Reactive & Other Adhesives Industry Expected to Reach $18.79 Billion by 2029 at 12% CAGR

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Reactive & Other Adhesives Market Value Projection: How Much Will the Market Size by 2025?
The market size for reactive and other adhesives has seen accelerated growth in the recent past. Its expected trajectory will take it from a value of $10.66 billion in 2024 to $11.95 billion in 2025, representing a compound annual growth rate (CAGR) of 12.1%. The historical growth can be linked to the manufacturing industry, progress in material science, developments in construction and infrastructure, as well as electronics and microelectronics.

What Will Be the Market Growth Forecat for Reactive & Other Adhesives in 2029?
The market size for reactive & other adhesives is anticipated to experience swift expansion in the forthcoming years, projected to reach an estimated $18.79 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.0%. This growth phase predicted for the forecast period can be linked to factors like electric vehicle (ev) production, renewable energy, tailored formulations, medical equipment, and healthcare. The forecast period is expected to see trends such as eco-friendly and sustainable adhesives, microbonding and miniaturization, 3d printing, and additive manufacture, along with intelligent adhesive solutions.

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What Are the Core Competitive Drivers in the Reactive & Other Adhesives Industry?
An upward trajectory in the automobile industry is predicted to positively impact the adhesive market throughout the forecast period. The current trend towards manufacturing lightweight vehicles is fueling an increased requirement for adhesives and sealants. These materials are being utilized as alternatives to welded joints, mechanical fasteners, and gaskets, contributing to a reduction in the vehicle's overall weight. For example, the global automotive industry in 2023, according to data from the France-based Organisation Internationale des Constructeurs d'Automobiles (OICA), witnessed a substantial growth with total vehicle production hitting 93546599 units. This figure represented a considerable jump from the 85016728 units rolled out in 2022. As such, the upward momentum of the automobile industry is propelling the growth of the recreative and other adhesives market.

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Which Reactive & Other Adhesives Market Segment Is Projected to See the Fastest Growth?
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

Which Trends Are Opening New Opportunities in the Reactive & Other Adhesives Market?
Numerous companies in the adhesive industry are leaning on IoT (Internet of Things) technology for linking machinery and intelligent devices, aiming to gain instant data and identify weaknesses in the manufacturing flow. This gathered information is then analyzed and understood by plant superintendents and top-tier management for enhancing the quality and hitting the highest level of production. For instance, intelligent systems provide data about the working status and efficiency of chemical reactors, using built-in software and analysis tools to alert plant workers and management about potential machine failures. As an example, BASF SE, The Dow Chemical Company, and H.B. Fuller are some of the leading companies using IoT.

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Who Are the Leaders in the Reactive & Other Adhesives Market?
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.

Which Regional Reactive & Other Adhesives Markets Offer the Greatest Growth Potential?
Asia-Pacific was the largest region in the reactive and other adhesives market in 2024. 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.

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