The global glass bonding adhesives market size was USD 3.45 Billion in 2022 and is likely to reach USD 6.78 Billion by 2031, expanding at a CAGR of 7.8% during the forecast period, 2023–2031. The market growth is attributed to the rising demand for glass bonding adhesive for various applications from industries such as furniture, building & construction, and automotive & transportation.
Adhesives are described as substances that hold two materials together and create an adhesive bond, which resists separation. Adhesives serve a functional purpose by attaching any two different surfaces together. These adhesives are made with various components including solvents, fillers, resins, and others. Different types of adhesives are used to bond different materials. Bonding two glass surfaces or bonding glass with a metal surface requires glass bonding adhesives. These adhesives are primarily used for attaching glass surfaces, as bonding glass with another glass or another surface is challenging.
Glass usually has a smooth surface that provides no friction. Therefore, bonding glass to glass, metal, or other surfaces can prove to be challenging. However, glass bonds are used to ensure high-strength bonding between glass and other substrates such as plastic, rubber, and metal. These adhesives are used with float glass, tempered glass, flat glass, optical glass lenses, and others.
There are various types of adhesives available, such as silicones, epoxies, UV-curable adhesives, polyurethane adhesives, and others. Silicone adhesives offer ease, speed, and weather resistance. Epoxy adhesives offer rubber-like properties once dried, which makes them an excellent choice for outdoor applications. UV curing adhesives dry down quickly when held in UV lights, which makes them a cost-effective and time-saving option. Polyurethane adhesives are the most commonly used adhesives in the automotive industry.
Glass bonding glues offer great design flexibility, reduction of the concentration of stress on the surface, and distribution of the load evenly across the surface. These adhesives are used for toughness, thermal stability, optical clarity, no yellowing, and chemical & moisture resistance as well.
Glass adhesives are used in various industries for various applications. Various industries such as automotive & transport, building & construction, electrical & electronics, furniture, and others have increasingly adopted these glass bonding glues to replace nuts and bolts to join two surfaces in recent years. Adhesives are used for household applications such as mending glassware as well.
COVID-19 Impact on Glass Bonding Adhesives Market
The global market was affected negatively during the COVID-19 period. The lockdown, social distancing policies, travel restrictions, and other pandemic-related regulations resulted in the unavailability of labor & raw materials, halts in production units, and disruption of supply chains.
Industries such as automotive & transportation, electrical & electronics, building & construction, and others suffered during the pandemic, which affected the global market negatively. However, the relaxation of pandemic-related regulations everywhere in recent years is expected to spur the growth of the market gradually during the forecast period.
Glass Bonding Adhesives Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The glass bonding adhesives market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2023 to 2031.
Major Trends
Ultra-violet (UV) curing technology is one of the current key market trends in the global market. Increasing stringent regulation for environmental protection across the globe has propelled manufacturers to adopt UV curing technology in glass bonding adhesive processes, as this technology is sustainable and non-hazardous. Surging usage of UV curing adhesives aid in boosting the market in the coming years.
Drivers
Rapid urbanization, increasing population, and rising disposable income led to an increase in demand for various types of vehicles across the globe. Glass adhesives are used in the industry for various applications such as headlamps, equipment panels, and windscreens. Rising demand for passenger vehicles, commercial vehicles, electric vehicles, and others boosts the global market growth.
There is a high demand for strong and durable electronic products across the globe. Technological advancements in the industry and rising disposable income among consumers drive the demand for innovative electronic products, which spurs the global market.
Restraints
Raw materials used in producing glass bonding adhesives are different and more expensive than the raw materials used in producing traditional adhesives. Expensive raw materials used in glass bonding adhesives increase prices for the adhesives, which hampers the growth of the global market.
Opportunities
Growing industries and industrialization across the globe boost the demand for increasing research & development activities as well as technologically advanced and innovative products. The surging demand for technologically advanced products, such as UV curing adhesives, offers growth opportunities to the market players across the globe.
Scope of Glass Bonding Adhesives Market Report
The global Glass Bonding Adhesives market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Glass Bonding Adhesives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Silicone, Polyurethane, UV Curable Cyanoacrylate, UV Curable Epoxy, Acrylic, and Others) and End-user (Healthcare, Building & Construction, Electrical & Electronics, Automotive & Transportation, Furniture, Industrial Assembly, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Glass Bonding Adhesives Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Henkel AG & Co. KGaA; Permabond LLC.; 3M; Ashland; THREEBOND INTERNATIONAL, INC; Sabre; Bohle Ltd.; Dow; Dymax; Sika AG; H.B. Fuller Company.; KIWO Inc.; DuPont; DELO Industrie Klebstoffe GmbH & Co. KGaA; Kissel + Wolf GmbH; Master Bond Inc.; Solvay; DAP Global Inc.; and Others
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Glass Bonding Adhesives Market Segment Insights
What Key Factors Contribute to the Rapid Expansion of the UV Curable Cyanoacrylate Segment?
In terms of type, the glass bonding adhesives market is divided into Silicone, Polyurethane, UV Curable Cyanoacrylate, UV Curable Epoxy, Acrylic, and others. The UV curable cyanoacrylate segment is estimated to register significant growth during the forecast period, as this type of glass adhesives is used in several applications in various industries.
UV curable cyanoacrylate cures quickly when exposed to ultra-violet (UV) light. This type of adhesive has high bond strength, good clarity, and resistance to yellowing. It is used mainly in the electrical & electronic industry, due to its rapid cooling properties. The UV curable epoxy segment is projected to expand rapidly in the coming years, as UV curable epoxy adhesive offer strong bonding between surfaces with minimum heat. This adhesive is used in applications that heat is not required or avoided for bonding.
UV curable epoxy adhesives offer several benefits such as reduced odor, tack-free surfaces, resistance to high temperature, chemical resistance, and others, which aid in surging demand for this adhesive in various industries.
Which Major Factors influence the Significant Growth of the Automotive & Transportation Segment?
On the basis of end-user, the glass bonding adhesives market is segregated into Healthcare, Building & Construction, Electrical & Electronics, Automotive & Transportation, Furniture, Industrial Assembly, and others. The automotive & transportation segment is estimated to register high growth during the forecast period, due to the increasing number of applications in the automotive & transportation industry.
Glass bonding adhesives are used in several applications such as sunroof assemblies, windscreens, sensor bonding, door glass, and others in the automotive & transportation industry. Surging usage of glass bonding glues, as a substitute for nuts and bolts during the vehicle manufacturing process, boosts the segment growth.
The furniture segment is expected to expand at a high CAGR in the coming years, owing to increased production and sales of furniture across the globe. Increasing population, changing lifestyles, and rising disposable income among consumers boosts the demand for various types of furniture that drives the segment’s growth.
Why is Demand for Glass Bonding Adhesives high in the Asia Pacific?
Based on region, the global glass bonding adhesives market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The glass bonding adhesives market in Asia Pacific is expected to register a high CAGR during the forecast period, owing to rapidly growing industries in the region.
Rapid industrialization, high economic growth rate, increasing foreign investments, and growing production & assembly facilities in the region are propelling the market in Asia Pacific. High electric product consumption in OEM and aftermarket operations in countries such as India, China, Japan, Thailand, and South Korea boosts the demand for the glass bonding adhesives market in the region.
The market in North America is anticipated to expand significantly in the coming years, due to the surging usage of glass banding adhesives in various countries in the region. Growing industries in the region such as electrical & electronics, furniture, healthcare, and automotive & transportation drive the demand for glass bonding adhesives in North America and spur the market growth.
Segments
The global glass bonding adhesives market has been segmented on the basis of
Type
- Silicone
- Polyurethane
- UV Curable Cyanoacrylate
- UV Curable Epoxy
- Acrylic
- Others
End-user
- Healthcare
- Building & Construction
- Electrical & Electronics
- Automotive & Transportation
- Furniture
- Industrial Assembly
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Henkel AG & Co. KGaA
- Permabond LLC.
- 3M
- Ashland
- THREEBOND INTERNATIONAL, INC
- Sabre
- Bohle Ltd.
- Dow
- Dymax
- Sika AG
- H.B. Fuller Company.
- KIWO Inc.
- DuPont
- DELO Industrie Klebstoffe GmbH & Co. KGaA
- Kissel + Wolf GmbH
- Master Bond Inc.
- Solvay
- DAP Global Inc.
- Others
Competitive Landscape
Key players competing in the global glass bonding adhesives market are Henkel AG & Co. KGaA; Permabond LLC.; 3M; Ashland; THREEBOND INTERNATIONAL, INC; Sabre; Bohle Ltd.; Dow; Dymax; Sika AG; H.B. Fuller Company.; KIWO Inc.; DuPont; DELO Industrie Klebstoffe GmbH & Co. KGaA; Kissel + Wolf GmbH; Master Bond Inc.; Solvay; DAP Global Inc.; and Others.
Some of these major companies have adopted various business development strategies including acquisitions, mergers, collaborations, partnerships, product launches, and production capacity expansion to expand their consumer base and enhance their market share.
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In November 2022, Sabre, a leading manufacturer of adhesives, sealants, and coatings for various industries, launched a range of high-quality industrial adhesives including glass and windscreen adhesives. The company launched MS Polymer adhesives that are used for glass bonds and are environmentally friendly as well as UV resistant.
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In April 2021, Sika AG, a Switzerland-based multinational specialty chemical company, acquired Hamatite, which is an adhesive business operated by The Yokohama Rubber Co., Ltd. Hamatite is a leader in glass bonds as well as hot melts solutions in Japan. The acquisition facilitates Sika AG to strengthen its market position in Japan.
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