Market Size of Asia-Pacific Pressure Sensitive Adhesives (PSA) Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 7.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Pressure Sensitive Adhesives Market Analysis
The Asia-Pacific Pressure Sensitive Adhesives market is expected to grow at with a CAGR greater than 7% during the forecast period. One of the major factors driving the market is the increasing adoption of low-cost flexible packaging. However, stringent environmental regulations regarding VOC emissions is hindering the growth of the market studied.
- Adoption of bio-based pressure sensitive adhesives is expected to provide a major growth opportunity for the market studied.
- China accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, packaging industry is expected to dominate the market studied during the forecast period.
