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Pressure Sensitive Adhesives Market worth $16.0 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 27, 2024 /PRNewswire/ — The report “Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, Silicone), Technology (Water-Based, Solvent-Based, Hot-Melt), Application (Tapes, Labels, Graphics), End-Use Industry (Packaging, Automotive), and Region – Global Forecast to 2029″, size is projected to grow from USD 13.8 billion in 2024 to USD 16.0 billion by 2029, at a CAGR of 3.0%.

Pressure-sensitive adhesives (PSAs) represent a critical class of bonding materials that exhibit a permanently tacky nature at room temperature, enabling them to adhere to various surfaces upon the application of slight pressure. This class of adhesives is distinct in its ability to effectively bond a diverse array of materials, including paper, plastic, metal, wood, and glass, without the need for a chemical reaction to activate the adhesive properties. The intrinsic balance between adhesion and cohesion within PSAs is paramount; adhesion refers to the ability of the adhesive to bond to external substrates, while cohesion refers to the internal strength of the adhesive’s components. The utility of PSAs extends beyond traditional adhesive applications, offering a viable alternative to mechanical fasteners such as screws, rivets, and bolts. This characteristic is particularly advantageous in manufacturing processes where speed and ease of application are critical, making PSAs an optimal choice for point-of-purchase displays and general-purpose graphics.

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The water-based segment is expected to account for one of the largest shares in 2023.

Water-Based PSAs dominate the market due to their environmentally friendly nature, lower cost, and safety. These adhesives involve dissolving acrylic polymers and other additives in water, which is then coated onto a substrate. Upon evaporation of the water, a solid adhesive layer remains. Water-based PSAs offer performance comparable to solvent-based adhesives while mitigating safety and environmental concerns. They cater to a wide range of applications, including tapes, labels, and graphics, and are compatible with various chemistries such as rubber, vinyl, and acrylic.

The acrylic segment is expected to account for the largest share in 2023.

Acrylic PSAs are known for their excellent balance of properties, including high adhesion, durability, and resistance to environmental factors. These adhesives are typically used in applications requiring long-term performance, such as in automotive and construction industries. Acrylic PSAs can be formulated to provide excellent UV resistance, making them suitable for outdoor use. They also offer good chemical resistance and can be tailored to adhere to a wide range of substrates, including metals, glass, and plastics. The ability to customize acrylic formulations allows manufacturers to create adhesives with specific properties, such as enhanced tack or shear strength.

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Asia Pacific is expected to account for the largest share in 2023.

The Asia Pacific market is expected to experience significant growth during the forecast period. Economies in this region, including India, China, South Korea, Brazil, and Argentina, are investing heavily in industrial development, driving demand for pressure-sensitive adhesives (PSAs). In contrast, growth in the European market is being constrained by stringent environmental regulations, which are reshaping the PSA market. These regulations are compelling manufacturers to innovate and develop eco-friendly alternatives, impacting market dynamics.

Key Players

The key players in the pressure sensitive adhesives market include Henkel AG & Co. KGaA (Germany), Dow (US), Avery Dennison Corporation (US), H.B. Fuller (US), 3M (US), Arkema S.A. (France), Sika AG (Switzerland), Scapa Group PLC (UK), and Wacker Chemie AG (Germany).

Browse Adjacent Market: Coatings Adhesives Sealants and Elastomers Market Research Reports & Consulting

Related Reports:

Adhesive & Sealants Market – Global Forecast to 2028

Pressure Sensitive Adhesive Tapes Market – Global Forecast to 2030

About MarketsandMarkets™ 

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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D-Link AQUILA PRO AI M95 Wins Red Dot Design Award 2025

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Redefining the Future of Home Connectivity

TAIPEI, May 15, 2025 /PRNewswire/ — D-Link Corporation (TWSE: 2332), a global leader in networking solutions, proudly announces that its AQUILA PRO AI M95 BE9500 Wi-Fi 7 Smart Mesh Router has been awarded the prestigious Red Dot Award for Product Design 2025. This international recognition highlights D-Link’s commitment to “Made in Taiwan” quality, creative innovation, solution-oriented design, one-stop service, and sustainable development in smart home connectivity while reinforces D-Link’s brand spirit of “One Connection • Infinite Possibilities”.

Taiwan Craftsmanship, Global Trust

Proudly Made in Taiwan, the M95 embodies trusted craftsmanship, rigorous quality control, and the world-renowned manufacturing excellence that defines Taiwan’s tech industry. Built on D-Link’s heritage of engineering expertise and a robust, reliable supply chain, it delivers exceptional performance and long-term value to global consumers.

Engineered for the Next-Gen Smart Home

The M95 Smart Mesh Router harnesses the power of Wi-Fi 7 with tri-band support (2.4GHz / 5GHz / 6GHz) and 320MHz bandwidth, delivering ultra-fast speeds, ultra-low latency, and greater capacity for demanding applications like 8K streaming, VR gaming, and smart home automation. With Multi-Link Operation (MLO) and Mesh Technology, the M95 ensures seamless multi-band transmission and enhanced network reliability. WPA3 encryption and 2.5 Gbps WAN/LAN ports offer advanced security and high-speed wired connectivity for performance-intensive devices.

Design Meets Sustainability

Inspired by the elegance of an eagle in flight, the M95 features a distinctive curved silhouette with four integrated omnidirectional antennas housed in ‘wings’ and a feather-patterned vent design, offering top-tier functionality with refined aesthetics that blend effortlessly into modern homes. Demonstrating a strong commitment to environmental responsibility, the router is crafted by using post-consumer recycled materials and includes an AI Eco Mode to reduce energy consumption. D-Link’s AQUILA PRO AI app offers simple and intuitive control with features such as parental controls, guest Wi-Fi, Health Mode, and complete network management in one place.

“We’re honored to receive the Red Dot Award for the AQUILA PRO AI M95,” said CJ Chang, CEO of D-Link Corporation. “This product reflects our vision to deliver smart, stylish, and sustainable networking solutions that redefine the connected home experience.” With its next-generation Wi-Fi 7 capabilities, intelligent optimization, elegant design, and eco-conscious engineering, the AQUILA PRO AI M95 sets a new benchmark for the future of smart living. As D-Link continues to drive innovation from Taiwan to the world, it remains steadfast in empowering users through technology that’s seamless, sustainable, and built for tomorrow.

About D-Link

D-Link, a renowned global brand and leader in the networking industry, was established in 1987 in Taiwan. With operations in 90 locations across 43 countries, D-Link provides networking solutions for individuals, homes, businesses, and industries, including a comprehensive range of industry-leading network solutions and AI-driven cloud management services. Find out more about D-Link at www.dlink.com

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SSI SCHAEFER Appoints Koen Leekens as New Senior Vice President, Regional Head APAC & MEA

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SINGAPORE, May 15, 2025 /PRNewswire/ — SSI Schaefer strengthens its Asia-Pacific, Middle East and Africa (APAC & MEA) regions with the appointment of Mr Koen Leekens, ex- Schneider Electric’s Industrial Automation Business Unit leader, as its new Senior Vice President and Regional Head.

Mr. Leekens brings to SSI Schaefer over 30 years of global leadership experience and 26 years working in Asia Pacific.  With a strong background in management, business development, finance and operations, Mr. Leekens is passionate about Industry 4.0, digital transformation, and sustainability; he has successfully driven business growth and innovation across Europe, the U.S., India, and Southeast Asia.

Reporting directly to SSI Schaefer Group CEO, Peter Edelmann, Mr. Leekens has overall responsibility for driving the performance for SSI Schaefer in APAC & MEA, including overseeing the region’s strategic direction and operational success.

“As I step into this new chapter with SSI Schaefer, a global leader in intra-logistics solutions, I look forward to contributing to its continued growth and innovation across this dynamic and diverse region,” Mr. Leekens said.

While describing SSI Schaefer as a recognized global leader with deep roots and bold ambition, Mr. Leekens explains, “I’m honored to be joining a company so deeply committed to excellence, sustainability, and shaping the future of logistics.”

Company Profile SSI Schaefer Group 

The SSI Schaefer Group is a leading global solution provider for all areas of intralogistics. With innovative technologies and software, the family-owned company empowers customers to increase the efficiency and sustainability of their storage, picking, and transport processes. From fully automated warehouses, with individual service and maintenance offers, to manual and semi-automated systems, SSI Schaefer offers cost-effective intralogistics solutions from a single source, for small and medium-sized businesses as well as large companies. SSI Schaefer has also become one of the largest vendors of software for internal material flow. The comprehensive software portfolio covers all processes from warehouse management to material flow control and offers all possibilities for sustainable resource management with modern real-time analyses, smart data processing, and optimization algorithms. With SSI Schaefer Plastics, the company is also an expert in sustainable container systems and customized constructive packaging, as well as solutions for waste and recycling management.

SSI Schaefer employs more than 8,800 people at its international headquarters in Neunkirchen (Germany) and in approx. 80 operating companies globally, including seven production facilities on six continents. In fiscal year 2024, the company generated sales of EUR 2.0 billion.

For years, the SSI Schaefer Group has relied on trusted partnerships and strong brands. The Group also includes the robotics specialist RO-BER, the SAP specialist SWAN, the robotics and AGV expert DS AUTOMOTION and the start-up SupplyBrain.

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Lobster unveils its “Data World” – a digital ecosystem powering next-generation data integration

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MUNICH, 15 May 2025 /PRNewswire/ — A new chapter in digital supply chains begins today with the launch of the Lobster Data World – a revolutionary ecosystem that breaks down data silos, supercharges collaboration, and empowers organisations to unlock the full potential of their data. Developed by Lobster, the software company connecting people and data for a better future, this strategic move brings its entire suite of integration capabilities together into one single, seamless offering. The Lobster Data World will serve as the backbone for global supply chains, helping businesses adapt and innovate amid ever-shifting market demands.

“As we navigate unpredictable landscapes, data has become one of the most powerful assets organisations have to mitigate risks and gain a competitive edge,” said Tim Srock, CEO of Lobster. “The Data World isn’t just another product – it’s our vision for a truly connected world. We’re empowering companies to eliminate recurring connectivity issues, anticipate challenges before they arise, and build smarter, more resilient supply chains.”

Data World: Solving real-world data challenges

The Data World directly addresses today’s most critical data integration pain points:

Breaking down data silos: Integrates legacy infrastructure with modern cloud platforms to unlock trapped data.Seamless collaboration: Facilitates secure, real-time information exchange between trading partners through the Data Network.Intelligent insights: AI-driven analytics uncover actionable patterns for smarter decision-making.Accelerated innovation: Empowers teams to rapidly develop data-driven applications.Simplified governance: Ensures secure data access and policy implementation through built-in compliance features.

The four pillars of the Data World

Data Network: Connects shippers, retailers, logistics service providers, carriers, tech vendors in a seamless, zero-touch ecosystem. Hundreds of network participants are already seeing the benefits of automated onboarding, enhanced visibility, and significant cost savings.

Data Ecosystem: The Data Ecosystem sustains our Data Network by bringing together strategic partners, a collaborative community, a dynamic marketplace, and continuous learning through Lobster Academy. This integrated approach accelerates innovation, empowers users, and drives value creation for customers.

Data Products: Out-of-the-box, plug-and-play solutions for critical business processes. With a few clicks, companies can leverage fully managed Data Poducts for purchasing, logistics operations, e-commerce, and even e-invoicing.

Data Platform: A configurable environment with intuitive drag-and-drop interfaces, enabling users – from developers to business teams – to create custom integrations and applications and even build on the functionality of the Data Products.

“Technology is an enabler; people drive transformation,” said Jethro Borsje, Chief Product Officer at Lobster. “That’s why Lobster Data World is designed to be intuitive, scalable, and accessible – putting the power in the hands of every user.”

“The Lobster Data World is more than an evolution — it’s a paradigm shift in connectivity,” added Gonçalo Gaiolas, Chief Product & Technology Officer at SoSafe and Board Member of Lobster. “By unifying people, systems, and processes, Lobster is paving the way for a more adaptive and responsive global supply chain ecosystem.”

Lobster introduced the Data World to over 1,000 attendees at its Data Hero Summit, held on May 14th in Munich, Germany. The event served as a platform for showcasing real-world use cases, partner integrations, and hands-on demos of the new offering in action.

About Lobster
Lobster is a software development company dedicated to connecting people and data for a better future. The Lobster Data World is a global data ecosystem that provides a 360° data view and empowers teams to solve challenges effectively. It eliminates complexity by enabling real-time integration and intelligent automation to break down silos and foster secure collaboration across complex supply chains.

With a presence in DACH, the UK, France, Scandinavia, and the Benelux – serving over 2,000 customers globally – Lobster enables companies to unlock the full potential of their data and stay agile in a rapidly evolving digital world.

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