US PSA Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
Author:Cheshire View:21
The United States Pressure Sensitive Adhesives (PSA) market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the shifting focus to low-cost flexible packaging. However, stringent environmental regulations regarding VOC emissions is hindering the growth of the market studied.
Adoption of bio-based pressure sensitive adhesives in the country is expected to provide a major growth opportunity for the market studied in the coming future.
Among the resins, Acrylic is expected to dominate the market during the forecast period.
Among the end-user industries, packaging industry accounted for the highest market share and is expected to dominate the market during the forecast period.
This section covers the major market trends shaping the US Pressure Sensitive Adhesives Market according to our research experts:
Pressure-sensitive adhesives (PSAs), specifically offer several advantages for the packaging industry. Some of the advantages include:
Application of pressure-sensitive adhesives is time-saving, as there is no need to wait until they cure. The moment they are applied, they compress the substrate, right at the moment when adhesion takes place. Instant bonding increases the processing speed, as well as improves production.
PSAs provide a bond that removes cleanly without damaging the packaging or leaving behind residue. Preserving brand image adds to your consumer appeal.
Additionally, in the last few years, the packaging industry in the country has been experiencing a transition, where the manufacturing and industrial sector has been adapting to flexible packaging.
Hence, owing to the above-mentioned factors, packaging industry is likely to dominate the market studied.
Acrylics copolymers are known to be one of the most widely-used polymers for manufacturing pressure sensitive adhesives.
These copolymers are made from a variety of acrylic monomers. These monomers offer viscoelastic performance characteristics. Moreover, numerous high-performance applications, which demand coating thickness and material properties, use acrylic borne PSA.
Solvent-borne thermoplastic acrylic resin has good substrate adhesion, making it well suited for UV coating and metallic and pigmented base coats on substrates of ABS, ABS+PC, PS, PC, and metals.
Acrylic resin-borne adhesives are highly used in the automotive sector. They also finding increasing applications in the aerospace and marine sectors.
Hence, owing to the above-mentioned factors, acrylic resins are expected to dominate the market studied during the forecast period.