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.
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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
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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.