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Glass Bonding Adhesives Market 2023 - By Key Players, Regional Overview, Opportunities, Challenges And Outlook By 2032
Glass Bonding Adhesives Market
Glass Bonding Adhesives Market Size, Growth Rate, And Forecast
The global glass bonding adhesives market size is expected to grow from $2.91 billion in 2022 to $3.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global glass bonding adhesives market size is expected to reach $4.25 billion in 2027 at a CAGR of 7.71%.
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Glass Bonding Adhesives Market Drivers
The expanding automotive industry is expected to be the key driver of the glass bonding adhesive market. The automotive industry refers to an industry involved in designing, manufacturing, wholesale, retailing, and maintaining motor vehicles. Glass bonding adhesive helps the automotive industry by utilizing in the vehicle assembly bonding process as makers progressively use sandwich panels, fiberglass composites, and sophisticated polymers into their vehicle designs to lighten them, increase their structural integrity, longevity, and thermal stability.
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Glass Bonding Adhesives Market Segments
• By Type: Polyurethane, Modified Silanes Adhesives, Silicone Adhesives, Acrylate Adhesives, Epoxy Adhesives, Cyanoacrylate Adhesives, Polysulfides, UV Or LED Curing, Other Types
• By Application: Construction, Furniture, Automotive And Transportation, Electronics And Appliances, Consumer Goods, Medical Devices, Other Applications
• By End-Use Industry: Automotive, Aerospace, Furniture, Construction, Electronics, Consumer Goods, Medical, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Glass Bonding Adhesives market.
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Glass Bonding Adhesives Market Key Players
Major competitors in the Glass Bonding Adhesives market include Ashland Global Specialty Chemicals Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation.
The Business Research Company's "Global Glass Bonding Adhesives Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Glass Bonding Adhesives Market Include:
1. Executive Summary
2. Glass Bonding Adhesives Market Characteristics
3. Glass Bonding Adhesives Market Trends And Strategies
4. Glass Bonding Adhesives Market - Macro Economic Scenario
5. Glass Bonding Adhesives Market Size And Growth
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26. Africa Glass Bonding Adhesives Market
27. Glass Bonding Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Glass Bonding Adhesives Market
29. Glass Bonding Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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