Pressure Sensitive Adhesives Demand, Production Capacity, Volume and Price Range and Industry Outlook Report Till 2032

Pressure Sensitive Adhesives

The pressure-sensitive adhesives market size was valued at USD 11 billion in 2023. Pressure Sensitive Adhesives (PSA) are a type of material that holds two surfaces together, with the help of slight pressure. Solvent-based, Water-based, Hot Melt, UV-curable, and Silicone are the types of Pressure Sensitive Adhesives. Water-based PSAs hold the largest share accounting for around 50% of the market share, followed by Hot-Melt and Solvent-based accounting for around 25% and 10% respectively.

Water-based adhesives offer versatility by providing robust adhesion for various applications such as home appliances, medical tapes, and packaging. Due to their eco-friendly characteristics and extensive use in tape and label manufacturing, water-based PSAs are highly favored for food and beverage labels. They are also utilized in creating permanent labels, removable labels, and pharmaceutical labels.

Pressure Sensitive Adhesives Demand Analysis:

In terms of demand by application, the PSA market is bifurcated into Food & Beverages, Building & Construction, Automotive, Electrical & Electronics, and Healthcare & Hygiene Products. PSAs are also used in the building & construction industry for End-users, such as Automotive, vapor barriers, roofing linings, masking, insulation, and interior design. Companies are undertaking numerous strategies to identify and explore the opportunities for specialty tapes in the construction industry.

Asia Pacific is the largest market for PSAs accounting for more than 40% of the global demand. China, Japan, India, and South Korea account for more than 70% of the regional demand owing to the strong presence of the packaging industry in the countries. China is one of the largest exporters of adhesive-based products.

  • In June 2022, Henkel opened a hot melt adhesives plant in Guadalupe, Mexico for packaging and consumer goods applications.
  • Adhesive manufacturing company Pidilite Industries Ltd on March 23, 2023, announced that it will be manufacturing Germany-based Jowat's range of hot melts in India.

Rising demand from the Automotive industry

The demand for PSAs in the automotive industry is driven by factors such as increasing vehicle production, lightweighting initiatives, design flexibility, and the need for improved aesthetics, comfort, and safety. As automotive manufacturers continue to prioritize weight reduction and enhanced vehicle performance, the demand for advanced PSAs with higher strength, temperature resistance, and durability is expected to grow. Additionally, the rise of electric vehicles and autonomous driving technologies may further contribute to the demand for PSAs in the automotive sector, as these vehicles often require unique adhesive solutions for specialized components and materials.

They are used to attach interior trim components such as door panels, dashboard overlays, headliners, and carpeting. They provide strong bonding, vibration damping, and flexibility, ensuring secure attachment and reducing noise, vibration, and harshness (NVH) levels. Pressure Sensitive Adhesives are used for securing electronic components within the automobile. They are used to attach wiring harnesses, control modules, sensors, and display screens. PSAs provide electrical insulation, shock absorption, and protection against moisture and environmental contaminants.

Poor Adhesion

In high-temperature environments, PSAs can show reduced adhesion properties and increased softening at higher temperatures. Many Pressure Sensitive Adhesives have a relatively low glass transition temperature (Tg), which is the temperature at which the adhesive transitions from a rigid to a rubbery state. As the temperature rises above the Tg, the adhesive becomes softer and is unable to maintain its adhesion. In applications where high temperatures are found, such as automotive under-the-hood parts or electronic devices, the performance of PSAs may be compromised which can hinder its market growth in the coming years. 

Scope of Report 

The Pressure Sensitive Adhesives report describes the global Pressure Sensitive Adhesives market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Pressure Sensitive Adhesives Market data in terms of volume and value for each end-use 
   at regional and country level
•  Pressure Sensitive Adhesives Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Types 
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Food & Beverages
      • Building & Construction
      • Automotive
      • Electrical & Electronics
      • Healthcare & Hygiene Products
      • Others 
5.  Introduction to Pressure Sensitive Adhesives and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Pressure Sensitive Adhesives Demand Analysis, By Types, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Pressure Sensitive Adhesives Market, By Types
          Solvent-based
          Water-based
          Hot Melt
          UV Curable
          Silicone
          Others
      •  Global Pressure Sensitive Adhesives Market, By Applications
          Food & Beverages
          Building & Construction
          Automotive
          Electrical & Electronics
          Healthcare & Hygiene Products
          Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Pressure Sensitive Adhesives Market, By Types
      •  Pressure Sensitive Adhesives Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by types and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Pressure Sensitive Adhesives Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - Avery Dennison Corporation
             - Arkema Group
             - DowDuPont
             - Henkel
             - 3M
             - H.B. Fuller Company
             - SIKA
             - Collano Adhesives
             - Ashland Inc.
             - LG Chem
             - Jowat
             - KMS Adhesives
             - Mapei SPA
             - Master Bond
             - Pidilite Industries Ltd
             - Wacker Chemie
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Pressure Sensitive Adhesives report describes the global Pressure Sensitive Adhesives market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Pressure Sensitive Adhesives Market data in terms of volume and value for each end-use 
   at regional and country level
•  Pressure Sensitive Adhesives Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment