The study involved four major activities in estimating the current size of the pressure sensitive adhesives market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to for this research study include financial statements of companies offering pressure sensitive adhesives information from various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the pressure sensitive adhesives market, which was validated by primary respondents.
Primary Research
Extensive primary research was conducted after obtaining information regarding the pressure sensitive adhesives market scenario through secondary research. Several primary interviews were conducted with market experts from both, the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interview. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, product development/innovation teams, and related key executives from pressure sensitive adhesives vendors; raw material suppliers; distributors; and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to chemistry, technology, application, end use industry, and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, and installation teams of the customer/end users who are using pressure sensitive adhesives were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of pressure sensitive adhesives and future outlook of their business which will affect the overall market.
The Breakup of Primary Research:
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COMPANY NAME
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DESIGNATION
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3M
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Director
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Illinois Tool Works
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Project Manager
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H.B. Fuller Company
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Individual Industry Expert
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Wacker Chemie AG
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Project Manager
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Market Size Estimation
The research methodology used to estimate the size of the pressure sensitive adhesives market includes the following details. The market sizing of the market was undertaken from the demand side. The market was upsized based on procurements and modernizations in the end-use industries at a regional level. Such procurements provide information on the demand aspects of pressure sensitive adhesives.
Global Pressure Sensitive Adhesives Market Size: Bottom-Up Approach
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Global Pressure Sensitive Adhesives Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Market Definition
According to the Adhesive and Sealant Council, “Pressure Sensitive Adhesives (PSAs) are adhesives with special formulations that form a bond on the application of slight pressure, and which remain tacky at room temperature without solvent or heat. These adhesives offer various properties, such as peel strength, cohesive strength, adhesive strength, shear resistance, and resistance to aging, chemicals, and humidity.
Key Stakeholders
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End User
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Raw Material Suppliers
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Senior Management
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Procurement Department
Report Objectives
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To define, describe, segment, and forecast the size of the pressure sensitive adhesives market based on chemistry, technology, application, end use industry, and region.
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To forecast the market size of segments with respect to various regions, including North America, Europe, Asia Pacific, South America, Middle East & Africa, along with major countries in each region
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To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the pressure sensitive adhesives market
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To analyze technological advancements and product launches in the market
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To strategically analyze micro markets, with respect to their growth trends, prospects, and their contribution to the market
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To identify financial positions, key products, and key developments of leading companies in the market
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To provide a detailed competitive landscape of the market, along with market share analysis
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To provide a comprehensive analysis of business and corporate strategies adopted by the key players in the market
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To strategically profile key players in the market and comprehensively analyze their core competencies
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
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Additional country-level analysis of the pressure sensitive adhesives market
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Profiling of additional market players (up to 5)
Product Analysis
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Product matrix, which provides a detailed comparison of the product portfolio of each company in the pressure sensitive adhesives Market
Growth opportunities and latent adjacency in Pressure Sensitive Adhesives Market