Market Size of Acrylic Pressure Sensitive Adhesives (PSA) Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | < 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Acrylic Pressure Sensitive Adhesives Market Analysis
The market for acrylic pressure-sensitive adhesives (PSA) is expected to register a CAGR of around 6% during the forecast period. Major factors driving the market studied are the rising demand for lightweight and low emission automotive and the increasing adoption of low-cost flexible packaging aids. However, stringent environmental regulations regarding emissions are expected to hinder the market growth.
- The tapes segment dominated the marketand is expected to grow during the forecast period, owing to the growing end-user industries, such as packaging, medical, and transportation.
- The shifting focus toward bio-based PSAs is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the globe with the largest consumption from the countries, such as China, Japan, and India.
