Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Glue Dispenser Market size is poised to grow at over 5.2% CAGR during the forecast period i.e., between 2025-2037.
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.
Glue Dispenser Sector: Growth Drivers and Challenges
Growth Drivers
- Rise in Automotive Industry – The glue dispenser allows for a cost-effective bonding solution for the automotive industry. The high utilization of glue dispensers in the production processes and in the manufacturing of car equipment is anticipated to propel the market growth in the forecast period. According to the National Investment Promotion and Facilitation Agency, India’s automotive industry is expected to garner 222 billion dollars by 2030, making it the 3rd largest automotive industry in the world.
- Growth in Construction Industry - Recent estimates calculated the revenue collected by the construction industry was almost USD 2 trillion in 2019.
- Growing Electronics Industry – According to recent estimates, the revenue generated by the U.S. electronics industry in 2019 stood up at USD 300 billion.
- Rising Demand in Textile Industry – As per recent estimates, the revenue generated by the global textile industry in 2018 accounted around USD 920 billion. Further, it is forecasted to reach approximately USD 1,230 billion by 2024, with a steady CAGR of nearly 5%.
- Increase in Packaging Industry – According to a report published in 2021, the global packaging industry generates USD 500 billion yearly, accounting for between 1% and 2% of gross domestic product (GDP).
Challenges
- Lack of Regulatory Policies
- Additional Expenses Incurred in Various Stages
- Stringent Government Rules
Glue Dispenser Segmentation
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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Customize this ReportGlue Dispenser Industry - Regional Synopsis
North America industry is poised to dominate majority revenue share by 2037, owing to expansion of end-use industries such as automotive, construction, manufacturing and others., 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.
Companies Dominating the Glue Dispenser Landscape
- Valco Cincinnati Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Henkel Adhesives Technologies India Private Limited
- Nordson Corporation
- Glue Machinery Corporation
- Hernon Manufacturing, Inc.
- Adhesive Dispensing Limited
- Dymax
- Ashby Cross Company
- Adhesive Systems Technology Corporation
- EXACT Dispensing Systems (TASI Group)
In the News
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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.
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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
- Report ID: 4335
- Published Date: Dec 26, 2024
- Report Format: PDF, PPT
