Glass Bonding Adhesives Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Glass Bonding Adhesives Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : November, 2020 | Chemical & Materials | PPT format

Report Digest


Glass Bonding Adhesives Market: Snapshot

Glass bonding adhesives represent a growing class of adhesives intended for use in glass, which is resistant to many conventional types of adhesives. Glass bonding adhesives need to have a high bond strength and high resistance to temperature, since glass is not permeable to the adhesives and doesn’t present a surface with notable purchase. UV-curable cyanoacrylate is the leading product category in the global glass bonding adhesives market at present, though it is likely to face increasing competition from silicone in the coming years. The medical devices industry, in particular, is likely to emerge as a key consumer of silicone-based glass bonding adhesives in the coming years.

The furniture and electronics segments are likely to be the vital consumers for the global glass bonding adhesives market in the coming years. The use of glass in electronics has been a constant due to its use in display equipment, but the recent spate of technological advances has made glass even more important to the industry, as modern grades of glass have superior physical properties that make them a clear advance over conventional glass and have thus become an even more important design element in the electronics sector. The rising use of glass in the furniture sector is due to their aesthetic benefits in an industry dominated by conventional materials such as wood and metal.

The booming construction industry in emerging regions is likely to make them vital for the global glass bonding adhesives market in the coming years. The rising disposable income of consumers in emerging economies has made them more likely to invest in more expensive furniture models, which more commonly contain glass. The rising disposable income of consumers in the Middle East, Asia Pacific, and Latin America is also likely to drive the electronics industry in these regions, lending a boost to the glass bonding adhesives market.

Global Glass Bonding Adhesives Market: Overview

In the last few years the global glass bonding adhesives market has witnessed considerable growth, which is expected to persist through the course of the report’s forecast period from 2017 to 2025. Glass bonding adhesives are in high demand due to their characteristics such as high bond strength, low temperature resistance, excellent adhesion property, high bond strength, and low thermal expansion. Owing these properties, glass bonding adhesives are used across medical, furniture, electronics, transportation, and industrial assembly industries.

UV curable cyanoacrylate, polyurethane, UV curable epoxy, and silicone are the most common types of glass bonding adhesives available in the market presently. Of these, the demand for UV curable cyanoacrylate is considerably high as they are suitable across diverse applications. However, over the course of the forecast period. The demand for silicone is expected to rise at a higher pace due to its increasing usage in electronics and medical industries.

The report presents a comprehensive market overview covering the various factors influencing its growth. It segments the market based on various criteria and evaluates the factors influencing its growth across them. A detailed analysis of the key restraints is included in the report as well. In addition, the report the impact of Porter’s five forces on the overall market. The analysis is intended to gauge the bargaining power of suppliers and buyers, threat from substitutes and new entrants, and the degree of competition prevailing in the market.

Global Glass Bonding Adhesives Market: Trends and Opportunities

The global bonding adhesives market will majorly gain from the rising demand from end-use industries such as electronics, medical, furniture, transportation, industrial assembly, and others. These industries are expected to remain key application segments for the market through the forecast period. Hence factors stirring changes in them will have a significant influence in the overall glass bonding adhesives market.

The demand for glass bonding adhesives is significantly high in the furniture industry. Opportunities for the furniture industry in emerging nations are immense, as the consumers in these countries demonstrate greater affordability and willingness to spend on beautification of their homes. Consequently, the glass bonding adhesives market will gain considerable traction in the emerging markets. In addition, these nations exhibit a high demand for advanced electronics, which yet another application segment in the global glass bonding adhesives segment.

Global Glass Bonding Adhesives Market: Regional Outlook

Among the key regional markets, the glass bonding adhesives market will witness considerable growth in Asia Pacific. The expanding electronics and medical industries in the region will fuel the demand for glass bonding adhesives in Asia Pacific. Besides this, the market will also witness lucrative opportunities in North America. Growth in this region will be mainly driven by the presence of several well-established industry. In addition, the opportunities witnessed in the Middle East and Africa will prove lucrative for enterprises operating in the glass bonding adhesives market.

Global Glass Bonding Adhesives Market: Vendor Landscape

Ashland Inc., H.B. Fuller Company, 3M Company, Dymax Corporation, The Dow Chemical Company are some of the key enterprises operating in the global glass bonding adhesives market. All these companies enjoy stronghold in the global glass bonding adhesives market and is expected to remain stable through the forecast period. In order to expand their footprint, these companies will target emerging nations. Many of them are also investing in diversifying their product portfolios to emerge dominant in the market. Policies adopted by these companies are expected to have a significant influence on the global glass bonding adhesives market.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?