Pressure Sensitive Adhesives Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Hot Melt, Radiation, Solvent-based, Water-based, and Others), By Resin (Silicones, Elastomers, Acrylics and Other Resins), By Application (Graphics, Labels, Tapes and Other Applications), By End User (Commercial Graphics, Electronics, Medical, Packaging, Transportation, Woodworking and Joinery and Other End-user Industries) and Region Forecast 2020-2031

Pressure Sensitive Adhesives Marketsize was valued at US$ 11,190.3 million in 2024 and is expected to reach US$ 17,162.3 million by 2031, growing at a significant CAGR of 6.3% from 2025-2031. The global market provides a detailed overview and that can be segmented by technology, by resin, by application, and by end user. By technology, the global market has been segmented into Hot Melt, Radiation, Solvent-based, Water-based and Others. The Hot Melt segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years. Based on resin, the global market is segmented into Silicones, Elastomers, Acrylics and Other Resins. Among these, the acrylics segment is expected to have the fastest-growing market during the forecast period 2024-2030.

Acrylic based pressure sensitive adhesives are low cost, great performance and versatile. Hence, this segment is growing at a faster rate due to various applications. Based on application, the global market is segmented into Graphics, Labels, Tapes and Other Applications. The Tapes segment accounts for the largest share in 2021. It is attributed to its various applications such as masking tape, electrical tape, etc. Based on end user, the global market is segmented into Commercial Graphics, Electronics, Medical, Packaging, Transportation, Woodworking and Joinery and Other End-user Industries. The Commercial Graphics segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. Packaging sector in commercial segment is growing faster due to various benefits, less retention time, and increasing productivity.

Key Developments

• On June 14, 2024 - Avery Dennison introduced new pressure-sensitive adhesive tape solutions for electric vehicle (EV) battery cell wrapping applications. The new product line is the latest addition to the company’s EV battery portfolio of functional tape solutions and is engineered to address arcing challenges within EV battery packs.
• On February 20, 2023 - Arkema launched the most complete and integrated offering on the market for Pressure Sensitive Adhesives
• On July 10, 2024 - Franklin Adhesives & Polymers, a manufacturer of water-based pressure-sensitive adhesives (PSAs), has launched a new REACH-compliant microsphere PSA, Micronax 300-01. The company reports that Micronax 300-01 is developed for use with ultra-removable applications, such as removable labels, linerless labels, and wall graphics. It offers greater mechanical stability and reduced foam, which improves the coating process.