MEA Pressure Sensitive Adhesives 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*Disclaimer: Major Players sorted in no particular order |
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MEA Pressure Sensitive Adhesives PSA Market Analysis
The Middle-East and Africa Pressure Sensitive Adhesives 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 growing demand from building & construction sector. However, stringent regulations regarding VOC emissions from adhesives is hindering the growth of the market studied.
- Growing adoption of bio-based PSAs is expected to provide a major growth opportunity for the market studied.
- Among the resin types, acrylic resin PSAs are expected to dominate the market studied during the forecast period.
- Among the application areas, packaging Industry is expected to dominate the market studied during the forecast period.
MEA Pressure Sensitive Adhesives PSA Market Trends
This section covers the major market trends shaping the MEA Pressure Sensitive Adhesives PSA 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.
- Hence, owing to the above-mentioned factors and the significantly growing packaging industry in the Middle-East & Africa packaging industry is likely to dominate the market studied.
Acrylic Resin to Dominate the Market
- Acrylics co-polymers are known to be one of the most widely-used polymers for manufacturing pressure sensitive adhesives.
- These co-polymers 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 PSAs.
- 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 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 during the forecast period.
MEA Pressure Sensitive Adhesives PSA Industry Overview
The Middle-East and Africa 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, Jowat SE, Sika AG, and Avery Dennison Corporation, among others.
MEA Pressure Sensitive Adhesives PSA Market Leaders
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3M
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Jowat SE
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Sika AG
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Arkema Group
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Avery Dennison Corporation
*Disclaimer: Major Players sorted in no particular order
MEA Pressure Sensitive Adhesives 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 Increasing Demand from Construction Industry
- 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 Saudi Arabia
- 5.5.2 South Africa
- 5.5.3 Qatar
- 5.5.4 Rest of Middle-East and Africa
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 Jowat SE
- 6.4.8 Mapei S.p.A.
- 6.4.9 Sika AG
- 6.4.10 Wacker Chemie AG
- 6.4.11 PARKER HANNIFIN CORP
- 6.4.12 Pidilite Industries Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Adoption of Bio-based PSAs
MEA Pressure Sensitive Adhesives PSA Industry Segmentation
The Middle-East and Africa 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 | Saudi Arabia |
South Africa | |
Qatar | |
Rest of Middle-East and Africa |
MEA Pressure Sensitive Adhesives PSA Market Research FAQs
What is the current Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market size?
The Middle-East and Africa 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 Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market?
3M, Jowat SE , Sika AG , Arkema Group and Avery Dennison Corporation are the major companies operating in the Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market.
What years does this Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market cover?
The report covers the Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle-East and Africa Pressure Sensitive Adhesives (PSA) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Middle-East and Africa Pressure Sensitive Adhesives (PSA) Industry Report
Statistics for the 2024 Middle-East and Africa Pressure Sensitive Adhesives (PSA) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Pressure Sensitive Adhesives (PSA) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.