Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Glass Bonding Adhesives Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Glass Bonding Adhesives Market. The research
study also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Glass Bonding Adhesives Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Glass
Bonding Adhesives Market is offered.
Market
Insights:
In accordance with the report, the Glass Bonding
Adhesives Market is projected to expand at a CAGR of X.X% over the period of forecast. The global Glass Bonding Adhesives Market was
valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn in 2031,
growing with a significant CAGR rate during the forecast period. The market for
glass bonding adhesives has grown significantly in recent years, and this trend
is expected to continue in the future. Glass bonding adhesives are utilised in
a wide range of end-use industries, including furniture, medical, electronics,
industrial assembly, transportation, and others, due to their unique qualities
such as low temperature resistance, strong bond strength, great adhesion, and
low thermal expansion. The type of glass bonding glue used is determined by the
nature of the application and the substrate to be bonded. There are various
elements to consider when deciding which type of glass bonding adhesive is
ideal for the job. During the forecast period, rising demand for glass bonding
adhesives from different end-use sectors such as automotive, aerospace,
electronics, and others in emerging Asia Pacific countries is expected to drive
market expansion. Due to severe environmental regulations, the global glass
bonding adhesives market is primarily driven by the increasing usage of
non-hazardous, green, and sustainable adhesives. One of the primary drivers of
the glass bonding adhesives market is the increasing usage of glass bonding
adhesives in UV curing technology. The market is likely to be fueled by a high
demand for durable, sturdy, and thermally resistant electrical products. Over
the projected period, demand for glass bonding adhesives is expected to rise
due to the growing popularity of light-weight and fuel-efficient vehicles
around the world. Owing to increase demand for glass bonding adhesives in the
construction, automotive, and electronics industries in the region, Asia
Pacific dominated the global glass bonding adhesives market in 2020. The market
is predicted to rise because to increased production and sales of automobiles
and electronics in Japan, China, and India. Because of the increasing demand
for glass bonding adhesives from the reviving construction, automotive, and
aerospace industries, North America accounted for the second biggest market
share in 2020. The market in this region is predicted to increase due to rising
demand for lightweight automotive parts due to environmental concerns.
Research
Methodology:
To compile
the detailed study of the global Glass Bonding Adhesives market, a robust
research methodology has been adopted that aids in determining the key insights
and also evaluates the growth prospects of the Glass Bonding Adhesives Market. Comprehensive and iterative research methodology
focused on minimizing deviance in order to provide the most accurate estimates
and forecast possible. The company utilizes a combination of bottom-up and
top-down approaches for segmenting and estimating quantitative aspects of the
market. Our research methodology implements a mix of primary as well as
secondary research. Our projects are initiated with secondary research, where
we refer to a variety of sources including trade databases; government published
documents, investor presentations, company annual reports, Industrial papers,
and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Glass Bonding Adhesives Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Glass
Bonding Adhesives market was affected negatively due to the shutdown of
manufacturing/processing facilities for some time. The analysts have also
focused on the key measures that the companies are opting to withstand the
harsh scenario.
Segment
Covered:
Glass Bonding Adhesives Market report has been segmented By Product Type, By End-Use
Industry and geography also includes the market size and forecast for all these
segments. Compounded annual growth rates for all segments have also been
provided for 2022 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Glass Bonding Adhesives Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Glass Bonding
Adhesives Market,
By Product type, 2022-2031 (USD Million)
·
Polyurethane
·
Silicone
·
UV Curable
Acrylate
·
UV Curable
Epoxy
·
Others
Glass Bonding Adhesives Market, By End-Use Industry, 2022-2031 (USD
Million)
·
Electronics
·
Furniture
·
Industrial
Applications
·
Medical
·
Transportation
·
Others
Report
Highlights:
The prime objective of the Glass Bonding
Adhesives market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Glass Bonding
Adhesives Market, By Region, 2022-2031 (USD Million)
·
North America ( United
States, Canada, Mexico)
·
Europe (Germany, UK,
France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia ( India,
Pakistan and Bangladesh)
·
East Asia (China,
Japan and South Korea)
·
South East Asia (Indonesia,
Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East (Turkey,
Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa (Nigeria,
South Africa, Egypt, Algeria, Rest of Africa)
·
South America (Brazil,
Argentina, Colombia, Chile, and Rest of SA)
·
Oceania (Australia
and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Glass
Bonding Adhesives market:
·
3M Company
·
Ashland Inc
·
Dymax
Corporation
·
H.B. Fuller
Company
·
Henkel AG
& Co. KGaA
·
KIWO
·
Permabond
Engineering Adhesives
·
Sika A.G.
·
The Dow
Chemical Company
·
Others
Glass
Bonding Adhesives Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market players
use this information to maintain and expand their market presence, thus it's
important to have an unbiased perspective on market performance.