Spray adhesives are delivered in the form of droplets and are widely substituted for hit glue, white glue, and tape adhesives. This is due to its properties such as fast, aggressive track for a quick bond, heat and moisture resistance and strong permanent bond. Analysts forecast the global spray adhesives market to grow at a CAGR of 5.63% during the period 2018-2022.
The latest trend gaining momentum in the market is the rising usage of adhesives in medical devices. The application of innovative adhesive technologies is rising in the reusable medical devices industry. Medical adhesives such as epoxy, silicones, polysulfide are increasingly used in medical applications.
According to the report, one of the major drivers for this market is a rising investment in infrastructure development. Developing countries have witnessed a growth in the construction activities and the governments in these regions have attracted high investments in the residential home due to the rapid urbanization. With the rise in infrastructure projects, the demand for spray adhesives will consequently increase in the coming years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report covers the present scenario and the growth prospects of the global spray adhesives market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of spray adhesives.
The market is divided into the following segments based on geography:
The report, Global Spray Adhesives Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
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