Franklin International, Inc., Henkel AG & Co. KGaA, Jesons Industries Limited, Momentive, Novamelt Americas LLC, Scapa Group Plc, Shanghai Jaour Adhesive Products Co., Ltd Adhesives Products Inc and TOYO INK SC HOLDINGS CO., LTD.

Report Coverage

    Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
    Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
    Uncovers potential demands in the market
    Porter analysis identifies competitive forces within the market
    Provides information on the historical and current market size and the future potential of the market
    Provides sizes of key regional markets using yardsticks of segments, applications, and segments of applicationsghts the competitive scenario of the market, major competitors, and benchmarking
    Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.


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