Spray Adhesives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Spray adhesives are defined as versatile adhesives which bond with an extensive range of lightweight materials. These adhesives are available in the form of droplets and act as a useful alternative for tape glue, hit glue, and white glue. These adhesives perform as strong adherents available in the aerosol form. Spray adhesives offer excellent adhesion with fast tack. Spraying helps to boost the speed of application and minimizes wastage with controlled spray mechanism. They offer resistance from heat and moisture and helps to create a strong permanent bond which makes it suitable for broad application scopes such as automotive, paper & packaging, building & construction, leather & footwear, and others.

MARKET DYNAMICS

The spray adhesives market has witnessed a significant growth owing to growing penetration of spray adhesives in end-use industries. The rising adoption of spray adhesives by the transportation industry coupled with the expanding demand for interior and upholstery applications and the rising use of spray adhesives in the construction industry for flooring and roofing is further expected to boost its utilization. However, volatility in the prices of raw material is projected to hamper the spray adhesives market growth over the projected period. Moreover, the primary trend followed in the spray adhesives market is surge in demand for low-voc and eco-friendly adhesives.

MARKET SCOPE

The "Global Spray Adhesives Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the spray adhesives market with detailed market segmentation by chemistry, type, end user industry, and geography. The global spray adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading spray adhesives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global spray adhesives market is segmented on the basis of chemistry, type and end user industry. On the basis of chemistry, the spray adhesives market is segmented into epoxy, polyurethane, synthetic rubber and vinyl acetate ethylene. The spray adhesives market on the basis of the type is classified into solvent-based, water-based and hot melt. The spray adhesives market on the basis of the end user industry is classified into transportation, construction, furniture and other.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global spray adhesives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The spray adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the spray adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the spray adhesives market in these regions.

Spray Adhesives Market Report Analysis

Spray Adhesives Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• 3MAFT AerosolsAvery Dennison Corporation
• Bostik
• Gemini Adhesives
• Illinois Tool Works
• Kissel+Wolf GmbH
• Quin Global
• Sika AG
• Spray-Lock Inc.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Chemistry

• Epoxy
• Polyurethane
• Synthetic Rubber
• Vinyl Acetate Ethylene

By Type

• Solvent-Based
• Water-Based
• Hot Melt

By End-Use Industry

• Transportation
• Construction
• Furniture

MARKET PLAYERS

The reports cover key developments in the spray adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from spray adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for Spray adhesives in the global market. Below mentioned is the list of few companies engaged in the Spray adhesives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the spray adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  3M
•  AFT Aerosols
•  Avery Dennison Corporation
•  Bostik
•  Gemini Adhesives
•  Illinois Tool Works
•  Kissel+Wolf GmbH
•  Quin Global
•  Sika AG
•  Spray-Lock Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Spray Adhesives Market Report Scope