This study analyses the use of pressure sensitive adhesives (PSAs) across various applications. PSAs are non-reactive. These adhesives do not require heat, water, or any solvent for activation and are designed to form a bond at room temperature when pressure is applied at the time of installation. However, at lower temperatures, these adhesives tend to lose their tack, and at higher temperatures, they show reduced shear holding ability. PSAs are usually coated on backing materials and used in various forms.
This study discusses the dynamics across the following end-application segments: packaging, automotive, building and construction (B&C), medical and hygiene (M&H) and others (e.g., electrical & electronics (E&E), white goods, road marking and signage, aerospace, paper and printing, and sports equipment). The study also analyses the various product forms in which PSAs are made available for customers, namely tapes, labels, films, graphics and laminates. The aim is to highlight the growth opportunities in each product segment across various end applications. Chemistry analysis and technology analysis are two other important aspects of the study. The chemistries discussed include acrylics, rubber, silicones, and others (e.g., polyesters, polyolefins, and polyurethanes). Water-borne, solvent-borne, hotmelt, and UV curable PSAs are the key technologies discussed.
The Impact of the Top 3 Strategic Imperatives
Transformative Megatrends
Why
- Increased eCommerce in the packaging industry, vehicle electrification in transportation markets, miniaturization in the electrical and electronics (E&E) industry, and wearable electronics in the medical industry are some of the important megatrends impacting the demand for PSAs in respective end industries.
- These trends demand PSA solutions that help end industries with their design needs and performance requirements.
Frost Perspective
- PSA formulators and resin manufacturers must understand the evolving trends in end applications to develop suitable PSA formulations to help converters, brand owners, original equipment manufacturers (OEMs), and other value chain stakeholders use PSAs efficiently.
- Ease of application, processability, on-demand reworkability, and residue-free removal of adhesives are among the crucial aspects that formulators must focus on during the forecast period to keep pace with evolving end-industry demands.
Disruptive Technologies
Why
- Adhesive application automation is a noteworthy trend, as customers across end industries are looking to speed up the application of adhesives and improve application precision.
- Adhesives must offer flexibility to cater to manual and automated/robotic adhesive applications.
- Increased focus on recycling components/materials in the packaging and automotive industries has led to the need for on-demand adhesive debondability.
Frost Perspective
- Reparability in E&E and resealability in packaging applications are enhancing adhesive characteristics, requiring formulations to be capable of enabling media debonding/detaching when necessary.
- Developing functional formulations will be crucial for PSA manufacturers to remain competitive.
Industry Convergence
Why
- The adhesive market is expanding to include stakeholders from various ancillary markets to provide enabling technologies for the formulation, conversion, and application of adhesives.
- The use of radiation cure technologies, such as infrared and ultraviolet (UV), will accelerate, and these technology providers will gain significance in the PSA landscape.
- Companies that specialize in lamination, films, and graphics will increasingly look to introduce innovative solutions for various end industries.
Frost Perspective
- PSA formulators working closely with these technology providers will become increasingly important for developing sophisticated products and remaining competitive.
- Close collaboration with converters will help PSA manufacturers develop flexible adhesives that speed up conversion processes and facilitate effective resource use. Collaboration with brand owners and OEMs will be important to gain insight into development with evolving market dynamics.
Segmentation
Global PSA Market by Application (Primary Segmentation)
- Packaging
- Automotive
- Building & Construction (B&C)
- Medical & Hygiene (M&H)
- Others*
Subsegments
- By Chemistry
- Acrylics
- Rubbers
- Silicones
- Others
By Product Forms
- Tapes
- Labels
- Others*
By Technology
- Water-based
- Solvent-based
- Hot-melt PSAs (HMPSAs)
- UV Curable
Competitive Environment
| Category | Details |
| Number of Competitors | More than 70 |
| Competitive Factors | Sustainable formulations and adhesives that facilitate rapid production |
| Key End-user Industry Verticals | Packaging, automotive, construction, M&H, and other verticals |
| Leading Competitors | Henkel AG & Co. KGaA, 3M Company, Avery Dennison Corporation, Sika AG, H.B. Fuller Company |
| Revenue Share of Top 5 Competitors | 50.1% |
| Other Notable Competitors | Arkema (Bostik), KLEIBERIT SE & CO. KG, Wacker Chemie AG, Cattie Adhesives, Applied Adhesives, Artience Co. Ltd., Savare Specialty Adhesives LLC, Silsource Inc., The Dow Chemical Company, Dyna-Tech Adhesives, Elkem ASA, Jowat SE, Tesa SE, and other small and regional market participants |
| Distribution Structure | Direct sales and distributors |
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Pressure Sensitive Adhesive (PSA) Industry
Scope of Analysis
Geographic Scope
Segmentation
Key Questions This Study Will Answer
List of Companies
Value Chain Analysis
Value Chain Analysis (continued)
Value Chain Analysis (continued)
Key Sustainability Trends
Packaging and Packaging Regulations
Competitive Environment
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Revenue and Volume Forecast
Revenue Forecast by Application
Volume Forecast by Application
Revenue Forecast by Region
Volume Forecast by Region
Revenue, Volume, Regional, and Application Analysis
Volume Forecast by Product Type
Analysis by Product Type—PSAs on Labels
Analysis by Product Type—PSAs on Labels (continued)
Analysis by Product Type—Graphics and Specialty Films
Analysis by Product Type—Adhesive Laminates
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Analysis by Chemistry and Technology (continued)
Analysis by Chemistry and Technology (continued)
Pricing Trends and Forecast Analysis
Pricing Trends and Analysis
Revenue Share
Revenue Share Analysis
Revenue Share Analysis (continued)
Segment Overview and Introduction
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Forecast Analysis (continued)
Revenue Forecast by Region
Volume Forecast by Region
Regional Analysis
Volume Forecast by Product Type
Analysis by Product Type—Tapes
Analysis by Product Type—Labels
Analysis by Product Type—Labels (continued)
Analysis by Product Type—Labels (continued)
Analysis by Product Type—Labels (continued)
Analysis by Product Type—Labels (continued)
Analysis by Product Type—Laminating Adhesives
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Segment Overview and Introduction
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Forecast Analysis (continued)
Revenue Forecast by Region
Volume Forecast by Region
Revenue and Volume Analysis by Region
Volume Forecast by Product Type
Analysis by Product Type—Tapes
Analysis by Product Type—Labels
Analysis by Product Type—Films, Laminates, and Graphics
Analysis by Product Type—Films, Laminates, and Graphics (continued)
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Segment Overview and Introduction
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Volume and Revenue Forecast by Region
Volume Forecast by Product Type
Analysis by Product Type—Tapes
Analysis by Product Type—Laminates, Films, and Graphics
Analysis by Product Type—Laminates, Films, and Graphics (continued)
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Segment Overview and Introduction
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Forecast Analysis (continued)
Revenue Forecast by Region
Volume Forecast by Region
Analysis by Region
Volume Forecast by Product Type
Analysis By Product Type—Tapes
Analysis By Product Type—Labels
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Analysis by Chemistry and Technology (continued)
Segment Overview and Introduction
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Forecast Analysis (continued)
Forecast Analysis (continued)
Revenue Forecast by Region
Volume Forecast by Region
Analysis by Region
Volume Forecast by Product Type
Analysis by Product Type
Volume Forecast by Chemistry
Volume Forecast by Technology
Analysis by Chemistry and Technology
Analysis by Chemistry and Technology (continued)
Growth Opportunity 1: Sustainability and Safety
Growth Opportunity 1: Sustainability and Safety (continued)
Growth Opportunity 2: Technology Providers
Growth Opportunity 2: Technology Providers (continued)
Growth Opportunity 3: Automation and Debonding Trends
Growth Opportunity 3: Automation and Debonding Trends (continued)
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Figures- PSA Market: Value Chain Analysis, Global, 2023
- PSA Market: Growth Metrics, Global, 2023
- PSA: Growth Drivers, Global, 2024–2030
- PSA Market: Growth Restraints, Global, 2024–2030
- PSA Market: Revenue and Volume Forecast, Global, 2020–2030
- PSA Market: Revenue Forecast by Application, Global, 2020–2030
- PSA Market: Volume Forecast by Application, Global, 2020–2030
- PSA Market: Revenue Forecast by Region, Global, 2020–2030
- PSA Market: Volume Forecast by Region, Global, 2020–2030
- PSA Market: Volume Forecast by Product Type, Global, 2020–2030
- PSA Market: Volume Forecast by Chemistry, Global, 2020–2030
- PSA Market: Volume Forecast by Technology, Global, 2020–2030
- PSA Market: Average Price Forecast, Global, 2020–2030
- PSA Market: Revenue Share of Top Participants, Global, 2023
- PSA in Packaging: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030
- PSAs in Packaging: Growth Metrics, Global, 2023
- PSA in Packaging: Revenue and Volume Forecast, Global, 2020–2030
- PSAs in Packaging: Revenue Forecast by Region, Global, 2020–2030
- PSAs in Packaging: Volume Forecast by Region, Global, 2020–2030
- PSAs in Packaging: Volume Forecast by Product Type, Global, 2020–2030
- PSAs in Packaging: Volume Forecast by Chemistry, Global, 2020–2030
- PSAs in Packaging: Volume Forecast by Technology, Global, 2020–2030
- PSAs in Automotive: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030
- PSAs in Automotive: Growth Metrics, Global, 2023
- PSAs in Automotive: Revenue and Volume Forecast, Global, 2020–2030
- PSAs in Automotive: Revenue Forecast by Region, Global, 2020–2030
- PSAs in Automotive: Volume Forecast by Region, Global, 2020–2030
- PSAs in Automotive: Volume Forecast by Product Type, Global, 2020–2030
- PSAs in Automotive: Volume Forecast by Chemistry, Global, 2020–2030
- PSAs in Automotive: Volume Forecast by Technology, Global, 2020–2030
- PSAs in B&C: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030
- PSAs in B&C: Growth Metrics, Global, 2023
- PSAs in B&C: Revenue and Volume Forecast, Global, 2020–2030
- PSAs in B&C: Revenue Forecast by Region, Global, 2020–2030
- PSAs in B&C: Volume Forecast by Region, Global, 2020–2030
- PSAs in B&C: Volume Forecast by Product Type, Global, 2020–2030
- PSAs in B&C: Volume Forecast by Chemistry, Global, 2020–2030
- PSAs in B&C: Volume Forecast by Technology, Global, 2020–2030
- PSAs in M&H: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030
- PSAs in M&H: Growth Metrics, Global, 2023
- PSAs in M&H: Revenue and Volume Forecast, Global, 2020–2030
- PSAs in M&H: Revenue Forecast by Region, Global, 2020–2030
- PSAs in M&H: Volume Forecast by Region, Global, 2020–2030
- PSAs in M&H: Volume Forecast by Product Type, Global, 2020–2030
- PSAs in M&H: Volume Forecast by Chemistry, Global, 2020–2030
- PSAs in M&H: Volume Forecast by Technology, Global, 2020–2030
- PSAs in Other Applications: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030
- PSAs in Other Applications: Growth Metrics, Global, 2023
- PSA in Other Applications: Revenue and Volume Forecast, Global, 2020–2030
- PSAs in Other Applications: Revenue Forecast by Region, Global, 2020–2030
- PSAs in Other Applications: Volume Forecast by Region, Global, 2020–2030
- PSAs in Other Applications: Volume Forecast by Product Type, Global, 2020–2030
- PSAs in Other Applications: Volume Forecast by Chemistry, Global, 2020–2030
- PSAs in Other Applications: Volume Forecast by Technology, Global, 2020–2030
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This study analyses the use of pressure sensitive adhesives (PSAs) across various applications. PSAs are non-reactive. These adhesives do not require heat, water, or any solvent for activation and are designed to form a bond at room temperature when pressure is applied at the time of installation. However, at lower temperatures, these adhesives tend to lose their tack, and at higher temperatures, they show reduced shear holding ability. PSAs are usually coated on backing materials and used in various forms.
This study discusses the dynamics across the following end-application segments: packaging, automotive, building and construction (B&C), medical and hygiene (M&H) and others (e.g., electrical & electronics (E&E), white goods, road marking and signage, aerospace, paper and printing, and sports equipment). The study also analyses the various product forms in which PSAs are made available for customers, namely tapes, labels, films, graphics and laminates. The aim is to highlight the growth opportunities in each product segment across various end applications. Chemistry analysis and technology analysis are two other important aspects of the study. The chemistries discussed include acrylics, rubber, silicones, and others (e.g., polyesters, polyolefins, and polyurethanes). Water-borne, solvent-borne, hotmelt, and UV curable PSAs are the key technologies discussed.--BEGIN PROMO--
Key Issues Addressed
- How does the PSA value chain work?
- What are the primary drivers and restraints for PSAs?
- How big is the PSA market in volume and revenue terms, and which applications present growth opportunities?
- How are end-market dynamics impacting PSA adoption and demand? How are regional trends affecting the PSA market?
- What are the dynamics within major PSA chemistries, technologies, and product forms?
- How do companies in the PSA landscape rank against each other and what are the major competitive aspects?
Author: Soundarya Gowrishankar
| Deliverable Type | Market Research |
|---|---|
| Author | Soundarya Gowrishankar |
| Industries | Chemicals and Materials |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Pressure-Sensitive Adhesive Market |
| Keyword 2 | Adhesive Industry Growth |
| Keyword 3 | Adhesive Trends |
| List of Charts and Figures | PSA Market: Value Chain Analysis, Global, 2023~ PSA Market: Growth Metrics, Global, 2023~ PSA: Growth Drivers, Global, 2024–2030~ PSA Market: Growth Restraints, Global, 2024–2030~ PSA Market: Revenue and Volume Forecast, Global, 2020–2030~ PSA Market: Revenue Forecast by Application, Global, 2020–2030~ PSA Market: Volume Forecast by Application, Global, 2020–2030~ PSA Market: Revenue Forecast by Region, Global, 2020–2030~ PSA Market: Volume Forecast by Region, Global, 2020–2030~ PSA Market: Volume Forecast by Product Type, Global, 2020–2030~ PSA Market: Volume Forecast by Chemistry, Global, 2020–2030~ PSA Market: Volume Forecast by Technology, Global, 2020–2030~ PSA Market: Average Price Forecast, Global, 2020–2030~ PSA Market: Revenue Share of Top Participants, Global, 2023~ PSA in Packaging: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030~ PSAs in Packaging: Growth Metrics, Global, 2023~ PSA in Packaging: Revenue and Volume Forecast, Global, 2020–2030~ PSAs in Packaging: Revenue Forecast by Region, Global, 2020–2030~ PSAs in Packaging: Volume Forecast by Region, Global, 2020–2030~ PSAs in Packaging: Volume Forecast by Product Type, Global, 2020–2030~ PSAs in Packaging: Volume Forecast by Chemistry, Global, 2020–2030~ PSAs in Packaging: Volume Forecast by Technology, Global, 2020–2030~ PSAs in Automotive: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030~ PSAs in Automotive: Growth Metrics, Global, 2023~ PSAs in Automotive: Revenue and Volume Forecast, Global, 2020–2030~ PSAs in Automotive: Revenue Forecast by Region, Global, 2020–2030~ PSAs in Automotive: Volume Forecast by Region, Global, 2020–2030~ PSAs in Automotive: Volume Forecast by Product Type, Global, 2020–2030~ PSAs in Automotive: Volume Forecast by Chemistry, Global, 2020–2030~ PSAs in Automotive: Volume Forecast by Technology, Global, 2020–2030~ PSAs in B&C: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030~ PSAs in B&C: Growth Metrics, Global, 2023~ PSAs in B&C: Revenue and Volume Forecast, Global, 2020–2030~ PSAs in B&C: Revenue Forecast by Region, Global, 2020–2030~ PSAs in B&C: Volume Forecast by Region, Global, 2020–2030~ PSAs in B&C: Volume Forecast by Product Type, Global, 2020–2030~ PSAs in B&C: Volume Forecast by Chemistry, Global, 2020–2030~ PSAs in B&C: Volume Forecast by Technology, Global, 2020–2030~ PSAs in M&H: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030~ PSAs in M&H: Growth Metrics, Global, 2023~ PSAs in M&H: Revenue and Volume Forecast, Global, 2020–2030~ PSAs in M&H: Revenue Forecast by Region, Global, 2020–2030~ PSAs in M&H: Volume Forecast by Region, Global, 2020–2030~ PSAs in M&H: Volume Forecast by Product Type, Global, 2020–2030~ PSAs in M&H: Volume Forecast by Chemistry, Global, 2020–2030~ PSAs in M&H: Volume Forecast by Technology, Global, 2020–2030~ PSAs in Other Applications: Impact of Drivers and Restraints on Revenue Growth, Global, 2023–2030~ PSAs in Other Applications: Growth Metrics, Global, 2023~ PSA in Other Applications: Revenue and Volume Forecast, Global, 2020–2030~ PSAs in Other Applications: Revenue Forecast by Region, Global, 2020–2030~ PSAs in Other Applications: Volume Forecast by Region, Global, 2020–2030~ PSAs in Other Applications: Volume Forecast by Product Type, Global, 2020–2030~ PSAs in Other Applications: Volume Forecast by Chemistry, Global, 2020–2030~ PSAs in Other Applications: Volume Forecast by Technology, Global, 2020–2030~ |
| Podcast | No |
| WIP Number | PFGF-01-00-00-00 |
Pressure Sensitive Adhesive Market, Global, 2024 2030
Pressure Sensitive Adhesive Market, Global, 2024 2030
Focus on New Product Development is Driving Transformational Growth Due to the Impact of Megatrends and Sustainability Strategies
RELEASE DATE
09-Sep-2024
09-Sep-2024
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: PFGF-01-00-00-00
SKU: CM_2024_1005
$4,950.00
In stock
SKU
CM_2024_1005