Spray Adhesives Market Size, Share, Trends, Growth and Forecast 2032

Spray Adhesives Market

Spray Adhesives Market By Type (Water-Based, Solvent-Based, And Hot Melt), By Chemistry (Polyurethane, Epoxy, Vinyl Acetate Ethylene, And Synthetic Rubber), By End-User Industry Industry (Construction, Transportation, Furniture, And Others), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-2949 Published Date: Oct-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 3.54 Billion USD 4.96 Billion 3.82% 2023

Spray Adhesives Market Insights

According to Zion Market Research, the global Spray Adhesives Market was worth USD 3.54 Billion in 2023. The market is forecast to reach USD 4.96 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3.82% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Spray Adhesives industry over the next decade.

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Spray Adhesives? Market Introduction

The substantial growth in the building & construction industry especially in emerging nations is the major driver for the Spray Adhesives Market demand worldwide. The product is used to glue drywalls, plasters, fiberglass, and insert ceilings. Furthermore, EPS foams, pipe insulation, roofing membranes, and carpet tile installation are a few other products used in the construction industry. This will foster market growth. The Global Spray Adhesives Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Spray Adhesives MarketRequest Free Sample

Spray adhesives are used in the droplet form and replace tape glue, white glue, and hit glue. Beneficial features of the product like strong bonding and heat & moisture resistance has made it popular across various industries. Apparently, spray adhesives are used in furniture and transport sectors on a large scale. In transport activities, these materials are utilized as a key component of upholstery and interiors in ships and automobiles. While, in construction sector, spray adhesives are utilized in ground surface construction as well as in construction materials. These products are used as a part of artworks & expressions and bundling.

Global Spray Adhesives Market Definition

Spray adhesives are utilized in the form of droplets and are broadly substituted for tape glue, hot glue, and white glue. This is considered owing to its properties, for instance, quick, forceful track for a robust bond, and moisture and heat resistance. These spray adhesives wet the base of the joining surfaces and consistently transfer loads between the blended surfaces to improve better and more grounded holding. These adhesives can likewise contain volatile organic compounds (or VOCs), which are radiated amid their application.

Spray adhesives are utilized as a part of the transportation, development, and furniture industries. In the transportation business, they are utilized as a part of interiors and upholstery applications in vehicles, airships, and ships. In construction, spray adhesives are highly utilized as a part of ground surface and material applications. Spray adhesives are likewise utilized as a part of bundling, material, expressions, and artworks. Furniture is another key application area of spray adhesive. This adhesive bonding offers numerous advantages over other joining methods for wood components. Companies are investing in R&D to synthesize environmentally friendly and skin-friendly wood adhesives.

Spray Adhesives Market Growth Drivers

Escalating requirement of hygienic food packaging is predicted to embellish the growth of spray adhesives market in the years ahead. Additionally, lucrative use of spray adhesives in bonding laminates, decorative cushions, fabrics, and foams to furniture will embellish the industry growth in the years ahead. Apparently, a prominent surge in the construction activities and enhancements in the standard of living of the people has contoured the demand for the product in the recent years, thereby driving the business trends. Moreover, massive use of hot melt sprays in the packaging activities will create new growth avenues for the market over the years to come.

Nonetheless, oscillating raw material costs and health issues caused due to volatile organic compound emissions from the product can retard the utility of spray adhesive. This, in turn, will result in diminishing fiscal returns for the market over the next couple of years.  However, demand for the product in countries like India is going to get momentum due to initiatives like Make In India, thereby paving the way for rise in domestic production of commercial & passenger vehicles in the country. Such initiatives will not only ameliorate the market revenue in the foreseeable future but will negate the effect of the hindrances on the business.

Spray Adhesives Market: Report Scope

Report Attributes Report Details
Report Name Spray Adhesives Market
Market Size in 2023 USD 3.54 Billion
Market Forecast in 2032 USD 4.96 Billion
Growth Rate CAGR of 3.82%
Number of Pages 110
Key Companies Covered H.B. Fuller, 3M, Bostik SA, Quin Global, Kissel+Wolf GmbH, Henkel, and SIKA AG
Segments Covered By Chemistry, By Type, By End-User Industry And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Asia Pacific To Play A Leading Role In Global Market Growth By 2032

The region is likely to contribute majorly towards global spray adhesives market share during estimated timeframe owing to massive product penetration across furniture, transport, packaging, and construction sectors in the countries like China and India. Rapid industrialization and urbanization in the emerging economies are likely to shape the different facets of growth of market in the region over the forthcoming years. Surge in number infrastructural projects with the focus of the government to build a robust infrastructure will boost the regional market trends.

Key players likely to contribute notably towards the market proceeds include -

  • H.B. Fuller
  • 3M
  • Bostik SA
  • Quin Global
  • Kissel+Wolf GmbH
  • Henkel
  • SIKA AG.

The global spray adhesives market is segmented as follows:

By Chemistry

  • Epoxy
  • Polyurethane
  • Synthetic Rubber
  • Vinyl Acetate Ethylene

By Type

By End-User Industry Industry

  • Transportation
  • Construction
  • Furniture
  • Other

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Escalating requirement of hygienic food packaging is predicted to embellish the growth of spray adhesives market in the years ahead. Additionally, lucrative use of spray adhesives in bonding laminates, decorative cushions, fabrics, and foams to furniture will embellish the industry growth in the years ahead. Apparently, a prominent surge in the construction activities and enhancements in the standard of living of the people has contoured the demand for the product in the recent years, thereby driving the business trends.

global Spray Adhesives Market was worth USD 3.54 Billion in 2023. The market is forecast to reach USD 4.96 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3.82% during the forecast period 2024-2032.

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan massive product penetration across furniture, transport, packaging, and construction sectors in the countries like China and India. Rapid industrialization and urbanization in the emerging economies are likely to shape the different facets of growth of market in the region over the forthcoming years. Surge in number infrastructural projects with the focus of the government to build a robust infrastructure will boost the regional market trends.

The key players profiled in the report include H.B. Fuller, 3M, Bostik SA, Quin Global, Kissel+Wolf GmbH, Henkel, and SIKA AG. With new players entering the market, the market is likely to be highly competitive and hence the existing players are focusing on product innovations keeping the cost of product reasonable with a view to acquire desired profits. Apart from this, industry players are trying to coin new ways to lessen/mitigate the ecological damage caused as a result of the production and this is likely to promote the business growth trends in the near future.

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