Market Size of South America 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 | > 5.00 % |
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*Disclaimer: Major Players sorted in no particular order |
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South America Pressure Sensitive Adhesives Market Analysis
The South America pressure sensitive adhesives (PSA) market is expected to grow at with a CAGR greater than 5% during the forecast period. One of the major factors driving the market is the growing demand from the construction sector. However, stringent environmental regulations regarding VOC emissions is hindering the growth of the market studied.
- Growing aerospace industry in the region is expected to provide a major growth opportunity for the market studied.
- Brazil accounted for the highest share of the market studied and is likely to continue dominating the market during the forecast period.
- Among the technology types, water-borne pressure sensitive adhesives are expected to witness the highest growth rate during the forecast period.
