Glass Bonding Adhesives Market to accrue commendable proceeds over 2018-2024

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Glass Bonding Adhesives Market Growth Trends and
Forecast by 2024
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Global Market Scenario of Glass Bonding
Adhesives Industry

• Increasing disposable income, shift in consumer
  preferences along with simultaneous rise in
  demand for luxurious furniture models containing
  glass should trigger glass bonding adhesives
  market size.
• Global Glass Bonding Adhesives Market size is
  expected to grow significantly as industry has
  witnessed an upward trend since 2013 and should
  account for high gains during forecast timeframe.
  Increasing demand from both glass processing
  industries and individual glazier shops should
  drive industry size.
• Growing product demand as adhesive solutions for
  its use in variety of industries including
  construction, automobile, furniture, optical
  glass lenses, optical displays for equipment will
  boost industry growth.
• Demand for glass bonding adhesives are also
  anticipated to witness steady gains by 2024 owing
  to its intrinsic properties of high bond strength
  and high resistance to temperature. Applicability
  over a wide temperature range, precise alignment
  stability, low stress, high strength, excellent
  adhesion, no out-gassing and long life should
  stimulate industry growth.
• Global consumer electronics market is predicted
  to surpass USD 1500 billion by 2024 with
  advancements in devices including smartphones,
  earphones and headphones, household appliances
  and speakers is expected to fuel the consumer
  electronics market.
• Silicon adhesives are recommended for bonding
  large areas of glass as they have a high
  resistance to the effects of ultraviolet light
  and have a high elongation. It is also widely
  used in electronics application thus boosting
  glass bonding adhesives market demand.

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• Product Analysis-
• Global auto parts manufacturing market is
  anticipated to grow around USD 460 billion by the
  end of 2024 which is likely to drive the glass
  bonding adhesive industry.
• Global medical devices market is estimated to
  reach USD 345 billion by 2024, forecasted to
  grow at 5CAGR from 2017 to 2024. Medical device
  industry uses glass bonding adhesives for bonding
  substrates, respiratory devices, oxygenators,
  needles and syringes, tubes and fittings.
• UV adhesives possessing flexibility, gap-fill
  capability, strength and variable viscosities are
  used to bond a range of difficult to assemble
  materials, replacing conventional fastening
  systems used in assembly of medical devices.
• Regional Trends-
• North America, led by US and Canada is expected
  to witness high growth in glass bonding adhesives
  from medical devices application due to
  increasing ageing population with multiple
  chronic diseases and favourable government
  regulations related to healthcare.
• Europe glass bonding adhesives market, led by
  France, Italy and Germany may witness rapid pace
  of demand due to substantial spending on
  healthcare and high production and sales of
  automotive parts in Western European countries.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• Global glass bonding adhesive market share is
  moderately consolidated with key industry
  participants including KIWO, Ashland, Dymax
  Corporation, Bohle AG, H.B. Fuller Company,
  Henkel AG Co., Sika AG, Master Bond Inc.
• DowDuPont which are an integral part of the
  market focused on strengthening their regional
  presence.

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