Title: Spray Adhesives Market to reach USD 9 billion by 2025
1Global Spray Adhesives Market to hit USD 9
billion by 2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Spray Adhesives Market
- As per Global Market Insights, Inc. estimates,
the global spray adhesives market size is
anticipated to be worth over 9 billion by 2025.
Spray adhesives market size is gaining traction
owing to increased application in end-user
industries coupled with expansion of
infrastructure and construction activities
worldwide. Rapid expansion of construction
industry coupled with growing investment in
infrastructure development are expected to drive
spray adhesives market share over 2019-2025.
Moreover, growing application in end user
industries like automotive and transportation,
due to high heat resistance, will also boost
spray adhesives industry size. - Spray adhesives is a low viscosity glue that is
generally contained in an aerosol can and
dispensed in micro-droplet form. Several types of
spray adhesives are available to cater to
different requirements. degrees of adhesion of
spray adhesives vary, which is an important
factor to consider while choosing one for the
requirement.
3Continued...
- Spray glue sticks quickly and forms strong bonds
in less time. It offers little surface
penetration, which makes it ideal for forming
bonds with a variety of materials ranging from
paper, fabric, cardboard and foam to metal, wood,
plastic, etc. There are dozens of spray glue
variants that are designed for specific surfaces
some are rubber specific some are fabric
specific, some form permanent adhesion and others
a temporary tack. - Owing to properties like strong bond, excellent
heat and moisture resistance, spray adhesives
have witnessed increased application in end-user
industries like furniture, leather, textile,
packaging, construction (insulation, roofing,
flooring) and transportation (marine, automotive,
aerospace), which is estimated to bolster spray
adhesives market trends over 2019-2025. Spray
adhesives are extensively used in building and
construction activity, owing to various
advantages including more efficient usage of
material to save cost, weight, and volume,
improved performance by development of more rigid
joints to foster full strength of materials and
opportunity to pre-assemble building components
to save time and onsite labor cost.
4 Browse key industry insights spread across 257
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5Continued...
- As adhesive technology advances, new adhesives
continue to be developed at a faster pace. This
will lead to new opportunities for fabricating
improved composites in building and construction
industry. Compared to all other segments,
building construction accounts for a major
share in spray adhesives market and generated
revenue of over 1.8 billion in 2018. Expanding
building and construction industry owing to
growing investments and demand from emerging
economies is estimated to drive spray adhesives
market outlook during the forecast period. - Epoxy and polyurethane adhesives are the two
major types of resins used in production process
of spray adhesives and account for approximately
40 and 25 respectively in the global spray
adhesives industry share. Epoxies are designed
for high performance bonding. They are generally
quite hard, durable and sturdy adhesives that
bond to many substrates effectively and are
resistant to extreme environments. Epoxy
adhesive sprays can exhibit flexibility and
clarity as well as speed up process of adhesion.
6Continued...
- The United States is undergoing an era of repair
and replacement, which is influencing many
investments for future. The U.S. is spending much
more money to renovate its already existing
infrastructure systems instead of getting into
new construction activities. Since 2007, spending
on maintenance and operations jumped from 243.3
billion to 266.5 billion. In turn, maintenance
and operations now accounts for 60.5 of all U.S.
public infrastructure spending. - Moreover, millennials are rapidly becoming
homeowners and are spending more on renovations.
According to a survey, homeowners who renovated
in 2017, spent an average of 60,400, as compared
to 59,800, which was an average in 2015. Owing
to greater renovation spending in the U.S., spray
adhesives market is anticipated to gain
significant traction. North America is a major
contributor, accounting for a share of over 20
in the global spray adhesives market share.
7Table OF Content
Chapter 1. Methodology And Scope 1.1.
Methodology 1.2. Market definition 1.3. Market
estimation forecast parameters 1.4. Data
sources 1.4.1. Primary 1.4.2. Secondary 1.4.2.1.
Paid 1.4.2.2. Public Chapter 2. Executive
Summary 2.1. Spray Adhesives industry 360
synopsis, 2014 - 2025 2.1.1. Business
trends 2.1.2. Resin trends 2.1.3. Technology
trends 2.1.4. End-user trends 2.1.5. Regional
trends
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