Latest Advancement in Global Rubber-based Pressure Sensitive Adhesive Market Forecast 2018-2023

Rubber-based Pressure Sensitive Adhesive

The Onerous Demand Of Global Rubber-based Pressure Sensitive Adhesive Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Rubber-based Pressure Sensitive Adhesive industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Rubber-based Pressure Sensitive Adhesive market growth over the forecast period.

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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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Rubber-based Pressure Sensitive Adhesive Market Forecast 2018-2023

The Rubber-based Pressure Sensitive Adhesive industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Rubber-based Pressure Sensitive Adhesive production, supply, sales and market status.

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Price of Rubber-based Pressure Sensitive Adhesive Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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