Pressure Sensitive Adhesives Market Size, Share, Trends, Growth and Forecast 2032

Global Pressure Sensitive Adhesives Market Insights

Zion Market Research has published a report on the global Pressure Sensitive Adhesives Market, estimating its value at USD 13.26 Billion in 2023, with projections indicating that it will reach USD 19.34 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.28% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Pressure Sensitive Adhesives industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Global Pressure Sensitive Adhesives Market: Overview

Pressure sensitive adhesives are also known as self-stick adhesives, PSA, and self-adhesive. They are applied on the adherend surfaces with pressure in order to join them together. PSA do not require water, solvent, or heat to activate the adhesive to hold the adherend. Pressure sensitive adhesives are used in a variety of products such as labels, pressure-sensitive tapes, automobile trim, glue dots, notepads, and others. The degree of the bond depends on the amount of pressure applied during adhesion. The smoothness of surface, contaminant free, surface energy, and other factors play an essential role for proper bonding. They are designed in such a way that they can hold the bond appropriately even at room temperatures. PSAs are used in masking tapes, surface protection films, price marking labels, promotional graphics, bookmark and note papers, foil tape for HVAC duct, safety labels for power equipment, automotive interior trim assembly, and others.

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Global Pressure Sensitive Adhesives Market: Growth Factors

Development in the electronics and automotive industries is the major driving factor for the global pressure sensitive adhesives market. Worldwide demand for the automotive applications and miniaturization of electronic devices also influence the growth of pressure sensitive adhesives market. Cost-effective labeling and packaging applications in the packaging industries and improvement in the inventory management anticipates propelling the growth of pressure sensitive adhesives market. Increasing use of RFID labels for tracking of the inventory and security at locations such as airports, seaports, companies, and shopping malls also contribute to the demand for the pressure sensitive adhesives.

Global Pressure Sensitive Adhesives Market: Segmentation

The global pressure sensitive adhesives market is categorized into the application, product, technology, chemistry, and end-use industry. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The application segment is classified into labels, tapes, graphics, specialty, and others. The product segment is segregated into radiation cured, water-based, hot melt, solvent-based and others.

Based on technology, the global market is divided into the hot melt, radiation, solvent based, and water based.

On the basis of chemistry, the global pressure sensitive adhesives market is segmented into EVA, acrylic, silicone, rubber, and others.

Furthermore, the end-use industry is further classified into building & construction, electronics, electrical & telecommunication, medical & healthcare, packaging, automotive & transportation, and others.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Pressure Sensitive Adhesives Market: Report Scope

Global Pressure Sensitive Adhesives Market: Regional Analysis

Asia Pacific contributed for the largest market share due to rapid urbanization, strong economic growth, and the increased demand from the automotive and electronics sector from the countries such as China, India, Japan and South Korea. North America and Europe are the major regions where the demand for the pressure sensitive adhesives is growing at a fast rate owing to its development and improvement in the technology and automobile industries. The growing international trade between Brazil, Venezuela Colombia, Argentina and other Latin American countries augments to give rise to the growth of pressure sensitive adhesives market in the region.

Global Pressure Sensitive Adhesives Market: Competitive Players

The major market players in the global pressure sensitive adhesives market include-

• Novamelt Americas LLC
• 3M
• Collano Adhesives AG
• Henkel AG and Company KGAA
• The Dow Chemical Company
• Avery Dennison
• Bostik SA
• Dow Corning
• H.B Fuller.

This report segments the Global Pressure Sensitive Adhesives Market as follows:

Global Pressure Sensitive Adhesives Market: The Application Analysis

• Labels 
• Tapes
• Graphics 
• Specialty And Others

Global Pressure Sensitive Adhesives Market:  The Product Segment Analysis

• Radiation Cured
• Water-based, Hot Melt
• Solvent-based And Others

Global Pressure Sensitive Adhesives Market: Based On Technology Analysis

• Hot Melt
• Radiation
• Solvent Based
• Water Based

Global Pressure Sensitive Adhesives Market: On The Basis Of Chemistry Analysis

• EVA
• Acrylic
• Silicone 
• Rubber And Others

Global Pressure Sensitive Adhesives Market: The End-use Industry Analysis

• Building & Construction
• Electronics
• Electrical & Telecommunication
• Medical & Healthcare
• Packaging
• Automotive & Transportation And Others

Global Pressure Sensitive Adhesives Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.