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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Global Spray Adhesives Market to hit USD 9 billion by 2025: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com As per Global Market Insights, Inc. estimates, the global spray adhesives market size is anticipated to be worth over $9 billion by 2025. Spray adhesives market size is gaining traction owing to increased application in end-user industries coupled with expansion of infrastructure and construction activities worldwide. Rapid expansion of construction industry coupled with growing investment in infrastructure development are expected to drive spray adhesives market share over 2019-2025. Moreover, growing application in end user industries like automotive and transportation, due to high heat resistance, will also boost spray adhesives industry size. Spray adhesives is a low viscosity glue that is generally contained in an aerosol can and dispensed in micro-droplet form. Several types of spray adhesives are available to cater to different requirements. degrees of adhesion of spray adhesives vary, which is an important factor to consider while choosing one for the requirement. Key Insights from Spray Adhesives Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Spray glue sticks quickly and forms strong bonds in less time. It offers little surface penetration, which makes it ideal for forming bonds with a variety of materials ranging from paper, fabric, cardboard and foam to metal, wood, plastic, etc. There are dozens of spray glue variants that are designed for specific surfaces; some are rubber specific; some are fabric specific, some form permanent adhesion and others a temporary tack. Owing to properties like strong bond, excellent heat and moisture resistance, spray adhesives have witnessed increased application in end-user industries like furniture, leather, textile, packaging, construction (insulation, roofing, flooring) and transportation (marine, automotive, aerospace), which is estimated to bolster spray adhesives market trends over 2019-2025. Spray adhesives are extensively used in building and construction activity, owing to various advantages including more efficient usage of material to save cost, weight, and volume, improved performance by development of more rigid joints to foster full strength of materials and opportunity to pre-assemble building components to save time and onsite labor cost. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse key industry insights spread across 257 pages with 363 market data tables & 23 figures & charts from the report, “Spray Adhesives Market” in detail along with the table of contents: https://bit.ly/2puz6ab https://bit.ly/2puz6ab Get sample copy of this research report @ https://bit.ly/2JApBNNhttps://bit.ly/2JApBNN
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com As adhesive technology advances, new adhesives continue to be developed at a faster pace. This will lead to new opportunities for fabricating improved composites in building and construction industry. Compared to all other segments, building & construction accounts for a major share in spray adhesives market and generated revenue of over $1.8 billion in 2018. Expanding building and construction industry owing to growing investments and demand from emerging economies is estimated to drive spray adhesives market outlook during the forecast period. Epoxy and polyurethane adhesives are the two major types of resins used in production process of spray adhesives and account for approximately 40% and 25% respectively in the global spray adhesives industry share. Epoxies are designed for high performance bonding. They are generally quite hard, durable and sturdy adhesives that bond to many substrates effectively and are resistant to extreme environments. Epoxy adhesive sprays can exhibit flexibility and clarity as well as speed up process of adhesion. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The United States is undergoing an era of repair and replacement, which is influencing many investments for future. The U.S. is spending much more money to renovate its already existing infrastructure systems instead of getting into new construction activities. Since 2007, spending on maintenance and operations jumped from $243.3 billion to $266.5 billion. In turn, maintenance and operations now accounts for 60.5% of all U.S. public infrastructure spending. Moreover, millennials are rapidly becoming homeowners and are spending more on renovations. According to a survey, homeowners who renovated in 2017, spent an average of $60,400, as compared to $59,800, which was an average in 2015. Owing to greater renovation spending in the U.S., spray adhesives market is anticipated to gain significant traction. North America is a major contributor, accounting for a share of over 20% in the global spray adhesives market share. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chapter 1. Methodology And Scope 1.1. Methodology 1.2. Market definition 1.3. Market estimation & forecast parameters 1.4. Data sources 1.4.1. Primary 1.4.2. Secondary 1.4.2.1. Paid 1.4.2.2. Public Chapter 2. Executive Summary 2.1. Spray Adhesives industry 360° synopsis, 2014 - 2025 2.1.1. Business trends 2.1.2. Resin trends 2.1.3. Technology trends 2.1.4. End-user trends 2.1.5. Regional trends Table OF Content
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