South America Pressure Sensitive Adhesives Market – Size, Trends and Forecast (2024 – 2032)

Pressure sensitive adhesives require pressure to attain bonding between the adhesive and the substrate, whereas other adhesives require heat, water or a solvent. The other factors that influence bonding include surface energy, preparation smoothness, and temperature and if an environment is too hot or too cold the adhesive may be compromised and lose its stickiness and holding ability.

South America Pressure Sensitive Adhesives Market Segments Size:

South America pressure sensitive Adhesives Market size is expected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast period 2018-2024.

 South America Pressure Sensitive Adhesives Market Segments Growth:

The key parameters promoting the market growth include increasing use of PSAs in tapes and labels, increasing development of low-cost, flexible packaging, increasing demand from the automotive industry, the enormous demand for PSAs in Asia-Pacific, and large acceptance due to ease of adaptability of PSAs. However, increasing prices of raw materials, and stringent environmental regulations regarding VOC emissions are thereby hampering the growth of the market. Various opportunities for pressure sensitive adhesives market include developments in PSA tapes technology and emerging trends of bio-based PSAs.

South America Pressure Sensitive Adhesives Market Segments Share:

South America Pressure, Sensitive Adhesives Market, is categorised into resins which comprise rubber PSA, acrylic PSA, silicone PSA, EVA PSA, and others. The acrylic PSA segment is expected to hold the largest share in the market owing to its extensive usage in labels and tapes. Rubber PSA segment is further categorised into natural rubber and synthetic rubber. Acrylic PSA segment is further sub-divided into water-based acrylic PSA and solvent-based acrylic PSA. By technology, the market is segmented