Glass Bonding Adhesives Market To Generate USD 6,857.8 Million Revenue by 2030

The glass bonding adhesives market size is expected to advance at a CAGR of 8.7% during 2024–2030, to reach USD 6,857.8 million by 2030. This is ascribed to the cost-effectiveness, resistance against low temperatures, high adhesion capability and bond strength, and ease of application of these agents. They are required for aesthetics, fulfilling the requirements for performance, and making products durable. In addition, they possess resistance against vibration, low shrinkage, and high stress absorption capacity, which makes them fit for industrial purposes.

North America Holds Second-Highest Position

North America holds the second-largest share, of 25%, attributed to the presence of various key players and the rapid growth in the healthcare infrastructure. Moreover, the growing pace of advances in the electronics industry is driving the usage of glass glues.

In North America, the U.S. holds the major share, because of the increasing count of infrastructure projects in both the commercial and residential sectors and the growing automotive industry. Additionally, the rising degree of industrialization is a major factor fueling the demand for glass bonding adhesives.

The market in Europe is growing at a significant rate too, ascribed to the surging environmental concerns, as well as the increasing focus on the usage of glass because of its aesthetic value. In addition, many major automotive OEMs are headquartered in the region, such as Mercedes-Benz AG, Volkswagen Group, and BMW Group.

Furthermore, various key market players are expanding their business in the region, which will boost the revenue and contribute toward the market growth.

Rising Usage of Glass in Building & Construction Boosts Demand for Apt Glues

Glass bonding adhesives are heavily used in the building & construction industry because of their chemically inert nature and the fact that they do not turn yellow. Moreover, they are resistant to moisture and have rigidity and many more advantages. Here, they are essentially used for sticking glass to glass and various other surfaces, including wood, plastic, steel, and fibers.

The unceasing urbanization and growing population are propelling the construction of buildings for various purposes. According to the World Bank, 56% of the individuals, i.e., 4.4 billion people, live in cities, and the urban population will double by 2050, at which point, around 7 of every 10 people across the globe will reside in cities.

The culture of migration from rural areas to urban areas is resulting in the growing demand for the quality construction of commercial, residential, and industrial infrastructure. In turn, the increasing demand for advanced infrastructure has resulted in the rising incorporation of advanced glass in the building & construction industry.

Further, according to government websites, in India, approximately 100 new airports are expected to be built by 2035; the development of 100 smart cities is also underway. Due to the rising number of construction projects, consumption of glass will rise, as will the usage of the appropriate bonding agents. In addition, the usage of agents manufactured from solvent-free ingredients is increasing, in an effort to eliminate VOC emissions.

The most-significant glass bonding adhesives market players are DuPont de Nemours Inc., H.B. Fuller Company, 3M Company, Sika AG, Dymax Corporation, Kiwo Inc., Permabond Engineering Adhesives Ltd., and Panacol-Elosol GmbH.