Skip to main content

High Demand for Pressure Sensitive Adhesives in Asia-Pacific


The Pressure Sensitive Adhesives (PSA) Market was valued at USD 7.87 billion in 2015 and is projected to reach USD 11.22 billion by 2021, at a CAGR of 6.1% between 2016 and 2021. The increasing demand for PSAs from varied end-use industries, such as packaging, automotive & transportation, and electronics, electrical & telecommunication is driving the growth of the PSA market. Increasing applicability of PSAs in tapes and labels and the ability of PSAs to dampen vibration and inhibit corrosion are additional factors propelling the demand for PSAs among varied end-use industries.

Download PDF Brochure @ https://tinyurl.com/yc7oo8yl

The report analyzes the key growth strategies adopted by market players between 2011 and 2016. Henkel AG & Co. KGaA (Germany), 3M Company (U.S.), The Dow Chemical Company (U.S.), Avery Dennison (U.S.), Ashland Inc. (U.S.), and H.B. Fuller (U.S.) are leading players in the PSA market.
The Dow Chemical Company operates its PSA business under its infrastructure solutions segment. The company launched Robond L95D, a pressure sensitive aqueous solution for medical and specialty tapes in March 2011. In November 2012, the company invested in a new lab-scale equipment to accelerate technological developments in the PSA market.
Growth in this market is mainly attributed to the increasing demand for PSAs from varied end-use industries such as packaging, automotive & transportation, and electronics, electrical and telecommunication. Properties such as high tack and resistance to peel & sheer are responsible for the extensive use of PSA labels. PSA tapes are also widely used across varied end-use industries, owing to their ability to dampen vibrations and inhibit corrosion as well as provide superior bonding and enhance aesthetical properties of products.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1135

The labels segment is the fastest-growing application segment of the PSA market, in terms of volume and value. This is due to increasing usage of labels in the packaging, medical & healthcare, and automotive & transportation end-use industries. Electronics, electrical & telecommunication is the fastest-growing end-use industry, in terms of volume and value. This is due to the increasing applicability of PSAs in integrated circuits, electronic components, and insulating tapes.

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

Labels:

Comments

Post a Comment

Popular posts from this blog

Asia Pacific accounted for a major share of the fiberglass roving market

  The fiberglass roving market is projected to grow from USD 8.24 billion in 2018 to USD 11.02 billion by 2023, at a CAGR of 6.0% between 2018 and 2023. Browse 78 market data Tables and 47 Figures spread through 133 Pages and in-depth TOC on  "Fiberglass Roving Market by Fiber Glass Type (E, ECR, H, AR, S),Product Type(Single-end, Multi-end, Chopped),End-use Industry (Transportation, Construction, Electrical & Electronics, Pipe & Tank, Wind, Aerospace, Marine),and Region Global Forecast to 2023" Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=132583551 Owens Corning focuses on capacity expansions to meet the growing demand for fiberglass roving used in specialty composites. In addition, the company focuses on new product launches to maintain a competitive edge in the market. The company recently has launched roving products under the brands HydroStand, WindStrand, PipeStrand, PulStrand, and Perfomax. The company h...
Post a Comment
Read more

Energy cost saving and protection from corrosion under insulation are the main drivers for the insulation coatings market

The global Paints and Coatings Market was estimated to be USD 141.58 billion in 2015 and is estimated to grow at a CAGR of 5.07% between 2016 and 2021 . Request Top 10 Growing Paints & Coatings Market Report Sample @ http://bit.ly/2wIcFi2 Insulation, ceramic, automotive, medical, silicone, fluoropolymer, and epoxy coating market . The global paints & coatings market is growing owing to the increasing demand from the building & construction industry. High demand for waterborne coatings has also been driving the architectural coatings market for the past few years. Additionally, growing manufacturing activities in automotive, chemical, and other commercial industries in Asia-Pacific have been influencing the market for the past few years. However, the health and environmental concerns regarding the release of VOC content to the environment are hampering the growth of the solvent borne coatings technology. The top three growing paints & coatings market ...
Post a Comment
Read more

Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

  The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on  "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...
Post a Comment
Read more