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Global Silicone Pressure Sensitive Adhesives Market Growth 2024-2030
Product Code:816122
Published Date: Sep 05,2024
Pages: 95
Region: Global
Category: Chemical & Material
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Pressure-sensitive adhesive (PSA, self-adhesive, self-stick adhesive) is a type of nonreactive adhesive which forms a bond when pressure is applied to bond the adhesive with a surface. No solvent, water, or heat is needed to activate the adhesive. It is used in pressure-sensitive tapes, labels, glue dots, stickers, sticky note pads, automobile trim, and a wide variety of other products. Silicones for pressure sensitive adhesives (PSA) serve many applications such as adhesive tapes for electrical insulation, masking tape to protect circuit boards, protective films for for displays and electronic touch screens and many more markets as the electronics industry keeps developing. Silicone pressure sensitive adhesives are available in both solvent and solvent-free technologies while new technologies like water-based and UV are expected to grow in the future with new electronic applications.
The global Silicone Pressure Sensitive Adhesives market size is projected to grow from US$ 553 million in 2024 to US$ 705 million in 2030; it is expected to grow at a CAGR of 4.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Silicone Pressure Sensitive Adhesives Industry Forecast” looks at past sales and reviews total world Silicone Pressure Sensitive Adhesives sales in 2023, providing a comprehensive analysis by region and market sector of projected Silicone Pressure Sensitive Adhesives sales for 2024 through 2030. With Silicone Pressure Sensitive Adhesives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicone Pressure Sensitive Adhesives industry.
This Insight Report provides a comprehensive analysis of the global Silicone Pressure Sensitive Adhesives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silicone Pressure Sensitive Adhesives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Silicone Pressure Sensitive Adhesives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicone Pressure Sensitive Adhesives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silicone Pressure Sensitive Adhesives.
Leading global players of silicone pressure sensitive adhesives include Dow Chemical, Momentive Performance Materials, Elkem, Shin-Etsu Chemical and Wacker Chemie. The top five players in the world by revenue account for nearly 64 per cent. North America is the world's largest market with a market share of about 37 percent, followed by Europe with about 28 percent and Japan with 19 percent. In terms of product type, solvent-based silicone pressure sensitive adhesives are the largest market segment with 83% share, and in terms of application, tape has the largest share with approximately 64%. In terms of production side, North America is the world's production region for Silicone Pressure Sensitive Adhesives and holds a share about 33%, followed by Europe and China, with share about 26% and 10%, separately.
This report presents a comprehensive overview, market shares, and growth opportunities of Silicone Pressure Sensitive Adhesives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Solvent Based
Solventless
Segmentation by Application:
Tapes
Protective Films
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dow Chemical
Momentive Performance Materials
Elkem
Shin-Etsu Chemical
Wacker Chemie
FLEXcon
Dupont
3M
Key Questions Addressed in this Report
What is the 10-year outlook for the global Silicone Pressure Sensitive Adhesives market?
What factors are driving Silicone Pressure Sensitive Adhesives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Silicone Pressure Sensitive Adhesives market opportunities vary by end market size?
How does Silicone Pressure Sensitive Adhesives break out by Type, by Application?