The Global Pressure Sensitive Adhesives Market: Report Segments the Market by Technology, Application, and Geography-Includes Forecasts to 2018 and Company Profiles on 20 Market Leaders
The increasing need for weight reduction of end-user products, high bonding solutions, sustainable developments, growing tapes demand, rising GDP and purchasing power, will drive the global pressure sensitive adhesives (PSA) market to $8.4 billion by 2018. India and China lead the world in terms of usage of PSA due to heavy industrialization in these countries, making it the biggest market for adhesives. These markets are expected to experience highest revenue growth during the next five years.
Rising applications, current & emerging applications, and an increase in tapes and labels demand are the factors driving growth in the PSA market. In addition, the demand for PSA in applications such as RFID, clean room label, etc. is also high. The factors hindering the growth of this market are the fluctuating cost of raw materials, lack of technology infrastructure in developing countries, and huge investment in R&D.
The market is growing slowly in Europe and will continue to grow at significant rate in the Asia-Pacific region. Asia-Pacific region's demand is driven by the countries such as China, the fastest growing country in global PSA market. The PSA market is still in infancy stage in African markets. However, this region is experiencing high growth on account of increased infrastructure spending.
The majority of players in this industry are of considerable size and manufacture highly customized products focusing on a particular end-user industry. 3M is a leader in pressure sensitive adhesives for tapes while Avery Dennison leads in PSA for labels. Every company, big or small, wants to penetrate deeper into the existing market and at the same time expand into new and emerging markets to increase their sales margin - thereby increasing the overall revenue. The companies involved in the adhesive business adopt this strategy by expanding into emerging markets such as Asia-Pacific and Rest of World markets. Most of the major companies in the adhesives business are headquartered in the U.S. and Europe.
With the increase in demand of pressure sensitive adhesives in automotives, the tapes segment will see a rise in the future. The demand of specialty tapes for varied applications such as marine, automotive, aerospace, electronics will witness a significant growth due to high capabilities of these tapes. Also, the growing health concerns among people will increase the demand for PSA for medical applications such as surgical tapes, dressing tapes, sanitary napkins, etc.
For this report the global market is analyzed in terms of revenue ($million) for all the regions and their respective major countries. Revenues from each region have been broken down by types of material and their applications such as industrial tapes, medical tapes, specialty tapes, labels, graphics, and others. The report forecasts revenue of the global pressure sensitive adhesives market and its various submarkets with respect to five main regions such as North America, Europe & Eurasia, Asia-Pacific, Latin America, and Middle East & Africa. Countries such as U.S., China, Germany, U.K, France, Japan, and India among others were analyzed.
This market report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. The major companies such as BASF (Germany), Ashland (U.S.), Avery Dennison (U.S.), and 3M (U.S.) have also been profiled in this report.
Scope of the Report
Geography:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Applications:
- Industrial Tapes
- Specialty Tapes
- Medical Tapes
- Labels
- Graphics
- Others
Technology:
- Water-based
- Solvent-based
- Hot Melt
- Radiation cured
There are 20 Company Profiles (Overview, Financials, Products & Services, Strategy, and Developments) in this report on the following companies:
- 3M
- Adhesives Research Inc
- Ashland Inc
- Avery Dennison Corp
- BASF SE
- Bostik SA
- Collano Adhesives
- Dow Corning
- Drytac
- Franklin Adhesives & Polymers
- H B Fuller
- Henkel AG & Company
- Jesons Industries India
- Momentive Specialty Chemicals Inc
- Novamelt
- Scapa Group PLC
- Shanghai Jaour Adhesives Products Company
- Sika AG
- The Dow Chemical Company
- Toyoink International
For more information visit http://www.researchandmarkets.com/research/4vpf72/pressure.
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contact
Laura Wood, Senior Manager
Send Email
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Agrochemicals and Fertilisers
This news is a press release provided by Research and Markets. Korea Newswire follows these editorial guidelines.
-
2014년 3월 27일 13:21
-
2014년 3월 7일 10:40