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.
Asia-Pacific is projected to be the fastest-growing market for spray adhesives. China is projected to be the largest market for spray adhesives in the Asia-Pacific region, while the market in India is projected to register the highest CAGR during the forecast period.
Top 5 News that Sticks for January 21-27
1. Solvent-Based Formulations Lead Spray Adhesives Market Growth
2. BASF and Sirrus to Develop New Automotive Coatings
3. SMTA Announces Best Papers (#3 last week)
5. Pilot Chemical Launches Technology and Innovation Initiative
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