Europe Reactive Adhesives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Reactive Adhesives Market Analysis
The Europe reactive adhesives market is expected to grow at with a CAGR greater than 5% during the forecast period. One of the major factors driving the market is the growing application in the construction of wind turbines. However, negative effects of epoxy and acrylic reactive adhesives on skin is hindering the growth of the market studied.
- Increasing popularity of heat-resistant products is expected to provide a major growth opportunity for the market studied.
- Germany accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, renewable energy industry is expected to witness the highest growth rate during the forecast period.
Europe Reactive Adhesives Market Trends
This section covers the major market trends shaping the Europe Reactive Adhesives Market according to our research experts:
Renewable Energy Industry to Witness the Highest Growth Rate
- The consumption of renewable energy, especially, wind energy has been significantly increasing in Europe over the past few years.
- Wind energy offers many advantages over traditional energy sources which include: unlimited & free energy, clean and non-polluting way to generate electricity. Unlike other types of power plants, it emits no air pollutants or greenhouse gases.
- Reactive adhesives are used to bond blades together. They offer a solution of reduced weight, as well as providing benefits in reduced assembly time and corrosion protection.
- The installed wind power capacity in Europe has witnessed a significant growth in the recent years owing to the growing environmental consciousness across in the region.
- Hence, owing to the above-mentioned factors, wind turbines industry is likely to witness the highest growth rate during the forecast period.
Germany to Dominate the Market
- Germany accounts for the highest share of the Europe reactive adhesives market owing to the high demand from end-user industries like Transportation, Aerospace, and construction.
- Germany is the hub for automobile production with around 41 assembly and engine production plants. The high production of automobile results in a high demand for reactive adhesives. However, in the recent past the decline in the automotive production is expected to have a negative affect on the market studied in Germany.
- In the recent past, there has been growing demand for reactive adhesives from construction and aerospace industries.
- Hence, owing to the above-mentioned reasons, Germany is likely to dominate the Europe reactive adhesives market during the forecast period.
Europe Reactive Adhesives Industry Overview
The Europe reactive adhesives market is moderately fragmented as the market share is divided among a large number of players. Some of the key players in the market include 3M, Sika AG, Arkema Group, H.B.Fuller Company, and Henkel AG & Co. KGaA, among others.
Europe Reactive Adhesives Market Leaders
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3M
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Sika AG
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Arkema Group
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H.B. Fuller Company
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Henkel AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
Europe Reactive Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Application in the construction of Wind Turbines
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Negative Effects of Epoxy and Acrylic Reactive Adhesives on Skin
- 4.2.2 Other Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Resin Type
- 5.1.1 Polyurethane
- 5.1.2 Epoxy
- 5.1.3 Cyanoacrylate
- 5.1.4 Modified Acrylic
- 5.1.5 Anaerobic
- 5.1.6 Silicone
- 5.1.7 Other Resin Types
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5.2 End-user Industry
- 5.2.1 Building & Construction
- 5.2.2 Renewable Energy
- 5.2.3 Transportation
- 5.2.4 Healthcare
- 5.2.5 Electronics
- 5.2.6 Aerospace
- 5.2.7 Sports & Leisure
- 5.2.8 Other End-user Industries
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5.3 Geography
- 5.3.1 Germany
- 5.3.2 United Kingdom
- 5.3.3 France
- 5.3.4 Italy
- 5.3.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Avery Dennison Corporation
- 6.4.4 Buhnen GmbH & Co. KG
- 6.4.5 Collano AG
- 6.4.6 Dow
- 6.4.7 Franklin Adhesives & Polymers
- 6.4.8 H.B. Fuller Company
- 6.4.9 Henkel AG & Co. KGaA
- 6.4.10 Hexion
- 6.4.11 Huntsman International LLC
- 6.4.12 Jowat SE
- 6.4.13 Master Bond Inc.
- 6.4.14 Sika AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Popularity of Heat-resistant Products
Europe Reactive Adhesives Industry Segmentation
Europe Reactive Adhesives Market report includes:
| Resin Type | Polyurethane |
| Epoxy | |
| Cyanoacrylate | |
| Modified Acrylic | |
| Anaerobic | |
| Silicone | |
| Other Resin Types | |
| End-user Industry | Building & Construction |
| Renewable Energy | |
| Transportation | |
| Healthcare | |
| Electronics | |
| Aerospace | |
| Sports & Leisure | |
| Other End-user Industries | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe |
Europe Reactive Adhesives Market Research FAQs
What is the current Europe Reactive Adhesives Market size?
The Europe Reactive Adhesives Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Europe Reactive Adhesives Market?
3M, Sika AG, Arkema Group, H.B. Fuller Company and Henkel AG & Co. KGaA are the major companies operating in the Europe Reactive Adhesives Market.
What years does this Europe Reactive Adhesives Market cover?
The report covers the Europe Reactive Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Reactive Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Reactive Adhesives Industry Report
Statistics for the 2024 Europe Reactive Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Reactive Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
