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Spray Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 143 Pages
  • February 2022
  • Region: Global
  • IMARC Group
  • ID: 5547035
The global spray adhesives market reached a value of US$ 3.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4.3 Billion by 2027, exhibiting 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.

Spray Adhesives Market Trends:

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.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global spray adhesives market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, resin type and end use industry.

Breakup by Type:

  • Solvent-based
  • Water-based
  • Hot Melt

Breakup by Resin Type:

  • Epoxy
  • Polyurethane
  • Synthetic Rubber
  • Vinyl Acetate Ethylene

Breakup by End Use Industry:

  • Building and Construction
  • Packaging
  • Furniture
  • Transportation
  • Textile
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

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.

Key Questions Answered in this Report:

  • How has the global spray adhesives market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global spray adhesives market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the resin type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global spray adhesives market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Spray Adhesives Market

What is the estimated value of the Global Spray Adhesives Market?

The Global Spray Adhesives Market was estimated to be valued at $3.3 Billion in 2021.

What is the growth rate of the Global Spray Adhesives Market?

The growth rate of the Global Spray Adhesives Market is 4.5%, with an estimated value of $4.3 Billion by 2027.

What is the forecasted size of the Global Spray Adhesives Market?

The Global Spray Adhesives Market is estimated to be worth $4.3 Billion by 2027.

Who are the key companies in the Global Spray Adhesives Market?

Key companies in the Global Spray Adhesives Market include 3M Company, AFT Industries, Ashland, BASF SE, Bostik SA (Arkema S.A.), Gemini Adhesives Ltd., H.B. Fuller Company, Henkel AG & Co. KGaA and Sika AG.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Spray Adhesives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Solvent-based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Water-based
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hot Melt
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Resin Type
7.1 Epoxy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polyurethane
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Synthetic Rubber
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Vinyl Acetate Ethylene
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Building and Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Packaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Furniture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Transportation
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Textile
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 3M Company
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 AFT Industries
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Ashland
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 BASF SE
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Bostik SA (Arkema S.A.)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Gemini Adhesives Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 H.B. Fuller Company
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Henkel AG & Co. KGaA
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Phillips MFG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Sika AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Spray-Lock Inc
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 The Kroger Co.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Spray Adhesives Market: Major Drivers and Challenges
Figure 2: Global: Spray Adhesives Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Spray Adhesives Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Spray Adhesives Market: Breakup by Type (in %), 2021
Figure 5: Global: Spray Adhesives Market: Breakup by Resin Type (in %), 2021
Figure 6: Global: Spray Adhesives Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Spray Adhesives Market: Breakup by Region (in %), 2021
Figure 8: Global: Spray Adhesives (Solvent-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Spray Adhesives (Solvent-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Spray Adhesives (Water-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Spray Adhesives (Water-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Spray Adhesives (Hot Melt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Spray Adhesives (Hot Melt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Spray Adhesives (Epoxy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Spray Adhesives (Epoxy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Spray Adhesives (Polyurethane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Spray Adhesives (Polyurethane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Spray Adhesives (Synthetic Rubber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Spray Adhesives (Synthetic Rubber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Spray Adhesives (Vinyl Acetate Ethylene) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Spray Adhesives (Vinyl Acetate Ethylene) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Spray Adhesives (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Spray Adhesives (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Spray Adhesives (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Spray Adhesives (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Spray Adhesives (Furniture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Spray Adhesives (Furniture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Spray Adhesives (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Spray Adhesives (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Spray Adhesives (Textile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Spray Adhesives (Textile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Spray Adhesives (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Spray Adhesives (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Spray Adhesives Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Spray Adhesives Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Spray Adhesives Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Spray Adhesives Industry: SWOT Analysis
Figure 84: Global: Spray Adhesives Industry: Value Chain Analysis
Figure 85: Global: Spray Adhesives Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Spray Adhesives Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Spray Adhesives Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Spray Adhesives Market Forecast: Breakup by Resin Type (in Million US$), 2022-2027
Table 4: Global: Spray Adhesives Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Spray Adhesives Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Spray Adhesives Market: Competitive Structure
Table 7: Global: Spray Adhesives Market: Key Players

Companies Mentioned

  • 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
  • The Kroger Co.

Methodology

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