Pressure Sensitive Adhesives Market Boosting Revenue Size in Future

1. Opportunity Analysis and Industry Forecast, 2016-2023 Pressure Sensitive Adhesives Market to Generate Huge Revenue Global Opportunity Analysis and Industry Forecast, 2017-2023

2. Pressure Sensitive Adhesives Market “Fluctuation in cost & availability of raw materials and stringent government regulations associated with volatile organic compounds (VOCs) emission hamper the growth of the pressure sensitive adhesives market. However, introduction of bio-based pressure sensitive adhesives and continuous innovation in pressure sensitive adhesives tapes are expected to boost the market expansion.” 

3. Pressure Sensitive Adhesives Market • Overview Pressure Sensitive Adhesives Market was valued at $8,408 million in 2016, and is expected to garner $12,963 million by 2023, registering a CAGR of 6.4% during the forecast period 2017 - 2023. Pressure sensitive adhesives are those adhesives, which adhere to different substrates when pressure is applied. The primary bonding mode of pressure sensitive adhesives is based on polar attraction to the surface of a substrate. Access Full Summary : https://www.alliedmarketresearch.com/pressure-sensitive-adhesives-market Several adhesive systems, such as solvent based and hot melt are utilized in manufacturing of pressure sensitive adhesives. In solvent-based systems, adhesive ingredients are suspended in solvent while in hot melts, thermoplastic rubbers are compounded with oils, tackifiers, and antioxidants. Pressure sensitive adhesives remain viscous and do not solidify, thus remain permanently tacky and possess the ability to wet surfaces, which come in contact. These adhesives are not true solids and thus their strength decreases with an increase in temperature. Product innovation and growth in flexible packaging market are the major factors that drive pressure sensitiveadhesivesmarket globally. 

4. Pressure Sensitive Adhesives Market The miniaturization of electronic devices and increase in demand for radio frequency identification (RFID) and luminescent labels in medical industry are other factors, which are expected to supplement the market growth. Asia-Pacific is the leading region in pressure sensitive adhesives market, due to increase in automotive production and rise in focus toward reducing the weight of vehicles. Current product innovations to enhance modulus of elasticity and rigidity is expected to broaden the scope of pressure sensitive adhesives in structural applications. However, fluctuations in prices of raw materials and stringent government regulations regarding volatile organic compounds (VOCs) emission limit the market growth. Increase in use of bio-based pressure sensitive adhesives and advancements in pressure sensitive adhesive tapes are expected to offer huge potential for market expansion.. Pressure Sensitive adhesives market is segmented based on composition, type, application, end user, and geography. On the basis of composition, it is classified into acrylic, rubber, ethylene vinyl acetate (EVA), silicone, polyurethane, and others (polypropylene and polyisobutene).

5. Pressure Sensitive Adhesives Market Snapshot Packaging is the most prominent segment by end-use industry in the global pressure sensitive adhesive (PSA) market and is expected to be first preference for new entrants due to increase in demand of single-and double-sided coated PSA tapes in flexible packaging applications. The demand for pressure sensitive adhesives is expected to grow as a joining and fastening solution in packaging applications, owing to the advancements in adhesive technology, low cost as compared to other traditional fastening systems, and ease of use. Use of pressure sensitive adhesives in these applications have resulted in various innovations, such as introduction of multilayer films, reusable closures for packaging, and adhesive clamp to close a bag.  Key leading players operating in this market include Avery Dennison Corporation, Arkema Group, The Dow Chemical Company, Henkel AG & Co. KGaA, The 3M Company, H.B. Fuller Company, Sika AG, Collano Adhesives AG, Ashland Inc., and LG Chem Ltd.

6. Key Benefits of Pressure Sensitive Adhesives Market • This report provides a quantitative and qualitative analysis of the current market trends and estimations from 2016 to 2023, which assists to identify the prevailing market opportunities in the different application segments. • Market trends of major countries in each region are mapped according to anticipated market revenue. • Top investment pockets highlight the opportunities in the most lucrative application segment. • Focused study of the factors that drive and restrict the growth of pressure sensitive adhesives market is provided. • An in-depth analysis of different regulations within the market is provided. • Key manufactures of pressure sensitive adhesives are profiled and their recent developments are listed.

7. Pressure Sensitive Adhesives • Market North America Europe Asia-Pacific LAMEA

8. Pressure Sensitive Adhesives • Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/911 Follow Us On