Pressure Sensitive Adhesives Market Segmentation:
Application
The tapes segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the rising sales of tapes in the packaging industry for keeping the packaging in place until it reaches its required location. Adhesive tapes are used to bond objects together by eliminating the use of welding, fasteners, screws, and others. Tapes come in multiple forms such as electrical, masking, packing, flooring, painting, and duct tape. Adhesive tapes are required in a wide array of industries such as paper & printing, building & construction, retail, consumer & office, electrical & electronics, automotive, white goods, and others. The growth of these industries is projected to be interlinked with the growth of the tapes segment owing to its higher demand.
End-user
The packaging segment is expected to garner a significant share among these segments over the forecast period. higher utilization of pressure-sensitive adhesives in medical packaging, flexible packaging, and others is expected to propel the market growth over the forecast period. The proper packaging of the medical product is necessary since it is responsible to preserve the medicine throughout its lifecycle. Pressure-sensitive adhesives are used in medical packaging to prevent moisture and oxidation of the packaged medical product.
Our in-depth analysis of the global market includes the following segments:
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By Composition |
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By Technology |
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By Application |
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By End-User Industry |
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