Spray Adhesive Market.PDF
The Spray Adhesive Market is projected to witness a compound annual growth rate of
XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by
2022, increasing from US$XX.XX billion in 2016.
Some of the prominent driving factors for the growth of the Spray Adhesive Market are
rising disposable income, constant urbanization, and improved living standards.
Furthermore, increasing automotive sales in the developed as well as developing
geographic regions along with the demand for fuel efficient vehicles is projected to
accelerate the market growth over the coming years. Moreover, high growth in
construction sector is predicted to further push the market growth over the forecast
period. Spray adhesives are widely used in woodworking application, innovations in
furniture & décor coupled with the rising demand for aesthetic furniture is anticipated
to propel the demand for spray adhesive during the review period.
However, factors such as fluctuations in raw material prices and stringent regulatory
framework are expected to hinder the market growth.
Firstly, the report provides brief introduction of the market and deals with detailed
research methodology for calculating market size and forecasts, secondary data sources
used and the primary inputs which were taken for data validation. This section also
outlines various segmentation which have been covered as part of the report.
Next, section provides comprehensive market dynamics through an overview section
along with growth drivers, challenges and opportunities which exist in the current
market. This section of the report also provides global and regional regulations which
are determining the market growth and industry value chain analysis of the Spray
Adhesive market. Complete industry analysis has also been covered through Porter’s
five forces model as a part of this report section.
Spray Adhesive Market – Forecasts from 2017 to 2022