Reactive Adhesives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Resin Type (Polyurethane, Epoxy, Cyanoacrylate, Modified Acrylic, Anaerobic, Silicone, and Other Resin Types), End-user Industry (Building & Construction, Renewable Energy, Transportation, Healthcare, Electronics, Aerospace, Sports & Leisure, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Market Snapshot

Reactive Adhesives Market - Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >6 %

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Market Overview

The global reactive adhesives market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the growing application of the reactive adhesives in constructing wind turbines. However, negative effects of epoxy and acrylic Reactive adhesives on skin is hindering the growth of the market studied. 

  • However growing popularity of heat-resistant products is expected to provide a major growth opportunity for the market studied.
  • Asia-Pacific accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
  • Among the end-user industries, wind turbines are expected to dominate the market studied during the forecast period. 

Scope of the report

The Global Reactive Adhesives Market includes: 

Resin Type
Polyurethane
Epoxy
Cyanoacrylate
Modified Acrylic
Anaerobic
Silicone
Other Resin Types
End-user Industry
Building & Construction
Renewable Energy
Transportation
Healthcare
Electronics
Aerospace
Sports & Leisure
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Wind Turbines Industry to Witness the Highest Growth Rate

  • The consumption of wind energy has been significantly increasing across the globe in the past few years.
  • Wind energy offers many advantages over traditional energy sources which include:  unlimited & free energy, clean and non-polluting way to generate electricity. Unlike other types of power plants, it emits no air pollutants or greenhouse gases.
  • Reactive adhesives are used to bond blades together. They offer a solution of reduced weight, as well as providing benefits in reduced assembly time and corrosion protection.
  • The global installed wind power capacity has witnessed a significant growth in the recent years owing to the growing environmental consciousness across the globe.
  • Hence, owing to the above-mentioned factors, wind turbines industry is likely to witness the highest growth rate during the forecast period.
Gobal Reactive Adhesives Market- Revenue Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific accounts for the highest share of the reactive adhesives market currently owing to the high demand from countries like China and India.
  • The total installed wind power capacity in China has increased at a healthy growth rate over the past few years owing to the increasing investment by the government in wind energy.
  • Additionally, the construction industry of China has been witnessing a significant growth in the recent past.These are the major factors that are driving the demand for reactive adhesives in the country.
  • In addition to China, India has also witnessed a major growth in its installed wind power capacity which is likely to boost the market studied in the country.
  • Hence, owing to the above-mentioned reasons, Asia-Pacific is likely to dominate the global reactive adhesives during the forecast period.
Reactive Adhesives Market - Regional Trends

Competitive Landscape

The global reactive adhesives market is moderately fragmented as the market share is divided among many players. Some of the key players in the market include 3M, Sika AG, Arkema Group, H.B.Fuller Company, and Henkel AG & Co. KGaA, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Application in the construction of Wind Turbines

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Negative Effects of Epoxy and Acrylic Reactive Adhesives on Skin

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin Type

      1. 5.1.1 Polyurethane

      2. 5.1.2 Epoxy

      3. 5.1.3 Cyanoacrylate

      4. 5.1.4 Modified Acrylic

      5. 5.1.5 Anaerobic

      6. 5.1.6 Silicone

      7. 5.1.7 Other Resin Types

    2. 5.2 End-user Industry

      1. 5.2.1 Building & Construction

      2. 5.2.2 Renewable Energy

      3. 5.2.3 Transportation

      4. 5.2.4 Healthcare

      5. 5.2.5 Electronics

      6. 5.2.6 Aerospace

      7. 5.2.7 Sports & Leisure

      8. 5.2.8 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 ASEAN Countries

        6. 5.3.1.6 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Arkema Group

      3. 6.4.3 Avery Dennison Corporation

      4. 6.4.4 Buhnen GmbH & Co. KG

      5. 6.4.5 Collano AG

      6. 6.4.6 Dow

      7. 6.4.7 Franklin Adhesives & Polymers

      8. 6.4.8 H.B. Fuller Company

      9. 6.4.9 Henkel AG & Co. KGaA

      10. 6.4.10 Hexion

      11. 6.4.11 Huntsman International LLC

      12. 6.4.12 Jowat SE

      13. 6.4.13 Master Bond Inc.

      14. 6.4.14 Sika AG

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Popularity of Heat-resistant Products

**Subject to Availability

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Frequently Asked Questions

The Reactive Adhesives Market market is studied from 2016 - 2026.

The Reactive Adhesives Market is growing at a CAGR of >6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

3M , Sika AG , Arkema Group, H.B. Fuller Company, Henkel AG & Co. KGaA are the major companies operating in Reactive Adhesives Market.

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