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Global Rubber-based Pressure Sensitive Adhesive Market - Segmented by Technology, Application, Resin, Mode of Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Rubber-based Pressure Sensitive Adhesive Market - Segmented by Technology, Application, Resin, Mode of Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The market is expected to register a CAGR of approximately 7.15%, during 2018-2023 (the forecast period). The market is driven by a number of factors; the growing demand for lightweight and low-emission vehicles, increasing adoption of low-cost flexible packaging aids, however, and the market faces certain drawbacks, such as stringent environmental regulations regarding VOC emissions.

Lightweight Automobiles Driving the Market

The major driver for market is the increasing demand for lightweight vehicles. Lightweight vehicles require less maintenance and operation charges as they require less fuel consumption, and therefore, customers are more inclined toward lightweight automobiles. According to the US Department of Energy statistics, decreasing automobile weight by 10% can result in reduction of fuel consumption by 6%-8%.

Tapes are the Dominant Application

The global market has been segmented by technology, application, resin, and mode of application. By technology, water-based segment is expected to grow at a good rate during the forecast period, due to the government regulations regarding VOC’s, which are providing opportunities. By application, the tape segment is expected to grow at a good rate during the forecast period, due to the increasing usage of interior bonding and assembly applications, fabricating foam gaskets and seals, and duct tape. The market by resins, has been segmented into acrylics, silicones, elastomers, and others. The market has also been segmented by mode of application into permanent and removable.

Asia-Pacific Leads the Market

The market, based on the geographic area, is segmented into – Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific dominates the market with a share of more than 55% and is expected to grow during the forecast period. This demand is mainly from China, which dominates the market with a market share of 52%, and the demand is a result of rapid urbanization and industrialization in the country, which lends this region high potential for growth, during the forecast period.

Notable developments

November 2016: 3M introduced a new tape, which is designed with pressure sensitive rubber adhesive, and can be applied and adhered to common surfaces, such as vinyl, painted metal, stainless steel, plastic, and glass.

Major Players: 3M, Avery Dennison, Arkema Group (Bostik SA), Beardow & Adams (Adhesives) Ltd, H.B. Fuller, Jowat AG, Franklin International, SIKA AG, among the others.

Reason to Purchase this Report

Current and future global rubber-based pressure sensitive adhesive market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in excel)

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1. Introduction
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Patent Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Demand For Lightweight Automobiles
4.1.2 Wide Range of Applications in Both Tape and Label Segments
4.1.3 Increasing Adoption of Low Cost Flexible Packaging Aids
4.1.4 Other Drivers
4.2 Restraints
4.2.1 Stringent Environmental Regulations Regarding VOC Emissions
4.2.2 Other restraints
4.3 Opportunities
4.3.1 Adoption Of Bio-based Pressure-sensitive Adhesives
4.3.2 Recovering Construction Industry In Europe
5. Market Segmentation and Analysis - (Market size, Growth, and Forecast)
5.1 By Technology
5.1.1 Water-based
5.1.2 Solvent-based
5.1.3 Hot Melt
5.1.4 Radiation Cured
5.2 By Application
5.2.1 Tape
5.2.2 Label
5.2.3 Graphics
5.2.4 Others
5.3 By Resin
5.3.1 Acrylic
5.3.2 Silicone
5.3.3 Elastomer
5.3.4 Others
5.4 By Mode Of Application
5.4.1 Permanent
5.4.2 Removable
6. Regional Market Analysis (Market size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of APAC
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 France
6.2.4 Italy
6.2.5 Spain
6.2.6 Rest of Europe
6.3 North America
6.3.1 United States
6.3.2 Canada
6.3.3 Mexico
6.3.4 Rest of North America
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of MEA
7. Future of the Market
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & services, Recent Developments, and Analyst View)
9.1 3M Company
9.2 Adhesive Research Inc.
9.3 Alfa International Corporation
9.4 American Biltrite Inc.
9.5 American Flexible Products
9.6 Arkema Group (Bostik SA)
9.7 Ashland Inc.
9.8 Avery Dennison Corporation
9.9 Beardow & Adams (Adhesives) Ltd
9.10 Buhnen
9.11 Collano Adhesives
9.12 Dow Chemicals Company
9.13 Evans Adhesive Corporation Ltd
9.14 Franklin International
9.15 H.B. Fuller Company
9.16 Helmitin Adhesives
9.17 Henkel & Co
9.18 Illinois Tool Works Inc.
9.19 Jowat Se
9.20 Wacker Chemie Ag
9.21 Mactac AG
9.22 Mapei SpA
9.23 Master Bond
9.24 Pidilite Industries Ltd
9.25 Tesa Se
9.26 Sika AG
9.27 Wisdom Adhesive Worldwide
*( List not exhaustive)
10. Disclaimer
**Subject to availability on the public domain

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