An adhesive that is chemically bonded, when pressure is applied to affix the adhesive with adherent is termed as a pressure sensitive adhesive. Furthermore, no heat or water is required to activate such adhesive. Besides this, the adhesive is mainly used in pressure sensitive note pads, tapes, automobile trims and an array of other products.
The increasing demand for commodities as well as appliances worldwide has influenced market growth across several countries. Application of PSA or pressure sensitive adhesive in manufacturing graphics, label and more has enabled the market generate huge profits. On the other hand, notable growth in the automobile sector in countries such as China and India is expected to create greater opportunities in next five to six years. Moreover, strong government support for foreign direct investment as well as less political intervention would open new avenues for the pressure sensitive adhesives market.
The pressure sensitive adhesive market is segmented based on technology, application and geography. Technology assessed in the market research report include radiation, water based, hot melt and solvent based. Application discussed in the report are medical tapes, labels, graphics, industrial tapes and specialty tapes. Regions such as North America, Europe, Asia -Pacific and LAMEA are expected to witness tremendous growth.
The major market players active in the pressure sensitive adhesive market are 3M, Bostik SA, Avery Dennison, H.B Fuller, Henkel AG and Company KGAA, Dow Corning, The Dow Chemical Company, Novamelt Americas LLC and Collano Adhesives AG
KEY BENEFITS FOR STAKEHOLDERS
- The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
- The study further drills down to produce data volume by components, end customers and demography.
- SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
- Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
- The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
- Study further weigh up on the prominent market players and their business strategies to maintain their position.
- Assessment of upstream and downstream market also forms an important part of the report.
KEY MARKET SEGMENTSBy Technology
- Water Based
- Hot Melt
- Solvent Based
- By Application
- Medical Tapes
- Industrial Tapes
- Specialty Tapes
- North America
- Bostik SA
- Avery Dennison
- H.B Fuller
- Henkel AG and Company KGAA
- Dow Corning
- The Dow Chemical Company
- Novamelt Americas LLC
- Collano Adhesives AG