Spray Adhesives Market worth 3.41 Billion USD by 2022 - PowerPoint PPT Presentation

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Spray Adhesives Market worth 3.41 Billion USD by 2022

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The spray adhesives market size is projected to reach USD 3.41 Billion by 2022 from the estimated USD 2.72 Billion in 2017, at a CAGR of 4.6%. – PowerPoint PPT presentation

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Date added: 30 September 2019
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Title: Spray Adhesives Market worth 3.41 Billion USD by 2022


1
Spray Adhesives Market worth 3.41 Billion USD
by 2022
Browse 160 market data Tables 37 Figures 154
Pages and in-depth TOC on " Spray Adhesives
Market "
2
The overall spray adhesives market is expected to
grow from USD 2.61 billion in 2016 to USD 3.41
billion by 2022, at a CAGR of 4.6 from 2017 to
2022. Spray adhesives, also known as sprayable
adhesives, are adherents provided in the aerosol
form. These adhesives provide good adhesion with
fast and aggressive tack. Spraying increases the
speed of application with minimum wastage due to
controlled spray mechanism. 
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4
Growing furniture industry to drive the spray
adhesives market
The spray adhesives market in the furniture
industry is estimated to witness the fastest
growth during the forecast period. The growth of
the furniture industry is attributed to the
growing construction industry and improving
standards of living. New constructions will
increase the demand for housing and/or office
furniture. This is expected to be observed mainly
in developing economies such as China, India,
Brazil, and South Africa.   
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Spray adhesives are used in transportation,
construction, and furniture industries. In the
transportation industry, they are used in the
interior development and upholstery applications
in vehicles, aircraft, and ships. In the
construction industry, spray adhesives are
majorly used in flooring and roofing
applications. Spray adhesives are also used in
packaging, textile, and arts crafts. The spray
adhesives market is categorized on the basis of
their chemical composition as epoxy,
polyurethane, synthetic rubber, and vinyl
acetate-ethylene. Among these, synthetic rubber
spray adhesives are most widely used, while the
demand for polyurethane and vinyl
acetate-ethylene is increasing. On the basis of
type, the spray adhesives market has been
segmented into the solvent-based, water-based,
and hot melt. The hot melt spray adhesives
segment is estimated to be the fastest-growing
type of the spray adhesives market during the
forecast period. This high growth is attributed
to the tightening environmental norms regarding
VOC content of spray adhesives. Hot melt spray
adhesives do not use water or solvent as a
carrier and, hence, their VOC content is very
less, making them more eco-friendly.
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6
The major players in the Spray Adhesives Market
are,
  • Bostik SA (US)
  • H.B. Fuller (US)
  • Henkel (Germany)
  • KisselWolf GmbH (Germany)
  • Quin Global (US)
  • SIKA AG (Switzerland)
  • 3M (US)

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