London, UK (PRWEB) October 24, 2013
The global market for PSAs (pressure sensitive adhesives) is forecast to reach USD 8.4 billion by 2018. The major factors that will propel the growth in the sector include the ever-increasing need for end-user products’ weight saving, high performance bonding solutions, sustainable developments, soaring demand for labels and tapes, an increase in the gross domestic product (GDP), rising purchasing power, among others. However, the market growth could be challenged by fluctuating raw material costs, the lack of proper technology infrastructure in developing nations, and massive investments in research and development (R&D).
During the next few years, the highest revenue growth is expected in Asia-Pacific, especially in China and India, due to high levels of PSA consumption in these two industrialized countries. The European market development is currently decelerating; whereas the market of Africa, though still in its nascent stage, is being a witness to high growth owing to increased spending on infrastructure. The extensive use of PSAs in the automotive industry is likely to result in the robust growth of the tapes segment in the years ahead. Furthermore, as health awareness grows among people, the demand for PSA for medical apps is expected to surge in the near future. BASF, Ashland, Avery Dennison, and 3M are the most distinguished players in the adhesives business.
New cutting-edge research report “Pressure Sensitive Adhesives Market by Technology (Water-Based, Solvent-Based, Hot Melt & Radiation), by Application (Industrial Tapes, Specialty Tapes, Medical Tapes, Labels, Graphics & Others) & by Geography - Global Trends & Forecasts to 2018” worked out by MarketsandMarkets (M&M) has been recently published by Market Publishers Ltd.
Title: Pressure Sensitive Adhesives Market by Technology (Water-Based, Solvent-Based, Hot Melt & Radiation), by Application (Industrial Tapes, Specialty Tapes, Medical Tapes, Labels, Graphics & Others) & by Geography - Global Trends & Forecasts to 2018
Published: October, 2013
Price: US$ 4,650.00
The report provides an impartial and complete analysis of the global PSA market, categorised on the basis of technology, application and geography. The study offers detailed volume and value estimates and forecasts to 2018 for the global market and its various submarkets with respect to the five key regions (North America, Europe and Eurasia, Asia-Pacific, Latin America, and the Middle East and Africa) as well as their pertinent leading countries. The research sheds light on key market drivers, restraints, opportunities, burning issues, winning imperatives, and regulations. Porter’ five forces analysis is included. Additionally, the competitive landscape review along with extensive profiles of 20 companies, including their financials, products and services, developments, strategies, and other company-specific information, can be found in the market research report.
More new market research reports by the publisher can be found at M&M page.