The Glass Bonding Adhesives by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Glass Bonding Adhesives Market:
https://www.thebusinessresearchcompany.com/report/glass-bonding-adhesives-global-market-report
According to The Business Research Company’s Glass Bonding Adhesives , The glass bonding adhesives market size has grown strongly in recent years. It will grow from $3.14 billion in 2023 to $3.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to automotive industry growth, renewable energy projects, demand for aesthetic designs, increasing use of glass in furniture, medical device manufacturing, environmental concerns.
The glass bonding adhesives market size is expected to see strong growth in the next few years. It will grow to $4.71 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to electric vehicle adoption, increasing use of wearables, expansion of the aerospace industry, e-commerce growth, rapid urbanization, energy-efficient building standards.. Major trends in the forecast period include uv-curing adhesives, high-performance structural adhesives, hybrid adhesive technologies, customized formulations for specific industries, digitalization and automation in manufacturing, 5g technology deployment.
The expanding automotive industry is expected to be the key driver of the glass bonding adhesive market. The automotive industry refers to an industry involved in designing, manufacturing, wholesale, retailing, and maintaining motor vehicles. Glass bonding adhesive helps the automotive industry by utilizing in the vehicle assembly bonding process as makers progressively use sandwich panels, fiberglass composites, and sophisticated polymers into their vehicle designs to lighten them, increase their structural integrity, longevity, and thermal stability. For instance, in November 2022, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association of motor vehicles, UK’s car production has risen to 7.4% to 69,524 units as compared to the previous years. Additionally, with more than eight out of ten (81.2%) automobiles produced going overseas, or 56,469 units, exports of the newest mass-market, luxury, and specialty models propelled volume production, in which shipments include to the US (26.4%), Japan (6.0%), South Korea (68.7%), and Australia (125.4%). Therefore, the expanding automotive industry is driving the growth of the glass bonding adhesive market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=9211&type=smp
The glass bonding adhesives market covered in this report is segmented –
1) By Type: Polyurethane, Modified Silanes Adhesives, Silicone Adhesives, Acrylate Adhesives, Epoxy Adhesives, Cyanoacrylate Adhesives, Polysulfides, UV Or LED Curing, Other Types
2) By Application: Construction, Furniture, Automotive And Transportation, Electronics And Appliances, Consumer Goods, Medical Devices, Other Applicatons
3) By End-Use Industry: Automotive, Aerospace, Furniture, Construction, Electronics, Consumer Goods, Medical, Other End-Use Industries
Top Major Players:
- AkzoNobel NV
- Arkema SA
- Ashland Global Holdings Inc.
- Avery Dennison Corporation
- Bohle AG
Asia-Pacific was the largest region in the glass bonding adhesives market in 2023.
Advancement in bonding technology is a key trend gaining popularity in the glass bonding adhesive.
Major companies operating in the market are developing innovative products to strengthen their position in the market. For instance, in January 2023, Henkel AG & Co. KGaA, a Germany-based company operating in adhesives and sealants, introduced Loctite 3296, a new adhesive for lens bonding in ADAS sensors. Loctite 3296 is a dual-cure adhesive UV and thermal that meet a variety of assembly requirements through their respective adhesive performance characteristics. It is intended for assembly operations that require low post-cure temperatures and delivers a high cure depth after only a few seconds of exposure to UV light which makes it advantageous for precisely assembling the components of a camera module.
The glass bonding adhesives market report table of contents includes:
1. Executive Summary
2. Glass Bonding Adhesives Market Characteristics
3. Global Glass Bonding Adhesives Market Trends And Strategies
4. Glass Bonding Adhesives Market Macro Economic Scenario
5. Global Glass Bonding Adhesives Market Size and Growth
…….
26. Global Glass Bonding Adhesives Market Competitive Benchmarking
27. Global Glass Bonding Adhesives Market Competitive Dashboard
28. Key Mergers and Acquisitions In Glass Bonding Adhesives Market
29. Glass Bonding Adhesives Market Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The global Glass Bonding Adhesives Market is estimated to touch US$ 4.42 billion by the completion of the year 2025.
These glues are precisely utilized for the adhesion of glass to a number of substrates.
It is estimated to develop at a CAGR of 7.2% for the duration of the prediction.The glass bonding adhesives market on the source of Type of Application could span Electronics, Furniture, Transportation, Construction.
Automobile & transport are expected to uphold its situation as the highest end user due to the development of the business of automobile aftermarket, mostly in emerging nations.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/glass-bonding-adhesives-market/request-sampleThe glass bonding adhesives market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category.
The demand for the product is likely to be motivated by important use sectors for example automobile & transport, furniture, electronics and medical devices.
The glass bonding adhesives market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage could span North America, Europe, Asia Pacific, Latin America and Middle East and Africa.By the source of geography, the Asia-Pacific is estimated to observe great demand for glass bonding adhesives due to the growth in the overseas funds completely impacting the worldwide glass bonding adhesives market.
