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Published Date: 2014-06-20Number of Pages: 95

Pressure Sensitive Adhesives Market (Water-based, Solvent-based, Hot Melt, Radiation Cured) For Tapes, Specialty, Labels, Graphics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Pressure sensitive adhesives are formulations of chemicals/polymers that bond with a surface by applying pressure. Pressure sensitive adhesives are utilized for various purposes in packaging, automotive, electronics, construction, furniture, footwear and in several consumer products among others. Pressure sensitive adhesives can be derived from different chemistries such as acrylic, polyurethane, styrene butadiene and silicone.

The global pressure sensitive adhesives market is expected to be driven by the increasing adoption of RFID labels attributed to their role in improvement of inventory management. Additionally, growth in automotive applications supported by increasing pressure from regulatory bodies for light weight, low emission and better mileage performance in vehicles is expected to drive market growth. Furthermore, rising demand from electronics applications due to a shift to miniaturization of devices is anticipated to fuel the market for pressure sensitive adhesives. However, volatile feedstock prices of petroleum based raw materials for pressure sensitive adhesives, and regulations against chemicals that emit volatile organic compounds (VOC) are expected to hinder market growth.

The global pressure sensitive adhesives market can be classified based on the product types, into four segments as, water-based, solvent-based, hot melt, and radiation cured pressure sensitive adhesives. Water-based pressure sensitive adhesive are expected to be the fastest growing segment over the forecast period along with being the largest product segment in 2012. Solvent-based pressure sensitive adhesives were the second largest segment in 2012. These products are projected to lose market share as they emit harmful volatile organic compounds. Such chemicals are heavily regulated and are restricted for use, away from populated areas. Hot melt adhesives are being eagerly adopted, especially for construction applications because of their high bond strength and easy applicability that helps in reducing the process time. Radiation cured pressure sensitive adhesives find utility in applications where high bond strength is necessary, such as masking tapes for sub zero temperature and within electronic devices where the temperature might rise above 100 degrees Celsius.

Tapes dominated the application market and accounted for more than 40% of the total market in 2012. Labeling applications are anticipated to grow at a CAGR of 5.1% from 2013 to 2019 owing to increasing adoption of RFID labels by companies for better inventory management. RFID label sales account for about a quarter of the total label sales in the market. Retail labeling applications are also anticipated to contribute to the fastest growing application segment for pressure sensitive adhesives. Furthermore, the growing demand for lighter automotives is one of the major factors driving the demand for pressure sensitive adhesives in automotive industries classified as specialty applications. Paper making is another key market for pressure sensitive adhesives. Other water soluble polymer applications include food, pharmaceuticals, mining, agriculture, etc.

Asia Pacific continued dominating the pressure sensitive adhesives market and accounted for more than 40% of the total volume in 2012. Asia Pacific along with being the largest market is also the fastest growing market for pressure sensitive adhesives. Major demand is estimated to come from the automotive and electronics industry. Furthermore, consumer goods such as footwear, office stationary and furniture also contributed to the demand. Mature markets of Europe and North America are expected to witness an average growth rate over the next six years. Medical industry is a significant end-use industry in these regions. Additionally, regulatory authorities such as Environment Protection Agency (EPA) in the U.S. and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in Europe, have set stringent codes of conduct for the chemical industry to improve sustainability. This requires substantial investments for new environment friendly product development and process improvement by market players to comply with the regulations and improve sustainability. North America was the second largest market for pressure sensitive adhesives and is expected to remain so till 2019.

pressure-sensitive-adhesives-market

Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global pressure sensitive adhesives market segmentation, by product, application and region
1.3 Research scope
      1.3.1 Assumptions
1.4 Research methodology

Chapter 2 Executive Summary
2.1 Global pressure sensitive adhesives market
      2.1.1 Global pressure sensitive adhesives market, 2012 – 2019 (Kilo Tons) (USD Million)
2.2 Global pressure sensitive adhesives market snapshot, 2012 & 2019

Chapter 3 Pressure Sensitive Adhesives Market - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Improved inventory management enabled by RFID labels
               3.3.1.1 Global RFID labels market revenue, 2011 - 2019 (USD Billion)
      3.3.2 Rise in demand for light-weight and low emission automotives
              3.3.2.1 Global motor vehicle market volume, 2007 - 2019 (Million units)
      3.3.3 Shift towards miniaturization of electronic devices
              3.3.3.1 Global electronic devices market revenue, 2011 - 2019 (USD Billion)
      3.3.4 Increasing adoption of low cost flexible packaging aids
              3.3.4.1 Global pressure sensitive tape demand, 2011 - 2019 (million square meters)
3.4 Market restraints
      3.4.1 Volatile crude oil prices cause pressure on margins
               3.4.1.1 Global crude oil prices, 2008–2013 (USD/Barrel)
      3.4.2 Environmental regulations against VOC emissions from solvent-based pressure sensitive adhesives
3.5 Opportunities
      3.5.1 Development and commercialization of bio-based pressure sensitive adhesives
      3.5.2 Shift towards silicone based pressure sensitive adhesives in Asia
3.6 Porter’s Five Forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of new entrants
      3.6.4 Threat from substitutes
      3.6.5 Degree of competition
3.7 Pressure sensitive adhesives: Market attractiveness analysis, 2012
3.8 Pressure sensitive adhesives: Company market share analysis, 2012

Chapter 4 Pressure Sensitive Adhesives Market - Product Segment Analysis
4.1 Global pressure sensitive adhesives market: Product segment overview
      4.1.1 Global pressure sensitive adhesives market volume share, by product segment, 2012 and 2019
4.2 Water-based pressure sensitive adhesives
      4.2.1 Global market for water-based pressure sensitive adhesives, 2012 – 2019 (Kilo Tons) (USD million)
4.3 Solvent-based pressure sensitive adhesives
      4.3.1 Global market for solvent-based pressure sensitive adhesives, 2012 - 2019 (Kilo Tons) (USD million)
4.4 Hot melt pressure sensitive adhesives
      4.4.1 Global market for hot melt pressure sensitive adhesives, 2012 - 2019 (Kilo Tons) (USD million)
4.5 Radiation cured pressure sensitive adhesives
      4.5.1 Global market for radiation cured pressure sensitive adhesives, 2012 – 2019 (Kilo Tons) (USD million)

Chapter 5 Pressure Sensitive Adhesives Market - Application Analysis
5.1 Global pressure sensitive adhesives market: Application overview
      5.1.1 Global pressure sensitive adhesives market volume share, by application, 2012 and 2019
5.2 Tapes
      5.2.1 Global pressure sensitive adhesives market for tapes, 2012 – 2019 (Kilo Tons) (USD million)
5.3 Specialty
      5.3.1 Global pressure sensitive adhesives market for specialty, 2012 – 2019 (Kilo Tons) (USD million)
5.4 Labels
      5.4.1 Global pressure sensitive adhesives market for labels, 2012 – 2019 (Kilo Tons) (USD million)
5.5 Graphics
      5.5.1 Global pressure sensitive adhesives market for graphics, 2012 – 2019 (Kilo Tons) (USD million)
5.6 Others (Automotive trims, note pad, dental adhesives, etc.)
      5.6.1 Global pressure sensitive adhesives market for Others (automotive trims, note pad, dental adhesives, etc.), 2012 – 2019 (Kilo Tons) (USD million)

Chapter 6 Pressure Sensitive Adhesives Market - Regional Analysis
6.1 Global pressure sensitive adhesives market: Regional overview
      6.1.1 Global pressure sensitive adhesives market volume share, by region, 2012 and 2019
6.2 North America
      6.2.1 North America pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
      6.2.2 North America pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD million)
      6.2.3 North America pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
      6.2.4 North America pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD million)
6.3 Europe
      6.3.1 Europe pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
      6.3.2 Europe pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD million)
      6.3.3 Europe pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
      6.3.4 Europe pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD million)
6.4 Asia Pacific
      6.4.1 Asia Pacific pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
      6.4.2 Asia Pacific pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD million)
      6.4.3 Asia Pacific pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
      6.4.4 Asia Pacific pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD million)
6.5 Rest of the World (RoW)
      6.5.1 RoW pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
      6.5.2 RoW pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD million)
      6.5.3 RoW pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
      6.5.4 RoW pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD million)

Chapter 7 Company Profiles
7.1 3M Company
      7.1.1 Company overview
      7.1.2 Product Portfolio
      7.1.3 Financial Overview
      7.1.4 Business strategy
      7.1.5 SWOT analysis
      7.1.6 Recent developments
7.2 Ashland Inc.
      7.2.1 Company overview
      7.2.2 Product portfolio
      7.2.3 Financial overview
      7.2.4 Business strategy
      7.2.5 SWOT analysis
      7.2.6 Recent developments
7.3 Avery Dennison Corporation
      7.3.1 Company overview
      7.3.2 Product portfolio
      7.3.3 Financial overview
      7.3.4 Business strategy
      7.3.5 SWOT analysis
      7.3.6 Recent developments
7.4 BASF SE
      7.4.1 Company overview
      7.4.2 Product portfolio
      7.4.3 Financial overview
      7.4.4 Business strategies
      7.4.5 SWOT analysis
      7.4.6 Recent developments
7.5 Bostik SA
      7.5.1 Company overview
      7.5.2 Product portfolio
      7.5.3 Financial overview
      7.5.4 Business strategy
      7.5.5 SWOT analysis
      7.5.6 Recent developments
7.6 Dow Chemical Company
      7.6.1 Company overview
      7.6.2 Product portfolio
      7.6.3 Financial overview
      7.6.4 Business strategies
      7.6.5 SWOT analysis
      7.6.6 Recent developments
7.7 Ellsworth Adhesives
      7.7.1 Company overview
      7.7.2 Product portfolio
      7.7.3 Business strategies
      7.7.4 SWOT analysis
      7.7.5 Recent developments
7.8 H.B Fuller company
      7.8.1 Company overview
      7.8.2 Product portfolio
      7.8.3 Financial Overview
      7.8.4 Business strategies
      7.8.5 SWOT analysis
      7.8.6 Recent developments
7.9 Henkel AG & Co. KGaA
      7.9.1 Company overview
      7.9.2 Product portfolio
      7.9.3 Financial Overview
      7.9.4 Business strategy
      7.9.5 SWOT analysis
      7.9.6 Recent developments
7.10 LG Chem
      7.10.1 Company overview
      7.10.2 Product Portfolio
      7.10.3 Financial overview
      7.10.4 Business strategy
      7.10.5 SWOT analysis
      7.10.6 Recent developments

List of Figures 

FIG. 1 Global pressure sensitive adhesives market segmentation, by product, application and region
FIG. 2 Global pressure sensitive adhesives market, 2012 – 2019 (Kilo Tons) (USD Million)
FIG. 3 Pressure sensitive adhesives market: Value chain analysis
FIG. 4 Global RFID labels market revenue, 2011 - 2019 (USD Billion)
FIG. 5 Global motor vehicle market volume, 2007 - 2019 (Million units)
FIG. 6 Global electronic devices market revenue, 2011 - 2019 (USD Billion)
FIG. 7 Global pressure sensitive tape demand, 2011 - 2019 (million square meters)
FIG. 8 Global crude oil prices, 2008–2013 (USD/Barrel)
FIG. 9 Porter’s Five Forces analysis for pressure sensitive adhesives
FIG. 10 Pressure sensitive adhesives: Market attractiveness analysis, 2012
FIG. 11 Pressure sensitive adhesives: Company market share analysis, 2012
FIG. 12 Global pressure sensitive adhesives market volume share, by product segment, 2012 and 2019
FIG. 13 Global market for water-based pressure sensitive adhesives, 2012 – 2019 (Kilo Tons) (USD million)
FIG. 14 Global market for solvent-based pressure sensitive adhesives, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 15 Global market for hot melt pressure sensitive adhesives, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 16 Global market for radiation cured pressure sensitive adhesives, 2012 – 2019 (Kilo Tons) (USD million)
FIG. 17 Global pressure sensitive adhesives market volume share, by application, 2012 and 2019
FIG. 18 Global pressure sensitive adhesives market for tapes, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 19 Global pressure sensitive adhesives market for specialty, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 20 Global pressure sensitive adhesives market for labels, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 21 Global pressure sensitive adhesives market for graphics, 2012 - 2019 (Kilo Tons) (USD million)
FIG. 22 Global pressure sensitive adhesives market for Others (automotive trims, note pad, dental adhesives, etc.), 2012 - 2019 (Kilo Tons) (USD million)
FIG. 23 Global pressure sensitive adhesives market volume share, by region, 2012 and 2019

List of Tables

TABLE 1 Global pressure sensitive adhesives market snapshot, 2012 & 2019
TABLE 2 Drivers for pressure sensitive adhesives market: Impact analysis
TABLE 3 Restraints for pressure sensitive adhesives market: Impact analysis
TABLE 4 Recent joint ventures in the industry
TABLE 5 North America pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
TABLE 6 North America pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD Million)
TABLE 7 North America pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
TABLE 8 North America pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD Million)
TABLE 9 Europe pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
TABLE 10 Europe pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD Million)
TABLE 11 Europe pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
TABLE 12 Europe pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD Million)
TABLE 13 Asia Pacific pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
TABLE 14 Asia Pacific pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD Million)
TABLE 15 Asia Pacific pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
TABLE 16 Asia Pacific pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD Million)
TABLE 17 RoW pressure sensitive adhesives market volume, by product segment, 2012 - 2019 (Kilo Tons)
TABLE 18 RoW pressure sensitive adhesives market revenue, by product segment, 2012 - 2019 (USD million)
TABLE 19 RoW pressure sensitive adhesives market volume, by application, 2012 - 2019 (Kilo Tons)
TABLE 20 RoW pressure sensitive adhesives market revenue, by application, 2012 - 2019 (USD million)

Growing demand from electronics and automotive applications supported by increasing pressure from regulatory bodies for better processes with reduction in carbon footprint is expected to fuel the global demand for pressure sensitive adhesives. Additionally, increasing demand from labeling and packaging applications attributed to improved inventory management and low cost flexible packaging materials, respectively, are expected to further fuel the demand for pressure sensitive adhesives. However, volatile feedstock prices for petroleum based pressure sensitive adhesives and regulations against volatile organic compounds (VOC) from solvent based pressure sensitive adhesives are expected to hinder market growth of pressure sensitive adhesives. 

Inflation is not a part of pricing in this report. Prices of pressure sensitive adhesives vary in each region. Given that different end-users make use of different types of products, the pricing for each application varies according to region while estimating and forecasting market revenue on a global basis. The regional average price has been considered while breaking down the market by product types in each region. The size of the global pressure sensitive adhesives market has been presented in terms of both volume as well as revenue. Market volumes are given in terms of kilo tons, while market revenue is provided in terms of USD million. The market numbers for the pressure sensitive adhesives market are also given on the basis of product type and application in the context of the global as well as the regional markets. Additionally, the market size and the forecast for each major application is provided in the context of the global as well as the regional market. The numbers provided in this report are derived on the basis of demand for pressure sensitive adhesives from various end-user applications in different regions. The study has included information available through primary as well as secondary research. 

This report gives a detailed description of the global pressure sensitive adhesives market based on volume share (kilo tons) and revenue (USD million) for the period 2013 to 2019. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2013-2019 for pressure sensitive adhesives have been given separately, for better understanding of the market scenario. The pressure sensitive adhesives market is described with respect to their various segments along with the opportunities that are expected in the coming six years.

For the regional analysis, the global pressure sensitive adhesives market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The pressure sensitive adhesives market has been segmented based on the following product types – water-based, solvent-based, hot melt, and radiation cured pressure sensitive adhesives. The study also analyses market attractiveness for all product segments of pressure sensitive adhesives with the help of the market attractiveness analysis tool.

The study also includes the segments of the market based on application as tapes, labels, graphics, specialty and others including notepads, dental adhesives, automotive trims, etc. The study provides forecasts and estimates for each application segment in terms of revenue and volume over the forecast period from 2013 to 2019. 

For a more comprehensive view of the market, a value chain analysis and Porter’s five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as 3M Company, HB Fuller, Henkel AG, BASF SE, LG Chem, and Ashland, Inc. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.

The report segments the global pressure sensitive adhesives market as:
  • Pressure Sensitive Adhesives Market – Product Segment Analysis
    • Water-based
    • Solvent-based
    • Hot melt
    • Radiation cured
  • Pressure Sensitive Adhesives Market – Application Analysis
    • Tapes
    • Specialty
    • Labels
    • Graphics
    • Others (Automotive trims, dental adhesives, notepads, etc.)
  • Pressure Sensitive Adhesives Market - Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World


 
 
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