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Global Spray Adhesive Markets to 2023 - Increasing Demand from the Automotive Sector; Water-based Spray Adhesives to Witness Fast Growth - ResearchAndMarkets.com

September 27, 2018

DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Global Spray Adhesive Market Share - Segmented by Type, Resin Type, End-User Industry and Geography - Growth, Trends, and Forecasts (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.

The spray adhesive market is estimated to witness a moderate growth during the forecast period 2018-2023.

North America is expected to be the largest market for spray adhesives during the forecast period, whereas Asia-Pacific is expected to have the fastest growth owing to rising demand from end-user industries.

Increasing Demand from the Automotive Sector to Drive the Market

Spray adhesives are required for a variety of applications in the automotive sector. These adhesives are majorly used in the interior trim application of vehicles and aircraft. Spray adhesives help in bonding foam, fabric, fiberglass, leather and other materials to the body of the vehicle. With the rapid increase in demand for automotive vehicles, the total production levels have increased. This in turn is driving the market for spray adhesive to a great extent.

Water-based Spray Adhesives to Witness Fast Growth

Water based spray adhesives are expected to have the largest share along with it having the fastest growth during the forecast period. Water based adhesives are majorly used on wood, leather paper, textiles, and other permeable substrates owing to their bonding characteristics. They are mostly suitable for high-speed general product assembly applications. Additionally, water based spray adhesives have a lower VOC content in comparison to solvent borne adhesives. Hence, with the increasing environmental concerns, the demand for water based spray adhesives is expected to increase during the forecast period.

Major Market Players

Avery Dennison Corporation BASF SE H.B. Fuller Henkel AG & Company KGaA Sika AG

Key Topics Covered

1. Introduction

2. Executive Summary

3. Spray Adhesive Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Spray Adhesive Market Competitive Landscape

8. Spray Adhesive Market Company Profiles

AFT Aerosols Ashland Avery Dennison Corporation BASF SE Blu-Sky UK Ltd. Bostik SA Casa Adhesive Inc. Chemique Adhesives & Sealants Ltd. Gemini Adhesives Ltd. H.B. Fuller Henkel AG & Company KGaA Hisco Inc. Illinois Tool Works Kissel + Wolf GmbH Philips Manufacturing Co. Powerbond Quin Global Sika AG Spray-Lock Inc. The 3M Company The Kroger Co. Westech Aerosol Corporation Worthen Industries

For more information about this report visit https://www.researchandmarkets.com/research/dln9pl/global_spray?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005713/en/

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Related Topics:Adhesives and Sealants

KEYWORD: NORTH AMERICA

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS AUTOMOTIVE AFTERMARKET

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/27/2018 12:28 PM/DISC: 09/27/2018 12:28 PM

http://www.businesswire.com/news/home/20180927005713/en

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