United States Spray Adhesive Market Introduction and Overview
According to SPER Market Research, the United States Spray Adhesive Market is estimated to reach USD 426.73 million by 2033 with a CAGR of 3.65%.
The report includes an in-depth analysis of the United States Spray Adhesive Market, including market size and trends, product mix, Applications, and supplier analysis. Spray adhesives are versatile adhesives that are sprayed onto a surface using a pressurized container. They are constructed of epoxy, polyurethane, synthetic rubber, and vinyl acetate-ethylene and take little time to cure and form bonds. Spray adhesives are a form of glue that is stored in aerosol cans and is commonly utilized in industrial applications. They are ideal alternatives to traditional glues and tapes since they are easy to use and cure considerably faster than regular glue. Spray adhesives, as opposed to typical tape, hot, and white glue, offer better heat and moisture resistance, as well as a larger coverage with less waste, allowing for a more regulated spray mechanism.
- In February 2021, Henkel Corporation, a prominent manufacturer of adhesive technology, and FREEDM Systems Engineering Research Centre announced an intriguing new collaboration. This collaboration aims to explore thoroughly into the topic of materials technology and its significant impact on power electronics applications. By doing thorough study and analysis, the two groups hope to uncover breakthrough solutions that will alter the sector.
Market Opportunities and Challenges
Opportunities: Spray adhesives play an essential and indispensable role in the ever-changing automotive sector due to their unique and remarkable qualities. These adhesives, known for their high bonding strength, rapid drying times, and ease of application, have emerged as the preferred choice for a wide range of automotive manufacturing procedures. Spray adhesives have shown to be the most effective way to connect lightweight materials, attach upholstery, and assemble complex components. As the automobile sector pushes the envelope and embraces new technologies, the demand for economical and high-performance adhesives develops. Spray adhesives, with their exceptional ability to connect a wide range of materials and resist severe temperatures, are suitable for addressing these evolving requirements. They have become a crucial component of automobile production, providing lifespan, dependability, and efficiency.
Challenges: The environmental issues surrounding the usage of some spray adhesives, especially solvent-based adhesives that release volatile organic compounds (VOCs), are one of the main obstacles. Governments have responded by enacting strict laws aimed at limiting the emissions of volatile organic compounds. The market is faced with hurdles from both the development of eco-friendly alternatives and compliance with these requirements. Moreover, price swings for raw materials, especially for adhesive components derived from petrochemicals, may serve as a constraint. The pricing and profitability of spray adhesives may be impacted by price volatility, which has an effect on the total cost of manufacturing. To continue growing in spite of these limitations, market players must control these cost swings and keep prices competitive.
Market Competitive Landscape
The market analysis also contains a section dedicated exclusively to such big firms, in which our specialists provide insights into all of the major players' financial statements, as well as product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analyses for the aforementioned global competitors. The market's top companies include Henkel Corporation, The 3M Company, HB Fuller Adhesives LLC, Avery Dennison Corporation, BASF Corporation and others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Chemistry, By End User
|
Regions covered | West United States, East United States, North United States, South United States
|
Companies Covered | Henkel Corporation, The 3M Company, HB Fuller Adhesives LLC, Avery Dennison Corporation, BASF Corporation. |
COVID-19 Impact on United States Spray Adhesive Market
The demand for spray adhesives that are friendly to consumers surged as a result of the pandemic's impact on do-it-yourself and home renovation projects. The availability of raw materials was influenced by supply chain disruptions, which had an effect on spray adhesive manufacturing and distribution. The need for adhesives used in the manufacturing of hygiene goods and safe packaging has increased in industries including healthcare and packaging. The move to remote work and a decline in commercial activity affected the market for some industrial adhesives but increased demand for consumer goods.
Key Target Audience:
- Aquaculture Farmers
- Aquaculture Feed Distributors
- Aquaculture Researchers and Scientists
- Feed Manufacturers
- Government and Regulatory Bodies
- Investors and Financial Institutions
- Pet Food Manufacturers
- Research and Development Institutions
- Retailers and Wholesalers
- Veterinarians and Nutritionists
Our in-depth analysis of the United States Spray Adhesive Market includes the following segments:
By Chemistry:
|
Epoxy
Polyurethane
Synthetic Rubber
Vinyl Acetate Ethylene
Others
|
By End User:
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Transportation
Construction
Furniture
Packaging
Textile
Other
|
Key Topics Covered in the Report:
- United States Spray Adhesive Market Size (FY’2024-FY’2033)
- Overview of United States Spray Adhesive Market
- Segmentation of United States Spray Adhesive Market By Chemistry (Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene, Others)
- Segmentation of United States Spray Adhesive Market By End User (Transportation, Construction, Furniture, Packaging, Textile)
- Statistical Snap of United States Spray Adhesive Market
- Expansion Analysis of United States Spray Adhesive Market
- Problems and Obstacles in United States Spray Adhesive Market
- Competitive Landscape in the United States Spray Adhesive Market
- Impact of COVID-19 and Demonetization on United States Spray Adhesive Market
- Details on Current Investment in United States Spray Adhesive Market
- Competitive Analysis of United States Spray Adhesive Market
- Prominent Players in the United States Spray Adhesive Market
- SWOT Analysis of United States Spray Adhesive Market
- United States Spray Adhesive Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Spray Adhesive Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Spray Adhesive Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Spray Adhesive Market
7. United States Spray Adhesive Market, By Chemistry (USD Million) 2020-2033
7.1. United States Spray Adhesive Market Size, Share and Forecast, By Chemistry, 2020-2026
7.2. United States Spray Adhesive Market Size, Share and Forecast, By Chemistry, 2027-2033
7.3. Epoxy
7.4. Polyurethane
7.5. Synthetic Rubber
7.6. Vinyl Acetate Ethylene
7.7. Others
8. United States Spray Adhesive Market, By End User (USD Million) 2020-2033
8.1. United States Spray Adhesive Market Size, Share and Forecast, By End User, 2020-2026
8.2. United States Spray Adhesive Market Size, Share and Forecast, By End User, 2027-2033
8.3. Transportation
8.4. Construction
8.5. Furniture
8.6. Packaging
8.7. Textile
8.8. Other
9. United States Spray Adhesive Market Forecast, 2020-2033 (USD Million)
9.1. United States Spray Adhesive Market Size and Market Share
10. United States Spray Adhesive Market, By Region, 2020-2033 (USD Million)
10.1. United States Spray Adhesive Market Size and Market Share By Region (2020-2026)
10.2. United States Spray Adhesive Market Size and Market Share By Region (2027-2033)
10.3. West United States
10.4. East United States
10.5. North United States
10.6. South United States
11. Company Profile
11.1. Henkel Corporation
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. The 3M Company
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. HB Fuller Adhesives LLC
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Avery Dennison Corporation
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. BASF Corporation
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Others
12. Conclusion
13. List of Abbreviation
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.