Acrylic Pressure Sensitive Adhesives (PSA) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The market for acrylic pressure-sensitive adhesives (PSA) is expected to register a CAGR of around 6% during the forecast period. Major factors driving the market studied are the rising demand for lightweight and low emission automotive and the increasing adoption of low-cost flexible packaging aids. However, stringent environmental regulations regarding emissions are expected to hinder the market growth.
Key HighlightsThe acrylic pressure sensitive adhesives market is consolidated and the top seven players account for almost 55% of the market. The major companies include Henkel AG & Co. KGaA, 3M, HB Fuller, Avery Dennison Corporation, and Arkema, among others.
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