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Spray Adhesives Market Size To Reach $10.14Bn By 2030

Spray Adhesives Market Size To Reach $10.14 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Spray Adhesives Market Growth & Trends

The global spray adhesives market size is expected to reach USD 10.14 billion by 2030, registering a CAGR of 5.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Asia Pacific is estimated to depict a high industry growth during the forecast period. China and India are the major countries that are likely to create a positive impact on spray adhesives demand by 2025.

Hot melts is one of the major product segments of the industry. These products are consumed in numerous applications owing to their superior performance attributes. They have good adhesion properties and can be bonded on a wide number of substrates that include rubbers, metals, glass, ceramics, plastics, and wood.

Power Adhesives UK offers Spraytec hot melt spray glues for temperature-sensitive material applications including plastic foams and films. These products offer a broad area of adhesion and enhance bond strength especially for weak substrates.

The packaging sector is one of the major applications of hot melt spray glues, wherein the products are incorporated in carton sealing, paperboard carton, and corrugated box assembly and labeling. The 3M Company offers an extensive product portfolio of hot melt glue products that are characterized by good shear strength, quick-drying rates, and high flexibility.

Robust automotive industry growth in India is a significant driving factor that is expected to enhance product consumption in the next couple of years. Owing to the ‘Make in India’ initiative, the manufacturing output of commercial and passenger vehicles is slated to increase in the future. This in turn is estimated to propel the use of fast dry and high tack glues for use in automotive interior components over the years ahead.

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Spray Adhesives Market Report Highlights

Water based dominated the spray adhesives market with a market share of 38.9% in 2023. These products are formulated using both natural and synthetic polymers.
The hot melt product segment is expected to grow at a CAGR of 5.8% in the forecast period. Hot melt adhesives are formed by heating and bonding occur as the molten adhesive cools and solidifies within a short span of time.
The construction segment dominated the market with a share of 28.1% in 2023. Spray adhesives are used due to their ability to stick almost any surface like wood, metal, plastic, fabric and many others.
The furniture application segment is expected to register the fastest CAGR of 6.0% during the forecast period. A major factor that makes spray adhesives extensively used in furniture is the ease of application they offer.
Asia Pacific spray adhesives dominated the global spray adhesives market with a share of 42.3% in 2023. Construction is one of the biggest applications of spray adhesive due to the growing demand of infrastructure and residential buildings in Asia Pacific.