IMARC Group, a leading market research company, has released a report titled “Glass Bonding Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. According to the report, The global glass bonding adhesives market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
Glass bonding adhesives refer to several agents that are utilized for joining two surfaces like glass to glass or to other substrates, including metals, plastics and rubbers. They are manufactured using several materials, such as epoxy, cyanoacrylate, silicone, polyurethane, etc. Glass bonding adhesives provide exceptional performance at minimum costs as they are easy to apply, have high strength bond and exhibit resistance to low temperature. As a result, these adhesives are gaining immense traction across various industries, including construction, electronics, furniture, automotive, consumer goods and medical devices.
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Glass Bonding Adhesives Market Trends and Drivers:
The growing utilization of glass bonding adhesives in the healthcare sector is primarily driving the market growth. These additives help to design modern pharmaceutical systems to facilitate targeted drug delivery and optimize drug release rates. Furthermore, in the automotive industry, glass bonding adhesives are used as an efficient substitute for nuts and bolts as they minimize the overall weight of the vehicle. Besides this, continuous advancements in bonding technology and the introduction of sustainable non-hazardous glass bonding adhesives have created numerous opportunities for manufacturers across the electronic and construction industries. These adhesives are extensively utilized in smartphones, headphones, speakers, and other consumer electronics. Furthermore, the wide applications of glass as a reinforcing element in windows and facades will continue to bolster the demand for glass bonding adhesives in the coming years.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Ashland Inc.
DELO Industrie Klebstoffe GmbH & Co. KGaA
Dymax Corporation
H.B. Fuller Company
Henkel AG & Co. KGaA
Master Bond Inc.
Permabond LLC
Sika AG
The 3M Company
The Dow Chemical Company.
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The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product:
UV Cured
Polyurethane
Acrylic
Silicone
Others
Breakup by Application:
Construction
Furniture
Automotive and Transportation
Electronics and Appliances
Consumer Goods
Medical Devices
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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