IMARC Group, a leading market research company, has recently releases report titled “Adhesives & Sealants for Insulated Glass Market Report by Resin Type, End User, and Region 2023-2028” The study provides a detailed analysis of the industry, including the global adhesives & sealants for insulated glass market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big are the adhesives & sealants for insulated glass market?
The global adhesives & sealants for insulated glass market size reached US$ 6,273 Million in 2022 Looking forward, IMARC Group expects the market to reach US$ 9,446 Million by 2028, exhibiting a growth rate (CAGR) of 7.30% during 2023-2028.
What are adhesives & sealants for insulated glass?
Adhesives and sealants for insulated glass play a crucial role in the construction and maintenance of modern buildings and structures. Insulated glass, also known as double-glazing, is a specialized glass unit consisting of two or more glass panes separated by a spacer and sealed around the edges. The space between the glass panes is often filled with air or inert gas, creating a thermal barrier that improves energy efficiency and sound insulation. The significance of adhesives in insulated glass lies in their ability to securely bond the glass panes and the spacer, providing structural integrity to the unit. High-quality adhesives ensure a robust bond, preventing moisture penetration, reducing the risk of fogging or condensation, and increasing the overall durability of the insulated glass unit. Furthermore, these adhesives contribute to the stability of the glass, allowing it to withstand environmental stresses and temperature fluctuations without compromising its performance. Sealants, on the other hand, are vital for sealing the perimeter of the insulated glass unit, effectively encapsulating the entire assembly. By forming an airtight and watertight seal, these sealants protect the glass from external elements such as rain, dust, and pollutants, which helps maintain the insulating properties of the unit over time. Additionally, sealants aid in absorbing stress and movement between the glass and the frame, reducing the risk of cracking or damage.
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What are the growth prospects and trends in the adhesives & sealants for insulated glass industry?
The ongoing trend of rapid urbanization and infrastructure development across the globe has led to an increased demand for energy-efficient and sustainable construction materials. Insulated glass, with its superior thermal performance, is being extensively used in residential, commercial, and industrial buildings, thereby driving the demand for adhesives and sealants used in its assembly. Additionally, stringent energy efficiency regulations and growing environmental concerns are compelling industries and consumers alike to seek energy-saving solutions. Insulated glass, coupled with high-performance adhesives and sealants, helps reduce energy consumption by maintaining indoor temperatures and minimizing the need for heating or cooling, aligning with green building initiatives. Other than this, the automotive industry is witnessing a surge in the adoption of insulated glass to improve vehicle aesthetics, reduce noise pollution, and enhance fuel efficiency. Adhesives and sealants are critical in ensuring the structural integrity and durability of insulated glass used in automobiles.
Besides this, rising disposable incomes in emerging economies have led to increased spending on construction projects and renovations. This surge in construction activities fuels the demand for insulated glass products, subsequently driving the market for adhesives and sealants. In line with this, adhesives and sealants are finding broader applications beyond traditional construction and automotive sectors. Industries such as aerospace, electronics, and medical devices are increasingly adopting insulated glass for specialized applications, further boosting the market demand. Furthermore, there is a notable shift towards hybrid sealant solutions, combining the benefits of both silicone and polyurethane-based sealants. These hybrid formulations offer improved adhesion, weather resistance, and flexibility, contributing to their growing popularity in the insulated glass market.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Resin Type Insights:
End User Insights:
- Building and Construction
- Automotive and Transportation
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 3M Company
- Adshead Ratcliffe & Co Ltd. (Carlisle Companies Incorporated)
- Bostik SA (Arkema S.A.)
- Dow Inc.
- Fuller Company
- Henkel AG & Co. KGaA
- Sika AG
- Tremco CPG Inc. (RPM International Inc.)
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