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Emerging Trends Influencing The Growth Of The Reactive & Other Adhesives Market: Adhesive Industry Embraces IOT For Enhanced Manufacturing Processes
Reactive & Other Adhesives Market
How Big Is the Reactive & Other Adhesives Market Size Expected to Be by 2034?
The reactive & other adhesives market has seen strong growth in recent years. It will rise from $12.49 billion in 2024 to $13.46 billion in 2025, at a CAGR of 7.8%. This growth is driven by industrial manufacturing trends, advancements in material science, growth in construction and infrastructure projects, and the increasing demand in electronics and microelectronics.
The reactive & other adhesives market is projected to see solid growth, reaching $17.55 billion in 2029 at a CAGR of 6.9%. Growth is attributed to rising EV production, renewable energy adoption, and demand for specialized adhesives in medical applications. Key trends include eco-friendly formulations, microbonding, smart adhesives, and use in 3D printing.
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What Are the Emerging Segments Within 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
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What Long-Term Drivers Are Shaping Reactive & Other Adhesives Market Trends?
The adhesive market is expected to benefit from the growth in the automotive industry, particularly with the shift toward producing lightweight vehicles. The use of adhesives and sealants is replacing welded joints and mechanical fasteners to reduce vehicle weight. The global automotive industry saw substantial growth in 2023, with vehicle production reaching 93.5 million units, contributing to the demand for adhesives in vehicle manufacturing.
Who Are the Top Competitors in Key Reactive & Other Adhesives Market Segments?
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.
What Are the Major Trends Shaping the Reactive & Other Adhesives Market?
Many companies in the adhesive market are adopting IoT (Internet of Things) technologies to connect their equipment and devices for real-time monitoring and insights. This helps optimize the manufacturing process. For instance, smart systems can inform plant managers about the operational status of chemical reactors, detecting issues such as potential breakdowns. Leading companies such as BASF SE, The Dow Chemical Company, and H.B. Fuller are integrating IoT into their operations.
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Which Regions Are Becoming Hubs for Reactive & Other Adhesives Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Reactive & Other Adhesives Market?
2. What is the CAGR expected in the Reactive & Other Adhesives Market?
3. What Are the Key Innovations Transforming the Reactive & Other Adhesives Industry?
4. Which Region Is Leading the Reactive & Other Adhesives Market?
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