What is Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market?
The Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market is a vast and dynamic sector that deals with the production, distribution, and application of solvent-based acrylic adhesives that are pressure sensitive. These adhesives are unique because they do not require heat, water or any other form of activation to adhere to surfaces. Instead, they bond with surfaces upon contact, thanks to the pressure applied. This market is global, meaning it spans across continents, catering to various industries worldwide. The market's scope is broad, encompassing a wide range of applications, from packaging to automotive, electronics, construction, and more. The versatility and efficiency of these adhesives have fueled their demand, leading to the growth and expansion of this market.
Solid Content≥35%, Solid Content＜35% in the Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market:
The Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market is segmented based on the solid content of the adhesive. There are two main categories: Solid Content≥35% and Solid Content＜35%. The former refers to adhesives with a solid content of 35% or more. These adhesives are typically more robust and durable, making them suitable for heavy-duty applications. On the other hand, adhesives with a solid content of less than 35% are generally more flexible and easier to work with, making them ideal for applications that require a delicate touch. The choice between these two types depends on the specific requirements of the application.
Tape, Label, Protective Film, Other in the Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market:
The Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market finds its usage in various areas such as Tape, Label, Protective Film, and Others. In the tape industry, these adhesives are used to manufacture different types of tapes, including packaging tapes, masking tapes, duct tapes, and more. In the label industry, they are used to produce labels for various products, ensuring they stick effectively to the product surface. In the protective film industry, these adhesives are used to create films that protect surfaces from scratches, dust, and other forms of damage. Other applications include automotive, electronics, construction, and more.
Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market Outlook:
Looking at the market outlook, the Global Solvent-Based Acrylic Pressure Sensitive Adhesive Market has shown significant growth over the years. In 2023, the market was valued at US$ 891.9 million. However, it is projected to reach a staggering US$ 1333.5 million by 2030. This growth represents a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for these adhesives in various industries, coupled with their efficiency and versatility.
| Report Metric | Details |
| Report Name | Solvent-Based Acrylic Pressure Sensitive Adhesive Market |
| Accounted market size in 2023 | US$ 891.9 million |
| Forecasted market size in 2030 | US$ 1333.5 million |
| CAGR | 6.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Henkel, 3M, Arkema, Soken Chemical & Engineering, Nitto Denko, Avery Dennison, Tesa SE, LG Chem, Berry Plastics, Jiangyin Shuanghua Science and Technology, Xinfeng Group, HB Fuller |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
