Growing furniture industry to drive the spray adhesives market

The overall spray Adhesives Market is expected to grow from USD 2.61 billion in 2016 to USD 3.41 billion by 2022, at a CAGR of 4.6% from 2017 to 2022. Spray adhesives, also known as sprayable adhesives, are adherents provided in the aerosol form.

The spray adhesives market comprises a network of players involved in the research and product development; raw material supply; component manufacturing; distribution and sale. Key players considered in the analysis of the spray adhesives market are Bostik SA (US), H.B. Fuller (US), Henkel (Germany), Kissel+Wolf GmbH (Germany), Quin Global (US), SIKA AG (Switzerland), and 3M (US).

On the basis of type, the spray adhesives market has been segmented into the solvent-based, water-based, and hot melt. The hot melt spray adhesives segment is estimated to be the fastest-growing type of the spray adhesives market during the forecast period. This high growth is attributed to the tightening environmental norms regarding VOC content of spray adhesives. Hot melt spray adhesives do not use water or solvent as a carrier and, hence, their VOC content is very less, making them more eco-friendly.

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Solvent-based segment is projected to be the largest type of spray adhesives from 2017 to 2022.

The solvent-based spray adhesive segment accounts for the largest share of the overall spray adhesives market. The performance of solvent-based adhesive is mainly determined by the base polymer of the adhesive. The adhesive is mixed with a solvent to decrease their viscosity, thus, making it easier to apply with spray. Most of the solvent-based spray adhesives are based on synthetic rubbers. High resistance to oils & fluids and significant heat stability increases the applicability of solvent-based spray adhesives in various end-use industries such as automotive and aerospace. Their ability to form a strong and long-lasting bond also makes them popular.

Furniture industry is projected to be the fastest-growing consumer of spray adhesives during the forecast period.

Furniture or wood working is one of the major end-use industries of spray adhesives. Almost two-thirds of wood products today are totally or partially bonded together using a variety of adhesives. This is because adhesive bonding offers several advantages over other joining methods for wood components. Companies are investing in R&D to synthesize environmentally-friendly and skin-friendly wood adhesives. Spray adhesives are easy to handle and help in achieving clean and neat application. This makes them more user-friendly than other adhesives. Also, with controlled spray pattern, one can reduce overspray and wastage of adhesive materials. Spray adhesives are used in bonding decorative laminates, cushions, foams, and fabrics to wooden parts of furniture. They also adhere polyethylene and polypropylene to wood and metal in furniture.

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