The global Spray adhesives Market is predicted to grow at a CAGR of 5.2% from 2024 to 2029 and the market size is expected to be valued at USD 4.5 billion by 2029 from USD 3.49 billion in 2024.
This is due to the properties of spray adhesives such as quick application, a blunt track for strong adhesion, and resistance to heat and moisture. Aerosol adhesives contain volatile organic compounds (VOCs), which are irradiated in a variety of applications. Spray adhesives are used as part of the manufacturing process in the automotive and furniture industries. In the automotive industry, they are used for upholstery and interior applications in vehicles, ships, and airplanes. In construction, these adhesives are primarily used in surface applications and flooring materials. Spray stickers are also used as part of groupings and works of art and expressions.
Instructions from national and neighboring legislatures in various regions, for example in North America and Europe, have set VOC emission levels. For example, in the United States, the EPA has certain containment points for the release of VOCs in adhesives in the states of California, Illinois, and Virginia. Therefore, the European Commission and countries like Germany and France also have their own private directorates which control the release of VOCs from adhesives.
The increased requirements for hygienic food packaging are expected to enrich the growth of the aerosol adhesives market in the coming years. In addition, the lucrative use of spray adhesives to bond laminates, decorative pillows, fabrics, and foams to furniture will embellish the growth of the industry for years to come. Apparently, a noticeable increase in construction activity and an improvement in people's living standards have shaped the demand for the product in recent years, thus boosting business trends. In addition, the massive use of hot-melt aerosols in packaging activities will create new avenues of growth for the market in the years to come. However, fluctuations in raw material costs and health problems caused by the volatile organic compound emissions from the product can delay the usefulness of the spray adhesive. This, in turn, will lead to a decrease in tax returns for the market over the next two years. However, demand for the product in countries like India is expected to accelerate due to initiatives such as Make in India, paving the way for increased domestic production of commercial vehicles and passenger vehicles in the country. Such initiatives will not only improve market revenues for the foreseeable future but will reverse the effect of bottlenecks on the business.
However, fluctuating raw material prices and health risks due to the emission of VOCs from the aerosol adhesives production process are major factors that are expected to hamper the growth of the global adhesives market to some extent. in an aerosol
The increased progress of the automotive industry in India is a huge driver which is expected to boost the popularity of the product in the years to come. Apart from the “Make in India” activity, the assembly performance of professional and private vehicles should increase subsequently. Therefore, this is being evaluated to lead to the use of high-tack fast-drying pastes for use in automotive interior segments for years to come. In addition, revolutionary achievements in the field of hot melt and low VOC blends are evaluated to provide lucrative growth opportunities in the market in the future.
Although used in various end-user industries, market growth may be constrained by commodity price volatility. Epoxy resin-based adhesives are commonly used in industry and their prices are very volatile because it is a derivative of petroleum. In addition to price volatility issues, high VOC emissions caused by solvent-based adhesives are also creating barriers to market growth.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
5.2% |
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Segments Covered |
By Technology, Application, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Market Leaders Profiled |
3M, Arkema Group, Casa Adhesive, Inc., Chemique Adhesives & Sealants Ltd, Gemini Adhesives Ltd, H.B. Fuller Company, Henkel AG & Co. KGaA, Illinois Tool Works, Powerbond, Quin Global, Spray-Lock Inc, Westech Aerosol Corporation, Worthen Industries. |
Water-based, solvent-based, and hot-melt products are the main product segments included in the research study. In terms of revenue, the water-based category accounted for a 43.4% share of the industry total in 2023. These products are formulated from natural and synthetic polymers. These products are formulated with water as the key diluent. They do not contain any VOC-emitting solvents, so they can be used as low-VOC adhesives for various industrial applications. Styrene-butadiene, polyvinyl acetate (PVAC), acrylic, and vinyl ethylene acetate (VAE) are a pair of synthetic polymers used to make these products. Water-based emulsion systems are suitable for general high-speed product assembly applications.
These products are expected to experience declining market share during the forecast period. Due to the significantly high VOC content present in these products, consumer preference is likely to shift towards the use of hot melt and water-based aerosol adhesives in the coming years.
These glues are formulated using solvents containing polyurethane, polychloroprene, acrylic, and synthetic and natural rubbers. Due to their high VOC content, these products are considered sources of smog formation and asthma irritants. Therefore, they are subject to strict regulations, especially in the United States, Germany, and other countries in Western Europe.
However, solvent-based aerosol glues are still used in the Asia-Pacific region. Low-cost availability and high drying rate compared to water-based glues are some of the factors supporting the use of the product. In addition, they exhibit good heat resistance, and due to the presence of a large amount of solvent, they exhibit less sensitivity to surface contaminants.
Construction, furniture, automotive and transportation, packaging, and textile and leather are the key application segments of the global aerosol adhesives market. In terms of revenue, this category accounted for 32.4% of the industry share in 2023. Moreover, it is likely to be one of the fastest-growing sectors for aerosol adhesives in the years to come. Spray adhesives adhere to a wide variety of building materials, substrates, drywall, fiberglass, and plaster. Pipe insulation, EPS foams, roofing membrane systems, and the installation of carpet tiles are some of the main uses of the product in the construction industry.
Henkel AG offers Loctite Power Grab Ultimate, based on its latest aerosol adhesive technology. These products are suitable for use in all weather conditions and can be glued to any substrate. Furniture had the second-highest demand in the industry in 2020. This segment is expected to drive demand for products at the fastest growth rate in the coming years. Polyurethane is generally the most preferred material for glues used in furniture applications. Spray adhesives are widely used in upholstery, cabinetry, and other woodworking products. Polyurethane products provide improved adhesion to a wide range of substrates, such as wood, plastic, and glass due to their elasticity and other structural properties. These attributes, along with continuous technological advancements, have expanded the use of polyurethane adhesives in furniture and upholstery projects. Flexible foams, upholstery, office panel liners, decorative veneers and cabinetry, mattress mounting, high-pressure laminate over plywood, and particle board are the major underuse of spray adhesives.
In addition, the relatively cheap labor cost, ease of availability of raw materials, and the use of new development strategies to meet the demand for aerosol adhesives due to their increasing applications are important factors in the growth of the regional market.
Countries in North America like the United States, Canada, and Mexico are among the major contributors to the growth of the regional aerosol adhesives market and are expected to experience significant regional market growth in the coming years. In Europe, countries like Russia, Spain, Germany, and the UK have emerged as major consumer markets due to the development of end-use industries and increased spending on R&D and innovation. Latin American countries like Colombia, Brazil, and Argentina are also expected to experience moderate growth with the participation of new business models. In addition, the Middle East and Africa are expected to experience steady growth during the forecast period. Increased investment in the residential and commercial construction sector in Turkey, Qatar, Saudi Arabia, and United Arab Emirates (UAE) is expected to positively influence the growth of the sector during the review period.
Key players of the global spray adhesives market 3M, Arkema Group, Casa Adhesive, Inc., Chemique Adhesives & Sealants Ltd, Gemini Adhesives Ltd, H.B. Fuller Company, Henkel AG & Co. KGaA, Illinois Tool Works, Powerbond, Quin Global, Spray-Lock Inc, Westech Aerosol Corporation, Worthen Industries and others.
H.B. Fuller Company and The 3M Company offer a wide range of spray adhesives that are approved and certified by GREENGUARD indoor air quality and LEED (Leadership in Energy and Environmental Design) programs. The company recently introduced a couple of spray glues under various brands including 3M Hi-Strength 90 CA, Super 77 CA, and 3M Foam Fast 74 CA.
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