Market Size of United States 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 | > 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Pressure Sensitive Adhesives Market Analysis
The United States Pressure Sensitive Adhesives (PSA) market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the shifting focus to 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 in the country is expected to provide a major growth opportunity for the market studied in the coming future.
- Among the resins, Acrylic is expected to dominate the market during the forecast period.
- Among the end-user industries, packaging industry accounted for the highest market share and is expected to dominate the market during the forecast period.