Press release
Leading Growth Driver in the Spray Adhesives Market in 2025: Rising Packaging Industry Fuels Growth In Spray Adhesive Market Driver's Influence
What industry-specific factors are fueling the growth of the spray adhesives market?The expansion of the spray adhesive market is anticipated due to the rise of burgeoning packaging industries. This sectors encompass the creation, production, and supply of materials and containers utilized to secure and promote products. The expansion of this sector is fueled by the increasing consumer need for packaged goods, advancements in packaging technology, and the emergence of e-commerce. Spray adhesives play a vital role in helping packaging firms enhance their operations, improve product quality, and effectively adjust to market requirements, contributing to growth and innovation within the industry. For example, data from the Flexible Packaging Association in August 2023, a US-based organization representing financial planners, highlighted a 15.3% rise from $37.2 billion in 2021 to $42.9 billion in annual sales in 2022 for the total U.S. flexible packaging industry. The value-added segment contributed $34.3 billion to the industry's total value. Consequently, the progression of the packaging industries is bolstering the expansion of the spray adhesive market.
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What Is the projected market size and growth rate for the spray adhesives market?
In recent years, the market size of spray adhesives has seen robust growth. It is projected to expand from $3.42 billion in 2024 to $3.61 billion in 2025, with a 5.7% compound annual growth rate (CAGR). The impressive growth during the historic period can be attributed to several factors, including the expansion of the construction industry, rising interest in DIY home enhancement projects, growth in the furniture and upholstery sector, an increase in the number of manufacturing facilities, and a heightened awareness of the advantages of spray adhesives.
The size of the spray adhesives market is anticipated to experience substantial growth in the coming years. By 2029, the market is projected to expand to $4.46 billion, with a compound annual growth rate (CAGR) of 5.4%. This growth during the predicted period can be credited to numerous factors such as increased urbanization, higher demand in the electronics sector, greater use of smart packaging solutions, and augmented production of disposable items. Other factors contributing to the growth are the construction of eco-friendly buildings and the rising need for non-toxic adhesives. The forecast period is also likely to witness major trends like technological progress, smart packaging solutions, digital printing, environment-friendly packaging, and the implementation of wearable technology.
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What new trends are reshaping the spray adhesives market and its opportunities?
Leading businesses in the spray adhesive market are turning their efforts towards the creation of novel products like eco-friendly adhesive sprays in order to achieve competitive dominance. Eco-friendly adhesive sprays, comprised of non-harmful, biodegradable, and renewable constituents, are crafted to lessen the environmental harm while still providing potent adhesion for a variety of materials. As an example, Floorwise, a UK-based company offering flooring solutions, introduced the F597 Heavy Duty Spray Adhesive in May 2022, a safer and more environmentally conscious alternative to conventional spray adhesives. The F597 blend eliminates the use of dichloromethane, a solvent recognized for its cancer-causing properties and associated health dangers, necessitating only a flammability warning sign. This modification considerably lessens health risks to users, particularly in places with poor ventilation where dichloromethane could potentially cause suffocation hazards.
What major market segments define the scope and growth of the spray adhesives market?
The spray adhesivesmarket covered in this report is segmented -
1) By Product Type: Solvent-Based, Water-Based, Hot Melt, Other Product Types
2) By Resin Type: Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene
3) By Application: Automotive And Transportation, Building And Construction, Paper And Packaging, Woodworking And Joinery, Other Applications
Subsegments:
1) Solvent-Based: Acrylic Adhesives, Rubber Adhesives, Polyurethane Adhesives
2) Water-Based: PVA Adhesives, EVA Adhesives, Starch-Based Adhesives
3) Hot Melt: Ethylene-Vinyl Acetate (EVA) Adhesives, Polyamide Adhesives, Polyolefin Adhesives
4) Other Product Types: Pressure-Sensitive Adhesives, Epoxy Adhesives
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Which geographical regions are pioneering growth in the spray adhesives market?
North America was the largest region in the spray adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spray adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the spray adhesives industry growth?
Major companies operating in the spray adhesives market are 3M Company, Henkel AG And Co. KGaA, Sika AG, Eastman Chemical Company, Avery Dennison Corporation, Huntsman Corporation, RPM International Inc., H.B. Fuller Company, Ashland Inc., Bostik SA, Pidilite Industries Limited, Intertape Polymer Group, Gorilla Glue, Phillips Manufacturing Co., Quin Global, ITW Performance Polymers, Gemini Adhesives Ltd., Spray-Lock Inc., Uniseal Inc., Westech Aerosol Corporation
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What Is Covered In The Spray Adhesives Global Market Report?
•Market Size Forecast: Examine the spray adhesives market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the spray adhesives market for a structured understanding.
•Key Players Overview: Analyze major players in the spray adhesives market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the spray adhesives market.
•Segment Contributions: Evaluate how different segments drive overall growth in the spray adhesives market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the spray adhesives market.
•Industry Challenges: Identify potential risks and obstacles affecting the spray adhesives market.
•Competitive Landscape: Review strategic developments in the spray adhesives market, including expansions, agreements, and new product launches.
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