Touted as one of the most remarkable value additions to the
current product spectrum encompassing the pressure sensitive adhesives market
the latest water-based acrylic adhesive developed by Dow Adhesives, the
material science division of the leading pressure sensitive adhesives industry
giant DowDuPont Inc, is deemed to generate a substantial momentum in the
overall business landscape. Reportedly, the Labelexpo Europe 2017 witnessed the
launch of new acrylic-based portfolio of adhesives Robond Invisu PS-7910, said
to have been designed for self-adhesive label stock manufacturers who have been
aiming at making a mark in the rapidly progressing film-based labels market.
The latest adhesive is claimed to possess enhanced cohesive
strength and efficient conversion capacity at all stages of the labeling chain.
In consequence, this has enabled the adhesives of the Robond Invisu PS-7910 range
to remain stable in all environmental conditions- something which has caught
the attention of the prominent stakeholders of the polymers and advanced
materials industry. In fact, industry experts have opined that the latest range
of adhesives is deemed to garner widescale popularity and is likely to
remarkably influence the overall PSA market dynamics.
Although regarded as negligent components in the
entire manufacturing process, adhesives have gradually acquired a crucial role
in ensuring the product packaging remains unscathed till it reaches the
customer. Undoubtedly, the packaging sector now requires a reliable range of
pressure sensitive adhesives to fulfill the increasingly complex packaging
demands being faced by them. Considering the challenges of the packaging
sector, numerous pressure sensitive adhesives market players have been focusing
on developing less visible adhesives that are more discrete than conventional
tapes and safer than glue sticks.
Furthermore, these newly released adhesives
would assist in preserving the brand image of various manufacturers in the
packaging domain, which would eventually boost the growth prospects of the
pressure sensitive adhesives industry in the ensuing years.
To cite an
instance of the efforts being deployed by pressure sensitive adhesives industry
players, UPM Raflatac has recently launched Raflatac Permanent Medical Device
(RPMD) pressure sensitive adhesive label stock materials for labeling medical
devices. As per reports, the new adhesive could be predominantly used to label
infusion bags and bottles, sterilization wraps and bags, drug-device combinations
like inhalers, pens, and auto-injectors. Needless to mention, such advanced
products would undeniably transform the medical and healthcare segment. In
fact, as per the recently collated report of Global Market Insights, Inc.,
medical & healthcare segment of the pressure sensitive adhesives market is
said to exhibit a y-o-y growth rate of over 5% in the forecast timeframe.
In a
bid to harmonize and streamline the approaches utilized to mark, identify, and
package medical devices across the global medical and healthcare vertical, new
adhesives have been gaining massive acceptance. The foremost pressure sensitive
adhesives market participants have set their sights on improving the existing
product base so that these adhesives can be easily printed and utilized to
label and package diverse set of medical devices.
Browse
complete Report of this report @
https://www.fractovia.org/news/industry-research-report/pressure-sensitive-adhesives-market
https://www.fractovia.org/news/industry-research-report/pressure-sensitive-adhesives-market
Meanwhile, it would be prudent to take note of the
factors that might act as barriers in the pressure sensitive adhesives industry
share augmentation. Apparently, the rising prices of raw materials including
acrylate monomers, natural and synthetic rubber, inorganic and organic
chemicals utilized to manufacture pressure sensitive adhesive tapes might restrain
the growth of this business space. However, with an escalating demand for
pressure sensitive adhesives across a host of end-user verticals coupled with a
stringent regulatory framework in place, pressure sensitive adhesives market is
estimated to surpass an impressive valuation of USD 11 billion by 2024.
Chapter 2. Executive Summary
2.1. Pressure sensitive adhesives market 360°
synopsis, 2013 – 2024
2.1.1.
Business trends
2.1.2.
Technology trends
2.1.3.
Product trends
2.1.4.
Application trends
2.1.5.
End-user trends
2.1.6.
Regional trends
Chapter 3. Pressure Sensitive Adhesives Industry
Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Profit
margin
3.3.2. Value
addition
3.3.3.
Distribution channel analysis
3.3.4. Vendor
matrix
3.3.4.1. List
of key manufacturers/suppliers
3.3.4.2. List
of key/potential customers
3.4. Raw material analysis
3.5. Technology landscape
3.6. Industry impact forces
3.6.1. Growth
drivers
3.6.1.1.
Growth in the packaging industry
3.6.1.2.
Increasing use of tapes and labels in automotive & transportation
sector
3.6.1.3. Ease
of application creating a wide acceptance
3.6.1.4.
Advancement in PSA tape technologies
3.6.2.
Industry pitfalls & challenges
3.6.2.1.
Increasing raw material prices
3.6.2.2.
Recycling issues with PSA
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