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Global Pressure Sensitive Wads Market Forecast Covering Growth Inclinations & Development Strategies until 2027
, March 27, 2019 ) Pressure sensitive wads are the adhesive liners used to protect the contents of bottles from the outer environment. Pressure sensitive wads are made of expanded polystyrene foam and have a specifically formulated pressure-activated adhesive, a release coating on the back side of the foam so that it may not come in contact with the contents. Pressure sensitive wads adhere to bottles after the removal of caps. To maintain the integrity of the product inside the bottles (plastic or glass), pressure sensitive wads are the optimum solution. Pressure sensitive wads are available in various sizes and thicknesses, depending on the size of the bottle and the type of contents inside – powdered or liquid. They find applications in cosmetics, pharmaceuticals, and food industries, among others where two-stage leakage prevention is required to provide secured products to the customers. The outlook for the Global
Pressure Sensitive Wads Market
is pegged to remain positive throughout the forecast period.
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Pressure Sensitive Wads Market: Dynamics
Pressure sensitive wads prevent the contamination of the product throughout the supply chain and maintain product integrity. They, thus, help in gaining consumer confidence. Without pressure sensitive wads or liners, the contents of a bottle will directly be in contact with the bottle. Also, there may be a chance of spillage once the cap is removed. These factors are expected to propel the demand for pressure sensitive wads during the forecast period. Also, pressure sensitive wads offer excellent printability on both sides, which helps manufacturers and end-use industries promote their brands. These pressure sensitive wads help preserve the freshness of the products by avoiding direct contact with air and other harmful agents. Pressure sensitive wads are available in different thicknesses and diameters, depending on the size of the bottle. Pressure sensitive wads can also be customized as per customer requirements.
Attributing to regulatory compliance and the rising demand from pharmaceuticals, healthcare and nutraceutical industries, pressure sensitive wads have been gaining traction in the market. Similarly, in the cosmetics and personal care industry, pressure sensitive wads are used as a means to aroma retention, leak prevention and product credibility. In the petrochemical industry, counterfeiting of products such as fuel additives, motor oils and coolants is a major concern. These pressure sensitive wads are used as significant anti-counterfeiting tools. Likewise, other industries including specialty chemicals, agrochemical and dairy, among others are also expected to adopt pressure sensitive wads, owing to their benefits.
The availability of alternatives in the market, including heat induction seals, adhesive liners and other such products may hamper the pressure sensitive wads market growth to an extent. Overall, the outlook for the global pressure sensitive wads market is expected to remain positive during the forecast period.
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In North America, the U.S. is expected to drive the global pressure sensitive wads market during the forecast period due to the presence of key chemical, pharmaceutical and petrochemical industries in the country. Germany, France and Italy are expected to witness lucrative growth in the pressure sensitive wads market, owing to the presence of some of the major cosmetic manufacturers in these regions. Countries in APEJ such as China and India are expected to witness robust demand for pressure sensitive wads due to the rising industrialization and commercialization in the region. The pressure sensitive wads market is projected to foresee strong growth prospects in the next decade.
Pressure Sensitive Wads Market: Market Participants
Examples of some of the leading players operating in the global pressure sensitive wads market are: Zhejiang Mingtian Induction Material Co., Ltd. Convertacor cc Tekni-Plex, Premium Polymers Limited, Binny Wads Pvt. Ltd. Sun-Vi Packaging Industries, Dongguan Lingxiang Packaging Technology Materials Co., Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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