Glue Dispenser Market size is poised to grow at over 5.2% CAGR during the forecast period i.e., between 2024-2036. Further, the market generated a noteworthy revenue in the year 2021. The primary growth factor is the expansion of the manufacturing line, owing to its wide range of applications, such as holding industrial glue and hot glue. As per recent estimates, in 2022, the revenue garnered by the manufacturing industry of the United States region amounted to approximately USD 6 trillion.
A glue dispenser is a device that is primarily used for releasing the required amount of glue onto the area of application. Glue dispensers are a preferred choice for the application of high-performance adhesives for directly applying from a tube or bottle onto the surface. Glue dispensers enable cost-efficient bonding solutions for various applications integrated into the manufacturing line. Thus, an increase in the number of manufacturing enterprises is expected to bolster the sales of glue dispensers in the assessment period. In 2022, it was calculated that the number of manufacturing businesses numbered 638,590 in the U.S.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~5.2% |
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Regional Scope |
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Our in-depth analysis of the global glue dispenser market includes the following segments:
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By Technology |
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By Application |
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Regionally, the global glue dispenser market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is projected to hold largest industry share by 2036, owing to expansion of end-use industries such as automotive, construction, manufacturing and others. As per the International Organization of Motor Vehicles stated that in America in 2021, the sales of automobiles accounted to be 22,001,152 units and the production in the same region stood up at 16,151,639 units at the same time frame.
Valco Cincinnati Inc. has recently launched Ipack-Ima - new Kube Series adhesive dispensers which is an energy-efficient melter that is expected to optimize the heating process and minimizes energy lost.
Nordson Corporation has announced its new system-solution for dispensing single-component (1K) thermal interface materials by integrating the ASYMTEK Helios SD-960 Series fluid dispensing platform with the new FS-EP1 Fluid Supply/Feeding System One-Gallon Pail Pump.
Author Credits: Rajrani Baghel
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