Adhesives & Sealants for Insulated Glass Market, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

  • TBI701789
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Global Adhesives & Sealants for Insulated Glass Market

The global adhesives & sealants for insulated glass market size was valued at USD 4.92 billion in 2017 and is expected to witness a CAGR of 6.7% from 2018 to 2025. Rapidly growing construction and automotive & transportation sectors across the globe is the primary factor driving the product demand. Adhesives & sealants are utilized to assemble glass, metal, rubber, plastic, and other products during the manufacturing of automobiles and in construction projects. High-performance sealants have advantages over other joining techniques, such as welding, sewing, bolting, and screwing. As a result, adhesive bonding assists manufacturers in producing lightweight vehicles, which further aids in improving fuel economy and reducing the use of resources like conventional metals and plastics.
Rapid industrialization and exponential GDP growth in emerging markets, such as India and China, are expected to boost manufacturing and chemical sectors. In 2017, countries including China, Cambodia, India, and Myanmar had the highest GDP growth rates of 6.6%, 6.9%, 7.2%, and 7.9% respectively. It is expected to boost the production activities across the Asia Pacific region, generating higher demand for adhesives & sealants over the forecast period.
Significant demand from the global construction sector is also estimated to drive the market growth. For instance, rise in disposable income coupled with increasing urban population is expected to boost the demand for urban housing infrastructure, especially in Latin America and Asia Pacific. Moreover, recovery of the construction sector in North America and Europe is anticipated to propel the product demand over the years to come.
Adhesives & sealants are prepared from various polymers depending on the type or grade. Silicone, polyurethane (PU), and polysulfide are the most widely utilized resin types in insulated glass application. The prices of polymers are dependent on the global crude oil market and their price trends are synced with those of crude oil as most of them are processed from this source. As a result, the volatility of raw materials, such as crude oil, is a major factor that restricts market growth.

Market Segmentation, Outlook & Viewpoint: Global Adhesives & Sealants for Insulated Glass Market

Resin Type Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)










End Use Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Building & Construction

Automotive & Transportation


Key Players, Recent Developments & Regional Insights: Global Adhesives & Sealants for Insulated Glass Market

In terms of volume, automotive & transportation is anticipated to be the fastest-growing segment with a CAGR of 6.4% over the forecast period. Increasing automotive production coupled with the shift in trend form welding and metal jointing to adhesives is a key factor driving the segment growth. Furthermore, demand from consumers for better safety features along with stringent safety standards by various regulatory bodies is expected to propel the demand for insulated glass. This, in turn, will create lucrative opportunities for the market in the automotive industry.
Building & construction is predicted to be the second fastest-growing segment during the forecast period. Adhesives & sealants are used in building & construction industry to create invisible and permanent bonds between insulated glass and the metal or wooden surface. They provide excellent resistance to corrosion, water, and thermal conditions, which increases the longevity and service life of the building components. Thus, increasing number of construction projects, especially in Asia Pacific, is expected to propel the market development.
Other applications include aerospace, medical, marine, and agricultural machinery. Rising disposable income levels in the emerging economies are enabling farmers to invest substantially in agricultural machinery, such as tractors and harvesters, making agrarian machinery one of the fastest-growing market for insulated glass. Aerospace is another end-use segment utilizing adhesives & sealants for insulated glass. High-performance adhesives facilitate improved performance, reduced weight, and fuel-efficiency for commercial aircrafts.

Regional Insights
In terms of revenue, Asia Pacific captured the highest market share of the market in 2017. It is also estimated to be the fastest-growing regional market over the forecast period on account of rapid industrialization, rising urbanization owing to population growth, and strong economic development. Emerging countries, such as China, India, and Indonesia, are witnessing significant public & private investments in infrastructure and commercial & residential construction activities. Also, high demand for passenger and commercial vehicles, particularly in such countries is expected to drive the automotive production in the region.
All these factors are estimated to contribute to the product demand in the region. North America also accounted for a considerable industry share in 2017 with U.S. being the major contributor. Resurgence of the U.S. housing sector is facilitating the growth of construction sector, thereby fueling the product demand. Moreover, recent trend dictates that Original Equipment Manufacturers (OEMs) in this region are focusing on the upgradation of the traditional models of heavy vehicles, such as buses and trucks, with energy-efficient components, such as insulated glass windscreens.
This is also estimated to drive the market in the region. In Europe, the market is anticipated to be primarily driven by the initiatives, such as Construction 2020 and EU Construction and Demolition Waste proposal, by the European Commission. Moreover, focus on retrofitting the existing buildings with green building solutions to improve energy-efficiency will increase the demand for insulated glass and, in turn, spur the adhesives & sealants market.
Adhesives & Sealants for Insulated Glass Market Share Insights
Prominent companies in the market include Henkel AG & Co. KGaA, Huntsman Corp., Kommerling, The 3M Company, and Dow Corning. The market is highly cost intensive and is dominated by major multinational companies, which are present across the value chain. Acquisitions and expansions have emerged as the key strategies adopted by these companies. However, in recent times, academicians, as well as industry players, are focusing on the development of bio-based adhesives owing to the stringent government regulations. For instance, researchers at Center for Bioplastics and Biocomposites, and Iowa State Univ. are investigating bioadvantaged polymers for the production of adhesives & sealants.

Key Insights Covered: Global Adhesives & Sealants for Insulated Glass Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Adhesives & Sealants for Insulated Glass industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Adhesives & Sealants for Insulated Glass industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Adhesives & Sealants for Insulated Glass industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Adhesives & Sealants for Insulated Glass industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Adhesives & Sealants for Insulated Glass industry.

Research Methodology: Global Adhesives & Sealants for Insulated Glass Market
  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
   1.1 Research methodology
   1.2 Research scope and assumptions
   1.3 List of data sourcesChapter 2 Executive Summary
   2.1 Market summaryChapter 3 Market Variables, Trends, and Scope
   3.1 Market segmentation
   3.2 Penetration & growth prospect mapping, 2014 - 2025
   3.3 Adhesives & sealants for insulated glass market - Value chain analysis
   3.4 Adhesives & sealants - customs duties
   3.5 Technology overview
   3.6 Adhesives & sealants for insulated glass market dynamics
       3.6.1 Market driver analysis
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