Glass Bonding Adhesives Market Based on Type (UV Curable Acrylate, Silicone, UV Curable Epoxy, Polyurethane, Others); By Based on End-Use Industry (Furniture, Electronics, Transportation, Medical, Industrial Applications, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2023-2032

Glass Bonding Adhesives Market Overview and Definition

The global glass bonding adhesives Market is likely to reach a valuation of USD 8.10 billion by 2032 end, growing at a CAGR of 7.3%. The market reached a valuation of nearly USD 3.60 billion in 2022. The glass bonding adhesives market is a growing industry that provides adhesive solutions for various types of glass bonding applications, such as automotive, construction, electronics, and medical devices. The market is driven by increasing demand for lightweight and durable materials in various industries, as well as the rising popularity of eco-friendly and sustainable adhesive options.

The glass bonding adhesives market is expected to grow at a good rate in the coming few years. To offer optimal performance even upon exposure to hostility, the glass bonding adhesives are designed perfectly. These adhesives are solvent-free and do not emit VOC during cure. The glass bonding adhesives form high strength, durability and water-resistant bonds to glass, plastics, and metal substrates.

Glass Bonding Adhesives Market Key Drivers

The glass bonding adhesives market is driven by several factors, including:

• Increasing demand for lightweight and durable materials in various industries such as automotive, aerospace, and electronics.
• Growing popularity of eco-friendly and sustainable adhesive options due to rising environmental concerns and regulations.
• Advancements in adhesive technology, leading to the development of high-performance glass bonding adhesives that offer superior strength, durability, and resistance to harsh environments.
• Rising adoption of glass bonding adhesives in medical devices and surgical instruments, due to their ability to provide strong and reliable bonding, as well as resistance to sterilization processes.
• Increasing investments in R&D by major market players to develop innovative products with advanced properties and applications, and to expand their market presence through strategic partnerships and collaborations.

The factors which drive the glass bonding adhesives market are the increased adoption of non-hazardous, green, and sustainable adhesives due to stringent regulations related to environmental protection. The glass bonding adhesive market's major drivers have increased glass bonding in UV curing technology. The increased demand in this market from various industries such as automotive, aerospace, electronics, and others, from developing countries of the Asia Pacific region, is likely to increase the glass bonding adhesives market.

The increased use of lightweight and fuel-efficient automobiles around the world is expected to drive this market's growth. Another major factor that will fuel the glass bonding market's growth is the high demand for durable, strong, and thermal resistant electronics appliances. Key developments include expansion, acquisition, merger, etc. The major market players are focusing on this.

Glass Bonding Adhesives Market Challenges

The glass bonding adhesives market faces several challenges, including:

• Limited bonding strength and durability in certain types of glass, such as tempered glass or glass with special coatings, which may require specialized adhesive solutions.
• High cost of some glass bonding adhesives, which may limit their adoption in certain industries or applications.
• Difficulty in achieving consistent bonding performance across large surface areas or irregularly shaped glass components.
• Complexity of the bonding process, which requires careful surface preparation and selection of the appropriate adhesive and curing method.
• Limited availability of skilled labor and specialized equipment for glass bonding applications, which may result in longer lead times and higher costs for manufacturers.
• Adverse impact of temperature and humidity on the curing process, which can affect the bonding performance of some glass bonding adhesives.

Glass Bonding Adhesives Market Segmentation

Based on Type

• UV Curable Acrylate 
• Silicone 
• UV Curable Epoxy 
• Polyurethane 
• Others 

Based on End-Use Industry

• Furniture 
• Electronics 
• Transportation 
• Medical 
• Industrial Applications 
• Others 

By Region

• North America (The U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Russia, Poland, Turkey, Switzerland, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, South Korea, Vietnam, Philippines, Malaysia, Indonesia, Thailand, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Columbia, Argentina, Chile, and Rest of Latin America)
• Middle East & Africa (South Africa, Saudi Arabia, UAE, Oman, Egypt, and Rest of Middle East & Africa)

The major types of glass bonding adhesives are UV curable cyanoacrylate, silicone, UV curable epoxy, polyurethane etc. The UV curable cyanoacrylate held the largest market share as they are suitable for several applications. The fastest-growing type in glass bonding adhesive is silicone. This is due to increased acceptance in various end-use industries such as electronics and medical and it is the second-largest segment in the glass bonding adhesives market. In many end-use industries such as furniture, medical, electronics, industrial assembly etc., glass bonding adhesives are used. These are the major end-use industries in which glass bonding adhesive is used. 

Glass Bonding Adhesives Market Regional Synopsis

The market for glass bonding adhesives across the globe is divided into five regions: Asia Pacific, North America, Europe, Latin America and the Middle East and Africa. Due to the high demand for glass bonding adhesives from the construction, automotive, and electronics industry, Asia Pacific dominated the glass bonding Adhesive in 2019. Other factors that are expected to drive the market growth in Japan, China and India are the high production and sales of automotive and electronics in the above regions. North America held the second-largest share for the glass bonding adhesives market in 2019, owing to reviving construction, automotive and aerospace.

Due to environmental concerns for lightweight automotive parts, the demand is projected to increase; thus driving the market growth for glass bonding adhesives. Due to the high production and sales of automotive parts in Western European countries, the market is expected to grow in Europe. Another factor that is expected to drive the growth of glass bonding adhesives in Europe is the increased spending on the healthcare sector. Due to the growing automotive industry in Mexico, Brazil etc, Latin America is expected to witness considerable growth in the glass bonding adhesives market. Moreover, due to burgeoning infrastructural investment in the Middle East and Africa, the glass bonding adhesives market is expected to show a significant growth rate. In recent years, the glass bonding adhesives market has witnessed a good amount of growth and the growth is expected to increase in the coming years. Due to their characteristic properties such as low temperature, high bond strength, excellent adhesion property, and low thermal expansion properties, the glass bonding adhesives are used in various industries such as furniture, medical, electronics, industrial assembly and transportation etc.

The leading region in the glass bonding adhesives market is the Asia Pacific. Due to increased use in the electronics and medical industries, there is a huge demand for glass bonding adhesive. Around the globe, the second-largest manufacturer and consumer of glass bonding adhesive is North America. The growth of the market in this region is due to growing medical and end-use industry opportunities. The two major markets for glass bonding adhesives in Europe are the furniture and the electronics industry.

Glass Bonding Adhesives Market Recent Developments

Here are some recent developments in the glass bonding adhesives market:

• In 2021, H.B. Fuller launched a new glass bonding adhesive, Swiftbond 3100, which offers fast cure times, high bond strength, and good adhesion to a variety of substrates.
• In 2020, 3M introduced a new glass bonding adhesive, 3M Glass Bonding Adhesive GT9000, which offers high strength, durability, and temperature resistance for automotive and industrial applications.
• In 2019, Sika AG acquired Crevo-Hengxin, a Chinese manufacturer of silicone adhesives, to expand its presence in the growing Chinese market.
• In 2019, Henkel AG & Co. KGaA introduced a new glass bonding adhesive, Loctite HY 4090, which offers high strength, durability, and fast fixture times for industrial and automotive applications.
• In 2018, Dow Inc. launched a new glass bonding adhesive, BETASEAL Xpress, which offers fast cure times, excellent adhesion to a variety of substrates, and easy application.

Glass Bonding Adhesives Market Key Players 

• Ashland Inc. (U.S.)
• Dymax Corporation (U.S.)
• 3M Company (U.S.)
• The Dow Chemical Company (U.S.) 
• Henkel AG & Co. KGaA (Germany)
• Permabond Engineering Adhesives (U.K.)
• Bohle Group (Germany)
• KIWO (Germany)
• ThreeBond Holdings Co., Ltd. (Japan)
• Sika A.G. (Switzerland)
• H.B. Fuller Company (U.S.)