Reports
Reports
Sale
The North America pressure sensitive adhesives (PSA) market size reached USD 3.07 billion in 2023. The market is expected to grow at a CAGR of 5.5% between 2024 and 2032, reaching almost USD 4.72 billion by 2032.
Water-based PSAs drive the North America pressure sensitive adhesives (PSA) market growth, being deemed environmentally friendly with reduced VOC emissions, thereby minimizing their impact on air quality and human health.
Water-based PSAs are acknowledged for their environmental friendliness, featuring reduced VOC emissions, safer handling, and simple water cleanup. They excel in wetting properties, emit a mild odour, and adhere effectively to porous substrates like paper and fabric.
Solvent-based PSAs are recognized for their quick-drying, boosting productivity, and providing a strong initial tack for immediate bonding requirements. They exhibit resilience to extreme temperatures, offering high cohesive strength, and effectively adhere to non-porous substrates, often resisting water.
Pressure Sensitive Adhesives (PSAs) and the tapes derived from them are vital in automotive manufacturing, aiding in assembly, insulation, and mitigating noise, vibration, and harshness (NVH) issues. The total revenue for automobile and light-duty motor vehicle manufacturing in 2022 was USD 45,083,712, as per Statistics Canada, thereby propelling the market growth.
The North America pressure sensitive adhesives (PSA) market share is dominated by the United States, fuelled by its electronics sector. PSAs are extensively utilized in foldable electronics to integrate devices and create multiple neutral planes (MNPs) that safeguard fragile films during the folding process.
As reported by the United States International Trade Commission, the US exported USD 302,850 million and imported USD 629,871 million worth of electronic products in 2022, thereby fuelling the market growth.
According to the World Bank, Canada's healthcare expenditure as a percentage of GDP was 11.68% in 2021, consequently driving the North America pressure sensitive adhesives (PSA) market due to the use of PSAs in the healthcare sector for purposes such as fissure repair and object fixation.
North America Pressure Sensitive Adhesives (PSA) Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Resin Type
Market Breakup by Technology
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Country
The market participants are funnelling growth through innovation, introducing new products, and entering intro strategic partnerships.
The North America pressure sensitive adhesives (PSA) market key market players are 3M Company, H.B. Fuller Company, Avery Dennison Corporation, Arkema S.A., Ellsworth Adhesives, Saint Gobain SA, Sika AG, Dow Inc., Wacker Chemie AG, and Ashland Inc among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Resin Type |
|
Breakup by Technology |
|
Breakup by Application |
|
Breakup by End Use |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Pressure Sensitive Adhesives (PSA) Market Overview
8.1 Key Industry Highlights
8.2 Global Pressure Sensitive Adhesives (PSA) Historical Market (2018-2023)
8.3 Global Pressure Sensitive Adhesives (PSA) Market Forecast (2024-2032)
8.4 Global Pressure Sensitive Adhesives (PSA) Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Pressure Sensitive Adhesives (PSA) Market Overview
9.1 Key Industry Highlights
9.2 North America Pressure Sensitive Adhesives (PSA) Historical Market (2018-2023)
9.3 North America Pressure Sensitive Adhesives (PSA) Market Forecast (2024-2032)
10 North America Pressure Sensitive Adhesives (PSA) Market by Resin Type
10.1 Acrylic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Rubber
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Ethylene Vinyl Acetate (EVA)
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Silicone
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Polyurethane
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 North America Pressure Sensitive Adhesives (PSA) Market by Technology
11.1 Water Based
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Solvent Based
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Hot melt
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Radiation
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 North America Pressure Sensitive Adhesives (PSA) Market by Application
12.1 Tapes
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Labels
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Graphic Films
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Medical Adhesives
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 North America Pressure Sensitive Adhesives (PSA) Market by End Use
13.1 Packaging
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Automotive
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Healthcare
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Electronics
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Building and Construction
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Consumer Goods
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Others
14 North America Pressure Sensitive Adhesives (PSA) Market by Country
14.1 United States of America
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Canada
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 3M Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 H.B. Fuller Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Avery Dennison Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Arkema S.A.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Ellsworth Adhesives
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Saint Gobain SA
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Sika AG
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Dow Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Wacker Chemie AG
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Ashland Inc
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pressure Sensitive Adhesives (PSA) Market: Key Industry Highlights, 2018 and 2032
2. North America Pressure Sensitive Adhesives (PSA) Market: Key Industry Highlights, 2018 and 2032
3. North America Pressure Sensitive Adhesives (PSA) Historical Market: Breakup by Resin Type (USD Billion), 2018-2023
4. North America Pressure Sensitive Adhesives (PSA) Market Forecast: Breakup by Resin Type (USD Billion), 2024-2032
5. North America Pressure Sensitive Adhesives (PSA) Historical Market: Breakup by Technology (USD Billion), 2018-2023
6. North America Pressure Sensitive Adhesives (PSA) Market Forecast: Breakup by Technology (USD Billion), 2024-2032
7. North America Pressure Sensitive Adhesives (PSA) Historical Market: Breakup by Application (USD Billion), 2018-2023
8. North America Pressure Sensitive Adhesives (PSA) Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. North America Pressure Sensitive Adhesives (PSA) Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. North America Pressure Sensitive Adhesives (PSA) Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. North America Pressure Sensitive Adhesives (PSA) Historical Market: Breakup by Country (USD Billion), 2018-2023
12. North America Pressure Sensitive Adhesives (PSA) Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. North America Pressure Sensitive Adhesives (PSA) Market Structure
The market was estimated to be valued at USD 2.95 billion in 2023.
The market is projected to grow at a CAGR of 5.5% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 4.72 billion in 2032.
The pressure sensitive adhesives (PSA) market is categorised according to its technology, which includes water-based, solvent-based, hot melt and radiation.
The key market players are 3M Company, H.B. Fuller Company, Avery Dennison Corporation, Arkema S.A., Ellsworth Adhesives, Saint Gobain SA, Sika AG, Dow Inc., Wacker Chemie AG, and Ashland Inc. among others.
Based on the application, the market is divided into tapes, labels, graphic films, medical adhesives, and others.
Based on the application, the pressure sensitive adhesives (PSA) market is divided into packaging, automotive, healthcare, electronics, building and construction, consumer goods and others.
The market is broken down into the United States of America and Canada.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.