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Spray Adhesives Market - Global Industry Analysis

Spray Adhesives Market - By Type (Water-Based, Solvent-Based, And Hot Melt), By Chemistry (Polyurethane, Epoxy, Vinyl Acetate Ethylene, And Synthetic Rubber), By End-User Industry Industry (Construction, Transportation, Furniture, And Others), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 25-Sep-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-2949 Status : Published

Global Spray Adhesives market, which was estimated at 3.54 (USD Billion) in 2019 and will garner 7.27 (USD Billion) by 2026, is set to record a CAGR of nearly 4.4% over 2020-2026

Description

The global Spray Adhesives market, which was estimated at 3.54 (USD Billion) in 2019 and will garner 7.27 (USD Billion) by 2026, is set to record a CAGR of nearly 4.4% over 2020-2026. The report offers valuation and analysis of Spray Adhesives market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Spray adhesives are used in the droplet form and replace tape glue, white glue, and hit glue. Beneficial features of the product like strong bonding and heat & moisture resistance has made it popular across various industries. Apparently, spray adhesives are used in furniture and transport sectors on a large scale. In transport activities, these materials are utilized as a key component of upholstery and interiors in ships and automobiles. While, in construction sector, spray adhesives are utilized in ground surface construction as well as in construction materials. These products are used as a part of artworks & expressions and bundling.

Market Growth Drivers

Escalating requirement of hygienic food packaging is predicted to embellish the growth of spray adhesives market in the years ahead. Additionally, lucrative use of spray adhesives in bonding laminates, decorative cushions, fabrics, and foams to furniture will embellish the industry growth in the years ahead. Apparently, a prominent surge in the construction activities and enhancements in the standard of living of the people has contoured the demand for the product in the recent years, thereby driving the business trends. Moreover, massive use of hot melt sprays in the packaging activities will create new growth avenues for the market over the years to come. Nonetheless, oscillating raw material costs and health issues caused due to volatile organic compound emissions from the product can retard the utility of spray adhesive. This, in turn, will result in diminishing fiscal returns for the market over the next couple of years.  However, demand for the product in countries like India is going to get momentum due to initiatives like Make In India, thereby paving the way for rise in domestic production of commercial & passenger vehicles in the country. Such initiatives will not only ameliorate the market revenue in the foreseeable future but will negate the effect of the hindrances on the business.

Asia Pacific To Play A Leading Role In Global Market Growth By 2026

The region is likely to contribute majorly towards global spray adhesives market share during estimated timeframe owing to massive product penetration across furniture, transport, packaging, and construction sectors in the countries like China and India. Rapid industrialization and urbanization in the emerging economies are likely to shape the different facets of growth of market in the region over the forthcoming years. Surge in number infrastructural projects with the focus of the government to build a robust infrastructure will boost the regional market trends.

Key players likely to contribute notably towards the market proceeds include H.B. Fuller, 3M, Bostik SA, Quin Global, Kissel+Wolf GmbH, Henkel, and SIKA AG.

The global spray adhesives market is segmented as follows:

By Chemistry

  • Epoxy
  • Polyurethane
  • Synthetic Rubber
  • Vinyl Acetate Ethylene

By Type

  • Solvent-Based
  • Water-Based
  • Hot Melt

By End-User Industry Industry

  • Transportation
  • Construction
  • Furniture
  • Other

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Spray Adhesives Market , 2016–2026 (USD Billion)
    • 2.2. Spray Adhesives Market : Snapshot
  • Chapter 3. Global Spray Adhesives Market – Industry Analysis
    • 3.1. Spray Adhesives Market : Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. A prominent surge in the construction activities and enhancements in the standard of living of the people has contoured the demand for the product in the recent years, thereby driving the business trends.
      • 3.2.2. Massive use of hot melt sprays in the packaging activities will create new growth avenues for the market over the years to come.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Type
      • 3.4.2. Market attractiveness analysis By Chemistry
      • 3.4.3. Market attractiveness analysis By End-User Industry
  • Chapter 4. Global Spray Adhesives Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Spray Adhesives Market : company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Spray Adhesives Market – Type Analysis
    • 5.1. Global Spray Adhesives Market overview: By Type
      • 5.1.1. Global Spray Adhesives Market share, By Type , 2019 and 2026
    • 5.2. Water-Based
      • 5.2.1. Global Spray Adhesives Market By Water-Based, 2016–2026 (USD Billion)
    • 5.3. Sulvent-Based
      • 5.3.1. Global Spray Adhesives Market By Sulvent-Based, 2016–2026 (USD Billion)
    • 5.4. Hot Melt
      • 5.4.1. Global Spray Adhesives Market By Hot Melt, 2016–2026 (USD Billion)
  • Chapter 6. Global Spray Adhesives Market – Chemistry Analysis
    • 6.1. Global Spray Adhesives Market overview: By Chemistry
      • 6.1.1. Global Spray Adhesives Market share, By Chemistry , 2019 and 2026
    • 6.2. Pulyurethane
      • 6.2.1. Global Spray Adhesives Market By Pulyurethane , 2016–2026 (USD Billion)
    • 6.3. Epoxy
      • 6.3.1. Global Spray Adhesives Market By Epoxy, 2016–2026 (USD Billion)
    • 6.4. Vinyl Acetate Ethylene
      • 6.4.1. Global Spray Adhesives Market By Vinyl Acetate Ethylene, 2016–2026 (USD Billion)
    • 6.5. Synthetic Rubber
      • 6.5.1. Global Spray Adhesives Market By Synthetic Rubber, 2016–2026 (USD Billion)
  • Chapter 7. Global Spray Adhesives Market – End-User Industry Analysis
    • 7.1. Global Spray Adhesives Market overview: By End-User Industry
      • 7.1.1. Global Spray Adhesives Market share, By End-User Industry , 2019 and 2026
    • 7.2. Construction
      • 7.2.1. Global Spray Adhesives Market By Construction, 2016–2026 (USD Billion)
    • 7.3. Transportation
      • 7.3.1. Global Spray Adhesives Market By Transportation, 2016–2026 (USD Billion)
    • 7.4. Furniture
      • 7.4.1. Global Spray Adhesives Market By Furniture, 2016–2026 (USD Billion)
    • 7.5. Others
      • 7.5.1. Global Spray Adhesives Market By Others, 2016–2026 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. H.B. Fuller
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Bostik SA
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Kissel+Wulf GmbH
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Henkel
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Quin Global
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. 3M
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. SIKA AG
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development

List of Figures

1. Market research process
2. Market research methodology
3. Global Spray Adhesives Market , 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Spray Adhesives Market attractiveness, By Type  
6. Global Spray Adhesives Market attractiveness, By Chemistry  
7. Global Spray Adhesives Market attractiveness, By End-User Industry 
8. Global Spray Adhesives Market Share by Type  ,2019 and 2026 (USD Billion)
9. Global Spray Adhesives Market by Water-Based,2016–2026 (USD Billion)
10. Global Spray Adhesives Market by Solvent-Based ,2016–2026 (USD Billion)
11. Global Spray Adhesives Market by Hot Melt,2016–2026 (USD Billion)
12. Global Spray Adhesives Market Share By Chemistry  ,2019 and 2026 (USD Billion)
13. Global Spray Adhesives Market by Polyurethane  ,2016–2026 (USD Billion)
14. Global Spray Adhesives Market , By Epoxy, 2016–2026 (USD Billion)
15. Global Spray Adhesives Market , By Vinyl Acetate Ethylene, 2016–2026 (USD Billion) Global Spray Adhesives Market , By Synthetic Rubber, 2016–2026 (USD Billion)
16. Global Spray Adhesives Market Share by End-User Industry  ,2019 and 2026 (USD Billion)
17. Global Spray Adhesives Market by Construction,2016–2026 (USD Billion)
18. Global Spray Adhesives Market by Transportation ,2016–2026 (USD Billion)
19. Global Spray Adhesives Market by Furniture ,2016–2026 (USD Billion)
20. Global Spray Adhesives Market by Others ,2016–2026 (USD Billion)
21. Global Spray Adhesives Market Share, by Region, 2019 and 2026
22. North America Spray Adhesives Market , 2016–2026 (USD Billion)
23. Europe Spray Adhesives Market , 2016–2026 (USD Billion)
24. Asia Pacific Spray Adhesives Market , 2016–2026 (USD Billion)
25. Latin America Spray Adhesives Market , 2016–2026 (USD Billion)
26. The Middle East and Africa Spray Adhesives Market , 2016–2026 (USD Billion)
 


List of Tables

1. Global Spray Adhesives Market : snapshot
2. Drivers of the Spray Adhesives Market : impact analysis
3. North America Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
4. North America Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
5. North America Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
6. The U.S. Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
7. The U.S. Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
8. The U.S. Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
9. Rest of North America Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
10. Rest of North America Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
11. Rest of North America Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
12. Europe Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
13. Europe Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
14. Europe Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
15. UK Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
16. UK Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
17. UK Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
18. France Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
19. France Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
20. France Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
21. Germany Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
22. Germany Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
23. Germany Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
24. Rest of Europe Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
25. Rest of Europe Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
26. Rest of Europe Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
27. Asia Pacific Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
28. Asia Pacific Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
29. Asia Pacific Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
30. China Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
31. China Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
32. China Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
33. Japan Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
34. Japan Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
35. Japan  Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
36. India Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
37. India Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
38. India Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
39. Rest of Asia Pacific Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
40. Rest of Asia Pacific Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
41. Rest of Asia Pacific Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
42. Latin America Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
43. Latin America Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
44. Latin America Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
45. Brazil Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
46. Brazil Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
47. Brazil Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
48. Rest of Latin America Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
49. Rest of Latin America Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
50. Rest of Latin America Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
51. The Middle East and Africa Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
52. The Middle East and Africa Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
53. The Middle East and Africa Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
54. Saudi Arabia Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
55. Saudi Arabia Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
56. Saudi Arabia Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
57. South Africa Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
58. South Africa Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
59. South Africa Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)
60. Rest of the Middle East & Africa Spray Adhesives Market revenue, By Type  , 2016–2026 (USD Billion)
61. Rest of the Middle East & Africa Spray Adhesives Market revenue, By Chemistry  , 2016–2026 (USD Billion)
62. Rest of the Middle East & Africa Spray Adhesives Market revenue, By End-User Industry , 2016–2026 (USD Billion)

 

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FrequentlyAsked Questions

Escalating requirement of hygienic food packaging is predicted to embellish the growth of spray adhesives market in the years ahead. Additionally, lucrative use of spray adhesives in bonding laminates, decorative cushions, fabrics, and foams to furniture will embellish the industry growth in the years ahead. Apparently, a prominent surge in the construction activities and enhancements in the standard of living of the people has contoured the demand for the product in the recent years, thereby driving the business trends.

According to Zion Market Research report, The global Spray Adhesives market, which was estimated at 3.54 (USD Billion) in 2019 and will garner 7.27 (USD Billion) by 2026, is set to record a CAGR of nearly 4.4% over 2020-2026.

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan massive product penetration across furniture, transport, packaging, and construction sectors in the countries like China and India. Rapid industrialization and urbanization in the emerging economies are likely to shape the different facets of growth of market in the region over the forthcoming years. Surge in number infrastructural projects with the focus of the government to build a robust infrastructure will boost the regional market trends.

The key players profiled in the report include H.B. Fuller, 3M, Bostik SA, Quin Global, Kissel+Wolf GmbH, Henkel, and SIKA AG. With new players entering the market, the market is likely to be highly competitive and hence the existing players are focusing on product innovations keeping the cost of product reasonable with a view to acquire desired profits. Apart from this, industry players are trying to coin new ways to lessen/mitigate the ecological damage caused as a result of the production and this is likely to promote the business growth trends in the near future.

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