Glue Dispenser Market Size

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.