Glass Adhesive Market Overview
Adhesive is widely used as a bonding agent for glass to glass and glass to other materials. Adhesive is used to bind glasses in a variety of industries, including furniture, electronics, automotive, and medical. UV curable adhesive, hybrid adhesives, epoxy adhesive, and acrylic structural adhesives are among the glass bonding adhesives available on the market.
The type of glass bonding adhesive used is determined by the design of the application and the substance to be bonded. There are several considerations to consider when deciding which form of glass adhesive is best for job. Nature of the substance, temperature, stress during bonding, and so on are all factors to consider.
UV curable adhesive, among the glass bonding adhesives listed above is widely used in a variety of applications because it is suitable for both high-speed production and manual applications.
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What is Driving Demand of Glass Adhesive Market?
Huge investments are being made in developing countries to build automotive, aerospace, infrastructure construction, and rail infrastructure. This expansion necessitates the use of a high-quality, high-performance adhesive. It has a track record of delivering excellent results at a low cost and with minimal assembly time.
As a result, it dominated the conventional adhesive market and became a necessity for discrete production and assembly industries. Among other glass adhesive, UV curable epoxy and silicone type adhesive are expected to be the fastest-growing.
These non-hazardous glass adhesive are more technologically advanced than conventional convent adhesive. Owing to aforementioned advantages and factors, glass adhesives are poised to experience substantial growth in the forecast years.
How Silicone Type Glass is Adhesive are Impacting Demand Growth?
Among glass adhesives types, silicon is the fastest-growing segment. The demand for silicon type has increased as technology advances in medical, electronics, and glass bonding industries.
The demand may be restrained by rising raw material prices. They are more costly than traditional adhesive, which is limiting the demand from the consumer’s perspective. Moreover, advances are being made in traditional adhesive technology, which is having negative impact on these adhesives demand and posing challenges, especially for UV cured glass adhesive.
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US and Canada Glass Adhesive Market Outlook
Because of the high demand for product from the reviving buildings, automotive, and aerospace industries, U.S. and Canada accounted for major market share. The market is these countries is expected to rise due to rising in the demand for lightweight automotive parts amid environmental concerns arising from end-users.
This is primarily due to the presence of some of the most important players of the glass adhesives in the country. Moreover, US government taking up renovation projects for its ailing infrastructure is anticipated to in turn drive its adhesives demand.
Asia Pacific Region Demand Outlook of Glass Adhesive
Because of the high demand for product in the buildings, automotive and electronics industries in the region, Asia Pacific dominated the market. The market is expected to expand due to increase in production and sales of automotive and electronics in Japan, China, and India.
The application of this product in electronics and medical sectors is on the rise in Asia Pacific region in the past years. Furthermore, due to factors such as the availability of cheap labor, an increase in foreign investments, the manufacturing industries growth, demand generated from several end-use industries is on the higher side.
Countries such as China, Taiwan, and Korea are manufacturing hubs for electronic devices, so APEJ is expected to be the leading region for market growth.
Who are the Key Suppliers/Manufacturers for Glass Adhesive?
Key players operating in this market are
- H.B. Fuller Co.
- The 3M Company
- Perma Bond Engineering Adhesives Ltd.
- The Dow Chemical Company
- Three Bond Holdings Co. Ltd.
- Sika A.G
- Bohle Group
- Henkel A.G & Co. KGAA
- Dymax Corporation
- Ashland Inc.
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