Glass Bond Adhesives Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
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Glass Bond Adhesives Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
Glass Bond Adhesives Marketby Type (UV Curable Cyanoacrylate, Silicone, UV Curable Epoxy, Polyurethane), End-Use Industry Type (Furniture, Electronics, Medical, Transportation, Industrial Assembly), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
Glass Bond Adhesives Market by Type (UV Curable Cyanoacrylate, Silicone, UV Curable Epoxy, Polyurethane), End-Use Industry Type (Furniture, Electronics, Medical, Transportation, Industrial Assembly), and Region (No...
"The global glass bond adhesives market is likely to rebound at a promising CAGR of 7.5% in the long run."
Glass bond adhesives include various types of adhesives formulated for bonding glass. This may include UV-curable adhesives, cyanoacrylate adhesives, epoxy adhesives, and other specialty adhesives designed for use with glass substrates. This includes applications in industries such as automotive (e.g., bonding glass in windshields), electronics (e.g., bonding glass in electronic devices), construction (e.g., bonding glass panels in architectural structures), and furniture manufacturing, among others.
Glass bond adhesives, a sizeable market, could not escape the trends and witnessed a colossal decline amid the pandemic. However, the industry is gradually rebounding in the year 2021 with the ramp-up in consumer confidence. Furthermore, increasing demand in the automotive industry, a rise in construction and infrastructure development, and expanding electronics and consumer goods sectors act as growth drivers for the market.
Market Segment Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Type Analysis
UV Curable Cyanoacrylate, Silicone, UV Curable Epoxy, and Polyurethane
UV Curable Cyanoacrylate is anticipated to remain the dominant type during the forecast period.
End-Use Industry-Type Analysis
Furniture, Electronics, Medical, Transportation, and Industrial Assembly
Furniture is anticipated to remain the biggest demand generator for glass bond adhesives in the years to come.
Regional Analysis
North America, Europe, Asia-Pacific, and The Rest of the World
Asia-Pacific is expected to remain the largest as well as the fastest-growing market over the next five years.
By Type
"The UV-curable cyanoacrylatesegment accounted for the largest market share."
Based on the type, the glass bond adhesives market is segmented into UV-curable cyanoacrylate, silicone, UV-curable epoxy, and polyurethane. With the lowest decline in demand for glass bond adhesives caused by the pandemic, UV-curable cyanoacrylate is expected to remain the largest and fastest-growing type in the market during the forecast period. Cyanoacrylate adhesives, commonly known as superglues, are known for their fast-curing times and strong bonds. UV-curable cyanoacrylate adhesives combine the quick curing properties of cyanoacrylate with the additional benefit of UV curing.
End-Use Industry Trends
"The furnituresegment accounted for the largest market share."
Based on the end-use industry type, the market is segmented into furniture, electronics, medical, transportation, and industrial assembly. Furniture is expected to remain the dominant end-use industry type in the market during the forecast period. Glass bond adhesives are versatile and can be formulated to adhere to various substrates. This versatility is beneficial in furniture manufacturing, where different materials often need to be joined.
Regional Insights
"Asia-Pacificaccounted for the largest market share."
In terms of regions, Asia-Pacific is expected to remain the largest as well as the fastest-growing market for glass bond adhesives during the forecast period. Asia, particularly countries like China, has become a global manufacturing hub for various industries, including electronics, automotive, and furniture. The demand for glass bond adhesives in these manufacturing processes contributes to a large market in the region.
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Glass Bond Adhesives Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
The glass bond adhesives market is segmented into the following categories:
By Type
UV-curable cyanoacrylate
Silicone
UV-curable epoxy
Polyurethane
By End-Use IndustryType
Furniture
Electronics
Medical
Transportation
Industrial Assembly
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s glass bond adhesives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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The glass bond adhesives market is estimated to grow at a CAGR of 7.5% by 2028, driven by increasing adoption in furniture manufacturing, focus on lightweighting in transportation, and growing middle-class population and urbanization.
H.B. Fuller Company, Ashland Inc., Dymax Corporation, 3M Company, The Dow Chemical Company, Henkel AG & Co. KGaA, Permabond Engineering Adhesives, Bohle Group, KIWO, ThreeBond Holdings Co., Ltd., and Sika A.G. are the leading players in the glass bond adhesives market.
Asia-Pacific is estimated to remain dominant in the glass bond adhesives market in the foreseeable future. Asia is a key region for the production of consumer goods. Glass bond adhesives are be used in the manufacturing of products such as appliances and furniture, contributing to the overall market demand.
Asia-Pacific is estimated to remain the fastest-growing market for glass bond adhesives in the foreseeable future. Rapid population growth and urbanization in certain Asian countries drive construction and infrastructure development, leading to increased use of glass bond adhesives in architectural applications.
Furniture industry is estimated to be the dominant end-use industry in the market in the coming years. Glass is often used in furniture for its aesthetic appeal. Glass bond adhesives allow for the seamless joining of glass components, maintaining a clean and visually appealing appearance.
Increasing demand in the automotive industry, rise in construction and infrastructure development, and expanding electronics and consumer goods sectors act as the growth drivers for the market.
