Chemicals

5 Key Takeaways From The Glass Bonding Adhesives Market Report 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

 

As per The Business Research Company’s Glass Bonding Adhesives Global Market Report 2024, the glass bonding adhesives market is expected to show significant growth in the forecast period.

 

 

The glass bonding adhesives market has witnessed robust growth in recent years, with significant projections for the future.

  • Historical Growth Factors
    • Automotive industry expansion
    • Rise in renewable energy projects
    • Demand for aesthetic designs
    • Increased glass usage in furniture
    • Growth in medical device manufacturing
    • Environmental concerns driving sustainable solutions
  • Projected Growth Trends
    • Electric vehicle adoption
    • Increased use of wearables
    • Aerospace industry expansion
    • E-commerce growth
    • Rapid urbanization
    • Adoption of energy-efficient building standards

 

 

View More On The Glass Bonding Adhesives Market Report 2024 – https://www.thebusinessresearchcompany.com/report/glass-bonding-adhesives-global-market-report

 

 

Expanding Automotive Industry Drives The Glass Bonding Adhesive Market

The automotive industry stands out as a primary driver for the glass bonding adhesive market.

  • Automotive Industry Expansion
    • Utilization in vehicle assembly bonding process
    • Adoption of advanced materials for vehicle design
    • Example: UK car production increase in 2022
  • Key Players in the Market
    • AkzoNobel NV
    • Henkel AG & Co KGaA
    • Sika AG
    • Dow Inc.
    • Others (list provided)

 

 

Advancement In Bonding Technology

Continuous innovation in bonding technology is a significant trend shaping the glass bonding adhesive market.

  • Innovative Products
    • Introduction of Loctite 3296 by Henkel AG & Co. KGaA
    • Dual-cure adhesive for lens bonding in ADAS sensors
    • Benefits include low post-cure temperatures and high cure depth

 

 

Sika AG Acquired Hamatite

Strategic acquisitions contribute to market dynamics, enhancing product portfolios and market presence.

  • Acquisition Details
    • Sika AG acquired Hamatite in April 2021
    • Aimed at expanding product range in the Japanese construction sector
    • Strengthened market presence in Japan

 

 

Market Segmentation

Understanding market segments is crucial for strategic planning and targeting specific industry needs.

  • Segmentation Parameters
    1. By Type: Polyurethane, Modified Silanes Adhesives, Silicone Adhesives, Acrylate Adhesives, Epoxy Adhesives, Cyanoacrylate Adhesives, Polysulfides, UV Or LED Curing, Other Types
    2. By Application: Construction, Furniture, Automotive And Transportation, Electronics And Appliances, Consumer Goods, Medical Devices, Other Applications
    3. By End-Use Industry: Automotive, Aerospace, Furniture, Construction, Electronics, Consumer Goods, Medical, Other End-Use Industries

 

 

Asia-Pacific Dominates the Market

Geographical insights provide valuable information on regional market dominance.

  • Market Leadership
    • Asia-Pacific led the glass bonding adhesives market in 2023
    • Signifies the region’s significance in industry growth

In conclusion, the glass bonding adhesives market exhibits promising growth fueled by diverse industries and technological advancements. As key players innovate and expand their offerings, the market is poised for continued expansion, particularly in sectors like automotive, construction, and electronics. Strategic acquisitions and market segmentation further contribute to market dynamics, ensuring tailored solutions for various applications. With Asia-Pacific leading the charge, the global market outlook remains optimistic, presenting opportunities for stakeholders across industries.

 

 

Request A Sample Of The Global Glass Bonding Adhesives Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=9211&type=smp

 

 

The Glass Bonding Adhesives Global Market Report 2024 provides an in-depth analysis on the glass bonding adhesives market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the glass bonding adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

 

View More Related Reports –

Insulating Glass Window Global Market Report 2024

Glass Curtain Wall Global Market Report 2024

Tempered Glass Global Market Report 2024

 

 

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