Spray Adhesives Market, By Product (Solvent-Based, Water-Based, Hot-Melt), By Application (Transportation, Construction, Furniture, Packaging, Leather, Textile, Others), By Region (North America, Europe, Asia Pacific, South America Middle East and Africa) – Market Size & Forecasting-(2021-2030)

The Spray Adhesives Market is anticipated to witness lucrative growth with a CAGR of more than xx.xx% during the forecast period. The key driving factors such as an increase in the construction sector of developing countries. Apart from this the rapid growth of the spray adhesives market is witnessed owing to the increasing need for adhesives with volatile, organic compounds emissions because the government has set certain rules on the VOC for curbing air pollution.

Furthermore, the increasing popularity of solvent oriented adhesives along with the rising use of spray adhesives in the construction industry because they produce good results with lightweight materials is anticipated to increase the market growth.

On other hand, the increasing investment in the building and construction sector and expansion of the packaging market in developing economies are anticipated to drive the market growth. The rising awareness related to the harmful effect of the volatile organic compound is going to reduce the application of solvent-based spray adhesive.

However, it has increased the consumption of water and hot melt based products. The rising use of spray adhesives in repairing hoardings as well as other interior accessories in the automotive market is anticipated to increase the market demand over the forecast period.

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Market Segmentation

Spray Adhesives Market, By Product

Based on the product type, the global spray adhesives market is segmented into water-based, hot melts and solvent-based, and others. When it comes to revenue, the hot melt category holds the highest market share during the forecast period owing to the strict environmental policies related to VOC content.

On the other hand, the solvent-based segment is also going to witness significant growth. This type of adhesives is used to glue materials with ingredients that are polymer-based within the solvent.

Spray Adhesives Market, By Application

On the basis of application, the global spray adhesives market is segmented into furniture, construction, packaging, automotive and transportation, textile, and leather. In terms of revenue, the automotive and transportation segment holds a major share that is again followed by packaging.

In transportation, spray adhesives are used in aircraft, aerospace, vehicle assembly, automotive module sealings, and in-liquid gasket sealants. Not only this but also it provides a strong bond, vibration resistance, durability, electrical conductivity, and thermal cycling to certain types of chemicals.

Spray Adhesives Market, By Region

Based on the region, the global spray adhesives market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. The Asia Pacific held the highest market share which is mainly attributed to huge growth in the construction segment from developing countries such as China, India, Malaysia and Indonesia. In the Asia Pacific, China is the leading shareholder of the regional market owing to the rising infrastructural activities in China which are supported by huge infrastructural projects that are proposed by the government.

Europe holds the second largest share owing to the increasing investment in research and development activities in the transportation segment will play a significant role in the market demand in the upcoming years.

What Does This Report Provides?

A detailed understanding of the global spray adhesives market demand from a qualitative and quantitative perspective. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the global spray adhesives market.

The major market drivers, challenges, and opportunities for the market have been covered in the report. This report also includes the market share of the leading companies, their production capacities, and the growth strategies adopted by them.

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Some Recent Developments in the Global Spay Adhesives Market

In June 2017, BASF launched an advanced eco-friendly spray foam insulation. This is going to strengthen the position of the company.

Global Spray Adhesives Market

By Product:

  • Solvent Based
  • Water-Based
  • Hot Melts
  • Others

By Application:

  • Packaging
  • Construction
  • Automotive and Transportation
  • Leather and Textile
  • Furniture

By Region

North America Spray Adhesives Market

  • North America, by Country
  • U.S
  • Canada
  • Mexico
  • North America, by Product
  • North America, by Application

Europe Spray Adhesives Market

  • Europe, by Country
    • Germany
    • Russia
    • U.K
    • France
    • Italy
    • Spain
    • Rest of Europe 
  • Europe, by Product
  • Europe, by Application

Asia Pacific Spray Adhesives Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific 
  • Asia Pacific, by Product
  • Asia Pacific, by Application

Middle East and Africa Spray Adhesives Market

  • Middle East and Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East and Africa
  • Middle East and Africa, by Product
  • Middle East and Africa, by Application

South America Spray Adhesives Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Product
  • South America, by Application

Major Companies: In this report, the following major companies are studied - H.B, Henkel AG & Co. KGaA, Fuller Company, BASF SE, Sika AG, Ashland INC, and The 3M Company

Objectives of This Report:

  • To study and analyse the global market sales, status, value and forecast.
  • It focuses on the market manufacturers, to study the market value, sales, market shares and development plans in the future.
  • It aims to focus on key manufacturers, to define, describe as well as analyse the market competition landscape, market trends and SWOT analysis.
  • To identify the important market trends and factors driving the market growth.
  • To analyse the competitive development such as expansions, new product launch, collaboration and acquisition in the global market.

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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