Spray Adhesives Market is expected to reach USD 4.37 Billion by 2026 from USD XX Billion in 2018 at a CAGR of XX %.
Spray Adhesives Market
Spray adhesives are versatile adhesives that are largely utilized in transportation, construction, leather & footwear and furniture industries. Spray adhesives are fast and quickly bonds that decreases the time taken by the adhesive to set. Vigorously growing automotive and packaging industries are one of the factors for increased consumption of the spray adhesives along with good shear strength, quick drying rates and high flexibility of the adhesives. Excellent features such as fast track, strong bonding, and durability at higher temperatures will propel the growth of the market.
Hot melt spray adhesives segment is expected to be one of the major contributors of the market growth during the forecast period. This is due to stringent environmental norms regarding VOC content of spray adhesives as VOC content of hot melt spray adhesives is very less. Hot melt is followed by water borne adhesives.
Transportation segment among end-use industry is expected to hold one of the largest shares of the market during the forecast period. Transportation is followed by construction
Geographically, Asia-Pacific is expected to be one of the largest markets for spray adhesives during the forecast period followed by the Middle East & Africa and North America. The market is growing due to increasing industrialization in developing countries such as China and India.
Scope of the Report:
Spray Adhesives Market, by Type:
• Solvent-based
• Water-based
• Hot Melt
Spray Adhesives Market, by Chemistry:
• Epoxy
• Polyurethane
• Synthetic Rubber
• Vinyl Acetate Ethylene
Spray Adhesives Market, by End-use Industry:
• Transportation
• Construction
• Furniture
• Others
Spray Adhesives Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Spray Adhesives Market:
• Bostik SA (US)
• H.B. Fuller (US)
• Henkel (Germany)
• Kissel+Wolf GmbH (Germany)
• Quin Global (US)
• SIKA AG (Switzerland)
• 3M (US)
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