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The global glass bonding adhesives market exhibited moderate growth during 2015-2020. Glass bonding adhesives are agents that are designed for joining two surfaces like glass to glass or to other substrates, including plastics, metals and rubbers. They are manufactured using different materials such as cyanoacrylate, epoxy, polyurethane, and silicone. Glass bonding adhesives offer exceptional performance at low cost as they are easy to apply, and have high strength bond and adhesion, and resistance to low temperature. As a result, these adhesives have gained immense preference across various end use industries, such as construction, furniture, automotive & transportation, electronics, consumer goods and medical devices.
The global glass bonding adhesives market is primarily driven by their growing usage in automobile headlamps, glassware, stemware, art glass, bevel bonding, furniture, point of sale displays, crystal figurines, optical glass lenses, equipment panels and optical displays for equipment. Apart from this, glass bonding adhesives are employed in the healthcare sector to design modern pharmaceutical systems to optimize targeted drug delivery and drug release rate. In the automotive industry, glass bonding adhesives are used as an efficient alternative for nuts and bolts as they reduce the overall weight of the vehicle. Furthermore, several favorable regulations adopted by governments of various nations to improve the healthcare industry are also catalyzing the market growth. Besides this, the advancements in bonding technology and the development of sustainable non-hazardous glass bonding adhesives have created vast opportunities for manufacturers in the construction and electronic industries. For instance, these adhesives are widely utilized in smartphones, earphones, headphones, speakers, and other consumer electronics. Similarly, the application of glass as a reinforcing element in windows and the increasing use of facades in buildings have escalated the demand for glass bonding adhesives. Looking forward, IMARC Group expects the global glass bonding adhesives market to grow at a CAGR of around 6% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global glass bonding adhesives market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Ashland Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation, H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Permabond LLC, Sika AG, The 3M Company and The Dow Chemical Company.
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