PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1515424
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1515424
Glass Bonding Adhesives Market, By Product Type, By Application, By End User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Glass Bonding Adhesives Market size was valued at USD 4,409.32 Million in 2023, expanding at a CAGR of 6.20% from 2024 to 2032.
Automotive manufacturers use glass bonding adhesives for windshield bonding, sunroof installations, and structural bonding to improve vehicle aesthetics and safety. In architecture, glass bonding adhesives are essential for installing glass facades, structural glazing, and interior glass fittings. Adhesives are replacing traditional bonding methods (e.g., welding) in automotive assembly, promoting their use in glass bonding for vehicle light-weighting and design flexibility. The initial investment required for switching to adhesive bonding methods can be higher compared to traditional methods, which may deter some industries, especially in cost-sensitive sectors. The shift towards electric vehicles necessitates lightweight materials like glass bonded with adhesives to improve efficiency and range, presenting a significant opportunity. There is potential for expanding applications beyond traditional sectors into new areas such as electronics, medical devices, and renewable energy technologies.
Glass Bonding Adhesives Market- Market Dynamics
Increasing Use in the Construction Sector Across the World
The global construction sector has been experiencing significant growth, driven by urbanization, infrastructure development, and increasing demand for residential and commercial spaces. This expansion has led to a corresponding rise in the demand for specialized construction materials, including glass-bonding adhesives. There is a growing preference for sleek and modern architectural designs that incorporate extensive use of glass. Adhesives allow for the seamless integration of glass components without visible mechanical fixings, enhancing the visual appeal of buildings. According to the data, the construction Industry in India is expected to reach $1.4 Tn by 2025 and a projected 600 Mn people are likely to be living in urban cores by 2030, creating a demand for 25 Mn added mid-end and affordable units. Increasing focus on building safety and sustainability has prompted the adoption of adhesives that comply with stringent regulatory standards for construction materials.
Glass Bonding Adhesives Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.20% over the forecast period (2024-2032)
Based on product type segmentation, UV Curable Adhesive was predicted to show maximum market share in the year 2023
Based on application segmentation, Automotive was the leading type in 2023
Based on region, Asia Pacific was the leading revenue generator in 2023
Glass Bonding Adhesives Market- Segmentation Analysis:
The Global Glass Bonding Adhesives Market is segmented on the basis of Product Type, Application, End User, and Region.
The market is divided into four categories based on product type: UV Curable Adhesive, Silicone Adhesives, Polyurethane Adhesives, and Acrylic Adhesive. The majority of sales came from UV-cured adhesives. Key application areas like furniture, electronics, automotive, and transportation are probably going to be the main drivers of product demand. Because of their strong resistance to impact stress, heat shock, yellowing, and yellowing, UV-cured glues are a preferred choice for glass bonding applications. Additionally, compared to alternative mechanical and thermal attachment techniques, the solutions provide minimal stress points and preserve the finished goods' overall visual appeal.
The market is divided into two categories based on application: Automotive, Construction, Consumer Goods, Medical Devices, and Others. Car and public transportation bus windscreens are bonded together using glass adhesives. Due to the expansion of the automotive aftermarket sector, particularly in developing nations, the automotive and transportation sectors are expected to continue ranking among the top consumers. Glass adhesives are predicted to be more popular in the automobile industry than alternative joining or attaching products due to a tendency towards reducing the total weight of the vehicle's body parts.
Glass Bonding Adhesives Market- Competitive Landscape:
Recent Developments:
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL GLASS BONDING ADHESIVES MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032
GLOBAL GLASS BONDING ADHESIVES MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
GLOBAL GLASS BONDING ADHESIVES MARKET, BY END USER- MARKET ANALYSIS, 2019 - 2032
GLOBAL GLASS BONDING ADHESIVES MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
Table of Contents
1. Glass Bonding Adhesives Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Glass Bonding Adhesives Market Snippet by Product Type
- 2.1.2. Glass Bonding Adhesives Market Snippet by Application
- 2.1.3. Glass Bonding Adhesives Market Snippet by End User
- 2.1.4. Glass Bonding Adhesives Market Snippet by Country
- 2.1.5. Glass Bonding Adhesives Market Snippet by Region
3. Glass Bonding Adhesives Key Market Trends
4. Glass Bonding Adhesives Industry Study
5. Glass Bonding Adhesives Market: COVID-19 Impact Analysis
6. Glass Bonding Adhesives Market Landscape
7. Glass Bonding Adhesives Market - By Product Type
8. Glass Bonding Adhesives Market - By Application
9. Glass Bonding Adhesives Market - By End User
10. Glass Bonding Adhesives Market- By Geography
11. Key Vendor Analysis- Glass Bonding Adhesives Industry
12. 360 Degree Analyst View
13. Appendix
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Glass Bonding Adhesives Market: Product Type Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Product Type
- TABLE Global Glass Bonding Adhesives Market, by Product Type 2019-2032 (USD Million)
- TABLE Glass Bonding Adhesives Market: Application Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Application
- TABLE Global Glass Bonding Adhesives Market, by Application 2019-2032 (USD Million)
- TABLE Glass Bonding Adhesives Market: End User Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by End User
- TABLE Global Glass Bonding Adhesives Market, by End User 2019-2032 (USD Million)
List of Figures
