According to TechSci Research report, “Spray Adhesives Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Spray Adhesives Market stood at USD3.45 billion in 2022 and is anticipated to grow with a CAGR of 5.00% in the forecast period, 2023-2028. The initiatives taken by the government based on spray adhesives have led to favorable market conditions for the Global Spray Adhesives Market. Several factors contribute to the growth of various spray adhesive products.
In the United States, the Consumer Product Safety Commission (CPSC) has taken proactive measures to ensure consumer health and safety. Recognizing the potential risks associated with certain types of spray adhesives, the CPSC has not only banned three specific types of spray adhesives but has also urged manufacturers to voluntarily cease the production and distribution of other aerosol spray adhesives that may pose a threat.
Furthermore, the Federal Aviation Administration (FAA) has implemented stringent regulations to guarantee the safe transportation of adhesive products. To prevent potential hazards, the FAA mandates that most model glues, rubber cement, and industrial-strength adhesives, which are flammable in nature, are prohibited from being carried in both checked and carry-on baggage.
These comprehensive actions by regulatory bodies reflect a commitment to protect consumers from potential harm and reinforce the importance of adhering to safety guidelines when it comes to the production, distribution, and transportation of adhesive products.
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In the textile industry, spray adhesives play a crucial role in a multitude of applications. They are not only used for bonding fabric layers together but also for securing designs before stitching, attaching embellishments or trimmings, and even in the production of carpets and upholstery. By ensuring that the fabric remains in place, spray adhesives contribute to the overall quality and durability of the final product.
One of the notable advantages of spray adhesives is their ability to expedite the manufacturing process. Compared to traditional sewing or other methods of adhesion, using spray adhesives allows for a quicker and more efficient workflow. This, in turn, leads to significant reductions in production times and costs, making it a practical choice for businesses aiming to optimize their operations.
Moreover, spray adhesives offer versatility in terms of compatibility with different materials. They can be used with a wide range of fabrics, including delicate ones that may be susceptible to damage from other adhesive forms. This flexibility allows manufacturers to explore various design options without compromising the integrity of the materials used.
Despite their ease of application, spray adhesives provide a strong and durable bond that can withstand washing and wear. This reliability ensures that the finished products can endure the rigors of everyday use while maintaining their structural integrity.
The Global Spray Adhesives Market is segmented into chemistry, type, end user, regional distribution, and company.
Based on its end user, the transportation segment held the largest share in the market. The transport sector, encompassing the automotive, aerospace, and marine industries, relies on the use of adhesives to achieve multiple benefits. Adhesives enable manufacturers to minimize vehicle weight, resulting in improved fuel efficiency and reduced emissions. Specifically, the use of spray adhesives offers advantages such as cost reduction and minimized material wastage. These spray adhesives provide a smooth coating that efficiently covers the entire target area, ensuring optimal adhesive usage. Moreover, they are versatile enough to bond various materials like leather, cotton, silk, fiberglass, plastic, and rubber to the metal bodies of cars, aircraft, and ships.
In addition to their role in interior trim applications, spray adhesives play a vital role in meeting the increasing demand for vehicles in emerging countries like China, India, and Brazil. As these countries experience a rise in disposable incomes among the middle-class population, the demand for vehicles, including electric cars, is expected to surge. This growth in the automotive industry is poised to further fuel the market for spray adhesives.
With the ever-evolving landscape of the transport sector, the utilization of spray adhesives continues to be a pivotal factor in achieving lightweight and durable designs, while also meeting the demands of a growing global market.
Based on region, the Europe segment is expected to grow during the forecast period.
The increasing initiatives taken by the government towards sustainable development are expected to significantly boost the demand for eco-friendly spray adhesives in the region across various end-use industries. Moreover, the presence of well-established automotive manufacturers in the region is projected to further stimulate the market growth. These manufacturers, known for their commitment to environmental sustainability, are increasingly adopting eco-friendly adhesive solutions to meet their production needs. As a result, the market for eco-friendly spray adhesives is poised to experience substantial growth in the region.
Major companies operating in the Global Spray Adhesives Market are:
- Henkel AG & Co KGaA
- 3M Co.
- HB Fuller Co
- Avery Dennison Corp
- Bostik SA
- ND Industries Inc.
- Sika AG
- Illinois Tool Works Inc
- Kissel+Wolf GmbH
- Quin GmbH
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“Growing application of spray adhesives in various end-user industries are key drivers of the spray adhesives market. Growth in the competitive landscape and the presence of well-established companies in the market who are dedicated to enhancing their productivity of spray adhesives with every passing year are anticipated to register an impressive growth to the Global Spray Adhesives Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Spray Adhesives Market By Chemistry (Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene, Others), By Type (Solvent-Based, Water and Hot Melt), By End User (Transportation, Construction, Furniture, Packaging, Textile, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Spray Adhesives Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Spray Adhesives Market.
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Table of Content-Spray Adhesives Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- Global Spray Adhesive Market: Demand-Supply Analysis
4.1. By Region
- Global Spray Adhesive Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Chemistry (Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene, Others)
5.2.2. By Type (Solvent-Based, Water Based and Hot Melt)
5.2.3. By End User (Transportation, Construction, Furniture, Packaging, Textile, Others)
5.2.4. By Region
5.2.5. By Company (2022)
5.3. Market Map
5.3.1. By Chemistry
5.3.2. By Type
5.3.3. By End User
5.3.4. By Region
- Asia Pacific Spray Adhesive Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Chemistry
6.2.2. By Type
6.2.3. By End User
6.2.4. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Spray Adhesive Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Chemistry
6.3.1.2.2. By Type
6.3.1.2.3. By End User
6.3.2. India Spray Adhesive Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Chemistry
6.3.2.2.2. By Type
6.3.2.2.3. By End User