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Glue Dispenser Market Size & Share, by Technology (Hand Held, Machine Mounted, Robotic, Rotary); Application (Automotive, Packaging, Electronics, Construction, Lamination, Textile) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4335
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

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.

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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 Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~5.2%

Regional Scope
  • North America (United States, and Canada)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, South Korea, Australia, Rest of Asia-Pacific)
  • Europe (United Kingdom, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Glue Dispenser Segmentation

The glue dispenser market is segmented and analyzed for demand and supply by application into automotive, packaging, electronics, construction, lamination, textile, and others. Out of these, automotive segment is expected to garner the highest revenue by 2036. The primary growth of the segment is a result of the rising demand for automobiles by the population. The International Organization of Motor Vehicles released the data that shows the total production of vehicles in the world was 80,145,988 units in 2021, a rise from 77,711,725 units in 2020. Whereas, the total sales were calculated to be 82,684,788 units in 2021, a rise from 78,774,320 in 2020.
 

Our in-depth analysis of the global glue dispenser market includes the following segments:

          By Technology
  • Hand Held
  • Machine Mounted
  • Robotic, Rotary
  •  Others

          By Application
  • Automotive
  • Packaging
  • Electronics
  • Construction
  • Lamination
  • Textile
  • Others

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Glue Dispenser Industry - Regional Synopsis

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.

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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

  • 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


  • Report ID: 4335
  • Published Date: Aug 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The glue dispenser industry size is poised to grow at over 5.2% CAGR during the forecast period i.e., between 2024-2036.

The high adoption rate of glue dispenser in various end-use industries such as construction, manufacturing, packaging and automotive will boost the market growth.

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.

The major players in the market are Valco Cincinnati Inc., 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) and others.
Glue Dispenser Market Report Scope

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