Key Trends Shaping the Future Reactive & Other Adhesives Market From 2025-2034: Adhesive Industry Embraces IOT For Enhanced Manufacturing Processes

What Is the Estimated Market Size and Growth Rate for the Reactive & Other Adhesives Market?
In recent times, there has been considerable growth in the size of the reactive & other adhesives market. The value is projected to rise from $12.49 billion in 2024 to an anticipated $13.46 billion in 2025, representing a compound annual growth rate (CAGR) of 7.8%. The historic growth can be linked to factors like industrial manufacturing, advancements in material science, development in construction and infrastructure, and progress in electronics and microelectronics.

In the coming years, the market for reactive & other adhesives is projected to witness robust expansion. The market is forecasted to reach $17.55 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.9%. The surge in the forecast period can be ascribed to factors such as electric vehicle production, renewable energy, customized formulations, and the healthcare and medical device industry. Key trends during the forecast period include the advent of eco-friendly and sustainable adhesives, miniaturization and microbonding, 3D printing, and additive manufacturing, as well as smart adhesives.

What Are the Forces Behind the Rapid Growth of the Reactive & Other Adhesives Market?
Anticipated expansion in the automobile industry during the forecast period stands to profit the adhesive market. This is owing to the push towards manufacturing lightweight automobiles, thereby driving up the need for adhesives and sealants. These substances are utilized as alternatives to welded joints, mechanical fasteners, and gaskets, consequently aiding in decreasing the weight of cars. The Organisation Internationale des Constructeurs d'Automobiles (OICA), an international association of auto manufacturers based in France, has reported that in 2023, there was a substantial escalation in the global auto industry with vehicle production reaching 93546599 units. This was a marked upsurge from the 85016728 units made in 2022. Accordingly, this growth trajectory in the auto industry propels the expansion of the recreative and other adhesives market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3824&type=smp

Who Are the Dominant Companies Influencing Reactive & Other Adhesives Market Trends?
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.

How Is the Reactive & Other Adhesives Market Evolving?
A significant number of companies in the adhesive industry are adopting IoT (Internet of Things) technologies to link their equipment and smart devices, allowing them to gather real-time data and identify inefficiencies in the manufacturing process. The gathered data is processed, analyzed, and deciphered by plant managers and high-level management to enhance quality and reach optimal production levels. For instance, intelligent systems provide insights about the operational status and efficacy of chemical reactors, utilizing embedded software and analytical tools to alert plant operators and managers about potential machinery failures. Among the major companies deploying IoT are BASF SE, The Dow Chemical Company, and H.B. Fuller.

What Are the Different Segmentations in the Reactive & Other Adhesives Market?
The reactive & other adhesives market covered in this report 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 And Construction, Automotive And Transportation, Power, Electrical And Electronics, Other Applications

Subsegments:
1) By Epoxy: One-Component Epoxy Adhesives, Two-Component Epoxy Adhesives
2) By Acrylic: Structural Acrylic Adhesives, Anaerobic Acrylic Adhesives
3) By Silicone: One-Part Silicone Adhesives, Two-Part Silicone Adhesives
4) By Polyurethane: Reactive Hot Melt Polyurethane Adhesives, Non-Reactive Polyurethane Adhesives
5) By Other Types: Cyanoacrylate Adhesives, Hybrid Adhesives

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/reactive-and-other-adhesives-global-market-report

Which Region Is at the Forefront of the Reactive & Other Adhesives Market?
Asia-Pacific was the largest region in the reactive and other adhesives market in 2023. North America was the second-largest region in the global reactive & other adhesives market. The regions covered in the reactive & other adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Reactive & Other Adhesives Global Market Report?

- Market Size Analysis: Analyze the Reactive & Other Adhesives Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Reactive & Other Adhesives Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Reactive & Other Adhesives Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Reactive & Other Adhesives Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3824

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.