U.S. Spray Adhesive Market Growth 2024, Size-Share, Revenue, Opportunities, Emerging Trends, Competitive Analysis and Future Outlook 2033: SPER Market Research
Spray adhesives are multipurpose adhesives applied to a surface using a pressurized container. They quickly cure and form bonds because they are made of vinyl acetate-ethylene, epoxy, polyurethane, and synthetic rubber. Aerosol cans are used to hold spray adhesives, a type of glue that is frequently used in industrial settings. They cure significantly faster than standard glue and are a great substitute for conventional tapes and glues because they are simple to use. Spray adhesives provide superior heat and moisture resistance, a broader coverage with less waste, and a more controlled spray mechanism compared to standard tape, hot, and white glue.
According to SPER market research, ‘United States Spray Adhesive Market Size- By Chemistry, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United States Spray Adhesive Market is predicted to reach 426.73 million by 2033 with a CAGR of 3.65%.
Drivers: The rising need for sanitary food packaging is anticipated to fuel the growth of the spray adhesives market in the upcoming years. The profitable application of spray adhesives for bonding laminates, decorative cushions, textiles, and foams to furniture will further boost the industry’s growth in the upcoming years. The glue is used for ceiling inserts, fiberglass, plaster, and drywall. EPS foams, pipe insulation, roofing membranes, and carpet tile installation are among the various products used in the construction sector. Due to favourable socioeconomic and demographic factors such urbanization, population growth, growing standards of living, and disposable income, the global spray adhesives market is predicted to rise.
Restraints: Spray adhesives are crucial elements for many applications, such as connecting surfaces, laminating, and attaching various materials. The quality and performance of spray adhesive formulations are significantly influenced by the raw materials utilized in them. Materials that are subject to price volatility, supply-demand imbalances, and geopolitical influences include propellants, additives, solvents, and synthetic resins. Producers may be compelled to raise product prices in order to cover rising raw material costs. This could result in decreased demand, especially in sectors where prices are crucial, which would hinder the US spray adhesives market’s expansion.
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Spray adhesives that are affordable for consumers were in high demand as a result of the pandemic’s growth in do-it-yourself and home renovation projects. Raw material availability was hampered by supply chain disruptions, which had an effect on spray adhesive production and distribution. Adhesives used in hygienic product and safe packaging manufacturing have seen a surge in demand from the healthcare and packaging industries. Consumer-focused products had an increase in demand while industrial adhesives saw a decline due to the shift towards remote labour and decreased commercial activity.
Impact of COVID-19 on United States Spray Adhesive Market
In 2023, the Mid-West emerged as the dominating region in the United States Spray Adhesive Market, with the highest market share in terms of value. The Midwest is well-known for its thriving and diverse industrial base, which includes automotive, manufacturing, and packaging businesses. These industries rely significantly on spray adhesives for their various uses, which are critical in bonding lightweight materials and fastening packaging with maximum efficiency and precision. Henkel Corporation, The 3M Company, HB Fuller Adhesives LLC, Avery Dennison Corporation, and other well-known companies are among the industry’s leading players.
United States Spray Adhesive Market Segmentation:
By Chemistry: Based on the Chemistry, United States Spray Adhesive Market is segmented as; Epoxy, Polyurethane, Synthetic Rubber, Vinyl Acetate Ethylene, Others.
By End User: Based on the End User, United States Spray Adhesive Market is segmented as; Transportation, Construction, Furniture, Packaging, Textile.
By Region: This research includes data for West United States, East United States, North United States, South United States.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
USA Spray Adhesive Market Outlook
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