Press release
Pressure Sensitive Adhesives Market to grow at 5% CAGR over 2018-2024: 3M, H.B. Fuller, Wacker Chemie, LG Chem, Avery Dennison, Henkel, Sika, Momentive, Evonik, Mapei, Ashland, Bostik, BASF
Pressure Sensitive Adhesives Market in North America value is likely to cross USD 2 billion by 2024. Availability of numerous products and technology types of the market for various industries makes it a more reliable choice in the region.
Pressure Sensitive Adhesives Market was estimated over USD 6 billion in 2017 and will likely surpass USD 9.5 billion by 2024 and the industry will grow by a CAGR of close to 5% up to 2024 ; according to a new research report by Global Market Insights.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2385
Growth drivers
1. Growth in the packaging industry
2. Increasing use of tapes and labels in automotive & transportation sector
3. Ease of application creating a wide acceptance
4. Advancement in PSA tape technologies
Touted as one of the most remarkable value additions to the current product spectrum encompassing the pressure sensitive adhesives market the latest water-based acrylic adhesive developed by Dow Adhesives, the material science division of the leading pressure sensitive adhesives industry giant DowDuPont Inc, is deemed to generate a substantial momentum in the overall business landscape.
An innate vertical of the polymers space, pressure sensitive adhesives market has lately established itself as quite a lucrative business space in the overall adhesives domain. Undeniably, this growth can be credited to the fact that this product is one of the most recognized adhesive due to its ability to generate an instant bond under light pressure without the requirement of any activation provided by solvents, heat, or water.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2385
By Technology
• Water-based
• Solvent-based
• Hot melt
• UV-cured
Product by Application
• Rubber-based
• Acrylic
• Silicone
By Application
• Tapes
• Labels
• Graphics
• Films & Laminates
• Others
By End-user
• Food & Beverage
• Packaging
• Electronics & Laminates
• Medical & Healthcare
• Building & Construction
• Automotive & Transportation
• Others
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Avery Dennison
3. 3M
4. H.B. Fuller
5. Henkel
6. Sika
7. DowDuPont
8. Momentive
9. Wacker Chemie
10. LG Chem
11. Evonik
12. Mapei
13. Ashland
14. Bostik
Silicone is an important product type of the pressure sensitive adhesives market which can withstand extreme temperatures and has chemical resistance. This relatively expensive product is frequently applied to products like glass cloth and aluminum foils so that they are appropriate for extreme temperature applications.
Graphics is an important application section of the pressure sensitive adhesives industry which is expected to develop at a rate of approximately 4.5% during the study period. Graphics consists of signage, vehicle wraps, logos & emblems, carpets & mats, floors etc.
Food & beverage industry is a significant end-user section of the market which is expected to propel at a compound annual growth rate of approximately 5% in the study period. The reason behind the prominence of PSA in food & beverage sector is that certain has adhesives have gained FDA approval to be used as food contact applications like labels and tapes on the food items.
Browse key industry insights from the report, “Pressure Sensitive Adhesives Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pressure-sensitive-adhesives-market
Hot-melt PSA portray environment friendly and fast setting features. These are 100% solid adhesives which are applied in molten state in room temperature to achieve flow and wetting. This technology is widely used in industries including textile lamination, book-binding, construction, woodworking, automotive, electronics, shoemaking, product assembly, packaging, hygiene etc. This technology section of the pressure sensitive adhesives market is likely to propel at a compound annual growth rate approximately 5.4% in the study period.
Some of the key product manufacturing companies of the market include Bostik, Dow Dupont , Evonik Industries, Avery Dennison, Henkel, Arkema, Sika, HB Fuller etc. Large number of small and medium scale local manufacturers are also part of the market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://headlinenewsnation.com
Pressure Sensitive Adhesives Market was estimated over USD 6 billion in 2017 and will likely surpass USD 9.5 billion by 2024 and the industry will grow by a CAGR of close to 5% up to 2024 ; according to a new research report by Global Market Insights.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2385
Growth drivers
1. Growth in the packaging industry
2. Increasing use of tapes and labels in automotive & transportation sector
3. Ease of application creating a wide acceptance
4. Advancement in PSA tape technologies
Touted as one of the most remarkable value additions to the current product spectrum encompassing the pressure sensitive adhesives market the latest water-based acrylic adhesive developed by Dow Adhesives, the material science division of the leading pressure sensitive adhesives industry giant DowDuPont Inc, is deemed to generate a substantial momentum in the overall business landscape.
An innate vertical of the polymers space, pressure sensitive adhesives market has lately established itself as quite a lucrative business space in the overall adhesives domain. Undeniably, this growth can be credited to the fact that this product is one of the most recognized adhesive due to its ability to generate an instant bond under light pressure without the requirement of any activation provided by solvents, heat, or water.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2385
By Technology
• Water-based
• Solvent-based
• Hot melt
• UV-cured
Product by Application
• Rubber-based
• Acrylic
• Silicone
By Application
• Tapes
• Labels
• Graphics
• Films & Laminates
• Others
By End-user
• Food & Beverage
• Packaging
• Electronics & Laminates
• Medical & Healthcare
• Building & Construction
• Automotive & Transportation
• Others
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Avery Dennison
3. 3M
4. H.B. Fuller
5. Henkel
6. Sika
7. DowDuPont
8. Momentive
9. Wacker Chemie
10. LG Chem
11. Evonik
12. Mapei
13. Ashland
14. Bostik
Silicone is an important product type of the pressure sensitive adhesives market which can withstand extreme temperatures and has chemical resistance. This relatively expensive product is frequently applied to products like glass cloth and aluminum foils so that they are appropriate for extreme temperature applications.
Graphics is an important application section of the pressure sensitive adhesives industry which is expected to develop at a rate of approximately 4.5% during the study period. Graphics consists of signage, vehicle wraps, logos & emblems, carpets & mats, floors etc.
Food & beverage industry is a significant end-user section of the market which is expected to propel at a compound annual growth rate of approximately 5% in the study period. The reason behind the prominence of PSA in food & beverage sector is that certain has adhesives have gained FDA approval to be used as food contact applications like labels and tapes on the food items.
Browse key industry insights from the report, “Pressure Sensitive Adhesives Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pressure-sensitive-adhesives-market
Hot-melt PSA portray environment friendly and fast setting features. These are 100% solid adhesives which are applied in molten state in room temperature to achieve flow and wetting. This technology is widely used in industries including textile lamination, book-binding, construction, woodworking, automotive, electronics, shoemaking, product assembly, packaging, hygiene etc. This technology section of the pressure sensitive adhesives market is likely to propel at a compound annual growth rate approximately 5.4% in the study period.
Some of the key product manufacturing companies of the market include Bostik, Dow Dupont , Evonik Industries, Avery Dennison, Henkel, Arkema, Sika, HB Fuller etc. Large number of small and medium scale local manufacturers are also part of the market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://headlinenewsnation.com
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