Industry Experts, Inc. released an updated 2019 version of the global market report on Pressure Sensitive Adhesives (PSAs). The new report entitled "Global Pressure Sensitive Adhesives (PSA) Market – Technologies, Chemistries and Applications" reveals that the medical applications of PSAs represent the fastest growing segment globally, which is forecast to register CAGRs of 9% during the forecast period reaching 170 thousand metric tons by 2025.
Pressure Sensitive Adhesive (PSA) is a viscous material that remains permanently tacky and bonds two surfaces together by applying slight pressure. No solvent, water, or heat is required to activate the adhesive. Pressure sensitive adhesives (PSAs) have been accepted across wide variety of industries and applications due to their ability to generate an instantaneous bond using light pressure.
Water-based adhesives are the leading segment in the global PSA market at 1.6 million metric tons in 2019, which is forecast to register a CAGR of 5% during 2019 to 2025 analysis period to reach 2.1 million metric tons by 2025. Asia-Pacific is the largest region for the global pressure sensitive adhesives market estimated at 1.6 million metric tons in 2019 and the region is also forecast to lead the growth of global PSA market at a 2019 to 2025 CAGR of 6.1%.
The report reviews, analyzes and projects the Pressure Sensitive Adhesives (PSA) market for the period 2016-2025 in terms of volume in metric tons as well as value in USD. Pressure sensitive adhesive technologies analyzed in this study include solvent-based, water-based, hot-melts and radiation (UV/EB) cured. The report explores the pressure sensitive adhesives market with respect to adhesive chemistries segmented into acrylic, rubber, silicone and others. The study also analyzes the pressure sensitive adhesives market by application comprising tapes, labels, graphics, medical and others.
The global market for Pressure Sensitive Adhesives (PSAs) is segmented, for the purpose of this study, into five major geographic regions namely including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 15 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain, the United Kingdom and Rest of Europe; Asia-Pacific – China, India, Japan, South Korea and Rest of Asia-Pacific; and South America – Brazil, Argentina and Rest of South America.
This global pressure sensitive adhesives (PSA) market report includes 154 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. This report profiles 22 key global players and 78 major players across the North America – 24; Europe – 12; Asia-Pacific – 39; South America – 1; and Rest of World – 2. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of pressure sensitive adhesives as well as pressure sensitive adhesives downstream products. The global list of companies covers addresses, contact numbers and the website addresses of 442 companies.
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