Pressure Sensitive Adhesives Market Size

Pressure Sensitive Adhesives Market Insights

Pressure Sensitive Adhesives Market size was valued at USD 13.4 billion in 2023 and is poised to grow from USD 13.88 billion in 2024 to USD 18.42 billion by 2032, growing at a CAGR of 3.6% during the forecast period (2025-2032).

Product multiplication and escalating competitiveness is intensifying the complexity of packaging requirements, particularly in the food and beverage industry, thereby creating new growth opportunities for the global pressure sensitive adhesives market. This is owing to the fact that PSAs provide the flexibility needed to meet these complicated needs. PSAs are also utilized in other sectors, such as automotive, where it can be found in safety and warning labels as well as component identification labels throughout the supply chain.

In an average car, about 1 square meter of label is used, with just 10 to 15% of the labels visible to car owners being tire pressure and warning labels. The remaining labels, which are not visible to the automobile owner, are put to automotive parts. During assembly, they are used to indicate the component number and product specifications.

The growing demand for convenience packaging, particularly in the food and beverage industries, is one of the primary drivers of the pressure sensitive adhesives market. Because of their ability to establish a safe and trustworthy seal that preserves food clean and devoid of infection, PSAs are commonly utilized in food packaging.

However, rising raw material prices are a significant concern influencing producers and may stifle industry expansion. Acrylic polymers, rubber-based polymers, silicone polymer compounds, tackifiers, and chemicals are the key raw ingredients utilized in the production of PSAs.

FAQs

Pressure Sensitive Adhesives Market size was valued at USD 12.83 Billion in 2023 and is poised to grow from USD 13.38 Billion in 2024 to USD 18.74 Billion by 2032, growing at a CAGR of 4.30% during the forecast period (2025-2032).

The global pressure sensitive adhesives (PSAs) market is highly competitive, with several key players vying for market share. Due to their high expertise, large product range, and ongoing strategic activities such as acquisition and new product releases, 3M Company, Avery Dennison, and Henkel are the market's global leaders. These businesses are strongly integrated in their production operations. '3M Company (US) ', 'Avery Dennison Corporation (US) ', 'Henkel AG & Co. KGaA (Germany) ', 'H.B. Fuller Company (US) ', 'Arkema Group (France) ', 'Sika AG (Switzerland) ', 'Dow Chemical Company (US) ', 'Ashland Global Holdings Inc. (US) ', 'Jowat SE (Germany) ', 'RPM International Inc. (US) ', 'Mapei S.p.A. (Italy) ', 'Franklin International (US) ', 'Bostik SA (France) ', 'Toyochem Co., Ltd. (Japan) ', 'Denka Company Limited (Japan) ', 'Mitsubishi Chemical Corporation (Japan) ', 'Lohmann GmbH & Co. KG (Germany) ', 'ITW Performance Polymers (US) ', 'Nitto Denko Corporation (Japan) ', 'Saint-Gobain Performance Plastics (France) ', 'Tesa SE (Germany) ', 'Lintec Corporation (Japan)'

The Pressure Sensitive Adhesives market is fueled by several compelling factors, contributing to its widespread adoption and growth. One key driver is the increasing demand from the packaging industry, where PSAs play a pivotal role in creating secure and efficient seals for various products. The rise of e-commerce and the need for reliable packaging solutions further amplify the demand for PSAs.

Increasing Demand for Sustainable Solutions: There is a growing trend of consumers and industries shifting towards sustainable products and practices. In the pressure sensitive adhesives market, there is a rising demand for eco-friendly and bio-based adhesive solutions that minimize environmental impact and reduce carbon footprint.

Asia Pacific dominated the market, accounting for 40% of total revenue in 2022. Asia Pacific is also expected to be the fastest-growing geographic market in terms of revenue throughout the forecast period. The rapidly expanding industrial sector and rising foreign investment in the region are likely to drive regional market expansion. With rising corporate and government expenditures on emerging technologies, creativity, new materials, and sustainability, UV/EB-based PSAs are expected to rise rapidly across North America.