Allied Market Research recently published a report on the global pressure-sensitive adhesives market that is projected to reach $17.6 billion by 2030, growing at a CAGR of 6.1% from 2021 to 2030. The study provides both quantitative and qualitative analysis of the industry offering shareholders a clear understanding of its actual situation. It includes a detailed study of both regional and global landscapes. All data related to the industry is sourced from reliable and trustworthy sources, carefully examined, and validated by market experts.

In addition, this research report outlines the competitive landscape of the industry, providing leading market players with insights to increase their shares and maintain competitiveness. The study incorporates Porter’s Five Forces model and PESTEL analysis to assess the competitive dynamics of the industry. It also identifies major investment opportunities for stakeholders to capitalize within the sector, based on their CAGR and relative market share. The research highlights key market players, detailing their financial performance and market share across regions.

A snapshot of the evolving market dynamics

Acrylic-based pressure-sensitive adhesives are thermoplastic materials made from acrylic monomers and polymers with a low glass transition temperature. These adhesives are affordable, highly adaptable, and offer excellent performance, making them ideal for applications such as labeling. Being polar in nature, acrylic PSAs bond effectively with polar substrates like metals, glass, polyesters, polycarbonates, and neoprene. These characteristics are significant contributors to the growth of the pressure-sensitive adhesives market.

The flexible packaging sector, a cost-efficient solution for packaging, distributing, and preserving products such as food, pharmaceuticals, and beverages with extended shelf lives, has experienced substantial growth in recent years due to rising demand from consumers. As a result, packaging engineers increasingly rely on pressure-sensitive adhesives to keep packaging securely in place until it reaches its final destination. These factors are fueling the demand for pressure-sensitive adhesives and driving the global market forward.

Regional insight

The pressure-sensitive adhesives market in the Asia-Pacific region is expected to experience the highest compound annual growth rate (CAGR) of 6.9% during the forecast period, capturing 49.2% of the market share in 2020. This growth is driven by an increase in infrastructure development in countries like India and China. Additionally, the growing demand for construction chemicals has led to a higher need for pressure-sensitive adhesives. Moreover, the

rising preference for adhesives with low volatile organic compound (VOC) content in countries such as China, Japan, and India has boosted the demand for water-based pressure-sensitive adhesives.

Companies profiled in the study

The AMR report provides a comprehensive analysis of the competitive landscape within the Pressure sensitive adhesives industry, helping companies make informed investment choices. The report features key industry players, including:

· 3M Company

· Henkel Ag & Co. KGAA

· The Dow Chemical Company

· Sika Group

· Exxonmobil Corporation

· Avery Dennison Corporation

· H.B. Fuller

· Arkema Group

· Ashland Global Holdings Inc.

· Wacker Chemical Corporation

FAQs covered

· What are the key factors boosting the pressure-sensitive adhesives market growth?

· What is the estimated value of the industry in the forecast period 2021 to 2030?

· What are the most established players in the global landscape?

· Which industry is projected to increase the demand for the market?

· What segments are covered in the research?

To conclude, the Allied Market Research study provides essential insights for new entrants, stakeholders, and businesses by exploring key innovations, market trends, and the competitive environment. It identifies lucrative opportunities and supports companies in making well-informed decisions regarding strategic investments and competitive expansion.