Water-Based Acrylic Pressure Sensitive Adhesive Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 5.8 Billion by 2033 at a CAGR of 6% from 2026 to 2033.
The global water based acrylic pressure sensitive adhesive market was valued at USD 5.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The increasing demand for eco friendly and sustainable adhesives in various end use industries such as packaging, automotive, and construction is expected to drive the markets growth. North America dominated the market in 2022, accounting for 30% of the market share, primarily driven by high demand from the packaging and automotive sectors. The regions market size reached approximately USD 1.56 billion in 2022, with steady growth expected throughout the forecast period. Europe followed closely, holding a share of around 27%, with the market size estimated at USD 1.4 billion in 2022. The demand in Europe is fueled by stringent environmental regulations and a growing trend toward the use of sustainable materials. Additionally, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by rapid industrialization and the expanding consumer goods market in countries like China and India.
The Asia Pacific region accounted for about 24% of the global market share in 2022, valued at approximately USD 1.25 billion. Increasing adoption of water based acrylic pressure sensitive adhesives in the automotive, construction, and electronics industries is anticipated to fuel the market in this region. Latin America and the Middle East & Africa (MEA) regions have a relatively smaller market share, but are expected to witness steady growth. The Latin American market was valued at USD 0.38 billion in 2022, with a CAGR of 5.3% projected over the forecast period. In the MEA region, the market size was approximately USD 0.2 billion in 2022, with growth driven by the construction and packaging sectors.
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Henkel
3M
Arkema
Soken Chemical & Engineering
Nitto Denko
Avery Dennison
Tesa SE
LG Chem
Berry Plastics
Jiangyin Shuanghua Science and Technology
Xinfeng Group
HB Fuller
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Water-Based Acrylic Pressure Sensitive Adhesive Market
Single-component Adhesives
Multi-component Adhesives
Packaging
Construction
Automotive
Labeling
Textiles
Food & Beverage
Healthcare
Consumer Goods
Electronics
Building & Construction
High Tack Adhesives
Medium Tack Adhesives
Low Tack Adhesives
Water-Resistant Formulations
Heat-Resistant Formulations
Flexible Formulations
Low VOC Formulations
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Water-Based Acrylic Pressure Sensitive Adhesive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Water-Based Acrylic Pressure Sensitive Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Water-Based Acrylic Pressure Sensitive Adhesive Market, By Type
6. Global Water-Based Acrylic Pressure Sensitive Adhesive Market, By Application
7. Global Water-Based Acrylic Pressure Sensitive Adhesive Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Water-Based Acrylic Pressure Sensitive Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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