According to a market report by Lucintel, the future of the global spray adhesives market looks promising with opportunities in the building and construction, packaging, furniture, transportation, and textile markets. The global spray adhesives market is expected to reach an estimated $4.2 billion by 2030 from $3.2 billion in 2024, at a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are significant growth in the construction industry across the globe, significant research and development (R&D) efforts to produce spray adhesives that are safe for the skin and the environment, as well as, growing need for sanitary food packaging solutions.
A more than 150-page report to understand trends, opportunity and forecast in spray adhesives market to 2030 by chemistry (polyurethane, epoxy, vinyl acetate-ethylene, synthetic rubber, and others), type (hot- melt, solvent, water, and others), application (building and construction, packaging, furniture, transportation, textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, hot-melt segment will remain the largest segment over the forecast period due to strengthening of environmental regulations pertaining to spray adhesives VOC levels, as well as, owing to their lack of a solvent or water copyright, hot melt spray adhesives have a very low volatile organic compound (VOC) concentration, making them more environmentally friendly.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to robust governmental initiatives, robust development in the building sector from expanding nations like China, India, and Indonesia, and potential benefits from the automotive sector owing to growing socioeconomic issues and current projects.
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AFT Aerosols, copyright Adhesives, 3M, Phillips Manufacturing, H.B.Fuller, Henkel, BASF, Eastman Chemical Company, Sika, AVERY DENNISON are the major suppliers in the spray adhesives market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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