Market Overview:
The global spray adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for spray adhesives from transportation, construction, furniture, and other applications. In terms of type, the solvent-based segment is expected to lead the global spray adhesives market during the forecast period. This can be attributed to its properties such as high bonding strength and resistance against heat and moisture.
Product Definition:
Spray adhesives are a type of adhesive that is dispensed as a liquid from a can or other container. The adhesive is then sprayed onto the surface to be bonded.
Solvent-based:
Solvent-based, it's usage and growth factor in the market of spray adhesives is a study carried out to determine the demand for solvent-based products in spray adhesive applications. The study analyzes various factors which have been driving and inhibiting the global solvent-based, it's usage and growth factor in the market of spray adhesives over the past few years.
Water-based:
Water-based is a type of adhesives, which are made from water, binders and resins. They have low Volatile Organic Compounds (VOC) content and less or no solvents. The product has high demand in the U.S., as it complies with clean air regulations for VOCs under the United States Environmental Protection Agency (EPA).
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a wide range of applications in this industry including bonding, lamination, stapling and gluing. It finds extensive usage for lamination of flooring underlayment, subflooring & suspended ceiling systems as well as wallboard bonders. In addition, it is also used extensively for interior decoration such as mounting picture frames on walls and decorative trims on doors & windowsills.
Regional Analysis:
North America was the largest market for global spray adhesives in 2016, accounting for a share of more than 30.0% owing to the increasing demand from various end-use industries such as transportation and construction. The growing number of manufacturers coupled with technological advancements is expected to drive growth over the forecast period.
The U.S., being one of the most developed countries, has witnessed an increase in construction activities over past few years which is likely to boost product demand across North America during 2017-2030 period.
Asia Pacific is projected be one of fastest growing regions with a CAGR exceeding 6% during the forecast period owing to rapid industrialization along with rising per capita income levels in emerging economies including China.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Growing popularity of spray adhesives in DIY applications
- Rising investments by adhesive manufacturers in R&D to develop new products
- Proliferation of online retail platforms that offer a wide range of spray adhesives at competitive prices
- Growing awareness about the benefits of using spray adhesives over other bonding methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Spray Adhesives Market Research Report
By Type
Solvent-based, Water-based, Hot Melt
By Application
Transportation, Construction, Furniture, Others
By Companies
Henkel, M, H.B. Fuller, Avery Dennison, Bostik, ND Industries, Sika AG, Illinois Tool Works, Quin Global, Kissel+Wolf GmbH, Henkel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Spray Adhesives Market Report Segments:
The global Spray Adhesives market is segmented on the basis of:
Types
Solvent-based, Water-based, Hot Melt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Construction, Furniture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- M
- H.B. Fuller
- Avery Dennison
- Bostik
- ND Industries
- Sika AG
- Illinois Tool Works
- Quin Global
- Kissel+Wolf GmbH
- Henkel
Highlights of The Spray Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent-based
- Water-based
- Hot Melt
- By Application:
- Transportation
- Construction
- Furniture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spray Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spray adhesives are a type of adhesive that is sprayed from a can or bottle. They are often used to attach objects together, such as paper to cardboard.
Some of the major players in the spray adhesives market are Henkel, M, H.B. Fuller, Avery Dennison, Bostik, ND Industries, Sika AG, Illinois Tool Works, Quin Global, Kissel+Wolf GmbH, Henkel.
The spray adhesives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spray Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spray Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spray Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spray Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spray Adhesives Market Size & Forecast, 2020-2028
4.5.1 Spray Adhesives Market Size and Y-o-Y Growth
4.5.2 Spray Adhesives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solvent-based
5.2.2 Water-based
5.2.3 Hot Melt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Construction
6.2.3 Furniture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spray Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spray Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solvent-based
9.6.2 Water-based
9.6.3 Hot Melt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Construction
9.10.3 Furniture
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solvent-based
10.6.2 Water-based
10.6.3 Hot Melt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Construction
10.10.3 Furniture
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solvent-based
11.6.2 Water-based
11.6.3 Hot Melt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Construction
11.10.3 Furniture
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solvent-based
12.6.2 Water-based
12.6.3 Hot Melt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Construction
12.10.3 Furniture
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solvent-based
13.6.2 Water-based
13.6.3 Hot Melt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Construction
13.10.3 Furniture
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spray Adhesives Market: Competitive Dashboard
14.2 Global Spray Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 M
14.3.3 H.B. Fuller
14.3.4 Avery Dennison
14.3.5 Bostik
14.3.6 ND Industries
14.3.7 Sika AG
14.3.8 Illinois Tool Works
14.3.9 Quin Global
14.3.10 Kissel+Wolf GmbH
14.3.11 Henkel
