Pressure sensitive adhesives are formulations of chemicals/polymers that bond with a surface by applying pressure. Pressure sensitive adhesives are utilized for various purposes in packaging, automotive, electronics, construction, furniture, footwear and in several consumer products among others.
Albany, NY -- (SBWIRE) -- 08/29/2016 -- Growing demand from electronics and automotive applications supported by increasing pressure from regulatory bodies for better processes with reduction in carbon footprint is expected to fuel the global demand for pressure sensitive adhesives. Additionally, increasing demand from labeling and packaging applications attributed to improved inventory management and low cost flexible packaging materials, respectively, are expected to further fuel the demand for pressure sensitive adhesives. However, volatile feedstock prices for petroleum based pressure sensitive adhesives and regulations against volatile organic compounds (VOC) from solvent based pressure sensitive adhesives are expected to hinder market growth of pressure sensitive adhesives.
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Inflation is not a part of pricing in this report. Prices of pressure sensitive adhesives vary in each region. Given that different end-users make use of different types of products, the pricing for each application varies according to region while estimating and forecasting market revenue on a global basis. The regional average price has been considered while breaking down the market by product types in each region. The size of the global pressure sensitive adhesives market has been presented in terms of both volume as well as revenue. Market volumes are given in terms of kilo tons, while market revenue is provided in terms of USD million. The market numbers for the pressure sensitive adhesives market are also given on the basis of product type and application in the context of the global as well as the regional markets. Additionally, the market size and the forecast for each major application is provided in the context of the global as well as the regional market. The numbers provided in this report are derived on the basis of demand for pressure sensitive adhesives from various end-user applications in different regions. The study has included information available through primary as well as secondary research.
This report gives a detailed description of the global pressure sensitive adhesives market based on volume share (kilo tons) and revenue (USD million) for the period 2013 to 2019. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2013-2019 for pressure sensitive adhesives have been given separately, for better understanding of the market scenario. The pressure sensitive adhesives market is described with respect to their various segments along with the opportunities that are expected in the coming six years.
For the regional analysis, the global pressure sensitive adhesives market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The pressure sensitive adhesives market has been segmented based on the following product types – water-based, solvent-based, hot melt, and radiation cured pressure sensitive adhesives. The study also analyses market attractiveness for all product segments of pressure sensitive adhesives with the help of the market attractiveness analysis tool.
The study also includes the segments of the market based on application as tapes, labels, graphics, specialty and others including notepads, dental adhesives, automotive trims, etc. The study provides forecasts and estimates for each application segment in terms of revenue and volume over the forecast period from 2013 to 2019.
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For a more comprehensive view of the market, a value chain analysis and Porter's five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as 3M Company, HB Fuller, Henkel AG, BASF SE, LG Chem, and Ashland, Inc. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.
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