Pressure Sensitive Adhesives Market report categorizes the global market by Applications (Medical Tapes, Specialty, Industrial Tapes and Others), by Technology Types (Hot Melt, Solvent Based, Water Based, & Radiation), and by Geography.
Pune, India -- (SBWIRE) -- 02/22/2016 -- The report "Pressure Sensitive Adhesives Market by Technology Types (Water Based, Solvent Based, Hot Melt & Radiation), by Applications (Industrial Tapes, Specialty, Medical Tapes and Others), and by Region - Global Trends & Forecasts to 2020", defines and segments the PSA market with analysis and forecasts of the market size.
Browse 103 market data tables and 59 figures spread through 153 pages and in-depth TOC on "Pressure Sensitive Adhesives Market - Global Trends & Forecasts to 2020"
Early buyers will receive 10% customization on this report.
Make an Inquiry Before Buying of this Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1135
The global pressure sensitive adhesives market in terms of volume is projected to reach $8,501.06 Million by 2020.
Asia-Pacific – The biggest market of pressure sensitive adhesives
Asia-Pacific is the major customer of PSA in the world. Henkel Adhesives Technologies India Pvt. Ltd. (India), H.B. Fuller Korea Ltd. (South Korea), Scapa Tapes India Ltd. (India), and 3M India Ltd. are the leading players in the Asia-Pacific market. Asia-Pacific countries are flexible regarding laws and regulations for VOC emissions, and as a result, solvent-based technologies are also growing in these markets. The demand for commodities and appliances in this region is huge and this is the key driving factor for PSA demand in applications such as tapes, labels, graphics, and so on. The automobile industry continues to grow highly in Asia-Pacific markets, such as China and India, which leverage the demand of tapes for automobile applications. China is the largest market for PSA due to strong governmental support for FDI, no political interference, and favorable economic conditions.
"Water-based PSA is the biggest and fastest-growing market among various technologies used for manufacturing of PSA."
In the lights of ever-tightening governmental and environmental legislation and regulations to reduce VOC emissions, the PSA industry is rapidly changing from solvent-based to water-based technology for manufacturing adhesives. Water-based technology is a globally accepted technology and is much cheaper than solvent-based technology. A wide variety of materials such as acrylics, natural rubber, and styrene butadiene can be used with this technology effectively. Using water-based technology leads to a safer work place and there are lesser chances of hazards.
Among the various applications of PSA, labels represent the largest market for pressure sensitive adhesives. Labels find wide applications in medical, food packaging, commodities, general purpose products, pharmaceuticals, cosmetics, and so on.
Industrial tape is among the largest market for PSAs due to its applications in aerospace, automotive, construction, marine, and other sectors. Industrial tapes are further classified as cloth, masking, and packaging tapes.
For more Info Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1135
Browse Related Reports:
Adhesives & Sealants Market by Technology (Water, Solvent, Hot-Melt, Reactive & Others), by Chemistry (PAE, PVA, VAE, EVA, SBS, Synthetic Rubber, Polyamide, Polyurethane, Epoxy, Cyanoacrylate, & Others), & by Application - Global Forecast to 2020
Hot Melt Adhesives Market by Type (EVA, Styrenic Block Copolymers, Polyolefin, Polyurethane, Polyamide and Others), by Application (Packaging, Non-Woven, Pressure Sensitive, Construction, Bookbinding and Others) and by Region - Global Trends & Forecasts to 2019
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets