A pressure sensitive adhesive can be described as an adhesive which requires pressure to be applied in order to form a bond between the tape and the object. Hence, a pressure sensitive tape does not require heat, solvent or water in order to carry out its primary purpose.
Such an adhesive tape variety completely depends on the amount of pressure applied to make sure that the adhesive sticks to a surface. The Pressure Sensitive Adhesives Market has also observed that various factors like the smoothness of the surface and presence of contaminants also play a role in altering the effectiveness of pressure tape. Such a pressure sensitive variant is being increasingly to package all types of products and appliances across the world.
Scope & Regional Forecast of the Pressure Sensitive Adhesives Market
The Pressure Sensitive Adhesives Market considers the prime growth drivers to be a few factors like: the growing demand for acrylic pressure sensitive adhesive in the manufacturing sector for labels, graphics, etc., has already led to huge revenues; the rapidly expanding automobile sector in the Asia-Pacific region; various government initiatives promoting the use of medical adhesive in the healthcare industry; and tremendous amount of growth being experienced by E-Commerce players like Flipkart, Alibaba and Amazon.
The Pressure Sensitive Adhesives Market has also witnessed major pressure sensitive adhesive players like Henkel expand their web platforms in order to attract global interest. Information regarding the latest pressure adhesive tape and medical adhesive varieties is now being disseminated to interested parties in more than 150 countries across the globe. The Pressure Sensitive Adhesives Market has taken measures to increase industrial awareness of various benefits that come along with pressure tape like easy use and cost effectiveness when compared to traditional technologies.
Segmentations & Key Players Involved in the Pressure Sensitive Adhesives Market
According to IndustryARC findings, the Pressure Sensitive Adhesives Market can be broken down into various segmentations on the basis of –
Formulation: Water Based PSA, Solvent Based PSA, Hot Melt Based PSA and Radiation Cure Based PSA.
Type: Acrylics, Ethylene-vinyl acetate, Silicone, Rubber, Styrene Block Copolymers and Others.
Application: Industrial tapes, Specialty tapes, Medical Tapes, Labels and Others.
Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Pressure Sensitive Adhesives Market according to IndustryARC are as follows:
- Henkel AG & Co. KgaA
- Illinois Tool Works Inc.
- Royal Adhesives & Sealants, LLC.
- Avery Dennison Corporation
- Dow Corning Corporation
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