Global Glass Bonding Adhesives Research Report By Application (Construction, Furniture, Automotive & Transportation, Electronics & Appliances, Consumer Goods, Medical Devices), By Product (UV Cured, Polyurethane, Acrylic, Silicone)
The growth in investment in fields such as manufacturing, automobiles, rail, wind, aerospace, infrastructure development industries, and various structural projects are driving the market. The demand from end-use industries such as transportation, electronics, and furniture for high-quality glass bonding adhesives is another factor driving the market. The demand coming from medical industry is also pushing the market. The increasing demand from medical industry for glass bonding adhesives is likewise driving the market. The growing end-use industries in developing regions such as India, China, Mexico is anticipated to drive the glass bonding adhesives market during the forecast period. The increasing disposable income has created additional demand for cars, home furnishing products, mobiles, laptops, TVs, and other electronic devices. This will directly impact the global glass bonding adhesives market in a positive manner. There is a growing global middle-class demographic, whose incomes are growing due to multiple earning members within a family and improving job prospects. This trend is especially true in developing countries such as Japan, China, India, and Brazil, resulting in individuals spending more revenue on non-essential and aesthetically appealing products. If we see overall market the automotive, electronics, and aeronautical industries need glass adhesives for enhanced durability of their products. The automotive sector creates a large demand for glass bonding adhesives to ensure high quality of windshields, rear windows, side windows, headlamps, stickers/labels, and rear-view mirror button. Glass bonding adhesives are also required in to cope up with the growing aerospace industry. This industry requires large quantities of adhesives to provide protection from extreme temperatures, corrosion, abrasion, noise, vibration, creep, fatigue, humidity, and chemicals to various components.
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Silicon is one of the fast emergent segments in the global glass adhesives market. The developments in the silicon type glass bonding adhesives have increased its demand in medical, electronics application and glass bonding industries. The rise in the prices of raw material may act as a restraint for the glass bonding adhesives market.
Trends in this market are as follows:
• Usage of nanotechnology is rising for improvement in the light curing process technologies of glass glues, which is expected to be a key technological trend in the next couple of years
• UK-based company SW Products Ltd. is a provider of adhesives offering Nano470 High Strength Adhesive. The product facilitates superior adhesion of glass to glass and to metal substrates. Nano470 can be cured by using a white fluorescent light and does not require UV light.
• DELO developed DELO PHOTOBOND GB4033, a new light-curing acrylate adhesive for applications in the consumer electronics sector. This product exhibits outstanding unwrap resistance against glass & plastic substrates and good sealing properties against humidity, moisture, and dust.
• H.B. Fuller working in the glass adhesives industry established a new regional office in Dubai, UAE, to cater to the rising demand for adhesives and sealants in the Middle East, Egypt, Germany, and India.
The global glass bonding adhesives market is studied across: North America, Europe, Asia Pacific and LMAEA (Latin America, Middle East, and Africa). The northern part of the market for glass bonding adhesives is driven because of the presence of major manufacturers of glass bonding adhesives in the North American region. Another reason behind the growth is growing end-use industries, such as electronics, transportation, and medical, in major countries such as the U.S. and Canada. Asia-Pacific is expected to witness high demand for glass bonding adhesives owing to the rise in the foreign investments positively impacting the global glass bonding adhesives market. Exponential growth in industrial development is expected to open up new opportunities in the global market. Economic development and growth in the glass bonding adhesives applications are anticipated to foster the global glass bonding adhesives market growth in the Asia Pacific. In industries such as electronics, medical, and construction end-use industries usage of glass bonding adhesives is increasing might propel the global market in next few years. Furthermore, cheap labor costs in this region are contributing to the growth in future. Nations like China, Taiwan, and South Korea are the significant makers of the glass holding glues in the Asia Pacific region; this in turn positively impacts the global glass bonding adhesives market.
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On the basis of product:
• UV Cured
On the basis of application:
• Automotive & Transportation
• Electronics & Appliances
• Consumer Goods
• Medical Devices
The prominent players in the market are:
• Henkel AG & Co. KGaA
• H.B. Fuller Company
• Ashland Inc.
• Dymax Corporation
• 3M Company
• Permabond Engineering Adhesives
• The Dow Chemical Company
• Bohle Group
• ThreeBond Holdings Co., Ltd.
• Sika A.G.
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