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Spray Adhesives Market

Global Spray Adhesives Market Size, Share, Revenue: By Product: Water Based, Solvent Based, Hot Melts, Others; By Application: Construction, Packaging, Furniture, Automotive and Transportation, Textile and Leather, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Spray Adhesives Market Outlook

The global spray adhesives market attained a value of about USD 7.26 billion in 2023. The market is further expected to grow at a CAGR of 5.50% during the forecast period of 2024-2032 to reach nearly USD 11.75 billion by 2032.

 

Global Spray Adhesives Market

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The Rising Demand for Spray Adhesives from the Automotive and Transportation Sector to Propel the Market Growth

The global market for spray adhesives is being driven by the robust demand for the product in the transportation sector, where it is used in commercial vehicles like aircrafts and trains, among others. Owing to their strong shear strengths, fast drying rates, and high adhesive versatility, spray adhesives are widely used for bonding foam, fabric, fibreglass, and leather, among other upholstery materials, in the interiors of the vehicles. This is a key factor augmenting the demand for the product in the automotive and transportation sector, thereby boosting the market growth.

In addition to this, advancements in automobile designs have further augmented the demand for spray adhesives as opposed to screws in the interiors. This can be attributed to the fact that adhesives are concealed and add to the aesthetics of the vehicle. Further, the inflating disposable incomes and the corresponding high demand for vehicles is a major factor contributing to the growth of the market. These factors are collectively stimulating the market growth of spray adhesives.

 

Spray Adhesives: Market Segmentation

Spray adhesives are glues applied onto a surface from a pressurised container as a mist. These adhesives have a small droplet size that makes them easy to use and quick to dry.

 

Global Spray Adhesives Market by Segment

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Based on product, the market can be divided into:

  • Water Based
  • Solvent Based
  • Hot Melts
  • Others

On the basis of application, the market can be segmented into:

  • Construction
  • Packaging
  • Furniture
  • Automotive and Transportation
  • Textile and Leather
  • Others

The EMR report looks into the regional markets of spray adhesives like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Spray Adhesives Market by Region

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Rising Demand from the Application Industries to Positively Influence the Growth of the Market

The growth in the global market for spray adhesives can be associated with the uninterrupted demand for spray adhesives from various application industries, such as packaging, construction, and automotive, for different applications. Spray adhesives are being rapidly replaced for tape glue, hot glue, and liquid glue, among others, for its favourable properties like resistivity to moisture and heat, quick and robust bond, and ability to dry quickly. Furthermore, spray adhesives from the food and beverage industry for healthy packaging of food items is another factor aiding the growth of the market.

In addition to this, spray adhesives are widely used as a choice of material in the construction sector to glue drywalls, plasters, fibreglass, and ceilings, and hence pushing the growth of the market. Apart from this, green advancements in volatile organic compounds (VOC) that are safe for the environment and human use is another factor expected to positively impact the market.

 

Key Industry Players in the Global Spray Adhesives Market

The report presents a detailed analysis of the following key players in the global spray adhesives market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • The 3M Company
  • H.B. Fuller Company
  • Henkel AG
  • BASF SE
  • Bostik S.A.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Water Based
  • Solvent Based
  • Hot Melts
  • Others
Breakup by Application
  • Construction
  • Packaging
  • Furniture
  • Automotive and Transportation
  • Textile and Leather
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The 3M Company
  • H.B. Fuller Company
  • Henkel AG
  • BASF SE
  • Bostik S.A.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Spray Adhesives Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Spray Adhesives Historical Market (2018-2023) 
    8.3    Global Spray Adhesives Market Forecast (2024-2032)
    8.4    Global Spray Adhesives Market by Product
        8.4.1    Water Based
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Solvent Based
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Hot Melts
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Spray Adhesives Market by Application
        8.5.1    Construction
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Packaging
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Furniture
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Automotive and Transportation
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Textile and Leather
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Spray Adhesives Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Spray Adhesives Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Spray Adhesives Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Spray Adhesives Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Spray Adhesives Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Spray Adhesives Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    The 3M Company
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    H.B. Fuller Company
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Henkel AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    BASF SE
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Bostik S.A.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Spray Adhesives Market: Key Industry Highlights, 2018 and 2032
2.    Global Spray Adhesives Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Spray Adhesives Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Spray Adhesives Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Spray Adhesives Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Spray Adhesives Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Spray Adhesives Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Spray Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Spray Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Spray Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Spray Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Spray Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Spray Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Spray Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Spray Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Spray Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Spray Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Spray Adhesives Market Structure

Key Questions Answered in the Report

The global spray adhesives market attained a value of nearly USD 7.26 billion in 2023.

The market is projected to grow at a CAGR of 5.50% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 11.75 billion by 2032.

The market is being driven by the robust use of spray adhesives in the automotive and transportation sector as an aesthetic bonding material for the interiors of a vehicle.

The ongoing development in the industry is expected to boost the market growth over the forecast period.

The major regional markets for spray adhesives are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The major products of spray adhesives are water based, solvent based, and hot melts, among others.

The different applications of spray adhesives are construction, packaging, furniture, automotive and transportation, and textile and leather, among others.

The major players in the industry are The 3M Company, H.B. Fuller Company, Henkel AG, BASF SE, and Bostik S.A., among others.

Analyst Review

The global spray adhesives market attained a value of about USD 7.26 billion in 2023, driven by growing applications in the automotive sector. Aided by the favourable properties of spray adhesives, the market is expected to grow at a CAGR of 5.50% in the forecast period of 2024-2032 to reach nearly USD 11.75 billion by 2032.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on product, the market can be divided into water based, solvent based, and hot melts, among others. On the basis of application, the market can be categorised into construction, packaging, furniture, automotive and transportation, and textile and leather, among others. The major regional markets for spray adhesives are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are The 3M Company, H.B. Fuller Company, Henkel AG, BASF SE, and Bostik S.A., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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