Pressure Sensitive Adhesives Market worth $8,383.7 by 2018
DALLAS, October 17, 2013 /PRNewswire/ –
The report “Pressure Sensitive Adhesives Market by Technology (Water-Based,
Solvent-Based, Hot Melt & Radiation), by Application (Industrial Tapes, Specialty Tapes,
Medical Tapes, Labels, Graphics & Others) & by Geography – Global Trends & Forecasts to
2018″, defines and segments the global Pressure Sensitive Adhesives Market with analysis
and forecasting of the global revenue. Pressure Sensitive Adhesives Market will grow to
$8.4 billion by 2018, with a very high CAGR from 2013 to 2018.
Browse 136 Market Data Tables and 21 Figures spread through 247 Pages and in-depth TOC
on “Pressure Sensitive Adhesives Market”
Early buyers will receive 10% customization on this report.
Pressure Sensitive Adhesives Market is driven by growing demand for cost effective
bonding solutions in tapes and labels. Pressure sensitive adhesives are mainly used in
tapes that find wide applications in industries such as medical, marine, automobile,
cosmetics, health care, sanitary, and aerospace. These adhesives formulated from acrylics,
silicone or rubber also find applications in RFID labels, smart labels, flexible labels,
etc. The increase in disposable income, increased tapes requirements and demand for proper
medical products are the primary reasons for the rise in demand of pressure sensitive
adhesives. Asia-Pacific countries, due to its huge appetite for consumptions of these
adhesives are the major growth engines for this market.
The enormous potential of this market is attracting various small and big level
industry players. The Pressure Sensitive Adhesives Market is experiencing a boom
especially in India due to heavy spending on infrastructure and the flourishing
manufacturing industry. On account of the growing demand for efficient and environment
friendly materials that cause minimal damage to the surrounding, the market will
experience an escalation in the demand of pressure sensitive adhesives in the years to
come. Moreover, the demand in bio based sustainable adhesives will drive the demand in
The adhesives industry players are constantly trying to modify their product line with
highly customized and advanced sustainable product lines to remain competitive in the
markets. Some of the large players identified in the market are 3M (U.S.), BASF (Germany),
Dow (U.S.), Ashland (U.S.), etc.
The report forecasts revenue of the Global Pressure Sensitive Adhesives Market and its
various submarkets with respect to four main regions viz. North America, Europe,
Asia-Pacific, and Rest of the World, which includes Middle East, Africa, and Russia. The
countries such as U.S., China, Canada, and Germany were also analyzed.
The report segments the global Pressure Sensitive Adhesives Market by major
applications namely tapes, labels, and graphics. Also, the types of technology used for
the manufacture of these adhesives are discussed along with market numbers and shares. It
also focuses on the market metrics such as drivers, restraints, opportunities, and winning
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