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Pressure Sensitive Adhesives Market Forecast | 2024–2034 Analysis
Report Overview:
The global pressure sensitive adhesives market is projected to grow from USD 13.6 billion in 2024 to approximately USD 19.2 billion by 2034, reflecting a compound annual growth rate (CAGR) of 3.5% during the forecast period from 2025 to 2034. This steady growth is driven by rising demand across packaging, automotive, healthcare, and electronics sectors due to the versatility and ease of application these adhesives offer.
Water-based PSA formulations currently lead the market, accounting for nearly 47% of the total in 2024. Their clean, low-VOC (volatile organic compound) profile aligns well with global environmental regulations, making them the preferred choice in packaging and labeling. Acrylic chemistry also dominates, offering durability, UV resistance, and versatility across multiple applications, holding nearly 58% market share. PSAs are gaining prominence because they stick under light pressure and don’t require heat or solvents, making them industrial and consumer favorites. They are used in labels, tapes, graphic films, and construction materials, making them versatile and cost-effective solutions.
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