Market Snapshot:
Adhesive bonding or bonding adhesives referred to glue bonding or glue that connect substrates of different types of materials. The adhesive can be organic and non-organic and important parameters to achieve strong bonding strength are adhesive material, coating thickness, time of the process, bonding temperature, chamber pressure, tool pressure, and others. There are various government rule and regulation on adhesives as some of the adhesive chemicals can react with nitrogen oxides and creates non-ecofriendly conditions which are directly limiting the growth of the market. However, high demand from the glazing, panel applications, and lightweight and low carbon emitting vehicles have been boosting the growth of the market. Moreover, adhesive manufacturers have continuously invested in research and development activities which leads to innovation in adhesives further this can create a big opportunity for the adhesive market in coming years.
Market Drivers
- Rising Demand from the Glazing and Panel Applications
- Increasing Demand for Bonding Adhesive from Lightweight and Low Carbon Emitting Vehicles
Market Trend
- Rising Utilization of Silicone Elastic Bonding Adhesives among Various End Users
Restraints
- Lack of Acceptance from End Users
- Government Regulations in European and North American Countries
The Bonding Adhesive market framework should serve as a basic structure to support the strategic decision-making process for Vendors. For instance, the question of whether a Vendors wants to expand in other areas of the market value chain would fundamentally determines its strategy.
What is the current setup of the Bonding Adhesive Industry, and what is its growth trajectory through 2026?
Trends that might impact the resulting strategic moves of the Vendors
How can Vendors take advantage of the changing market dynamics and capture new opportunities lying in Bonding Adhesive market?
The key Vendors profiled in the report are Henkel (Germany), Sika AG (Switzerland), Arkema (France), H.B. Fuller (United States), Ashland Inc. (United States), Dymax Corporation (United States), 3M (United States), Wacker Chemie (Germany), THREEBOND INTERNATIONAL, INC (United States), Permabond LLC. (United States) and Dow Chemical (United States). Additionally, other players that are part of this comprehensive study are Bohle Ltd. (Germany), KIWO (United States) and Others.