Solvent Pressure Sensitive Adhesives are a type of adhesives that are made of thin, flexible material with a single or double-sided coating and applied to clean & dry surfaces with pressure, as pressure-sensitive adhesives tapes will adhere to a variety of substrates to activate pressure-sensitive adhesives, no solvent, water, or heat is essentially the amount of pressure used to put in the adhesive to the surface has a direct collision on the bond. According to BlueQuark Research & Consulting, the global Solvent Pressure Sensitive Adhesives are expected to witness significant growth during the forecasted period. Factors like the increasing adoption of low-cost, flexible packaging aid in boosting the development of the global Solvent Pressure-Sensitive Adhesive market in the forecasted period. Further, the worldwide Solvent Pressure-Sensitive Adhesives market is driven by increasing demand for lightweight vehicles requiring fewer maintenance charges, thus reducing expenses. Furthermore, the steady growth in the construction industry & the rising number of construction activities in developing countries is vital factors expected to drive the Solvent Pressure Sensitive Adhesives market growth driving the forecasted period. However, the availability of natural rubber and organic chemicals in the production of pressure-sensitive tapes is hampering the development of the global Solvent Pressure Sensitive Adhesives market. Also, increasing raw material prices and the volatility in crude oil prices negatively affect the global market's growth.
Solvent Pressure Sensitive Adhesives are widely used across packaging, medical, automotive, electronic, & other manufacturing industries.
The Solvent Pressure-Sensitive Adhesives tapes are worn in day-to-day life for various purposes in numerous applications such as packaging and attaching. These adhesives exhibit excellent clarity & UV resistance. Solvent PSA tapes are widely resistant to weathering and aging that compromises many bonds, especially when exposed to UV rays, moisture, & chemicals, as they maintain stability when exposed to high temperatures, making it go to adhesive layer, especially for thermal applications. Flexible packaging is the most effective method for packaging, distributing, & preserving food, pharmaceuticals, beverages, & other products, which need extended shelf life. The flexible packaging industry has witnessed growth over the past decade due to the demand from end-users. Thus, pressure sensitive adhesive tape are being made used as a standard tool by packaging engineers. They assist in keeping the packaging engineers, as they help keep the packaging in place until it reaches its required location. Some of the significant advantages of solvent pressure-sensitive adhesives tapes include Good low and high-temperature performance, Suitable for high grab, heat seal, or truck-edge marking, Toluene free, Excellent temperature resistance, good adhesion on various substrates, like ABS, PVC, PS, PA, and aluminum, Very aggressive tack, for splicing of multiple materials, Excellent peel retention on highly plasticized PVC banners. All these factors collectively boost the demand for solvent pressure adhesives, augmenting the global Solvent Pressure Sensitive Adhesives market growth.
The North American region is awaited to grow considerably in the Solvent Pressure-Sensitive Adhesives market during the forecast period. Increasing demand for lightweight and low-emission automotive is propelling the market growth of Solvent Pressure Sensitive Adhesives. Polymer-based and hot adhesives are majorly used for panel laminations and trim in the automotive industry. Growing awareness regarding the low-weight vehicles with increased fuel efficiency & lower emissions is further expected to drive the demand for such adhesives from the automotive industry. The lightweight vehicle needs fewer maintenance charges, thus reducing the expenses. Hence, the growing demand for fuel-efficient cars is expected to foster market growth. The rising popularity of miniaturization of electronic devices such as portable computers, cell phones, & tablets is projected to augment the market growth of Solvent Pressure Sensitive Adhesives. The smartphone is one of the famous examples of miniaturization of electronic devices and is expected to accelerate the market growth of Solvent Pressure Sensitive Adhesives. The development of the packaging segment is credited to the increase in the need for single and double-sided coated PSA tapes in flexible packaging demand. This demand will further improve by increasing demand in the packaging industry as joining and fastening solutions. These adhesives are worn in various electronic devices, hygiene & medical packaging, packaging for drug delivery, consumer goods, and industrial goods. Acrylic based pressure sensitive adhesives are thermoplastic in nature and can be prepared with modified acrylic monomers and polymers with a low glass transition temperature. These pressure sensitive adhesives are low-cost, versatile, and provide enhanced performance properties, making them suitable for label applications. Acrylic Pressure sensitive Adhesives is polar in nature and keeps to stick well to polar materials or substrates such as glass, polyesters, polycarbonates, metals, and neoprene. These are major pressure sensitive adhesives market growth factors.
Some of the market's key players are Henkel AG & Co. KGaA, The Dow Chemical Company, Avery Dennison Corporation, H.B. Fuller Company, The 3M Company, Arkema Group, and Sika AG.
In February 2020, Henkel Adhesives Technologies opened its new production facility in Kurkumbh, India, near Pune. The unit serves the growing need for high-performance solutions in adhesives, sealants, and surface treatment products in Indian industries. Designed as an intelligent factory, the latest plant will also help an extensive range of Industry 4.0 operations reach the highest sustainability standards.
In May 2021, with the organized acquisition of Edge Adhesive Texas, a complementary asset in pressure-sensitive adhesives and hot melt adhesive tape for residential construction, Arkema Group surged its Bostik offering of high-performance bonds in the United States.
Global Solvent Pressure Sensitive Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Solvent Pressure Sensitive Adhesives market by segmenting based on Applications (Labels, Films, Tapes, Others), End-User Industry (Packaging, Automotive, Medical, and Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Global Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
North America Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
United States Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Canada Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Mexico Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Europe Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
United Kingdom Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Germany Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Italy Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
France Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Other Supporting Charts
Rest of Europe Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
South America Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Brazil Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Argentina Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Rest of South America Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Asia-Pacific Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
China Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
India Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Japan Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
South Korea Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Rest of Asia-Pacific Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Middle East & Africa Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Saudi Arabia Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
South Africa Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027
Rest of Middle-East & Africa Solvent Pressure Sensitive Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027