Acrylic Pressure Sensitive Adhesives Psa Market Size, Share, Industry Trends and Forecast to 2033
This report provides an extensive analysis of the Acrylic Pressure Sensitive Adhesives (PSA) market, including key insights, trends, and forecasts from 2023 to 2033. The report covers market sizes, regional analyses, and key industry developments to guide stakeholders in making informed business decisions.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $5.60 Billion |
CAGR (2023-2033) | 7.5% |
2033 Market Size | $11.79 Billion |
Top Companies | 3M Company, Henkel AG & Co. KGaA, Sika AG, BASF SE, Avery Dennison Corporation |
Last Modified Date | 15 Nov 2024 |
Acrylic Pressure Sensitive Adhesives Psa Market Report (2023 - 2033)
Acrylic Pressure Sensitive Adhesives PSA Market Overview
What is the Market Size & CAGR of Acrylic Pressure Sensitive Adhesives PSA market in 2023?
Acrylic Pressure Sensitive Adhesives PSA Industry Analysis
Acrylic Pressure Sensitive Adhesives PSA Market Segmentation and Scope
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Acrylic Pressure Sensitive Adhesives PSA Market Analysis Report by Region
Europe Acrylic Pressure Sensitive Adhesives Psa Market Report:
The European market size is anticipated to grow from $1.78 billion in 2023 to $3.75 billion in 2033. Sustainable product development and stringent regulations regarding eco-friendly material usage compel manufacturers to incorporate more acrylic PSAs in their offerings.Asia Pacific Acrylic Pressure Sensitive Adhesives Psa Market Report:
The Asia Pacific region is expected to witness rapid growth in the Acrylic PSA market, from $1.02 billion in 2023 to $2.16 billion in 2033. The growth is fueled by rising industrialization, an increase in packaging needs, and the booming electronics sector, particularly in countries like China, Japan, and India.North America Acrylic Pressure Sensitive Adhesives Psa Market Report:
North America holds a significant share of the market, with an expected growth from $2.04 billion in 2023 to $4.30 billion by 2033. The trend is driven by high adoption rates of advanced adhesive technologies in medical and automotive applications and strong regulatory frameworks promoting innovation.South America Acrylic Pressure Sensitive Adhesives Psa Market Report:
In South America, the market size is projected to increase from $0.18 billion in 2023 to $0.37 billion in 2033. The growth in this region is stimulated by the construction and automotive industries, alongside growing consumer goods demand that requires efficient packaging solutions.Middle East & Africa Acrylic Pressure Sensitive Adhesives Psa Market Report:
In the Middle East and Africa, the market is likely to expand from $0.58 billion in 2023 to $1.22 billion by 2033. Factors driving this include emerging infrastructure projects, increasing demand for packaged goods, and heightened interest in sustainable construction materials.Request a custom research report for industry.
Acrylic Pressure Sensitive Adhesives Psa Market Analysis By Type
Global Acrylic Pressure Sensitive Adhesives (PSA) Market, By Type Market Analysis (2023 - 2033)
In 2023, water-based adhesives dominate the market with a size of $3.69 billion, expected to reach $7.76 billion by 2033, capturing 65.86% share throughout. Solvent-based adhesives follow, projected to move from $1.48 billion to $3.12 billion, holding a 26.49% share. Hot melt adhesives represent a smaller share, currently at $0.43 billion, expected to grow to $0.90 billion.
Acrylic Pressure Sensitive Adhesives Psa Market Analysis By End Use
Global Acrylic Pressure Sensitive Adhesives (PSA) Market, By End-Use Industry Market Analysis (2023 - 2033)
In 2023, the automotive segment commands a leading share at 40.73%, with a market size of $2.28 billion, projected to grow to $4.80 billion. The packaging industry follows, holding 23.27% share, growing from $1.30 billion to $2.74 billion. Other segments include construction at 11.93%, electronics at 13.45%, and medical applications at 10.62%.
Acrylic Pressure Sensitive Adhesives Psa Market Analysis By Application
Global Acrylic Pressure Sensitive Adhesives (PSA) Market, By Application Market Analysis (2023 - 2033)
Labels lead the application segment with a market size of $2.28 billion in 2023, anticipated to reach $4.80 billion by 2033, alongside tapes' growth from $1.30 billion to $2.74 billion, both maintaining market shares of 40.73% and 23.27%, respectively.
Acrylic Pressure Sensitive Adhesives Psa Market Analysis By Chemistry
Global Acrylic Pressure Sensitive Adhesives (PSA) Market, By Chemistry Market Analysis (2023 - 2033)
Thermoplastic adhesives dominate the chemistry segment with a size of $4.70 billion currently, projected to grow to $9.90 billion, capturing about 84% market share compared to thermosetting adhesives, which hold a smaller share at $0.90 billion, expected to rise to $1.89 billion.
Acrylic Pressure Sensitive Adhesives Psa Market Analysis By Formulation
Global Acrylic Pressure Sensitive Adhesives (PSA) Market, By Formulation Market Analysis (2023 - 2033)
Formulated adhesives prevail with a market size of $4.70 billion in 2023, expected to reach $9.90 billion by 2033, sharing an 84% market share, while unformulated adhesives are projected to grow from $0.90 billion to $1.89 billion, holding a 16% share.
Acrylic Pressure Sensitive Adhesives PSA Market Trends and Future Forecast
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