Pressure Sensitive Adhesives Market Industry, Forecast and Outlook (2024-2031)

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Market Overview

Pressure Sensitive Adhesives Market Expected to Reach a High CAGR of 5.5% By 2031

Pressure-sensitive adhesives (PSAs), also known as self-stick adhesives, bond two surfaces—whether similar or dissimilar—through surface contact when pressure is applied. These adhesives do not require heat, solvents, or water to activate their holding force, making them versatile for various materials. PSAs remain tacky and do not harden, allowing them to adapt to surfaces and provide a permanent bond. Their widespread popularity is driven by their versatility, expanding use in tapes and labels, and growing demand in the APAC region, all contributing to market growth.

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Market Growth Trends

The enhanced characteristics of pressure-sensitive adhesives in packaging drive the market.

Pressure-sensitive adhesives are ideal for label applications due to their versatility, affordability, and enhanced performance. Acrylic PSAs, being polar, adhere effectively to polar substrates such as metals, glass, polyesters, polycarbonates, and neoprene. Flexible packaging offers a cost-effective solution for packaging, distributing, and preserving food, pharmaceuticals, beverages, and other products with extended shelf lives.

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Market is segmented

Pressure Sensitive Adhesives Market is segmented

By Type:  Solvent-Based, Water-Based, Radiation, Hot Melt

By Resin:  Silicones, Acrylics, Elastomers, Others

By Application:  Tapes, Labels, Graphics, Others

By End-User:  Packaging, Automotive & Transportation, Medical & Healthcare, Electronics & Laminates, Building & Construction, Others

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         3M Company 

·         Arkema Group 

·         Ashland Inc. 

·         DuPont 

·         Mapei SPA 

·         Huntsman Corporation 

·         Master Bond 

·         C.L. Smith 

·         SIKA AG 

·         Pidilite Industries Ltd.

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