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Pressure Sensitive Adhesives Market is projected to be worth USD 14.5 Billion by 2030, registering a CAGR of 6.3% during the forecast period (2022–2030). Market Scope The pressure sensitive adhesives market is anticipated to expand at 6.3% CAGR over the forecast period. It is primarily driven by the packaging industry and its need to cater to various markets such as food & beverages, e-commerce, and others. Environmental concerns have led to the development of water-based PSAs which adhere to the policies of regulatory bodies. The use of labels in denoting product specifications is expected to widen the prospects of the market. But increasing prices of raw materials are concerns to manufacturers and may hamper the market growth. Segmentation The global pressure-sensitive adhesives market is segmented by technology, product, and end-user. On the basis of technology, the market is segmented into hot melt, water-based, solvent-based, and radiation. The water-based PSA segment is expe...

  Market Insights Pressure Sensitive Adhesives Market is projected to be worth USD 14.5 Billion by 2030, registering a CAGR of 6.3% during the forecast period (2022–2030). Available for permanent and removable applications, pressure-sensitive adhesives are used in buildings for HVAC ductwork, and in automotive applications. These applications are good examples of permanent use. Meanwhile, removable pressure-sensitive adhesives have a temporary effect and include notepads, masking tapes, price labels, and a wide number of other applications. Industries such as packaging, healthcare, and automotive make extensive use of pressure-sensitive adhesives. A number of consumer goods in stationary equipment are also made using . Increasing buying power due to rapid economic growth, particularly in emerging economies has increased demand for automotive vehicles, consumer goods, and the electrical & electronics industry, thus leading to increased use of Pressure Sensitive Adhesives Ma...