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IMARC Group’s report titled “Spray Adhesives Market Report by Type (Solvent-based, Water-based, Hot Melt), Resin Type (Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene), End Use Industry (Building and Construction, Packaging, Furniture, Transportation, Textile, and Others), and Region 2024-2032”, The global spray adhesives market size reached US$ 3.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Factors Affecting the Growth of the Spray Adhesives Industry:

• The Rise of DIY and Crafting Enthusiasts

In 2024, more people are getting into DIY projects and crafting, which is increasing the demand for spray adhesives. These adhesives are popular because they are easy to use, mess-free, and work for many activities, like home decor, scrapbooking, model making, and woodworking. As more people explore their creative side, the need for quality spray adhesives is growing.

• The Focus on Sustainability and Environmental Friendliness:

Sustainability is a big concern in 2024, and people want eco-friendly products. Spray adhesives with low environmental impact are in demand. Manufacturers are creating products with fewer harmful chemicals and biodegradable ingredients to meet this demand, making them safer for the environment.

• The Integration of Technology:

Technology is changing the spray adhesive market. New, smart spray cans and nozzle designs are improving how these adhesives are applied. These innovations make it easier to use, reduce waste, and provide more precise application, helping to increase the popularity of spray adhesives.

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Leading Companies Operating in the Global Spray Adhesives Industry:

• 3M Company
• AFT Industries
• Ashland, BASF SE
• Bostik SA (Arkema S.A.)
• Gemini Adhesives Ltd.
• H.B. Fuller Company
• Henkel AG & Co. KGaA
• Phillips MFG
• Sika AG
• Spray-Lock Inc
• The Kroger Co.

Spray Adhesives Market Report Segmentation:

Breakup by Type:

• Solvent-based
• Water-based
• Hot Melt

Breakup by Resin Type:

• Epoxy
• Polyurethane
• Synthetic Rubber
• Vinyl Acetate Ethylene

Breakup by End Use Industry:

• Building and Construction
• Packaging
• Furniture
• Transportation
• Textile
• Others

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Spray Adhesives Market Trends:

The spray adhesives market is growing fast in 2024. This growth is fueled by the rise in DIY and crafting, the need for eco-friendly products, and advances in technology. As consumers and businesses look for more efficient and environmentally friendly adhesive options, the demand for spray adhesives will continue to grow. Companies are focused on creating new products, like low-VOC adhesives and smarter dispensing designs, to meet these needs.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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