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Written by stanley huds » Updated on: November 19th, 2024
IMARC Group’s report titled “Glass Bonding Adhesives Market Report by Product (UV Cured, Polyurethane, Acrylic, Silicone, and Others), Application (Construction, Furniture, Automotive and Transportation, Electronics and Appliances, Consumer Goods, Medical Devices, and Others), and Region 2024–2032”. The global glass bonding adhesives market size reached US$ 3.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024–2032.
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Factors Affecting the Growth of the Glass Bonding Adhesives Industry:
● Increasing Demand in the Automotive Sector:
The increasing adoption of glass bonding adhesives in the automotive sector, as these adhesives are crucial in vehicle assembly and repair, is impelling the market growth. The rising demand for lightweight vehicles, which improve fuel efficiency and reduce emissions, is leading manufacturers to prefer glass bonding adhesives over traditional mechanical fasteners. These adhesives provide superior bonding strength and flexibility, accommodating the thermal expansion of different materials. Moreover, the growing shift towards electric vehicles (EVs), which require advanced glazing solutions for better aerodynamics and energy efficiency, further drives the demand. Enhanced safety features, such as laminated glass for windshields and side windows, also contribute to the market growth.
● Growing Applications in the Construction Industry:
The increasing use of glass in modern architectural designs significantly drives the demand for glass bonding adhesives. These adhesives are essential in bonding glass to various substrates, such as metal and concrete, used in facades, windows, and interior partitions. With the trend of more energy-efficient buildings, double and triple-glazed windows, which require strong and durable adhesives, are becoming standard. Additionally, the aesthetic appeal of glass in creating transparent and open spaces is increasing its use in both commercial and residential construction. The adhesives offer benefits like weather resistance, ultraviolet (UV) stability, and thermal expansion compatibility, which are crucial in ensuring the longevity and functionality of glass installations.
● Expansion in the Electronics and Consumer Goods Sector:
With the miniaturization of electronic devices and the increasing use of touchscreens in smartphones, tablets, and other gadgets, the need for precise and reliable bonding solutions is rising. Glass bonding adhesives are preferred for their ability to provide strong, clear bonds without affecting the quality or functionality of the display. Moreover, these adhesives are crucial in manufacturing various consumer goods, such as watches, cameras, and home appliances, where glass components are integral to the design and functionality. The rise in disposable income and the growing shift towards smart devices are catalyzing the demand for glass bonding adhesives in this sector.
Explore full report with table of contents: https://www.imarcgroup.com/glass-bonding-adhesives-market
Leading Companies Operating in the Global Glass Bonding Adhesives Industry:
Glass Bonding Adhesives Market Report Segmentation:
By Product:
UV cured represents the largest segment due to their rapid curing time, strong bonds, and suitability for diverse applications across industries.
By Application:
Automotive and transportation account for the majority of the market share owing to the high demand for lightweight vehicles and advanced glazing solutions requiring strong and durable adhesives.
Regional Insights:
Asia Pacific’s dominance in the glass bonding adhesives market is attributed to its robust manufacturing sector, rapid urbanization, and growing automotive and electronics industries.
Global Glass Bonding Adhesives Market Trends:
Technological advancements in adhesive formulations are bolstering the market growth. Innovations, such as UV-curable adhesives, which offer faster curing times and stronger bonds, are gaining traction across various industries, including electronics, automotive, and construction. These advanced adhesives provide enhanced performance characteristics, such as improved temperature resistance, greater durability, and the ability to bond different types of glass and substrates. Additionally, the development of eco-friendly adhesives with low volatile organic compounds (VOCs) aligns with the increasing focus on sustainability and environmental regulations. As industries seek to enhance the efficiency and performance of their products, the demand for cutting-edge glass bonding adhesives is growing. The research and development (R&D) efforts in adhesive technology are opening new avenues for the market, catering to more specialized applications.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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