Solvent-Based Formulations Lead Spray Adhesives Market Growth
The solvent-based spray adhesive segment reportedly accounts for the largest share of the overall spray adhesives market.
The spray adhesives market is projected to reach $3.41 billion by 2022 from the estimated $2.72 billion in 2017, at a compound annual growth rate (CAGR) of 4.6%, according to a report published by MarketsandMarkets. The solvent-based spray adhesive segment reportedly accounts for the largest share of the overall spray adhesives market.
Furniture, or wood working, was reported as one of the major end-use industries of spray adhesives.