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Global Reactive & Other Adhesives Market Overview: Forecasted Market Size And Growth Rate | BASF SE, 3M Company, Adco Global Inc., Adhesives Research Inc., American Biltrite Inc.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Reactive & Other Adhesives Global Market Report 2023 identifies the adhesive market is expected to benefit from growth in the automobile industry during the forecast period. There is a drive for the production of lightweight automobiles, which is leading to an increase in demand for adhesives and sealants. These are used in place of welded joints, mechanical fasteners, and gaskets and help reduce the weight of the automobile.
The reactive & other adhesives market size has grown strongly in recent years. It will grow from $11.58 billion in 2023 to $12.45 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to industrial manufacturing, advancements in material science, construction and infrastructure, electronics and microelectronics. The reactive & other adhesives market size is expected to see strong growth in the next few years. It will grow to $16.37 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
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Major companies operating in the reactive & other adhesives market include BASF SE, 3M Company, Adco Global Inc., Adhesives Research Inc., American Biltrite Inc., Avery Dennison Corporation, Chemence Inc., Collano Adhesives AG, Dow Chemical Company, H.B. Fuller Company, Huntsman Corporation, Illinois Tool Works Inc., Jowat SE, KMS Adhesives Limited, Arkema SA, Henkel AG & Co. KGaA, Pidilite Industries Limited, Sika AG, Ashland Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, Master Bond Inc., Franklin International Inc., Hexion Inc., LORD Corporation, Dymax Corporation, RPM International Inc., Royal Adhesives & Sealants LLC, Scott Bader Company Ltd., Soudal NV, Toyo Ink SC Holdings Co. Ltd., Wacker Chemie AG, Bostik SA, Dynea AS, EMS-Chemie Holding AG, Evonik Industries AG, Hernon Manufacturing Inc., ITW Performance Polymers & Fluids, JX Nippon ANCI Inc., L&L Products Inc.
A key trend in the Reactive & Other Adhesives market includes the Major companies operating in the recreative, and other adhesives market are having partnerships to increase their profitability in the market. A strategic partnership is a relationship between two commercial enterprises that is usually formalized by one or more business contracts.
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The Reactive & Other Adhesives market is segmented -
1) By Type: Epoxy, Acylic, Silicone, Polyurethane, Other Types
2) By Additive: Polyurethane, Acrylic, Silicone, Vinyl, Epoxides, Other Additives
3) By Application: Building & Construction, Automotive & Transportation, Power, Electrical & Electronics, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Reactive & Other Adhesives market.
The Business Research Company's "Global Reactive & Other Adhesives Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Reactive & Other Adhesives Market Include:
1. Executive Summary
2. Reactive & Other Adhesives Market Characteristics
3. Reactive & Other Adhesives Market Trends And Strategies
4. Reactive & Other Adhesives Market - Macro Economic Scenario
5. Reactive & Other Adhesives Market Size And Growth
……
27. Reactive & Other Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Reactive & Other Adhesives Market
29. Reactive & Other Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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