COVID-19 Impact Drive Global PSA Market to Negative Growth in 2020,Re-bound Anticipated Towards 2026

By: Industry Experts Inc.
LOS ANGELES - July 31, 2020 - PRLog -- Industry Experts, Inc. released an updated 2020 version of the global market report on Pressure Sensitive Adhesives (PSAs). The new report entitled "Global Pressure Sensitive Adhesives (PSA) Market – Technologies, Chemistries and Applications" provides the comprehensive analysis of COVID-19 impact on the PSAs market. According to the report, there will be a mixed impact on various industries such as very positive impact on medical technology, food packaging and pharmaceuticals while it impacts negatively on automotive OEM and aftermarket, aerospace, electronics, general industrial, construction etc.

Pressure Sensitive Adhesive (PSA) is a viscous material that remains permanently tacky and bonds two surfaces together by applying slight pressure. No solvent, water, or heat is required to activate the adhesive. Pressure sensitive adhesives (PSAs) have been accepted across wide variety of industries and applications due to their ability to generate an instantaneous bond using light pressure.

Water-based adhesives constitute the largest share of pressure sensitive adhesives (PSAs) market on global scale, which is estimated to account for a lion´s share of 45% in 2019. The overall PSAs market, globally, expected to touch 3.3 million metric tons in 2020, a sheer 5% drop compared to 2019.

The report reviews, analyzes and projects the Pressure Sensitive Adhesives (PSA) market for the period 2017-2026 in terms of volume in metric tons as well as value in USD. Pressure sensitive adhesive technologies analyzed in this study include solvent-based, water-based, hot-melts and radiation (UV/EB) cured.

The global market for Pressure Sensitive Adhesives ( (PSAs) is segmented, for the purpose of this study, into five major geographic regions namely including North America, Europe, Asia-Pacific, South America and Rest of World. These regional markets further analyzed for 15 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea; and South America – Brazil and Argentina.

This 360 page global pressure sensitive adhesives (PSA) market report includes 154 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. The global list of companies covers addresses, contact numbers and the website addresses of 442 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

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