CHICAGO, Nov. 11, 2022 /PRNewswire/ -- The report "Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, Silicone), Technology (Water-based, Solvent-based, Hot Melt), Application (Labels, Tapes, Graphics), End-Use Industry (Packaging, Automotive, Healthcare) Region - Global Forecast to 2027", is projected to grow from USD 13.2 Billion in 2022 to USD 16.9 Billion by 2027, at a CAGR of 5.1% between 2022 and 2027. The market is witnessing healthy growth, and the trend is expected to continue in the long term. The market for PSAs is mainly driven by the growing packaging, automotive & transportation, medical & healthcare, and electrical, electronics, and telecommunication industries. The industry scenario hints at making huge investments by major market players to serve the increasing demand from emerging countries.
PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1135
Browse and in-depth TOC on "Pressure Sensitive Adhesives Market"
267- Tables
53 - Figures
264- Pages
View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/pressure-sensitive-adhesives-market-1135.html
Tapes are the largest application segment of the overall Pressure Sensitive Adhesives Market.
The tapes segment accounts for the largest share, in terms of value, of the overall Pressure Sensitive Adhesives Market. PSA tapes are of various types based on the technological developments and requirements of the application, namely, single-coated, double-coated, reinforced, and unsupported. Single-coated PSA tapes have adhesives applied to only one side of the backing. Double-coated PSA tapes have adhesive applied to both sides of the backing. The PSA is coated on both sides of the carrier, which is typically a polymeric film such as 0.5 mil polyester. Examples of double-coated tapes include mounting, medical, and membrane switch tapes.
Medical & Healthcare is the fastest-growing end-use industry segment of the overall Pressure Sensitive Adhesives Market.
PSAs have prime importance in the medical & healthcare industry and are extensively used in hospitals. These medical products include PSA transfer tapes and single-coated & double-coated PSA tapes. Adhesive transfer tapes and double-coated tapes are mostly used in medical device OEMs to adhere to medical devices, strips, and pouches. These products are associated with medical diagnosis and waste management. Single-coated PSAs are used as bandages, medical tapes, wound closure tapes, surgical tapes, and skin attachments for electrodes, IV dressings, and medical sensors. Labels serve in inventory management, and waste management, and find their use in the labeling of medical products where clarity and permanent adhesion are needed. In the healthcare equipment industry, specialty tapes are applied on surgical containers, monitoring electrodes, and other medical devices. Medical tapes and adhesive plasters are a few of the PSAs used in the medical industry.
Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1135
China is the largest Pressure Sensitive Adhesives Market in Asia Pacific during the forecast period.
China is the largest market for PSAs in the Asia Pacific, with many key market players investing in the country to build new manufacturing facilities and distribution networks. The major industries in China are manufacturing, electronics, and telecommunication services. China exports manufacturing goods. The spectrum of Chinese goods includes iron, steel, aluminum, textiles, cement, chemicals, toys, electronics, rail cars, ships, aircraft, and others. The other important industries include textiles, cement, railway, petroleum, aerospace, automotive, chemicals, mining, and consumer and industrial goods. The factors driving the Chinese economy are the upper-middle class population and the booming service sector. The industrial environment in China is favorable for the growth of the PSA market.
The key players profiled in the Pressure Sensitive Adhesives Market report are Henkel AG & Co. KGaA (Germany), The Dow Chemical Company (US), Avery Dennison Corporation (US), H.B. Fuller Company (US), and 3M (US).
Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1135
Browse Adjacent Markets: Coatings Adhesives Sealants and Elastomers Market Research Reports & Consulting
Related Reports:
Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent, Hot-melt, Water-based), Backing Material (PP, Paper, PVC), End-Use Industry (Packaging, Healthcare, E&E, Automotive) and Region - Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/adhesive-tapes-market-251563138.html
Silicone Elastomers Market by Type (HTV, RTV, LSR), By Process (Extrusion, Liquid Injection Molding, Injection Molding), End-Use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation) & Region - Global Forecast to 2027
https://www.marketsandmarkets.com/Market-Reports/silicone-elastomers-market-6310524.html
Electrocoating Market by Type (Cathodic Epoxy, Cathodic Acrylic, Anodic), Application (Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment, Appliances) and Region - Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/electrocoating-market-29663206.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
Contact
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/pressure-sensitive-adhesives.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/pressure-sensitive-adhesives-market.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO33761&Transmission_Id=202211111030PR_NEWS_USPR_____IO33761&DateId=20221111)
Share this article