Reactive Adhesives Market at a CAGR of 6.31%
reactive adhesives market, reactive adhesives market analysis, reactive adhesives market data, reactive adhesives market economy,
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The global reactive adhesives market was valued at USD 8.8 billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of 6.31% during the forecast period.
Reactive adhesives are usually made from two ingredients, namely, a resin and an initiator. They are characterized by the formation of enduring bonds between substrates to offer resistance to heat, chemicals, and moisture. These adhesives are usually preferred over solvent-borne and hot melt adhesives, as they can work with those materials which resist melting. Reactive adhesives, owing to their excellent bond strength and long term durability under extreme environmental conditions, are becoming an integral part of various commercial and industrial sectors.
Market Dynamics of the Global Reactive Adhesives Market
Drivers:
Recovering global construction sector
Rapid growth of the solar electricity market
Increasing demand for light-weight vehicles
Restraints:
Volatility in raw material prices
Global Reactive Adhesives Market Segmentation
the global reactive adhesives market report, we have taken the following The global reactive adhesives market can be broadly segmented by product type (epoxy, acrylic, silicone, polyurethane, cyanoacrylate, and others) and by major end-user industry (construction, solar cells, automotive, electronics, industrial and machinery, packaging, woodwork, and others). The market has also been geographically segmented into the Asia-Pacific, North America, Europe, South America, and the Middle-East & Africa. In terms of consumption in 2015, the Asia-Pacific led the market with a share of XX.XX%.
With the improvement in the financial status of the consumers and the rise in their purchasing power, there is an increase in the demand for buildings in the Asia-Pacific region, in turn, making the region an area of immense potential and opportunities. Apart from the aforementioned, the region is gradually becoming the center for hosting the international events and business meetings, which in turn will also propel the growth of the market.
Furthermore, the growing popularity of the heat-resistant products and rising demand for hot melt polyurethane reactive adhesives will offer numerous opportunities for the growth of the global reactive adhesives market. Some of the major companies dominating this market for its products, services, and continuous product developments are:
3M
Arkema Group (Bostik SA)
Collano Adhesives AG.
Henkel AG & Co. KGaA
Jowat Adhesives,
KMS Adhesives
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Key Deliverables in the Study
Market analysis for the global reactive adhesives market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global reactive adhesives market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped.
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