Pressure Sensitive Adhesives Market Research Report - Global Forecast to 2027

Pressure Sensitive Adhesives Market, By Technology (Water-based, Solvent-based, Hot Melt, and Radiation), By Product (Labels, Tapes, Graphics Films and Others), End-User (Packaging, Automotive, Electrical & Electronics industry, Consumer Goods and Others) and Region - Forecast To 2027

ID: MRFR/CnM/3772-HCR | February 2021 | Region: Global | 100 pages

Pressure Sensitive Market Scenario:

The Pressure Sensitive Adhesives Market is expected to grow at a CAGR of 6.1% during the forecast period.

Pressure sensitive adhesives are non-metallic materials used to bond different materials, mainly to their surface through adhesion and cohesion. The global market of pressure sensitive adhesives is booming and is expected to gain prominence over the forecast period. The global pressure sensitive adhesives market is forecast to demonstrate an exponential growth by 2023, surpassing its previous growth records in terms of value with a whooping, digit CAGR of 6.1% during the estimated period (2017 – 2023).


Key Players:



  • 3M (US)

  • Nitto Denko Corporation (Japan)

  • Tesa SE (Germany)

  • Lintec Corporation (Japan)

  • Intertape Polymer Group, Inc. (Canada)

  • Avery Dennison Corporation (US)

  • The DOW Chemical Company (U.S.)

  • Ashland Inc. (U.S.)

  • B. Fuller Company (U.S.)

  • Henkel AG & Company KGaA (Germany)

  • Collano Adhesives AG (Switzerland)

  • Sika AG (Switzerland)

  • Reflex Labels Ltd. (U.K.)

  • Jonson Tapes Limited (India)

  • Advance Tapes International Limited (U.K.)


On the basis of regions, global pressure sensitive adhesives market has been segmented as North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific region dominates the global pressure sensitive adhesives market. Rapid growth in automotive & packaging industry in Asia Pacific region is the major factor driving the growth of the market. Rising disposable income among individuals and easy availability of funds and personal loans, have prompted the demand for automobiles in the region. Additionally, growing demand in electrical & electronics industry also fuels the growth of the market. China, Japan, India, Australia and Indonesia are the major markets in Asia Pacific region. China accounts for the largest share of the pressure sensitive adhesives in the Asia Pacific, mainly due to rapid growth in urbanization and industrial development.


North America is the second largest market for the pressure sensitive adhesives. Stringent regulations regarding VOC emission along with fuel efficiency norms, drive the growth of the market in the region. U.S. accounted for the largest market share in North America. Europe is another major market for the pressure sensitive adhesives. It is expected to contribute, significantly, during the forecast period. In rest of the world, countries such as UAE and Brazil are witnessing high industrial growth, which propels the growth of the market. Also, high investments in construction and automotive sectors, boost to the growth of the market.


Global pressure sensitive adhesives market has been segmented based on technology, product, End-User, and region. On the basis of technology, the market is segmented as water-based, solvent-based, hot melt, and radiation. Water-based segment dominates the technology segment of the market. Water-based PSAs are widely used in varied applications. The growth of the segment is mainly attributed to the eco-friendly nature of water-based PSAs, safety associated with their use, and cost-effectiveness. The hot melt segment is expected to be the fastest-growing technology segment of the pressure sensitive adhesives market. Increasing application of hot melt technology in packaging and electronics end use industry, drive the growth of the market.


On the basis of product, the market is segmented as Labels, Tapes, Graphics Films and Others. Labels dominates the product segment of the market and is expected to grow at the fastest CAGR during the forecast period. Growing transportation, and logistics industries are the key drivers of Pressure Sensitive labels market. With the growth of e-commerce industries, there is an increased need for warehousing solution. The need for product authentication, tamper evidence and security features have stimulated the market for pressure sensitive labels. The tape is another major product for the pressure sensitive adhesives. Growth in healthcare, and medical are the key drivers of pressure sensitive tapes market. Furthermore, increased application, across sectors such as food & beverages, packaging, construction, automotive has led to the growth pressure sensitive tapes. This segment is expected to contribute, significantly, during the forecast period.


Global pressure sensitive adhesives market appears to be highly fragmented and competitive, owing to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition and expansion. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.


Segmentation: Global Pressure Sensitive Adhesives Market Pressure Sensitive Adhesives Market Image 


The report for Global Pressure Sensitive Adhesives Market of Market Research Future comprises extensive primary research findings along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight into the market and industry performance. The report gives a clear picture of current market scenario, which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   6.1% (2017-2023)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, product, End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   3M (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), The DOW Chemical Company (U.S.), Ashland Inc. (U.S.), H.B. Fuller Company (U.S.), Henkel AG & Company KGaA (Germany), Collano Adhesives AG (Switzerland), Sika AG (Switzerland), Reflex Labels Ltd. (U.K.), Jonson Tapes Limited (India), and Advance Tapes International Limited (U.K.).
  Key Market Opportunities   Growing transportation, and logistics industries are the key drivers of Pressure Sensitive labels market.
  Key Market Drivers   Growth in healthcare, and medical are the key drivers


Frequently Asked Questions (FAQ) :


Pressure sensitive adhesives are non-metallic materials used to bond different materials, mainly to their surface through adhesion and cohesion. It is used to temporarily hold components like gaskets in position during assembly.

Sticky & semi-fluid in consistency.

The pressure-sensitive adhesive market has the chance to record 6.1%CAGR between 2017 and 2023, which, as per MRFR’s direction, is the forecast period.

Development in the automotive and packaging industries is expected to be a major growth-inducing factor for the pressure-sensitive adhesive market.

The Asia Pacific market has the potential to steer the global pressure sensitive adhesives market.

The water-based segment is dominating the global pressure sensitive adhesives market.

The labels segment can lead to the global pressure sensitive adhesives market.

Table of Content

1 Executive Summary


2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Pressure Sensitive Adhesives Market, By Technology

5.1 Introduction

5.2 Water-based

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Solvent-based

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Hot Melt

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

5.5 Radiation

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast by Region, 2020-2027


6 Global Pressure Sensitive Adhesives Market, By Product

6.1 Introduction

6.2 Labels

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Tapes

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Graphics Films

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

6.5 others

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast by Region, 2020-2027


7 Global Pressure Sensitive Adhesives Market, By End-User

7.1 Introduction

7.2 Packaging

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Automotive

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Electrical & Electronics industry

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Consumer Goods

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027


8 Global Pressure Sensitive Adhesives Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.3 Market Estimates & Forecast by Product, 2020-2027

8.2.4 Market Estimates & Forecast by End-User, 2020-2027

8.2.5 The U.S

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.5.3 Market Estimates & Forecast by Product, 2020-2027

8.2.5.4 Market Estimates & Forecast by End-User, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.2.6.3 Market Estimates & Forecast by Product, 2020-2027

8.2.6.4 Market Estimates & Forecast by End-User, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.3 Market Estimates & Forecast by Product, 2020-2027

8.3.4 Market Estimates & Forecast by End-User, 2020-2027

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.5.3 Market Estimates & Forecast by Product, 2020-2027

8.3.5.4 Market Estimates & Forecast by End-User, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.6.3 Market Estimates & Forecast by Product, 2020-2027

8.3.6.4 Market Estimates & Forecast by End-User, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.7.3 Market Estimates & Forecast by Product, 2020-2027

8.3.7.4 Market Estimates & Forecast by End-User, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.8.3 Market Estimates & Forecast by Product, 2020-2027

8.3.8.4 Market Estimates & Forecast by End-User, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by Technology, 2020-2027

8.3.9.3 Market Estimates & Forecast by Product, 2020-2027

8.3.9.4 Market Estimates & Forecast by End-User, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.3 Market Estimates & Forecast by Product, 2020-2027

8.4.4 Market Estimates & Forecast by End-User, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.5.3 Market Estimates & Forecast by Product, 2020-2027

8.4.5.4 Market Estimates & Forecast by End-User, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.6.3 Market Estimates & Forecast by Product, 2020-2027

8.4.6.4 Market Estimates & Forecast by End-User, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.7.3 Market Estimates & Forecast by Product, 2020-2027

8.4.7.4 Market Estimates & Forecast by End-User, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by Technology, 2020-2027

8.4.8.3 Market Estimates & Forecast by Product, 2020-2027

8.4.8.4 Market Estimates & Forecast by End-User, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Technology, 2020-2027

8.5.3 Market Estimates & Forecast by Product, 2020-2027

8.5.4 Market Estimates & Forecast by End-User, 2020-2027


9 Competitive Landscape


10 Company Profile

10.1 3M Company

10.1.1 Company Overview

10.1.2 Products/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Nitto Denko Corporation

10.2.1 Company Overview

10.2.2 Products/Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 Tesa SE

10.3.1 Company Overview

10.3.2 Products/Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Intertape Polymer Group Inc.

10.4.1 Company Overview

10.4.2 Products/Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Avery Dennison Corporation

10.5.1 Company Overview

10.5.2 Products/Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 The DOW Chemical Company

10.6.1 Company Overview

10.6.2 Products/Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 Ashland Inc.

10.7.1 Company Overview

10.7.2 Products/Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 H.B. Fuller Company

10.8.1 Company Overview

10.8.2 Products/Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Henkel AG & Company KGaA

10.9.1 Company Overview

10.9.2 Products/Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Collano Adhesives AG

10.10.1 Company Overview

10.10.2 Products/Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

10.11 Sika AG

10.11.1 Company Overview

10.11.2 Products/Services Offering

10.11.3 Financial Overview

10.11.4 Key Developments

10.11.5 Strategy

10.11.6 SWOT Analysis

10.12 Reflex Labels Ltd.

10.12.1 Company Overview

10.12.2 Products/Services Offering

10.12.3 Financial Overview

10.12.4 Key Developments

10.12.5 Strategy

10.12.6 SWOT Analysis

10.13 Jonson Tapes Limited

10.13.1 Company Overview

10.13.2 Products/Services Offering

10.13.3 Financial Overview

10.13.4 Key Developments

10.13.5 Strategy

10.13.6 SWOT Analysis

10.14 Advance Tapes International Limited

10.14.1 Company Overview

10.14.2 Products/Services Offering

10.14.3 Financial Overview

10.14.4 Key Developments

10.14.5 Strategy

10.14.6 SWOT Analysis


List of Table

Table 1 Global Pressure Sensitive Adhesives Market : By Region, 2020-2027

Table 2 North America Pressure Sensitive Adhesives Market : By Country, 2020-2027

Table 3 Europe Pressure Sensitive Adhesives Market : By Country, 2020-2027

Table 4 Asia-Pacific Pressure Sensitive Adhesives Market : By Country, 2020-2027

Table 5 RoW Pressure Sensitive Adhesives Market : By Country, 2020-2027

Table 6 Global Pressure Sensitive Adhesives Market , by Technology, By Regions, 2020-2027

Table 7 North America Pressure Sensitive Adhesives Market , by Technology, By Country, 2020-2027

Table 8 Europe Pressure Sensitive Adhesives Market , by Resin Technology, By Country, 2020-2027

Table 9 Asia-Pacific Pressure Sensitive Adhesives Market by Technology, By Country, 2020-2027

Table 10 RoW Pressure Sensitive Adhesives Market by Technology, By Country, 2020-2027

Table 11 Global Pressure Sensitive Adhesives Market by Product Market: By Regions, 2020-2027

Table 12 North America Pressure Sensitive Adhesives Market by Product : By Country, 2020-2027

Table 13 Europe Pressure Sensitive Adhesives Market by Product : By Country, 2020-2027

Table 14 Asia Pacific Pressure Sensitive Adhesives Market by Product : By Country, 2020-2027

Table 15 RoW Pressure Sensitive Adhesives Market by Product : By Country, 2020-2027

Table 16 Global Pressure Sensitive Adhesives Market by End-User Market: By Regions, 2020-2027

Table 17 North America Pressure Sensitive Adhesives Market by End-User : By Country, 2020-2027

Table 18 Europe Pressure Sensitive Adhesives Market by End-User : By Country, 2020-2027

Table 19 Asia Pacific Pressure Sensitive Adhesives Market by End-User : By Country, 2020-2027

Table 20 RoW Pressure Sensitive Adhesives Market by End-User : By Country, 2020-2027

Table 21 Global Technology Market: By Region, 2020-2027

Table 22 Global Product Market: By Region, 2020-2027

Table 23 Global End-User Market: By Region, 2020-2027

Table 24 North America Pressure Sensitive Adhesives Market , By Country

Table 25 North America Pressure Sensitive Adhesives Market , By Technology

Table 26 North America Pressure Sensitive Adhesives Market , By Product

Table 27 North America Pressure Sensitive Adhesives Market , By End-User

Table 28 Europe: Pressure Sensitive Adhesives Market , By Country

Table 29 Europe: Pressure Sensitive Adhesives Market , By Technology

Table 30 Europe: Pressure Sensitive Adhesives Market , By Product

Table 31 Europe: Pressure Sensitive Adhesives Market , By End-User

Table 32 Asia-Pacific: Pressure Sensitive Adhesives Market , By Country

Table 33 Asia-Pacific: Pressure Sensitive Adhesives Market , By Technology

Table 34 Asia-Pacific: Pressure Sensitive Adhesives Market , By Product

Table 35 Asia-Pacific: Pressure Sensitive Adhesives Market , By End-User

Table 36 RoW: Pressure Sensitive Adhesives Market , By Region

Table 37 RoW Pressure Sensitive Adhesives Market , By Technology

Table 38 RoW Pressure Sensitive Adhesives Market , By Product

Table 39 RoW Pressure Sensitive Adhesives Market , By End-User


List of Figure

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 GLOBAL Pressure Sensitive Adhesives Market SHARE, BY Technology, 2020 (%)

FIGURE 9 GLOBAL Pressure Sensitive Adhesives Market , BY Technology, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL Pressure Sensitive Adhesives Market SHARE, BY Product, 2020 (%)

FIGURE 11 GLOBAL Pressure Sensitive Adhesives Market , BY Product, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL Pressure Sensitive Adhesives Market SHARE, BY End-User 2020 (%)

FIGURE 13 GLOBAL Pressure Sensitive Adhesives Market , BY End-User 2020-2027 (USD MILLION)

FIGURE 14 GLOBAL Pressure Sensitive Adhesives Market SHARE (%), BY REGION, 2020

FIGURE 15 GLOBAL Pressure Sensitive Adhesives Market , BY REGION, 2020-2027 (USD MILLION)

FIGURE 16 North America Pressure Sensitive Adhesives Market SHARE (%), 2020

FIGURE 17 North America Pressure Sensitive Adhesives Market BY Country, 2020-2027 (USD MILLION)

FIGURE 18 Europe Pressure Sensitive Adhesives Market SHARE (%), 2020

FIGURE 19 Europe Pressure Sensitive Adhesives Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Asia-Pacific Pressure Sensitive Adhesives Market SHARE (%), 2020

FIGURE 21 Asia-Pacific Pressure Sensitive Adhesives Market BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Rest of the World Pressure Sensitive Adhesives Market SHARE (%), 2020

FIGURE 23 Rest of the World Pressure Sensitive Adhesives Market BY Country, 2020-2027 (USD MILLION)