Solvent Pressure Sensitive Adhesives Market Size (2024 - 2029)

The solvent pressure sensitive adhesives market is anticipated to experience growth driven by the increasing adoption of cost-effective flexible packaging solutions. The market size is influenced by a shift towards bio-based pressure sensitive adhesives and new product developments aimed at gaining a competitive advantage. The Asia-Pacific region leads in market consumption, with significant activity in countries like India and China.

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Market Size of Solvent Pressure Sensitive Adhesives Industry

Solvent Pressure Sensitive Adhesives Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Solvent Pressure Sensitive Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Solvent Pressure Sensitive Adhesives Market Analysis

The market for solvent pressure sensitive adhesives is expected to grow at a CAGR of around4.5% during the forecast period. Major factors driving the market studied is increasing adoption of low-cost flexible packaging aids

  • Shifting focus toward bio-based PSA's, and new product development to gain competitive edge is likely to act as an opportunity to the market.
  • Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.

Solvent Pressure Sensitive Adhesives Industry Segmentation

The solvent pressure sensitive adhesives market report includes:

Application
Labels
Films
Tapes
Other Applications
End-user Industry
Automotive
Packaging
Medical
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Solvent Pressure Sensitive Adhesives Market Size Summary

The solvent pressure sensitive adhesives market is poised for steady growth, driven by the increasing adoption of cost-effective flexible packaging solutions. This market is characterized by its resilience to environmental factors such as UV rays, moisture, and chemicals, making it a preferred choice for applications requiring durability and stability under high temperatures. The Asia-Pacific region leads in consumption, with countries like India and China at the forefront. The market is witnessing a shift towards bio-based pressure-sensitive adhesives, presenting new opportunities for product development and competitive differentiation. Key applications of solvent PSA tapes include automotive, conspicuity, general-purpose permanent, and specialty tapes, which benefit from their excellent temperature performance and strong adhesion properties.

The market landscape is partially consolidated, with major players like Henkel, Dow, and HB Fuller driving innovation and production. The United States, as a significant automotive manufacturer, along with its burgeoning packaging sector, contributes to the market's expansion. The demand for solvent pressure sensitive adhesives is expected to rise, supported by the growing consumption of packaged food and the automotive industry's recovery and investment plans. These factors collectively suggest a positive outlook for the market, with continued growth anticipated over the forecast period.

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Solvent Pressure Sensitive Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Adoption of Low Cost Flexible Packaging Aids

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Increasing Threats from Water Borne Pressure Sensitive Adhesives

      2. 1.2.2 Stringent Environmental Regulations Regarding VOC Emissions

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Labels

      2. 2.1.2 Films

      3. 2.1.3 Tapes

      4. 2.1.4 Other Applications

    2. 2.2 End-user Industry

      1. 2.2.1 Automotive

      2. 2.2.2 Packaging

      3. 2.2.3 Medical

      4. 2.2.4 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East & Africa

Solvent Pressure Sensitive Adhesives Market Size FAQs

The Solvent Pressure Sensitive Adhesives Market is projected to register a CAGR of less than 4.5% during the forecast period (2024-2029)

Dow, Henkel AG & Co. KGaA, H B Fuller and Ashland are the major companies operating in the Solvent Pressure Sensitive Adhesives Market.

Solvent Pressure Sensitive Adhesives Report Snapshots

Solvent Pressure Sensitive Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)