Glass Bonding Adhesive Market Overview
180 Pages report analyses the global glass bonding adhesives market size, shares, recent trends, competitive intelligence, and future market outlook. Glass bonding adhesive usage used to fasten two surfaces together is rising. Demand for decorative items and glass furniture in ‘The Asia Pacific’ is spiking. The competitive rivalry intensifies with Permabond Engineering Adhesives Ltd, Eurobond Adhesives Ltd, and others active in the market.
Glass bonding adhesives are used to fasten two surfaces together, usually producing a smooth bond. Butyl tapes are replaced by adhesives because of lower-strength materials that hold the glass, using the large bond area of the two substrates. Glass bonding sealants provide a large bond area and the glass strength to make the joint load-bearing and thus part of the load-bearing structure stronger. The adhesive's properties provide one- and two-part systems, solvent-free compositions, optical clarity, non-yellowing properties, moisture resistance, thermal stability, toughness, chemical inertness, strength, and flexibility for bonding two materials with expansion coefficients and sealing against moisture. These adhesives have applications in medical, electronics, industrial assembly, transportation, furniture, and various other industries.
Glass Bonding Adhesive Market Scope
| Metrics | Details |
| Market CAGR | 5% |
| Segments Covered | By Applications, By Type, By Bonding Surface, By End Users, and By Region |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
| Fastest Growing Region | Asia Pacific |
| Largest Market Share | Asia Pacific |
To Know More Insights - Download Sample
Glass Bonding Adhesive Market Dynamics
The growth of the global glass bonding adhesive market is driven by increasing demand for decorative items and glass furniture, the salient properties of adhesives, and growing demand in industries like automotive, electronics, and others.
Increasing demand for decorative items and glass furniture is expected to drive market growth
The increasing demand for glass in decorative items and furniture is expected to boost the demand for the glass bonding adhesives market. According to the industry analysis, the demand for glass products is expected to reach approximately 25,4 billion U.S. Dollars by 2024 with the surge in glass-furnished homes and decorative products in the country.
The use of glass adhesives is being adopted in numerous industries due to their essential properties. For instance, to make falcon perfumes visually appealing, decorative elements made of metal or plastic are often used with small glass bottles, using Swiss adhesives and glass bondings with transparency. Also, companies like Duscholux and Artweger use light-curing adhesives for stainless steel hinges bonding to glass partition walls to build up shower enclosures.
Skin diseases can affect the growth of the glass bonding adhesive market.
Glass bonding adhesives are subjected to longer curing times and low resistance to high temperatures, the strength of adhesive bonding can be hindered by physical and chemical actions, and it contain chemical compounds which can contain hazardous solvents and preservatives that cause diseases. These are some of the factors responsible for restraining market growth.
COVID-19 Impact on Glass Bonding Adhesive Market Growth
Due to the pandemic, stakeholders across the glass bonding adhesives industry have seen a notable impact as all the production work, factories, and other activities were closed. Transportation-related delays arising from travel restrictions and irregular supplies of raw materials impacted revenue losses for glass bonding adhesives in automotive, electronics, and various other industries. For instance, Chinese auto glass supplier Fuyao Glass Industry Group Co. observed a net loss of 92.1 million yuan in the first half of 2020 due to low demand resulting from industries working with half strength and less daily production, which will impact the glass bonding adhesives market substantially.
Glass Bonding Adhesive Market Segment Analysis
By type, the glass bonding adhesives market is classified into epoxy, cyanoacrylate, silicone, polyurethane, ms polymer, and others.
The cyanoacrylate-type glass bonding adhesives market is expected to grow at the fastest CAGR during the forecast period (2023–2030)
The cyanoacrylate type holds the largest market for glass bonding adhesive in terms of revenue due to the following advantages: provides a strong, clear, and waterproof bond, special bonding conditions unlike water. Epoxy adhesive requires a two-part system to initiate a cure, cyanoacrylate relies on atmospheric humidity and surface moisture as its catalyst, and cures rapidly to form rigid thermoplastics, Drying can be facilitated by radiation, heat, mixing, evaporation or UV and light.
Due to its numerous advantages over others, it is used in automotive, electronics, optical, consumer electronics, and various other industries. Various leading companies are launching adhesives that comply with industry standards, such as cyanoacrylate, which provides one-component industry-strength instant adhesive that cures super-quickly at room temperature; its quick reaction enables components to bond and work for curing at 40 to 70 % relative humidity.
Glass Bonding Adhesive Market Geographical Share
Asia Pacific region holds the largest market for global glass bonding adhesives.
The Asia Pacific region holds the largest market for glass bonding adhesive globally and is forecast to continue its dominance with growing electronics and medical industries in the region. According to the industry analysis, China was the leading country in the electronics sector, earning revenue of almost 1.6 trillion Euros in 2018; it is also the largest manufacturer of mobile phones, and televisions, respectively producing over 90% of devices, With increasing electronics sector, the demand for glass bonding adhesives will also increase as adhesives are used in mobiles, electronic gadgets, and transparent electronics, and with modifying technology, the demand for bonding electronics is expected to surge.
The usage of glass bonding adhesive in the automobile industry to bond the windshield, and internal material of glass material with different metals is one of the other trends of glass bonding adhesive. The use of adhesive in automotive will abolish the use of fasteners and can decrease the weight of the vehicle to some extent.
Glass Bonding Adhesive Market Companies and Competitive Landscape
The glass bonding adhesives market is moderately competitive, with the presence of local players followed by global companies that contribute to the majority of market growth. In addition, some of the key players contributing to the development of the market are Permabond Engineering Adhesives Ltd, Eurobond Adhesives Ltd, Henkel AG & Co, Mapei S.p.a, Sika AG, Loctite, 3M, ThreeBond Co. Ltd, Benson Polymers Ltd., DELO Industrial Adhesives and various others. The major players are adopting various new strategies to dominate the market, such as launching new products with more safety and hygiene and collaborations, which are contributing to the growth of the glass bonding adhesive market globally.
Permabond Engineering Adhesives Ltd.
Overview: Permabond is a leading manufacturer of engineering adhesives founded in 1976. The company has offices in the Americas, Europe, and Asia and distributors worldwide.
Product Portfolio: The Company manufactures a variety of adhesives such as UV light adhesives, structural acrylic, polyurethane adhesives, modified epoxy and ms polymer adhesives, epoxies, two-part epoxy adhesive, cyanoacrylate adhesives, anaerobic adhesives & sealants & and various others.
Key Development:
In 2021, the company launched UV-curable adhesive, offering long-term durability and good adhesion performance on a wide range of substances including glass and metal. Typical applications of UV curable adhesive include structural bonding applications such as glass balconies, walkways, staircases, and furniture, bonding glass kitchenware, and various others.
Why Purchase the Report?
- Visualize the segmentation of the glass bonding adhesive market by applications, type, bonding material, end-users, duration, and region, highlighting the critical commercial assets and players.
- Identify commercial opportunities in the glass bonding adhesive by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of glass bonding adhesive market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
Target Audience 2025
- Service Providers/ Buyers
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
The global glass bonding adhesive market report would provide access to an approx: 69 market data tables, 72 figures, and 180 pages.
