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Europe Reactive Adhesives Market - Segmented by Product Type, End-user Industry, and Geography - Trends and Forecasts (2020 - 2025)

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Europe Reactive Adhesives Market 

The market was valued at USD 2,817.69 million in 2017 and is expected to achieve a CAGR of 5.77% during the forecast period 2018-2023.

Reactive adhesives are usually made from two ingredients, namely, a resin and an initiator. They are characterized by the formation of enduring bonds between substrates to offer resistance to heat, chemicals, and moisture. These adhesives are preferred over solvent-borne and hot melt adhesives as they can work on those materials which resist melting. Reactive adhesives, owing to their excellent bond strength and long term durability under extreme environmental conditions, are becoming an integral part of various commercial and industrial sectors.

One of the major factor driving the market’s growth is the high demand for reactive adhesives from German and Spanish automotive industry. Apart from these, the increasing applications of reactive adhesives in the construction of wind turbines (one of the major sources of energy in Europe) is also propelling the growth of the reactive adhesives market in the region. However, factors such as the negative effects of epoxy and acrylic adhesives on skin, act as restraints for the market.

The market has been segmented on the basis of resin type, end-user industry and geography. In 2017, by resin type, polyurethane dominated the market, while anaerobic is expected to witness the highest CAGR of 5.84%, during the forecast period. By application, transportation dominated the market, while wind turbines is expected to witness the highest CAGR  during the forecast period. By region, germany dominated the market and is also expected to be the fast growing market through 2023. 

The growing popularity of the heat-resistant products is expected to offer numerous opportunities for the growth of the Europe reactive adhesives market. Some of the major companies dominating this market for its products, services, and continuous product developments are:

  • 3M
  • Arkema Group (Bostik SA)
  • H.B. Fuller
  • Henkel AG & Co. KGaA

Key Deliverables in the Study:

  • Market analysis for the Europe reactive adhesives market, with region specific assessments and competition analysis.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the Europe reactive adhesives market on a regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped.

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