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The global spray adhesives market reached a value of US$ 3.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2027, exhibiting at a CAGR of 4.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Spray adhesives are multi-functional adherents applied onto a surface from a pressurized container. They are manufactured using epoxy, polyurethane, synthetic rubber and vinyl acetate-ethylene and require minimal time for setting and forming bonds. Once applied, the spray wets the base of the joining surfaces and consistently transfer loads between the surfaces to provide improved ground holding. In comparison to the traditionally used tape, hot and white glue, spray adhesives offer enhanced heat and moisture resistance and provide a wider coverage with minimal wastage due to a controlled spray mechanism. As a result, they are widely used across various industries, such as transportation, packaging, automotive, footwear, leather, construction and furniture.
Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market. Spray adhesives are widely used for bonding laminates, glue drywalls, plasters, fiberglass, ceilings, foams, pipe insulation, roofing membranes and carpet tiles to the flooring and roofing of the buildings. Moreover, the increasing consumer demand for durable packaging solutions is providing a thrust to the market growth. In line with this, the widespread adoption of spray adhesives for interior and upholstery applications in automobiles, marine vessels and aircraft is also contributing to the growth of the market. They are extensively used for bonding foam, fabric, fiberglass, leather and other materials to the body of the vehicle. Additionally, various product innovations, such as the launch of spray adhesives with low volatile organic compound (VOC) content, are favoring the market growth. Other factors, including extensive research and development (R&D) activities to manufacture environment- and skin-friendly spray adhesives, along with the increasing demand for hygienic food packaging solutions, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global spray adhesives market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, resin type and end use industry.
Breakup by Type:
Breakup by Resin Type:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, AFT Industries, Ashland, BASF SE, Bostik SA (Arkema S.A.), Gemini Adhesives Ltd., H.B. Fuller Company, Henkel AG & Co. KGaA, Phillips MFG, Sika AG, Spray-Lock Inc and The Kroger Co.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Resin Type, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||3M Company, AFT Industries, Ashland, BASF SE, Bostik SA (Arkema S.A.), Gemini Adhesives Ltd., H.B. Fuller Company, Henkel AG & Co. KGaA, Phillips MFG, Sika AG, Spray-Lock Inc and The Kroger Co.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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