The “Global Pressure Sensitive Adhesive Market Report,” published by Report Ocean, provides an exhaustive analysis of the product and service industry. It delves into both historical patterns and future prospects from 2023 to 2031, offering businesses valuable insights for formulating effective strategies in the coming years. This report sheds light on the performance of organizations and the overall market in the previous year, making it an essential reference.
The research study focuses extensively on conducting a supply-demand analysis, a pivotal parameter in the industry. The study takes 2022 as the base year, treating market data from 2017 to 2022 as historic data. By leveraging this historical data and identifying pertinent trends, the study projects the market’s future aspects. The precise and analytical utilization of this historic data holds immense significance in calculating the forecasted market value.
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In 2021, the global pressure-sensitive adhesives market was valued at USD 9.9 billion, and it is projected to reach $18.1 billion by 2030, growing at a CAGR of 6.4% from 2022 to 2030.
Market demand for global pressure-sensitive adhesives is being driven by the increasing need for product diversification, particularly in the food and beverage industry, as well as their growing use in the automotive sector for warning labels and safety identification labels.
Major market players included in this report are:
- ARKEMA GROUP
- ASHLAND GLOBAL HOLDINGS INC.
- AVERY DENNISON CORPORATION
- EXXONMOBIL CORPORATION
- H.B. FULLER
- HENKEL AG & CO. KGAA
- SIKA GROUP
- THE DOW CHEMICAL COMPANY
- THE 3M COMPANY
- WACKER CHEMICAL CORPORATION
The primary objective of this study is to define market sizes for different segments and countries in recent years and forecast values for the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report provides detailed information about crucial aspects such as driving factors and challenges that will shape the future growth of the market. Additionally, the report also incorporates available opportunities in micro-markets for stakeholders to invest in, along with a detailed analysis of the competitive landscape and product offerings of key players.
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The market is categorized into various segments and sub-segments as follows:
- Water Based
- Radiation Cured
- Hot Melt
By End Use
- Building & Construction
- Consumer Goods
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
The years considered for the study are as follows:
- Historical years: 2017, 2020
- Base year: 2021
- Forecast period: 2022 to 2030
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The target audience for the Global Pressure Sensitive Adhesive Market in this market study includes:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
Some of the Key Questions Answered in this Report:
- What are the primary market trends and forces driving change?
- Who are the prominent market participants, and how do they occupy the market space?
- What characterizes the competitive environment within the market?
- What significant factors propel or impede market progress?
- Where do potential growth avenues lie within the market?
- How do regional and local market conditions and consumer preferences shape the landscape?
- What is the market’s scale and projected growth across various regions and nations?
- How do government regulations and policies influence the market’s trajectory?
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