Pressure-sensitive Adhesives (PSA) Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 12 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
The global Pressure-sensitive Adhesives (PSA) market was valued at approximately USD 10.5 billion in 2022, with an anticipated compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth trajectory is driven by increasing demand across various end-use industries, including automotive, healthcare, and packaging. In particular, the automotive sector's rising adoption of PSAs for lightweight and efficient bonding solutions is a significant factor. Additionally, the healthcare industry’s growing need for advanced adhesive solutions in medical devices is expected to contribute substantially to market expansion.
Emerging markets, especially in the Asia-Pacific region, present substantial opportunities for PSA manufacturers due to rapid industrialization and urbanization. Countries such as China and India are experiencing robust economic growth, which is fueling the demand for PSAs in various applications like construction and consumer goods. Furthermore, innovation in adhesive technology, such as the development of environmentally friendly and high-performance adhesives, is likely to create new avenues for market participants to explore. The evolving regulatory landscape and increasing focus on sustainability are expected to further influence market dynamics and opportunities in the coming years.
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Henkel
Dow
Ashland
Avery Dennison
H.B. Fuller
3M
Arkema Group
Sika
Scapa Group
ADCO
Adhesives Research
Alfa International
American Biltrite
Beardow & Adams
Bühnen
Collano Adhesives
Benson Polymers
Drytac
Dymax
Evans Adhesive
Franklin International
Huntsman
Mactac
Wacker Chemie
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Pressure-sensitive Adhesives (PSA) Market
Packaging
Electronics
Automotive & Transportation
Medical & Healthcare
Building & Construction
Based on Types the Market is categorized into Below types that held the largest Pressure-sensitive Adhesives (PSA) market share In 2023.
Elastomeric Pressure-Sensitive Adhesive
Resin Type Pressure-Sensitive Adhesive
Global (United States, Global 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 Pressure-sensitive Adhesives (PSA) 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 Pressure-sensitive Adhesives (PSA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pressure-sensitive Adhesives (PSA) Market, By Type
6. Global Pressure-sensitive Adhesives (PSA) Market, By Application
7. Global Pressure-sensitive Adhesives (PSA) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pressure-sensitive Adhesives (PSA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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