Global Pressure Sensitive Adhesives Market Size Study, by Chemistry by Technology by Application by End-Use Industry and Regional Forecasts 2022-2032

Description

The Global Pressure Sensitive Adhesives (PSA) Market, valued at approximately USD 13.4 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 3.00% over the forecast period 2024-2032. Pressure-sensitive adhesives are versatile bonding materials widely used in various industries such as packaging, automotive, and graphics. Their ability to adhere instantly with light pressure and their adaptability to different surfaces make them an indispensable solution in the modern industrial and consumer landscape. From tape and label applications to intricate graphic designs, PSAs are reshaping material bonding methods with superior performance.

The growing demand for sustainable and efficient bonding solutions is driving significant advancements in PSA technology. Water-based adhesives are witnessing an upswing in adoption, primarily due to their eco-friendly properties and compliance with stringent environmental regulations. Meanwhile, solvent-based and hot-melt adhesives continue to gain traction for applications requiring exceptional durability and performance. PSAs are also making strides in the automotive sector, where lightweight materials and enhanced bonding capabilities are critical. Despite their increasing adoption, the market faces challenges such as fluctuating raw material costs and the need for advanced manufacturing processes to achieve consistent product quality.

Regionally, Asia Pacific dominates the PSA market, bolstered by robust industrialization, expanding automotive manufacturing, and rising investments in packaging solutions. Countries such as China and India are experiencing a surge in demand for efficient and sustainable adhesive solutions, underpinned by strong economic growth and increasing consumer awareness. North America and Europe also play pivotal roles, driven by the presence of established industries and ongoing innovations in adhesive technologies. The development of recyclable adhesives and low-VOC formulations is further enhancing the appeal of PSAs in these mature markets.

Leading players in the PSA market are focusing on R&D investments and strategic collaborations to strengthen their product portfolios and gain competitive advantages. Innovations in smart adhesives, designed to offer improved performance in challenging environments, are opening new avenues for growth. Additionally, companies are exploring opportunities in emerging markets, leveraging local partnerships and capacity expansions to meet rising demand.

Major market players included in this report are:

3M Company
Henkel AG & Co. KGaA
Avery Dennison Corporation
Arkema S.A.
Dow Inc.
Sika AG
H.B. Fuller Company
BASF SE
Ashland Global Holdings Inc.
Scapa Group plc
Eastman Chemical Company
Lohmann GmbH & Co. KG
Wacker Chemie AG
Kraton Corporation
Franklin International

The detailed segments and sub-segments of the market are explained below:

By Chemistry:

Acrylic
Rubber
Silicone

By Technology:

Water-Based
Solvent-Based
Hot-Melt

By Application:

Tapes
Labels
Graphics

By End-Use Industry:

Packaging
Automotive

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Market estimates and forecasts for 10 years from 2022 to 2032.
Annualized revenue and regional-level analysis for each market segment.
Comprehensive insights into market drivers, challenges, and opportunities.
Competitive landscape featuring major players and strategic recommendations.
Demand-side and supply-side market dynamics analysis.

Chapter 1. Global Pressure Sensitive Adhesives Market Executive Summary

1.1. Global Pressure Sensitive Adhesives Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Chemistry
  - 1.3.1.1. Acrylic
  - 1.3.1.2. Rubber
  - 1.3.1.3. Silicone
- 1.3.2. By Technology
  - 1.3.2.1. Water-Based
  - 1.3.2.2. Solvent-Based
  - 1.3.2.3. Hot-Melt
- 1.3.3. By Application
  - 1.3.3.1. Tapes
  - 1.3.3.2. Labels
  - 1.3.3.3. Graphics
- 1.3.4. By End-Use Industry
  - 1.3.4.1. Packaging
  - 1.3.4.2. Automotive
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Pressure Sensitive Adhesives Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Pressure Sensitive Adhesives Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable Adhesive Solutions
- 3.1.2. Growth in Packaging and Automotive Industries
- 3.1.3. Advancements in Adhesive Technologies
3.2. Market Challenges
- 3.2.1. Stringent Environmental Regulations
- 3.2.2. Fluctuating Raw Material Prices
3.3. Market Opportunities
- 3.3.1. Expansion into Emerging Markets
- 3.3.2. Innovation in Smart Adhesives
- 3.3.3. Strategic Collaborations and Partnerships

Chapter 4. Global Pressure Sensitive Adhesives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Pressure Sensitive Adhesives Market Size & Forecasts by Chemistry 2022-2032

5.1. Segment Dashboard
5.2. Global Pressure Sensitive Adhesives Market: Chemistry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Acrylic
- 5.2.2. Rubber
- 5.2.3. Silicone

Chapter 6. Global Pressure Sensitive Adhesives Market Size & Forecasts by Technology 2022-2032

6.1. Segment Dashboard
6.2. Global Pressure Sensitive Adhesives Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Water-Based
- 6.2.2. Solvent-Based
- 6.2.3. Hot-Melt

Chapter 7. Global Pressure Sensitive Adhesives Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Pressure Sensitive Adhesives Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Tapes
- 7.2.2. Labels
- 7.2.3. Graphics

Chapter 8. Global Pressure Sensitive Adhesives Market Size & Forecasts by End-Use Industry 2022-2032

8.1. Segment Dashboard
8.2. Global Pressure Sensitive Adhesives Market: End-Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Packaging
- 8.2.2. Automotive

Chapter 9. Global Pressure Sensitive Adhesives Market Size & Forecasts by Region 2022-2032

9.1. North America Pressure Sensitive Adhesives Market
- 9.1.1. U.S. Pressure Sensitive Adhesives Market
  - 9.1.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. End-Use Industry Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada Pressure Sensitive Adhesives Market
9.2. Europe Pressure Sensitive Adhesives Market
- 9.2.1. UK Pressure Sensitive Adhesives Market
- 9.2.2. Germany Pressure Sensitive Adhesives Market
- 9.2.3. France Pressure Sensitive Adhesives Market
- 9.2.4. Spain Pressure Sensitive Adhesives Market
- 9.2.5. Italy Pressure Sensitive Adhesives Market
- 9.2.6. Rest of Europe Pressure Sensitive Adhesives Market
9.3. Asia-Pacific Pressure Sensitive Adhesives Market
- 9.3.1. China Pressure Sensitive Adhesives Market
- 9.3.2. India Pressure Sensitive Adhesives Market
- 9.3.3. Japan Pressure Sensitive Adhesives Market
- 9.3.4. Australia Pressure Sensitive Adhesives Market
- 9.3.5. South Korea Pressure Sensitive Adhesives Market
- 9.3.6. Rest of Asia Pacific Pressure Sensitive Adhesives Market
9.4. Latin America Pressure Sensitive Adhesives Market
- 9.4.1. Brazil Pressure Sensitive Adhesives Market
- 9.4.2. Mexico Pressure Sensitive Adhesives Market
- 9.4.3. Rest of Latin America Pressure Sensitive Adhesives Market
9.5. Middle East & Africa Pressure Sensitive Adhesives Market
- 9.5.1. Saudi Arabia Pressure Sensitive Adhesives Market
- 9.5.2. South Africa Pressure Sensitive Adhesives Market
- 9.5.3. Rest of Middle East & Africa Pressure Sensitive Adhesives Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. 3M Company
- 10.1.2. Henkel AG & Co. KGaA
- 10.1.3. Avery Dennison Corporation
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. 3M Company
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Henkel AG & Co. KGaA
- 10.3.3. Avery Dennison Corporation
- 10.3.4. Arkema S.A.
- 10.3.5. Dow Inc.
- 10.3.6. Sika AG
- 10.3.7. H.B. Fuller Company
- 10.3.8. BASF SE
- 10.3.9. Ashland Global Holdings Inc.
- 10.3.10. Scapa Group plc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes