Europe PSA Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
Major Players_Market_-_Key_Players.webp "Europe Pressure Sensitive Adhesives (PSA) Market Major Players")
*Disclaimer: Major Players sorted in no particular order |
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Europe PSA Market Analysis
The Europe pressure sensitive adhesives (PSA) market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the shifting focus to low-cost flexible packaging. However, stringent environmental regulations regarding VOC emissions is hindering the growth of the market studied.
- Increasing adoption of bio-based pressure sensitive adhesives is expected to provide a major growth opportunity for the market studied.
- Among the resin types, acrylics accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, Packaging industry is expected to dominate the market studied during the forecast period.
Europe PSA Market Trends
This section covers the major market trends shaping the Europe Pressure Sensitive Adhesives Market according to our research experts:
Packaging Industry to Dominate the Market
- Pressure-sensitive adhesives (PSAs), specifically offer several advantages for the packaging industry. Some of the advantages include:
- PSAs offer a timely way to make products compliant and shelf-ready. Pressure-sensitive adhesives are safer than glue sticks and more discrete than traditional tape. Unlike glue sticks, pressure-sensitive adhesives do not require heat during application. The absence of heat eliminates burns and increases safety among plant workers. Additionally, PSAs are less intrusive on packaging graphics, providing the required adhesion without sacrificing the brand image. Pressure-sensitive adhesives are less visible packaging solutions, which preserve the brand and maximise the impact.
- Application of pressure-sensitive adhesives is time-saving, as there is no need to wait until they cure. The moment they are applied, they compress the substrate, right at the moment when adhesion takes place. Instant bonding increases the processing speed, as well as improves production.
- PSAs provide a bond that removes cleanly without damaging the packaging or leaving behind residue. Preserving brand image adds to your consumer appeal.
- Additionally, in the last few years, the packaging industry in Europe has been experiencing a transition, where the manufacturing and industrial sector has been adapting to flexible packaging.
- Hence, owing to the above-mentioned factors, packaging industry is likely to dominate the market studied.
Acrylic resins to Dominate the Market
- Acrylics copolymers are known to be one of the most widely-used polymers for manufacturing pressure sensitive adhesives.
- These copolymers are made from a variety of acrylic monomers. These monomers offer viscoelastic performance characteristics. Moreover, numerous high-performance applications, which demand coating thickness and material properties, use acrylic borne PSA.
- Solvent-borne thermoplastic acrylic resin has good substrate adhesion, making it well suited for UV coating and metallic and pigmented base coats on substrates of ABS, ABS+PC, PS, PC, and metals.
- Acrylic resin-borne adhesives are highly used in the automotive sector. They are also finding growing applications in the aerospace and marine sectors.
- Hence owing to the above-mentioned factors, acrylic resin types is expected to dominate the market studied.
Europe PSA Industry Overview
The Europe pressure sensitive adhesives market is moderately consolidated as the market of the market share is divided among a few players. Some of the key players in the market include 3M, Arkema Group, Dow, Henkel AG & KGaA, and H.B. Fuller Company, among others.
Europe PSA Market Leaders
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3M
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Arkema Group
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H.B. Fuller Company
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Dow
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Henkel AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
_Market_-_Market_Concentration.webp "Europe Pressure Sensitive Adhesives (PSA) Market Concentration")
Europe PSA Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Shifting Focus to Low-Cost Flexible Packaging
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Stringent Environmental Regulations Regarding VOC Emissions
- 4.2.2 Other Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Resin
- 5.1.1 Acrylics
- 5.1.2 Silicones
- 5.1.3 Elastomers
- 5.1.4 Other Resins
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5.2 Technology
- 5.2.1 Water-based
- 5.2.2 Solvent-based
- 5.2.3 Hot Melt
- 5.2.4 Radiation
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5.3 Application
- 5.3.1 Tapes
- 5.3.2 Labels
- 5.3.3 Graphics
- 5.3.4 Other Applications
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5.4 End-user Industry
- 5.4.1 Packaging
- 5.4.2 Woodworking and Joinery
- 5.4.3 Medical
- 5.4.4 Commercial Graphics
- 5.4.5 Transportation
- 5.4.6 Electronics
- 5.4.7 Other End-user Industries
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5.5 Geography
- 5.5.1 Germany
- 5.5.2 United Kingdom
- 5.5.3 France
- 5.5.4 Italy
- 5.5.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 H.B. Fuller Company
- 6.4.4 Dow
- 6.4.5 Henkel AG & Co. KGaA
- 6.4.6 Ashland
- 6.4.7 Franklin International.
- 6.4.8 Jowat SE
- 6.4.9 Mapei S.p.A.
- 6.4.10 Sika AG
- 6.4.11 Wacker Chemie AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Adoption of Bio-based Pressure Sensitive Adhesives
Europe PSA Industry Segmentation
The Europe Pressure Sensitive Adhesives (PSA) market report includes:
| Resin | Acrylics |
| Silicones | |
| Elastomers | |
| Other Resins | |
| Technology | Water-based |
| Solvent-based | |
| Hot Melt | |
| Radiation | |
| Application | Tapes |
| Labels | |
| Graphics | |
| Other Applications | |
| End-user Industry | Packaging |
| Woodworking and Joinery | |
| Medical | |
| Commercial Graphics | |
| Transportation | |
| Electronics | |
| Other End-user Industries | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe |
Europe PSA Market Research FAQs
What is the current Europe Pressure Sensitive Adhesives (PSA) Market size?
The Europe Pressure Sensitive Adhesives (PSA) Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Pressure Sensitive Adhesives (PSA) Market?
3M, Arkema Group, H.B. Fuller Company, Dow and Henkel AG & Co. KGaA are the major companies operating in the Europe Pressure Sensitive Adhesives (PSA) Market.
What years does this Europe Pressure Sensitive Adhesives (PSA) Market cover?
The report covers the Europe Pressure Sensitive Adhesives (PSA) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Pressure Sensitive Adhesives (PSA) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Pressure Sensitive Adhesive Industry Report
Statistics for the 2024 Europe Pressure Sensitive Adhesive market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Pressure Sensitive Adhesive analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
