Global Pressure-Sensitive Adhesives Market is expected to grow substantially by 2035. The increasing environmental consciousness and shift towards more sustainable and environmentally friendly options are likely to drive market growth by 2035 (USD 21.56 billion in 2035). Moreover, The global pressure sensitive adhesives market size was valued at USD 14.56 billion in 2024 and is projected to grow at a CAGR of 11.2.0% from 2024 to 2035.
In addition, the growing demand from healthcare, building & construction, and other industries are the significant drivers that drive the growth of the market. Different companies and research institutions that are active in the market also emphasize the creation of environmentally friendly adhesives. This, in turn, is likely to generate enormous opportunities for market growth in the future.
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Demand from Flexible Display Application
Electronic uses like shock absorption, thermal and electrical conductivity, electromagnetic shielding, and optical property have tremendously raised the demand for pressure-sensitive adhesives (PSA). The main material for the optical performance of the display is optically clear adhesives (OCA). A substrate needs essential OCA properties like adhesion strength, transmittance, haze, and reliability in addition to dielectric constant, gap filling, and anti-corrosion. OCA is utilized to bond layers in a display, for example, the cover window, touch panel, polarizers, and light-emitting layer, to ITO (indium tin oxide) film. Hence, flexible display applications growth is turning out to be a market driver for the pressure-sensitive adhesives market size.
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States; Mexico; Canada; France; Germany; United Kingdom; Italy; Russia; China; India; South Korea; Japan; Indonesia; Vietnam; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE |
| Key companies profiled | 3M Co., Henkel AG & Co KgaA, HB Fuller Co., Bostik SA, Cattie Adhesive Solutions, LLC, Ashland Inc., Dyna-Tech Adhesives Inc., Dow Chemical Co Ltd., BASF SE, Exxon Mobil Corp.
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Technology Insights
Water-borne led the market in 2023. This is due to its eco-friendliness and high adoption in the production of tapes and labels. Water-based PSAs find widespread applications on paper and are favored over other technologies for food & beverage labels. In addition, they find applications in the production of general-purpose permanent labels, removable labels, and pharmaceutical labels.
Solvent-based technology is typically acrylic or rubber-based polymer solutions in solvent. The key benefits of solvent-based technology are broad adhesion with fast curing, high strength of bonding, and high chemical and heat resistance. Solvent-based segment is spurred by the use of this technology in tough, demanding, and long-lasting applications.
The market for hot melt technology is likely to increase in the future due to reduced costs compared to other technologies. Hot melt PSAs enable the converters to apply higher coat weight. Furthermore, the versatility provided by hot melts to adhere on both smooth and rough surfaces is a major reason for the faster growth of this segment.
End Use Insights
Packaging led the market in 2023. Tapes have a wide range of applications in packaging sector starting from containers, boxes, and envelopes to bank bags and pouches. Self-adhesive labels are widely used for packaged food & beverages, cosmetics, warehouse boxes, jars, pharmaceutical and packaging among others. Friendly usage nature and fast bonding speed provided by tapes and self-adhesive labels are the prime drivers for the product demand in the packaging sector.
PSAs are employed in building & construction sector as well for automotive, roofing linings, vapor barriers, masking, and interior design applications. Organizations are executing various measures to find out and investigate the possibility of specialty tapes in the construction sector. For example, The Pressure Sensitive Tape Council (PSTC) organized an event related to the application of PSAs in the building & construction sector in May 2019 in Baltimore.
North America Pressure Sensitive Adhesives Market Trends
North America’s pressure sensitive adhesives are expected to see tremendous growth in the market. The development of the construction industry, particularly in housing and commercial sectors, requires a variety of adhesive products for insulation, roofing, and flooring. Furthermore, the increasing demand for PSAs in wound care, drug delivery systems, and medical tapes is driven by the healthcare industry’s reliance on disposable medical devices and the aging population.
U.S. Pressure Sensitive Adhesives Market Trends
The U.S. pressure sensitive adhesives market led North America in 2023. A number of key drivers propel the U.S. pressure sensitive adhesives (PSA) market. The expanding e-commerce industry is a significant factor, as PSAs are crucial for packaging and shipping products. In addition, the rising focus on vehicle electrification is propelling the application of PSA in the automotive sector, as there is a need for lightweight and efficient parts.
Europe Pressure Sensitive Adhesives Market Trends
Europe’s pressure sensitive adhesives market was found profitable in 2023 with the emphasis on developing innovative and customized products. The continent is a hub for research and development of adhesive technologies, leading to the development of sophisticated PSAs for targeted applications. Additionally, the increasing importance of sustainability has driven the demand for sustainable PSAs developed from renewable resources and with low environmental footprint. Moreover, the increasing demand for DIY and home improvement projects is opening possibilities for consumer-grade PSA products.
Global pressure sensitive adhesives market report based on product, technology, adhesive chemistry, end use, and region
- Product Outlook (Revenue, USD Billion, Kilo Tons, 2018 – 2035)
- Tapes
- Labels
- Graphic Films
- Others
- Technology Outlook (Revenue, USD Billion, Kilo Tons, 2018 – 2035)
- Water-borne
- Solvent-borne
- Hotmelt
- Radiation Cured (UV Cured)
- Adhesive Chemistry Outlook (Revenue, USD Billion, Kilo Tons, 2018 – 2035)
- Acrylic
- Rubber
- Silicone
- Others
- End Use Outlook (Revenue, USD Billion, Kilo Tons, 2018 – 2035)
- Automotive
- Electrical & Electronics
- Consumer Goods
- Packaging
- Construction
- Others
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Recent Developments
Henkel’s Aquence PS 3017 adhesive solution, in April 2024, got the certification from cyclos-HTP Institute (CHI), proving the recyclability of packaging component.
In April 2024, Bostik, being a part of Arkema engaged in adhesive solutions, invested in UV acrylic HMPSA technologies, thus extending UV acrylic hot melt pressure sensitive adhesive in North American plants and provide high-performance products to the market.
In November 2023, Engineered Polymer Solutions (EPS) introduced EPS 2133, a new resin for Pressure-Sensitive Adhesives (PSAs).
