Press release
Expanding Building & Construction Industry Boosting Growth of the Glass Bonding Adhesives Market, Fact.MR Study
Growth of the glass bonding adhesives market continues to be sustained by rising application in a range of industries, including construction, automotive, and healthcare. However, as these industries have been impacted on a macro-level by the COVID-19 pandemic, bonding adhesive manufacturers have seen demand waning. According to Fact.MR’s analysis, early recovery in these industries will be key to bonding adhesive sales in the short and medium term.
Browse Full Report, visit: https://www.factmr.com/report/5442/glass-bonding-adhesives-market
Key Takeaways from Glass Bonding Adhesives Market Report
UV curable acrylate remains the preferred material
Building & construction industry will account for highest demand
Asia Pacific will continue to be an epicenter, with China and India creating sustainable opportunities
Steady demand in the U.S. will drive the North America glass bonding adhesives market during the assessment period
COVID-19 outbreak having an adverse impact on the growth of the global glass bonding adhesives market
“The building & construction industry has grown at over 6% over the past five years, and is set to grow further in future. As a result, glass bonding adhesives being highly required for use in this sector. In terms of type, demand for UV glass bonding adhesives is set to exhibit high growth due to their high optical clarity and excellent bonding property,” says a Fact.MR analyst.
For More Detailed Information about Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=5442
Growing Automotive Industry Spurring Growth
According to Fact.MR, global sales of automobiles were 80 million units in 2017. Though sales figures are expected to fall under 70 million units in 2020, the automotive industry is expected to exhibit further growth through 2030. Glass bonding adhesives having the property to join dissimilar materials through fast and cheap joining techniques, while providing flexibility and design convenience, and are highly sought-after by the automotive industry. Hence, a growing automotive industry is expected to push the demand curve for glass bonding adhesives further upward over the coming years.
Rising investments in research & development activities in the automotive industry are projected to expand its market value at a rate of over 4% through 2030. Being required in joining various automotive parts and their components such as alternators, tuners, subwoofers, distributor caps, and others, glass bonding adhesives are experiencing rise in demand from the automotive sector. Technical advancements and increase in demand for various electrical vehicles, passenger vehicles, and others are catering to the growth of automotive industry, which, in turn, is fuelling the growth of the glass bonding adhesives market.
Glass Bonding Adhesives Market: Competitive Landscape
In order to gain advantage from new opportunities, key players in the glass bonding adhesives market are emphasizing on developing wide varieties of quality products.
For instance, 3M Company launched its new extensive range of glass bonding adhesives such as 3M™ Polyurethane Glass Adhesive Sealant 590, and others, which are crash tested to FMVSS 212, suitable for structural glass bonding, in 2020.
Dymax launched its new range of Dymax UV light-curing industrial glass bonding adhesives for the joining of plastics, glass, metals, and others, in the year 2020.
DELO released its new PHOTOBOND adhesives, which are ideally suited for bonding plastic to glass, in the year 2020.
Some of the companies covered in the report on the global glass bonding adhesives market are Ashland, Dow, H.B. Fuller, 3M Company, Parker Hannifin Corp, Master Bond, Dymax, Bohle Ltd., DELO, ThreeBond Holdings Co., Ltd, and Sika AG.
More Valuable Insights on Glass Bonding Adhesives Market
In its latest report, Fact.MR has provided a detailed analysis on the global glass bonding adhesives market, comprising data on historical statistics (2015-2019) and forecast of demand for the period between 2020 and 2030. The report discusses critical insights on the glass bonding adhesives market in terms of type (UV curable, epoxy, cyanoacrylate, polyurethane, silicone, others), end-user industry (building & construction, automotive & transportation, electrical & electronics, healthcare, industrial assembly, woodworking, others), across 5 key regions (North America, Latin America, Europe, Asia Pacific & Middle East & Africa).
>>> To Get more insights on glass bonding adhesives market, request sample report- https://www.factmr.com/connectus/sample?flag=S&rep_id=5442
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Expanding Building & Construction Industry Boosting Growth of the Glass Bonding Adhesives Market, Fact.MR Study here
News-ID: 2243470 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Glass
Depression Glass Market 2023- Industry Revenue and Price | Hazel-Atlas Glass Com …
The Depression Glass market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Auto Glass Market Is Booming Worldwide | Fuyao Glass, Webasto, Xinyi Glass, Asah …
Advance Market Analytics published a new research publication on "Auto Glass Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Auto Glass market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and…
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment.
CLICK HERE to Request Sample…
Global Ground Glass Sales Market 2017 - XINYI Glass, JINJING Glass, SYP Glass, Y …
The study Global Ground Glass Sales Industry 2017 is a detailed report scrutinizing statistical data related to the Global Ground Glass Sales industry. Historical data available in the report elaborates on the development of the Ground Glass Sales market on a Global and national level. The report compares this data with the current state of the market and thus elaborates upon the trends that have brought the market shifts.
Download Sample…
Energy Saving Glass Market 2017 - Saint Gobain, AGC Glass, Guardian Glass, Sisec …
A market study based on the ""Energy Saving Glass Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Energy Saving Glass Market 2017’. The research report analyzes the historical as well as present performance of the global Energy Saving Glass market, and makes predictions on the future status of Energy Saving Glass market on the basis of this analysis.
Get Free Sample Copy of Report…
