High End-user Demand Propels Growth for U.S. Pressure Sensitive Adhesives Markets for Labels and Narrow-web Graphics
Palo Alto, CA (PRWEB) May 5, 2006
High demand from end-user industries and new utilities for PSA labels and narrow-web graphics enables sustained growth for the industry. The growth opportunities from emerging end-user industries like RFID and smart labels add to factors that fuel the growth of the PSA industry.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com) U.S. Pressure Sensitive Adhesives Markets for Labels and Narrow-web Graphics reveals that the market earned revenue of $ 390.0 in 2005 and estimates to reach $ 724.2 in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the U.S. Pressure Sensitive Adhesives Markets for Labels and Narrow-web Graphics, then send an e-mail to Trisha Bradley, Corporate Communications with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed to you upon receipt of this information.
The demand situation for PSAs for labels and narrow-web graphics is high because there is no other alternative for these products at present. At the same time, there had been price rises due to raw material shortage and allocation of raw materials. This results in a gap between the demand and supply situation.
“Labels and narrow-web graphics have changed from being only product identifiers to become advertising tools. These labels and narrow-web graphics have become more of an appealing work of art and are used to convince the customer to buy a particular product;” says Frost & Sullivan Research Analyst Raja Prasanna. “As more and more products are being marketed like these, there has been growing demand for these kinds of PSA labels and narrow-web graphics.”
The foremost challenge that PSA manufacturers face is the raw material price increases due to short supply. All other challenges that the industry faces are an aftermath of this challenge.
Shortage of acrylic monomers and isoprene during the last 18 months exposes the PSA manufacturers to price rises that the industry has never seen before.
“Although the rubber-based manufacturers have an alternative of shifting to butadiene, the acrylic-based PSA manufacturers had to wait for their quota of raw materials in the allocation process,” explains Prasanna.
Efficient resource management strategies, and extensive portfolio of technologies are key factors to sustenance and growth in the PSA industry for labels and narrow-web graphics.
U.S. Pressure Sensitive Adhesives Markets for Labels and Narrow-web Graphics, a part of the CMCM-39 – Chemicals and Materials and CM00-CM – Total Integrated Chemicals, Materials & Food Solution subscription service, provides an overview and outlook for the market. This study has been segmented into water-based PSAs, solvent-based PSAs, hot-melt PSAs and UV PSAs. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. This study also provides revenue forecasts, besides drivers, restraints and challenges both at the total market level as well as the segment level.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.
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