According to the latest report by IMARC Group “Glass Bonding Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global glass bonding adhesives market is expected to exhibit a CAGR of 7.07% during 2022-2027.
What is Glass Bonding Adhesives?
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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What are the growth prospects and trends in the glass bonding adhesives industry?
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.
Who are the key players operating in the industry?
The report covers the major market players including:
- 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
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