The Global Pressure Sensitive Adhesives Market Size is valued at 13.80 billion in 2023 and is predicted to reach 21.55 billion by the year 2031 at a 5.81% CAGR during the forecast period for 2024-2031.
Pressure Sensitive Adhesives, often known as self-stick adhesives, bind two similar or dissimilar surfaces together when pressure is applied. These adhesives do not require heat, solvent, or water activation to deliver holding force to a variety of materials. They can match a wide range of substrates and are either removable or permanent. Due to their reassurance of use and low cost, pressure-sensitive adhesives are expected to stimulate the demand for the miniaturization of electronic devices such as smartphones, PCs, and tablets. As a result of rising disposable income, the popularity and demand for such technological devices are propelling pressure adhesives market expansion.
However, the COVID-19 epidemic had a negative impact on the pressure-sensitive adhesives business. Automotive, electronics, building and construction, consumer goods, and other industries are major users of pressure-sensitive adhesives. The demand for PSAs from the automotive sector has decreased due to the detrimental impact on the industry. Disruption in value chain analysis, for example, has impacted large-scale businesses in the automobile sector.
The pressure-sensitive adhesives market is segmented on the basis of technology, product, application, and sector. Based on technology, the market is categorized as water-based, solvent-based, hot melt, and UV cured. The products segment includes rubber-based, acrylic-based, silicone-based, and other. By application, the market is categorized into tapes, labels, graphics, films & laminates, and others. The applications segment includes food & beverage, packaging, electronics & laminates, medical & healthcare, building & construction, automotive & transportation, and other.
The water-based category is expected to hold a major share of the global Pressure Sensitive Adhesives Market in 2024. This is due to the fact that water-based pressure-sensitive adhesives are made from a combination of water, polymers, and additives. It is best suited to porous and non-purpose substrates. Furthermore, several types of monomers can be utilized to obtain desired qualities such as peel strength, shear strength, and tackiness during the formation of water-based PSAs. Tapes, labels, paper, packaging, and woodworking use water-based pressure-sensitive adhesives.
The packaging care segment is projected to grow at a rapid rate in the global pressure-sensitive adhesives market since pressure-sensitive adhesives function as a catalyst for the packaging industries since they provide various benefits such as less retention time, no physical transformation or chemical reaction, and others, all of which save time and boost production.
Asia Pacific Pressure Sensitive Adhesives Market is expected to register the highest market share in revenue in the near future. This is due to increased infrastructure activity in nations such as India and China. Furthermore, the demand for pressure-sensitive adhesives will increase as the need for building chemicals rises. Again, rising demand for low volatile organic compound (VOC) content adhesives from China, Japan, and India drives demand for water-based pressure-sensitive adhesives. Adopting transparent and film labels, shrink-wrap labels for makers of fast-moving consumer goods (FMCG), flexible labels, and colorful wrap-around labels in North America is expected to boost the market. The pressure-sensitive adhesives market is yet in its earlier stages of development, and it has a greater potential for growth in the future.
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Report Attribute |
Specifications |
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Market size value in 2023 |
USD 13.80 Bn |
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Revenue forecast in 2031 |
USD 21.55 Bn |
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Growth rate CAGR |
CAGR of 5.81% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Million, Volume (KT), and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Packaging Type, Printing Technology, Embellishing Type, And Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Avery Dennison Corporation, H. B. Fuller, Arkema Group, Henkel AG & Co. KGaA, The 3M Company, Sika AG, DowDuPont, Inc. (Dow Corning), Momentive Performance Materials, Wacker Chemie AG, LG Chem Ltd, Evonik Industries AG, Mapei SpA, Ashland, Inc, Beardow Adams (Adhesives) Limited, Franklin International, Inc, Mactac Performance Adhesive Group, and Powerband Industries Pvt. Ltd. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Pressure Sensitive Adhesives Market Snapshot
Chapter 4. Global Pressure Sensitive Adhesives Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Estimates & Trend Analysis
5.1. by Product & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product:
5.2.1. Rubber-based
5.2.2. Acrylic
5.2.3. Silicone
5.2.4. Others
Chapter 6. Market Segmentation 2: by Technology Estimates & Trend Analysis
6.1. by Technology & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technology:
6.2.1. Water-based
6.2.2. Solvent-based
6.2.3. Hot melt
6.2.4. UV-cured
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2023 & 2031
7.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
7.2.1. Tapes
7.2.2. Labels
7.2.3. Graphics
7.2.4. Films & Laminates
7.2.5. Others
Chapter 8. Market Segmentation 4: by Sector Estimates & Trend Analysis
8.1. by Sector & Market Share, 2023 & 2031
8.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Sector:
8.2.1. Food & Beverage
8.2.2. Packaging
8.2.3. Electronics & Laminates
8.2.4. Medical & Healthcare
8.2.5. Building & Construction
8.2.6. Automotive & Transportation
8.2.7. Others
Chapter 9. Pressure Sensitive Adhesives Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2023-2031
9.1.2. North America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Technology, 2023-2031
9.1.3. North America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2023-2031
9.1.4. North America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Sector, 2023-2031
9.1.5. North America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2023-2031
9.2. Europe
9.2.1. Europe Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2023-2031
9.2.2. Europe Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Technology, 2023-2031
9.2.3. Europe Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2023-2031
9.2.4. Europe Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Sector, 2023-2031
9.2.5. Europe Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2023-2031
9.3. Asia Pacific
9.3.1. Asia Pacific Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2023-2031
9.3.2. Asia Pacific Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Technology, 2023-2031
9.3.3. Asia-Pacific Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2023-2031
9.3.4. Asia-Pacific Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Sector, 2023-2031
9.3.5. Asia Pacific Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2023-2031
9.4. Latin America
9.4.1. Latin America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2023-2031
9.4.2. Latin America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Technology, 2023-2031
9.4.3. Latin America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2023-2031
9.4.4. Latin America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Sector, 2023-2031
9.4.5. Latin America Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2023-2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product, 2023-2031
9.5.2. Middle East & Africa Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Technology, 2023-2031
9.5.3. Middle East & Africa Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2023-2031
9.5.4. Middle East & Africa Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Sector, 2023-2031
9.5.5. Middle East & Africa Pressure Sensitive Adhesives Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2023-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Advance Tapes International Limited (U.K.)
10.2.2. Arkema Group
10.2.3. Ashland, Inc
10.2.4. Avery Dennison Corporation
10.2.5. B. Fuller Company (U.S.)
10.2.6. Beardow Adams (Adhesives) Limited
10.2.7. Collanos Adhesives AG (Switzerland)
10.2.8. DowDuPont, Inc. (Dow Corning)
10.2.9. Evonik Industries AG
10.2.10. Franklin International, Inc
10.2.11. H. B. Fuller
10.2.12. Henkel AG & Company KGaA (Germany)
10.2.13. Intertape Polymer Group
10.2.14. Jonson Tapes Limited (India)
10.2.15. LG Chem Ltd.
10.2.16. Lintec Corporation (Japan)
10.2.17. Mactac Performance Adhesive Group
10.2.18. Mapei SpA
10.2.19. Momentive Performance Materials
10.2.20. Nitto Denko Corporation (Japan)
10.2.21. Powerband Industries Pvt. Ltd.
10.2.22. Reflex Labels Ltd. (U.K.)
10.2.23. Sika AG
10.2.24. Tesa S.E. (Germany)
10.2.25. The 3M Company
10.2.26. The DOW Chemical Company (U.S.)
10.2.27. Wacker Chemie AG
10.2.28. Other Prominent Players
Pressure Sensitive Adhesives Market By Technology-
Pressure Sensitive Adhesives Market By Product-
Pressure Sensitive Adhesives Market By Application-
Pressure Sensitive Adhesives Market By Sector-
Pressure Sensitive Adhesives Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
