Global Spray Adhesives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global spray adhesives market size reached US$ 3.5 Billion in 2022. Looking forward, the market is expected to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.28% during 2022-2028.

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

This research provides an analysis of the key trends in each sub-segment of the global spray adhesives market report, along with forecasts at the global, regional and country level from 2023-2028. The 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

Breakup by Region:

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

1. How big is the global spray adhesives market?
2. What is the expected growth rate of the global spray adhesives market during 2023-2028?
3. What are the key factors driving the global spray adhesives market?
4. What has been the impact of COVID-19 on the global spray adhesives market?
5. What is the breakup of the global spray adhesives market based on the type?
6. What is the breakup of the global spray adhesives market based on the end use industry?
7. What are the key regions in the global spray adhesives market?
8. Who are the key players/companies in the global spray adhesives market?