Glass Bonding Adhesives Industry, Share, Key Company Profiles, Type, Applications, Size, Trends and Forecast to 2030
Glass
Bonding Adhesives Market Overview
Market
Research Future (MRFR) has revealed in its latest report that the global glass
bonding adhesives market is set to expand at a moderate CAGR throughout the
forecast period 2021 to 2030. The key players participating in the competitive
landscape strategize mergers & acquisitions, product developments, adoption
of latest technologies, etc. which is likely to encourage the market expansion.
The glass
bonding adhesives are used across different booming industry verticals which
are expected to boost sales in the global Glass Bonding Adhesives Industry over the next few years. Some of the
en-user industries that are poised to fuel demand in the market are automotive,
aerospace, construction, etc. The increasing prevalence of fuel efficient and
lightweight automotive is expected to drive the proliferation of glass bonding
adhesives market. Additionally, the increasing demand for durable electronics
is also projected to aid the expansion of glass bonding adhesives market across
the review period.
The demand
for eco-friendly adhesives has opened avenues of growth opportunities for market
players. Increased research and development activities coupled with massive
investments are expected to be witnessed in the market. This, in turn, is
projected to catapult the glass bonding adhesives market on an upward
trajectory. However, the high cost of the adhesives remains an impediment to
the market growth.
Glass
Bonding Adhesives Market Segmentation:
By type, the global glass bonding adhesives
market is segmented into polyurethane, modifies silanes adhesives, silicone
adhesives, acrylate adhesives, epoxy adhesives, cyanoacrylate adhesives,
polysulfides, UV/ LED curing, and others.
By
end-user industry,
the glass bonding adhesives market has been segmented into automotive,
aerospace, furniture, construction, electronics, consumer goods, medical, and
others.
Glass
Bonding Adhesives Market Regional Analysis:
By region,
the global glass bonding adhesives market has been segmented into Asia
Pacific, North America, Europe, Latin America, and the Middle East &
Africa. Asia Pacific is expected to retain a dominant share of the market
towards the end of the assessment period. The boom witnessed in the automotive,
electronics and construction industries in the region are poised to fuel demand
in the glass bonding adhesives market North America is projected to remain an
important growth pocket owing to the efforts channelized for reviving
construction sector. Meanwhile, the growth of the automotive sector in Europe
is likely to complement the glass bonding adhesives market in the region over
the next couple of years. Latin America is set to witness market growth due to
the presence of countries such as Mexico, Brazil, others, etc. The Middle East
& Africa is projected to exhibit a steep rise in construction activities
which is likely to propel demand for glass bonding adhesives.
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Glass Bonding
Adhesives Market Competitive Dashboard:
Some of the
key players profiled in the report by MRFR are H.B. Fuller Company (U.S.), Sika
AG (Switzerland), Henkel AG & Co. KGaA (Germany), Dymax Corporation (U.S.),
KIWO (Germany), ThreeBond Holdings Co., Ltd. (Japan), 3M (U.S.), DowDuPont
(U.S.), Bohle AG (Germany), Ashland (U.S.), Master Bond Inc. (U.S.), and
Permabond LLC. (U.K).
Glass
Bonding Adhesives Market Industry News:
In August
2018, Graphene 3D Lab, Inc. has capitalized on groundbreaking properties of
graphene and other advanced materials. It has launched G6-EpoxyTM which can be
used for different applications including glass bonding.
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