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Pressure Sensitive Adhesives Market Size
- Report ID: GMI2385
- Published Date: Mar 2023
- Report Format: PDF
Pressure Sensitive Adhesives Market Size
Pressure Sensitive Adhesives Market size surpassed USD 8.3 billion in 2022 and is likely to grow at 6% CAGR from 2023 to 2032 due to rising use of tapes and labels in automotive & transportation applications.
Pressure-sensitive tapes are utilized in the car’s exterior and interior trim, bonnet, and body as they offer a multitude of benefits over conventional adhesive methods. Owing to their vibration and noise-damping capabilities, they improve the driving experience without increasing the weight of the vehicle. The surging use of tapes and labels in the manufacturing of lightweight vehicles is likely to pave the way for industry progress.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Pressure Sensitive Adhesives Market Size in 2022: | USD 8.3 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6% |
| 2032 Value Projection: | USD 15.4 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 410 |
| Tables, Charts & Figures: | 517 |
| Segments covered: | Technology, Product, Application, Sector, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Pressure-sensitive adhesives are also considered reliable for electric vehicles’ battery pack applications such as dielectric insulation, flame retardance, bonding, and others. The growing inclination of customers towards electric cars is likely to proliferate the demand for pressure-sensitive tapes.
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Pressure Sensitive Adhesives Market Scope
