Spray Adhesive Market Research Report- Forecast to 2027

Global Spray Adhesive Market Information- by Technology (Water, Solvent, Hot-Melt, and Others), by Chemistry (Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene, and Others), by Application (Paper & Packaging, Building & Construction, Automotive, Leather & Footwear, Wood Working, and Others) and by Region- Forecast till 2027

ID: MRFR/CnM/2929-HCR | February 2021 | Region: Global | 137 pages

Synopsis of Spray Adhesive Market:


Spray Adhesives are versatile adhesives that bond with a wide range of lightweight materials. It offers fast, aggressive tack for a quick bond that decreases the time taken by the adhesive to set. Spray adhesives provide resistance from heat and moisture forming a strong permanent bond which makes it suitable for wide application scope such as building & construction, automotive, paper & packaging, leather & footwear, and others. Other application includes foam, plastic, carpets, and assembly areas.

The Global Spray Adhesive Market is estimated to grow at a moderate CAGR over the forecast period. Increasing demand from the growing constructions sector is predicted to propel the demand for spray adhesive market. Moreover, rising investment in the building & construction sector as well as expansion of packaging industry in developing regions is estimated to fuel the growth of the market. Rising awareness regarding the harmful effect of volatile organic compound, is likely to reduce the usage of solvent based spray adhesive but has boosted the consumption of hot melt and water based products. Increasing use of Spray Adhesive in repairing hoardings and other interior accessories in automotive industry is expected to fuel the market demand over the forecast period. These are widely used in the manufacturing of various kind of furniture. Furthermore, expansion of woodworking industry in developing economies is predicted to propel the growth of the market during the assessment period.

Global Spray Adhesive Market Share by Application (2016), (%): Spray Adhesive Market


The increasing usage of Spray Adhesive in packaging material such as tapes, envelopes, and labels is further estimated to fuel market growth. The growth in consumption of spray adhesive owing to its excellent properties such as fast track, strong bond and excellent durability at higher temperature will fuel market expansion during the period 2017-2023.


Regional Analysis:


The Global Spray Adhesive Market is segmented into five regions namely - Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the fastest CAGR during the review period due to increasing demand from various applications such as building & construction, automotive, and paper & packaging among others. The demand for spray adhesive is predicted to surge in emerging economies such as India, China, and Vietnam owing to increasing automobile production and sales. Furthermore, relatively cheap labor cost, ease in availability of raw material, and employment of new development strategies to achieve the demand for Spray Adhesives owing to their growing applications are the important factors for the regional market growth.

Asia Pacific has emerged as the largest market for Spray Adhesive followed by North America and Europe. North America is predicted to witness a significant growth in spray adhesive market due to the recovery of industrial sector coupled with escalating investments to revitalize building & construction sector. North American countries such as the U.S, Canada, and Mexico are among the major contributors in the regional spray adhesive market growth and are predicted to see a significant regional growth of market in the upcoming years. While in Europe, countries such as Russia, Spain, Germany, and the U.K have emerged as prominent consumer markets due to developed end use industries and increasing expenditure on R&D and innovation. Latin American countries such as Colombia, Brazil and Argentina are also predicted to witness moderate growth with the involvement of new business models. Additionally, the Middle East & Africa is predicted to witness a steady growth over the forecast period. Rising investment in residential as well as commercial construction sector in Turkey, Qatar, Saudi Arabia and the United Arab Emirates (UAE) is estimated to positively influence industry growth during the review period.

Segmentation: The Global Spray Adhesive Market is fragmented on the basis of technology, chemistry, application, and region. On the basis of technology, spray adhesive market is segmented into water, solvent, hot- melt, and others. On the basis of chemistry, the market is segmented into epoxy, polyurethane, synthetic rubber, vinyl acetate ethylene, and others. On the basis of application, the market is segmented into paper & packaging, building & construction, automotive, leather & footwear, wood working, and others. On the basis of regions, Spray Adhesive Market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.


Key Players:


Some of the prominent players operating in the Global Spray Adhesive Market are Gemini Adhesives Ltd. (U.K), AFT Aerosols (U.K.), Phillips Manufacturing (U.S.), 3M (U.S.), Henkel AG & Co. KGaA (Germany), H.B.Fuller (U.S.), AVERY DENNISON CORPORATION. (U.S.), BASF SE (Germany), Bostik S.A. (France), ND Industries, Inc. (U.S.), UniSeal, Inc. (U.S.), Ashland, Inc. (U.S.), Beardow Adams (U.K), Sika AG (Switzerland), Eastman Chemical Company(U.S.).


Geographical Analysis:


The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.


Intended Audience



  • Spray Adhesive manufacturers

  • Traders and Distributors of spray adhesive

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Technology, Chemistry, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Gemini Adhesives Ltd. (U.K), AFT Aerosols (U.K.), Phillips Manufacturing (U.S.), 3M (U.S.), Henkel AG & Co. KGaA (Germany), H.B.Fuller (U.S.), AVERY DENNISON CORPORATION. (U.S.), BASF SE (Germany), Bostik S.A. (France), ND Industries, Inc. (U.S.), UniSeal, Inc. (U.S.), Ashland, Inc. (U.S.), Beardow Adams (U.K), Sika AG (Switzerland), Eastman Chemical Company(U.S.).
  Key Market Opportunities    Increasing demand from the growing constructions sector
  Key Market Drivers   Rising investment in the building & construction sector as well as expansion of packaging industry in developing regions


TABLE of CONTENTS:

1. Executive Summary

2. Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3. Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4. Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Spray Adhesive Market

5. Industry Overview of Global Spray Adhesive Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

5.5 Impact analysis

6. Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Spray Adhesive Market by Technology

7.1 Introduction

7.2 Water

7.3 Solvent

7.4 Hot-Melt

7.5 Others

8. Global Spray Adhesive Market by Chemistry

8.1 Introduction

8.2 Epoxy

8.3 Polyurethane

8.4 Synthetic Rubber

8.5 Vinyl Acetate Ethylene

8.6 Others

9. Global Spray Adhesive Market by Application

9.1 Introduction

9.2 Paper & Packaging

9.3 Building & Construction

9.4 Automotive

9.5 Leather & Footwear

9.6 Wood Working

9.7 Others

10. Global Spray Adhesive Market by Region

10.1 Introduction

10.2 North America

10.2.1 US

10.2.2 Canada

10.3 Europe

10.3.1 Germany

10.3.2. France

10.3.3 Italy

10.3.4 Spain

10.3.5 UK

10.4 Asia Pacific

10.4.1 China

10.4.2 India

10.4.3 Japan

10.4.4 Australia

10.4.5 New Zealand

10.4.6 Rest of Asia Pacific

10.5 Middle East & Africa

10.5.1 Turkey

10.5.2 Israel

10.5.3 North Africa

10.5.4 GCC

10.5.5 Rest of Middle East & Africa

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company Landscape

12. Company Profiles

12.1 Gemini Adhesives Ltd.

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 AFT Aerosols

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Phillips Manufacturing

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 3M

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Henkel AG & Co. KGaA

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 H.B.Fuller

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 AVERY DENNISON CORPORATION.

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 BASF SE

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Bostik S.A.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 ND Industries, Inc.

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 UniSeal, Inc.

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.12 Ashland, Inc.

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.13 Beardow Adams

12.13.1 Company Overview

12.13.2 Product/Business Segment Overview

12.13.3 Financial Updates

12.13.4 Key Developments

12.14 Sika AG

12.14.1 Company Overview

12.14.2 Product/Business Segment Overview

12.14.3 Financial Updates

12.14.4 Key Developments

12.15 Eastman Chemical Company

12.15.1 Company Overview

12.15.2 Product/Business Segment Overview

12.15.3 Financial Updates

12.15.4 Key Developments

13 Conclusion

LIST OF TABLES:

Table 1 World Population by Major Regions (2020-2027)

Table 2 Global Spray Adhesive Market: By Region, 2020-2027

Table 3 North America Spray Adhesive Market: By Country, 2020-2027

Table 4 Europe Spray Adhesive Market: By Country, 2020-2027

Table 5 Asia Pacific Spray Adhesive Market: By Country, 2020-2027

Table 6 Middle East & Africa Spray Adhesive Market: By Country, 2020-2027

Table 7 Latin America Spray Adhesive Market: By Country, 2020-2027

Table 8 Global Spray Adhesive by Technology Market: By Regions, 2020-2027

Table 9 North America Spray Adhesive by Technology Market: By Country, 2020-2027

Table 10 Europe Spray Adhesive by Technology Market: By Country, 2020-2027

Table 11 Asia-Pacific Spray Adhesive by Technology Market: By Country, 2020-2027

Table 12 Middle East & Africa Spray Adhesive by Technology Market: By Country, 2020-2027

Table 13 Latin America Spray Adhesive by Technology Market: By Country, 2020-2027

Table 14 Global Spray Adhesive by Application Market: By Regions, 2020-2027

Table 15 North America Spray Adhesive by Application Market: By Country, 2020-2027

Table 16 Europe Spray Adhesive by Application Market: By Country, 2020-2027

Table 17 Asia-Pacific Spray Adhesive by Application Market: By Country, 2020-2027

Table 18 Middle East & Africa Spray Adhesive by Application Market: By Country, 2020-2027

Table 19 Latin America Spray Adhesive by Application Market: By Country, 2020-2027

Table 20 North America Spray Adhesive for Chemistry Market: By Country, 2020-2027

Table 21 Europe Spray Adhesive for Chemistry Market: By Country, 2020-2027

Table 22 Asia-Pacific Spray Adhesive for Chemistry Market: By Country, 2020-2027

Table 23 Middle East & Africa Spray Adhesive for Chemistry Market: By Country, 2020-2027

Table 24 Latin America Spray Adhesive for Chemistry Market: By Country, 2020-2027

Table 25 Global Technology Market: By Region, 2020-2027

Table 26 Global Application Market: By Region, 2020-2027

Table 27 Global Chemistry Market: By Region, 2020-2027

Table 28 North America Spray Adhesive Market, By Country

Table 29 North America Spray Adhesive Market, By Technology

Table 30 North America Spray Adhesive Market, By Application

Table 31 North America Spray Adhesive Market, By Chemistry

Table 32 Europe: Spray Adhesive Market, By Country

Table 33 Europe: Spray Adhesive Market, By Technology

Table 34 Europe: Spray Adhesive Market, By Application

Table 35 Europe: Spray Adhesive Market, By Chemistry

Table 36 Asia-Pacific: Spray Adhesive Market, By Country

Table 37 Asia-Pacific: Spray Adhesive Market, By Technology

Table 38 Asia-Pacific: Spray Adhesive Market, By Application

Table 39 Asia-Pacific: Spray Adhesive Market, By Chemistry

Table 40 Middle East & Africa: Spray Adhesive Market, By Country

Table 41 Middle East & Africa Spray Adhesive Market, By Technology

Table 42 Middle East & Africa Spray Adhesive Market, By Application

Table 43 Middle East & Africa: Spray Adhesive Market, By Chemistry

Table 44 Latin America: Spray Adhesive Market, By Country

Table 45 Latin America Spray Adhesive Market, By Technology

Table 46 Latin America Spray Adhesive Market, By Application

Table 47 Latin America: Spray Adhesive Market, By Chemistry

LIST OF FIGURES:

FIGURE 1 Global Spray Adhesive Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Spray Adhesive Market

FIGURE 4 Value Chain of Global Spray Adhesive Market

FIGURE 5 Share of Global Spray Adhesive Market in 2020, by country (in %)

FIGURE 6 Global Spray Adhesive Market, 2020-2027,

FIGURE 7 Sub-segments of Chemistry

FIGURE 8 Global Spray Adhesive Market size by Chemistry, 2020

FIGURE 9 Share of Global Spray Adhesive Market by Chemistry 2020-2027

FIGURE 10 Global Spray Adhesive Market size by Application, 2020

FIGURE 11 Share of Global Spray Adhesive Market by Application, 2020-2027

FIGURE 12 Global Spray Adhesive Market size by Technology, 2020

FIGURE 13 Share of Global Spray Adhesive Market by Technology, 2020-2027