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Spray Adhesives Trends and Forecast
The future of the global spray adhesives market looks promising with opportunities in the building and construction, packaging, furniture, transportation, and textile markets. The global spray adhesives market is expected to reach an estimated $4.2 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are significant growth in the construction industry across the globe, significant research and development (R&D) efforts to produce spray adhesives that are safe for the skin and the environment, as well as, growing need for sanitary food packaging solutions.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Spray Adhesives by Segment
The study includes a forecast for the global spray adhesives by chemistry, type, application, and region.

Spray Adhesives Market by Chemistry [Shipment Analysis by Value from 2018 to 2030]:
• Polyurethane
• Epoxy
• Vinyl Acetate-Ethylene
• Synthetic Rubber
• Others






Spray Adhesives Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hot- Melt
• Solvent
• Water
• Others







Spray Adhesives Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Building and Construction
• Packaging
• Furniture
• Transportation
• Textile
• Others

















Spray Adhesives Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Spray Adhesives Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies spray adhesives companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the spray adhesives companies profiled in this report include-
• AFT Aerosols
• Gemini Adhesives
• 3M
• Phillips Manufacturing
• H.B.Fuller
• Henkel
• BASF
• Eastman Chemical Company
• Sika
• AVERY DENNISON


Spray Adhesives Market Insights
Lucintel forecasts that hot-melt will remain the largest segment over the forecast period due to strengthening of environmental regulations pertaining to spray adhesivesÄX%$%X VOC levels, as well as, owing to their lack of a solvent or water carrier, hot melt spray adhesives have a very low volatile organic compound (VOC) concentration, making them more environmentally friendly.

APAC is expected to witness highest growth over the forecast period due to robust governmental initiatives, robust development in the building sector from expanding nations like China, India, and Indonesia, and potential benefits from the automotive sector owing to growing socioeconomic issues and current projects.

Features of the Global Spray Adhesives Market

Market Size Estimates: Spray adhesives market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Spray adhesives market size by chemistry, type, application, and region in terms of value ($B).
Regional Analysis: Spray adhesives market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different chemistry, type, application, and regions for the spray adhesives market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the spray adhesives market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the spray adhesives market size?
Answer: The global spray adhesives market is expected to reach an estimated $4.2 billion by 2030.

Q2. What is the growth forecast for spray adhesives market?
Answer: The global spray adhesives market is expected to grow with a CAGR of 4.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the spray adhesives market?
Answer: The major drivers for this market are significant growth in the construction industry across the globe, significant research and development (R&D) efforts to produce spray adhesives that are safe for the skin and the environment, as well as, growing need for sanitary food packaging solutions.

Q4. What are the major segments for spray adhesives market?
Answer: The future of the global spray adhesives market looks promising with opportunities in the building and construction, packaging, furniture, transportation, and textile markets.

Q5. Who are the key spray adhesives market companies?
Answer: Some of the key spray adhesives companies are as follows:
• AFT Aerosols
• Gemini Adhesives
• 3M
• Phillips Manufacturing
• H.B.Fuller
• Henkel
• BASF
• Eastman Chemical Company
• Sika
• AVERY DENNISON



Q6. Which spray adhesives market segment will be the largest in future?
Answer: Lucintel forecasts that hot-melt will remain the largest segment over the forecast period due to strengthening of environmental regulations pertaining to spray adhesivesÄX%$%X VOC levels, as well as, owing to their lack of a solvent or water carrier, hot melt spray adhesives have a very low volatile organic compound (VOC) concentration, making them more environmentally friendly.

Q7. In spray adhesives market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to robust governmental initiatives, robust development in the building sector from expanding nations like China, India, and Indonesia, and potential benefits from the automotive sector owing to growing socioeconomic issues and current projects.

Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the spray adhesives market by chemistry (polyurethane, epoxy, vinyl acetate-ethylene, synthetic rubber, and others), type (hot- melt, solvent, water, and others), application (building and construction, packaging, furniture, transportation, and textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Spray Adhesives Market, Spray Adhesives Market Size, Spray Adhesives Market Growth, Spray Adhesives Market Analysis, Spray Adhesives Market Report, Spray Adhesives Market Share, Spray Adhesives Market Trends, Spray Adhesives Market Forecast, Spray Adhesives Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary

2. Global Spray Adhesives Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Spray Adhesives Market Trends (2018-2023) and Forecast (2024-2030)

3.3: Global Spray Adhesives Market by Chemistry
3.3.1: Polyurethane
3.3.2: Epoxy
3.3.3: Vinyl Acetate-Ethylene
3.3.4: Synthetic Rubber
3.3.5: Others





3.4: Global Spray Adhesives Market by Type
3.4.1: Hot- Melt
3.4.2: Solvent
3.4.3: Water
3.4.4: Others






3.5: Global Spray Adhesives Market by Application
3.5.1: Building and Construction
3.5.2: Packaging
3.5.3: Furniture
3.5.4: Transportation
3.5.5: Textile
3.5.6: Others














4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Spray Adhesives Market by Region
4.2: North American Spray Adhesives Market

4.2.2: North American Spray Adhesives Market by Application: Building and Construction, Packaging, Furniture, Transportation, Textile, and Others


4.3: European Spray Adhesives Market
4.3.1: European Spray Adhesives Market by Type: Hot-Melt, Solvent, Water, and Others

4.3.2: European Spray Adhesives Market by Application: Building and Construction, Packaging, Furniture, Transportation, Textile, and Others


4.4: APAC Spray Adhesives Market
4.4.1: APAC Spray Adhesives Market by Type: Hot-Melt, Solvent, Water, and Others

4.4.2: APAC Spray Adhesives Market by Application: Building and Construction, Packaging, Furniture, Transportation, Textile, and Others


4.5: ROW Spray Adhesives Market
4.5.1: ROW Spray Adhesives Market by Type: Hot-Melt, Solvent, Water, and Others

4.5.2: ROW Spray Adhesives Market by Application: Building and Construction, Packaging, Furniture, Transportation, Textile, and Others


5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Spray Adhesives Market by Chemistry
6.1.2: Growth Opportunities for the Global Spray Adhesives Market by Type
6.1.3: Growth Opportunities for the Global Spray Adhesives Market by Application

6.1.4: Growth Opportunities for the Global Spray Adhesives Market by Region

6.2: Emerging Trends in the Global Spray Adhesives Market

6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Spray Adhesives Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Spray Adhesives Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: AFT Aerosols
7.2: Gemini Adhesives
7.3: 3M
7.4: Phillips Manufacturing
7.5: H.B.Fuller
7.6: Henkel
7.7: BASF
7.8: Eastman Chemical Company
7.9: Sika
7.10: AVERY DENNISON
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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