The Glass Bonding Adhesives Market is witnessing significant trends that are reshaping the industry landscape. As industries continue to evolve, the demand for advanced adhesive solutions to bond glass surfaces has surged. One notable trend is the increasing preference for UV-curable glass bonding adhesives. These adhesives offer quick curing times, enhancing efficiency in manufacturing processes. UV-curable adhesives also contribute to environmental sustainability by reducing energy consumption compared to traditional curing methods. This shift towards eco-friendly solutions aligns with the growing emphasis on sustainable practices across industries.
Furthermore, the automotive sector plays a pivotal role in driving the market trends of glass bonding adhesives. With the rising adoption of lightweight materials in automotive manufacturing, there is a growing need for strong and durable bonding solutions for glass components. Glass bonding adhesives offer enhanced structural integrity, contributing to the overall safety and performance of vehicles. The automotive industry's continual pursuit of innovation and safety standards is fueling the demand for advanced bonding technologies, thereby influencing market trends.
In addition to automotive applications, the electronics industry is also contributing to the growth of the glass bonding adhesives market. As electronic devices become more compact and sophisticated, the need for reliable and efficient bonding solutions for glass substrates in displays and touchscreens is on the rise. Glass bonding adhesives provide a seamless and aesthetically pleasing bond, ensuring the durability and longevity of electronic devices. This trend is likely to persist as consumer electronics continue to advance in design and functionality.
Another noteworthy trend is the expansion of the construction industry, especially in emerging economies. As urbanization and infrastructure development accelerate, there is a growing demand for glass bonding adhesives in architectural applications. These adhesives play a crucial role in bonding glass panels for facades, windows, and other structural elements. The construction industry's focus on modern and sustainable building practices further propels the adoption of advanced glass bonding solutions.
Moreover, market players are actively engaged in research and development activities to introduce innovative formulations and product offerings. This trend is driven by the need to address specific challenges in diverse applications, such as extreme temperature resistance, flexibility, and compatibility with various substrates. The continuous pursuit of technological advancements and product differentiation is fostering healthy competition within the glass bonding adhesives market, benefitting end-users with a diverse range of high-performance options.
Globalization and international trade are also influencing market trends in the glass bonding adhesives industry. Manufacturers are expanding their geographical presence to cater to the increasing demand in different regions. This expansion is often accompanied by strategic partnerships and collaborations to leverage local expertise and market insights. As a result, the market is witnessing a shift in regional dynamics, with emerging economies becoming key players in the global supply chain.
Glass Bonding Adhesives Market is expected to grow at Significant CAGR from 2021-2030 as per MRFR Analysis
Glass bonding adhesives are designed to offer optimal performance even upon exposure to hostile conditions. The glass bonding adhesives are solvent free and do not emit VOCs during cure. They form high-strength, durable, and water-resistant bonds to glass, plastic, as well as metal substrates.
The global glass bonding adhesives market is primarily driven by the increasing adoption of non-hazardous, green, and sustainable adhesives due to stringent regulations pertaining to environmental protection. The increasing use of glass bonding adhesives in UV curing technology is one of the major drivers of the glass bonding adhesives market. Rising demand for glass bonding adhesives from various end-use industries such as automotive, aerospace, electronics, and others in emerging countries of Asia Pacific is likely to propel the market growth during the review period. The increasing prevalence of light-weight and fuel-efficient automotive across the globe is expected to drive the demand for glass bonding adhesives over the forecast period. High demand for durable, strong, and thermal resistant electronics appliances is expected to fuel the market for glass bonding adhesives. Within the Fast and Stable Adhesive Curing with Debonding Option (FACIDO) project, which started in 2017, modified adhesives containing curie-particles is likely to enable a robust adhesive bonding process by means of induction heating, envisaging materials such as glass, reinforced plastics, and metals. This process is expected to offer rapid curing even to the thick bond line as compared to the conventional heating. Moreover, the induction heating is safe, infinitely controllable, and compact, which makes it suitable and easy to use. Thus, the ongoing research & development to develop such bonding process using induction heating with short curing time is expected to boost the market growth. However, the high cost of glass bonding adhesives is likely to challenge the market growth during the assessment period.
Many of the market players are focussing on key developments such as expansion, acquisition, merger, and others. For instance, in May 2017, Henkel AG & Co. KGaA introduced innovative adhesives named ‘Loctite HY 4090’ and ‘Loctite HY 4080 GY’ which offer bond strength, speed, and durability. These innovations created opportunities for designers and OEM engineers looking for ways to improve assembly applications or streamline the process and to help overcome costly challenges. Furthermore, H.B Fuller announced acquisition of Royal Adhesives & Sealants for USD 1.575 billion as the company’s strategy for global growth. Considering these trends, the global glass bonding adhesives market is expected to grow considerably during the review period, 2018-2023.
Global Glass Bonding Adhesives, by the End-use Industry (%)
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Source: MRFR analysis
The global glass bonding adhesives market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific dominated the global glass bonding adhesives market in 2016 owing to the high demand for glass bonding adhesives from construction, automotive, and electronics industry in the region. High production and sales of automotive and electronics in Japan, China, and India are expected to drive the market growth. Â
North America accounted for the second largest market share in 2016 on account of the high demand for glass bonding adhesives from the reviving construction, automotive, and aerospace industry. The increasing demand for lightweight automotive parts due to environmental concerns is expected to drive the market growth in this region.
Europe is expected to grow due to the high production and sales of automotive parts in Western European countries. Moreover, the substantial spending on healthcare in Europe is expected to drive the market growth.
Latin America is projected to witness a considerable growth due to growing automotive industry in Mexico, Brazil, and others.
The Middle East & Africa is likely to witness a significant growth due to the burgeoning infrastructural investments in the GCC countries.
The global glass bonding adhesives market is segmented on the basis of the type, end-use industry, and region.
On the basis of the type, the global glass bonding adhesives market is segmented as polyurethane, modifies silanes adhesives, silicone adhesives, acrylate adhesives, epoxy adhesives, cyanoacrylate adhesives, polysulfides, UV/ LED curing, and others.
Based on the end-user industry, the global glass bonding adhesives market is segmented into automotive, aerospace, furniture, construction, electronics, consumer goods, medical, and others.Recent Development
Some of the manufacturers operating in the global glass bonding adhesives market are Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (U.S.), Sika AG (Switzerland), Dymax Corporation (U.S.), 3M (U.S.), DowDuPont (U.S.), KIWO (Germany), ThreeBond Holdings Co., Ltd. (Japan), Bohle AG (Germany), Ashland (U.S.), Master Bond Inc. (U.S.), and Permabond LLC. (U.K).
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