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Glass Bonding Adhesives Market Size (2024 - 2029)

The glass bonding adhesives market is projected to experience growth driven by rising demand from various end-user industries, despite challenges posed by the COVID-19 pandemic. The automotive and transportation sector is anticipated to lead the market, with the Asia-Pacific region emerging as the largest and fastest-growing area due to increased consumption in countries like China, India, and Japan.

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Market Size of Glass Bonding Adhesives Industry

Glass Bonding Adhesives Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Glass Bonding Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Glass Bonding Adhesives Market Analysis

The market for glass bonding adhesives is expected to register a CAGR of over 4%, globally, over the forecast period. The major factor driving the market is the increasing demand from various end-user industries. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

  • The automotive & transportation industry is expected to dominate the global glass bonding adhesives market over the forecast period.
  • Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.

Glass Bonding Adhesives Industry Segmentation

The Glass Bonding Adhesives Market report includes:

Type
Epoxy
Silicone
Polyurethane
UV Cured
Others
End-user Industry
Furniture
Healthcare
Electrical & Electronics
Automotive & Transportation
Building & Construction
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Glass Bonding Adhesives Market Size Summary

The glass bonding adhesives market is poised for steady growth, driven primarily by increasing demand from diverse end-user industries. The automotive and transportation sector is anticipated to lead the market, as these adhesives are crucial for reducing vehicle weight and enhancing fuel efficiency by replacing traditional fastening methods. In addition to automotive applications, the aerospace industry also utilizes glass bonding adhesives for various components, further bolstering market demand. Despite challenges posed by the COVID-19 pandemic, which has impacted production and supply chains, the market is expected to recover and expand, supported by the rising need for lightweight materials in vehicle manufacturing and the growing demand for commercial aircraft.

Regionally, the Asia-Pacific area is projected to be the largest and fastest-growing market for glass bonding adhesives. This growth is attributed to the region's robust economic development, expanding manufacturing sectors, and significant foreign investments. Countries like China, South Korea, and Taiwan are central to this expansion, given their roles in electronics production and automotive manufacturing. The region's adoption of stringent environmental regulations is also driving the shift towards more sustainable adhesive solutions. Despite past declines in automotive production, particularly in China and India, the market is expected to stabilize and grow, fueled by increased production and the adoption of electric vehicles. The global market remains partially fragmented, with key players such as Henkel AG & Co. KGaA, H.B. Fuller Company, 3M, DuPont, and Sika AG leading the industry.

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Glass Bonding Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand from Various End-user Industries

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Unfavorable Conditions Arising Due to COVID-19 Outbreak

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Epoxy

      2. 2.1.2 Silicone

      3. 2.1.3 Polyurethane

      4. 2.1.4 UV Cured

      5. 2.1.5 Others

    2. 2.2 End-user Industry

      1. 2.2.1 Furniture

      2. 2.2.2 Healthcare

      3. 2.2.3 Electrical & Electronics

      4. 2.2.4 Automotive & Transportation

      5. 2.2.5 Building & Construction

      6. 2.2.6 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Glass Bonding Adhesives Market Size FAQs

The Glass Bonding Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Henkel AG & Co. KGaA, H.B. Fuller Company, 3M, DuPont and Sika AG are the major companies operating in the Glass Bonding Adhesives Market.

Glass Bonding Adhesives Market Report Snapshots

Glass Bonding Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)