What are new trends in application areas of spray adhesives?

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%. Spray adhesives are used in transportation (automotive, aerospace, and marine), construction (flooring, roofing, and insulation), furniture, and other industries. Other industries include packaging, textiles, and leather.

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Solvent-based segment is projected to be the largest type of spray adhesives from 2017 to 2022.

The solvent-based spray adhesive segment accounts for the largest share of the overall spray adhesives market. The performance of solvent-based adhesive is mainly determined by the base polymer of the adhesive. The adhesive is mixed with a solvent to decrease their viscosity, thus, making it easier to apply with spray. Most of the solvent-based spray adhesives are based on synthetic rubbers.

Furniture industry is projected to be the fastest-growing consumer of spray adhesives during the forecast period.

Furniture or wood working is one of the major end-use industries of spray adhesives. Almost two-thirds of wood products today are totally or partially bonded together using a variety of adhesives. This is because adhesive bonding offers several advantages over other joining methods for wood components. Companies are investing in R&D to synthesize environmentally-friendly and skin-friendly wood adhesives.

Among the various end-use industries of spray adhesives, the transportation segment is estimated to remain the largest consumer during the forecast period. Spray adhesives are used to bond leather, foam, fabric, fiberglass, and other materials such as plastic and rubber to the metal body of vehicle, aircraft, or ship. These adhesives are used in the interior trim application of vehicles and aircraft.

The increasing demand for vehicles from emerging countries such as China, India, and Brazil is projected to fuel the demand for spray adhesives during the forecast period. Increasing popularity of electric cars and rising disposable incomes of the middle-class population in many countries are expected to boost the demand for vehicles.

Report Scope

By Type:

• Solvent-based
• Water-based
• Hot Melt

By Chemistry:

• Epoxy
• Polyurethane
• Synthetic Rubber
• Vinyl Acetate-Ethylene

By End-use industry:

• Transportation
• Construction
• Furniture
• Others

By Geography

• Asia-Pacific
• Europe
• North America
• Middle East & Africa
• South America

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Key players in the market include Bostik SA (US), H.B. Fuller (US), Henkel (Germany), Illinois Tool Works (US), Kissel+Wolf GmbH (Germany), Quin Global (US), Sika AG (Switzerland), and 3M (US).

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