Market Research Report
Global Pressure Sensitive Adhesives Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||725290|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Pressure Sensitive Adhesives Market Analysis, 2013-2023|
|Published: August 1, 2018||Content info: 120-150 Pages||
Adhesives are categorized in to different types depending on their composition. Pressure sensitive adhesives forms a bond when pressure is applied along with the adherent. Any other element like liquid, heat is not needed to activate the adhesive. Such pressure sensitive adhesives are mainly used in tapes, glue dots, automobile trim, radio etc. The bandages, labels on medicines, hygiene products like diapers also make use of pressure sensitive adhesives.
The global pressure sensitive adhesives market report throws light on the current market conditions prevailing in the market by conducting over 320 hours of primary and secondary research. In accordance to the report, the global pressure sensitive adhesives market is expanding itself throughout the globe rapidly. The global pressure sensitive adhesives market is valued at US $ xxx billion dollars in 2018 which is expected to reach an impressive US $ xxx billion dollars growing at an annual growth of xx%.
To be precise this pressure sensitive adhesives are mainly used to stick surfaces with application of external pressure, and due to this external pressure, it does not require any other substance to activate it. They are used in tape, glue, labels and many other sticking materials. They also have wide application in medical and printing industry as well.
Due to pressure sensitive adhesive's adhesive properties it is increasingly being used in packaging, building, construction, and electronics industry where surfacesneed to be stuck together tightly. They are also used in automotive and medical industry. The purpose may be labels, tapes, or glues that will help to bind two surfaces without much efforts. As these pressure sensitive adhesive products enjoy wide industrial usage, they are expected to enjoy significant growth in the future as well.
The major impediments that the future of pressure sensitive adhesives faces is that, the higher level of adhesion it provides once the pressure is applied, it is nearly impossible to separate the two surfaces and sometimes the separation process can cause significant damage to the surfaces.
North America, Europe, Asia-pacific, LAMEA are the geographic regions that are responsible for the growth in Pressure sensitive adhesive market. They are the core regions contributing steadily to the pressure sensitive adhesive market.
From last couple of years, the companies which are contributing more towards the growth of pressure sensitive adhesive market are Hankel, Avery Dennison, CCL Industries, Lintec, 3M, and Inland labels.
The research process starts with the segmenting the global pressure sensitive adhesives market, identifying the growth elements in each segment and conducting market forecasts. Market forecasts are done by taking into consideration the insights given by the business leaders from across the world in the pressure sensitive adhesives industry value chain. Market Krystal hence conducted over 40 interviews for this study, the of the study are given below:
By company type: Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (35%), Asia (40%), Europe (25%)
By designation: Top level (40%), Operation level (30%), Mid-level (30%)