NEW YORK, May 19, 2016 /PRNewswire/ -- Opportunities in the Global Pressure Sensitive Adhesives Market : Lightweighting and Boosting Throughput of End Products to Drive Growth
This research service analyzes the opportunities for acrylic, rubber based and other (silicone, polyurethane, and EVA) chemistries in the global pressure sensitive adhesives market. The study also analyzes the market by technology (waterborne, solventborne, hot melt, and UV curable). Furthermore, regional analysis and analysis by product form have also been performed for each product segment. Major industry drivers, restraints, regulatory, and end-user industry trends impacting the global pressure sensitive adhesives market are also discussed in this study. Unit shipment and revenue forecasts have been provided at chemistry and application levels for each segment for the period 2012-2022.
Key Findings
1 The global pressure sensitive adhesives (PSA) market is dominated by acrylic and rubber-based chemistries because of their ability to balance the temporary and permanent adhesion levels for individual applications. However, acrylics consumption surpasses the rubber-based chemistry, as it is sometimes the only choice in automotive and construction industries and industrial sector.
2 Hot melts are expected to be the fastest growing technology because of their ease of application and superior environmental footprint. Furthermore, the emergence of acrylic UV-curable technology, which is only available as hot melts, has added to the demand for this particular technology over the conventional waterborne and solventborne technologies.
3 Despite having a superior set of properties in terms of initial strength, ease of application, weather ability, resistance to chemicals, and sustainable value, polyurethane (PU) and silicone will continue to witness limited penetration owing to their high pricing. As most PSA products are utilized in high volume applications, end users are keen to adopt cost-effective solutions that possess the performance traits of both PU and silicone.
4 Asia-Pacific (APAC) is expected to be the fastest growing region owing to the healthy growth of end-user industries. The rapidly growing automotive industry is expected to accelerate the acrylics market, as a major volume of solventbased acrylics is used in these applications. Furthermore, growth in the food industry is expected to bolster the volume of rubber-based adhesives.
5 The PSA market as a whole faces a constant substitution threat, especially in labeling applications to competing technologies such as glue systems and wrap around. Therefore, it is imperative for manufacturers to focus on thinner end products and aesthetics, which are the two major advantages of the afore-mentioned technologies.
Key Questions
• At what stage is the market lifecycle, and how is it expected to grow?
• What are the key factors driving and restraining market growth?
• What are the dynamics influencing the pressure sensitive adhesives market?
• What are the growth opportunities for the individual end industry sectors?
• Which are the leading market participants?
• What are the key competitive factors governing the market?
Read the full report: http://www.reportlinker.com/p03827267-summary/view-report.html
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