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Glass Bonding Adhesives Market Size Worth $4.42 Billion By 2025 | Grand View Research, Inc.

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Glass Bonding Adhesives Market Size Worth $4.42 Billion By 2025 | Grand View Research, Inc.

November 29
15:22 2020
Glass Bonding Adhesives Market Size Worth $4.42 Billion By 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc., The global glass bonding adhesives market size was estimated at USD 2.36 billion in 2016 and is expected to rise at a predicted CAGR of 7.2% over the forecast period. These glues are specifically used for the adhesion of glass to numerous substrates. Automotive & transportation, furniture, and construction are the major end-users of the industry.

The global glass bonding adhesives market is expected to reach USD 4.42 billion by 2025, at a registered CAGR of 7.2%, according to a report by Grand View Research, Inc. Central & South America is estimated to witness high industry growth by 2025. The electronics & appliances and medical device applications are estimated to offer key opportunities for the industry growth.

UV curing, urethane, acrylics, and silicone are primarily utilized as bonding agents in various electronics & appliance products owing to their significant thermal barrier properties. Camera lens, computer screens, mobile displays, liquid crystal displays (LCD), LED display lamps, flat panel displays, and other electronic products require bonding agents for the adhesion of glass sheets with other composite and metal substrates.

Master Bond LLC offers LED curable glues for the efficient bonding of tinted or UV blocked glass substrates. The products are characterized by their outstanding light transmission properties, consistent process control, low energy consumption, and uniform intensity output.

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https://www.grandviewresearch.com/industry-analysis/glass-bonding-adhesives-market/request/rs1

https://www.grandviewresearch.com/static/img/research/us-glass-bonding-adhesives-market.png

Electronics & appliances is estimated to offer lucrative opportunities in the industry over the forecast period, especially in Asia Pacific. The presence of major electronic components, as well as appliance manufacturers in the region, is estimated to enhance the product assembly activities, thus promoting the use of superior glass bonding glue over the years ahead.

Further key findings from the report suggest:

  • In terms of revenue, electronics & appliances application in the glass glues industry is expected to rise at an estimated CAGR of 7.7% over the forecast period. This application segment constituted a revenue share of 12.7% in 2016.
  • The rising use of nanotechnology for improving the light curing process technologies of glass glues is expected to be a key technological trend in the next couple of years
  • SW Products Ltd., a UK-based adhesives provider offers Nano470 High Strength Adhesive. The product facilitates superior adhesion of glass to glass and to metal substrates. Nano470 can be cured by using a white fluorescent light and does not require UV light.
  • In June 2017, DELO developed DELO PHOTOBOND GB4033, a new light-curing acrylate adhesive for applications in the consumer electronics sector. The product exhibits outstanding peel resistance against glass & plastic substrates and good sealing properties against humidity, moisture, and dust.
  • In terms of revenue, the industry growth in Germany is estimated to expand at a predicted CAGR of 6.2% over the forecast period
  • In March 2017, H.B. Fuller established a new regional office in Dubai, UAE, to cater to the rising demand for adhesives and sealants in the Middle East, Egypt, Germany, and India

The U.S. accounted for the largest volume share of the total market in the North America region in 2016. The existence of well-established end-use markets including automotive & transportation, electronics, appliances, and furniture have been the key drivers of the product. Moreover, the recovery of the construction sector is estimated to boost the use of glass glues, especially in façade and ceiling constructions over the upcoming years.

Stringent regulations governing the VOC emissions from glues utilized in the industrial assembly of automotive body components, electronic components, and building & construction products are likely to propel the manufacturing and use of radiation cured, solvent free, and isocyanate free bonding agents.

The regulatory scenario in the U.S. is expected to provide favorable scope for the use of solvent free glues in the future. For instance, in 2015, the Massachusetts Department of Environmental Protection (MassDEP) revised the VOC emission limits for adhesives based on the application on various substrates. For fiberglass substrates, the emission limits were set at a value of 200 g/l, while for others the standard was increased to 250 g/l.

Have some specific queries about this report, our team of analyst will be glad to help!

New and technologically advanced product launches, acquisitions, joint ventures, significant forward integration of business operations across the value chain, and sustainability development are the major strategies implemented by manufacturers to strive for optimum business growth.

H.B. Fuller; Henkel AG & Co. KGaA; The 3M Company; Ashland Inc.; Sika AG; and The Dow Chemical Company are some of the major players operating in the industry. Dymax Corporation; DELO Industrial Adhesives; Permabond LLC; and Master Bond Inc. are few other important industry players.

In May 2017, Henkel AG & Co. KGaA launched HY 4080 GY and HY 4090, a new range of hybrid adhesives under the Loctite brand. The products are capable of bonding various substrate materials required in LED lighting, speakers, and sign bonding applications.

UV cured, silicone, acrylic, and polyurethane are the major product segments included in the research study. UV cured adhesives accounted for the largest revenue share of 40.3% in 2016. The product demand is likely to be driven by key application sectors such as furniture, medical devices, electronics, and automotive & transportation.

https://www.grandviewresearch.com/static/img/research/global-glass-bonding-adhesives-market.png

UV cured glues are favorably used for glass bonding applications owing to their high optical clarity and significant resistance against yellowing, impact load, and thermal shock. Furthermore, the products offer low-stress points as compared to other mechanical and thermal fastening methods and keep the overall aesthetic features of the finished goods intact.

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These products are highly utilized in glass to glass as well as glass to metal bonding applications such as automotive latches, potting of industrial product components, stemware, electronics & appliance assemblies, optical assembly, and furniture sectors.

Grand View Research has segmented the global glass bonding adhesives market on the basis of product, application:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • UV Cured
  • Polyurethane
  • Acrylic
  • Silicone
  • Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

  • Construction
  • Furniture
  • Automotive & Transportation
  • Electronics & Appliances
  • Consumer Goods
  • Medical Devices
  • Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/glass-bonding-adhesives-market

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