PUBLISHER: Lucintel | PRODUCT CODE: 1556727
PUBLISHER: Lucintel | PRODUCT CODE: 1556727
Glass Bonding Adhesive Trends and Forecast
The future of the glass bonding adhesive market looks promising with opportunities in the construction, furniture, automotive & transportation, electronics & appliances, consumer goods, and medical devices markets. The glass bonding adhesive market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing demand for durable and aesthetically pleasing glass products, rising use of glass in industries such as automotive and construction, and expanding adoption of this adhesive in electronics and furniture industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Glass Bonding Adhesive by Segment
The study includes a forecast for the global glass bonding adhesive by product, application, and region.
List of Glass Bonding Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies glass bonding adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the glass bonding adhesive companies profiled in this report include-
Glass Bonding Adhesive Market Insights
Lucintel forecasts that UV cured will remain the largest segment over the forecast period due to its widespread application in various sectors, such as furniture, medical devices, electronics, and automotive & transportation.
Within this market, automotive is expected to witness the highest growth due to substantial use of glass bonding adhesive in this sector for assembling, solidarity, and laminating automobile body parts, as well as bonding the windshields of cars and public transportation buses.
APAC is expected to witness the highest growth over the forecast period due to rising construction and infrastructure development projects, growing bonding adhesive consumption in OEM and aftermarket operations, and rapid urbanization and industrialization in the region.
Features of the Global Glass Bonding Adhesive Market
Market Size Estimates: Glass bonding adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Glass bonding adhesive market size by product, application, and region in terms of value ($B).
Regional Analysis: Glass bonding adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the glass bonding adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the glass bonding adhesive market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for glass bonding adhesive market?
Answer: The global glass bonding adhesive market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the glass bonding adhesive market?
Answer: The major drivers for this market are growing demand for durable and aesthetically pleasing glass products, rising use of glass in industries such as automotive and construction, and expanding adoption of this adhesive in electronics and furniture industries.
Q3. What are the major segments for glass bonding adhesive market?
Answer: The future of the glass bonding adhesive market looks promising with opportunities in the construction, furniture, automotive & transportation, electronics & appliances, consumer goods, and medical devices markets.
Q4. Who are the key glass bonding adhesive market companies?
Answer: Some of the key glass bonding adhesive companies are as follows:
Q5. Which glass bonding adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that UV cured will remain the largest segment over the forecast period due to its widespread application in various sectors, such as furniture, medical devices, electronics, and automotive & transportation.
Q6. In glass bonding adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to rising construction and infrastructure development projects, growing bonding adhesive consumption in OEM and aftermarket operations, and rapid urbanization and industrialization in the region.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.