Europe Reactive Adhesives Market Size (2024 - 2029)

The Europe reactive adhesives market is anticipated to experience significant expansion, driven by their increasing use in wind turbine construction. Despite challenges posed by the adverse effects of epoxy and acrylic adhesives on skin, the market is poised for growth, particularly due to the rising demand for heat-resistant products. Germany is expected to maintain its leading position in terms of market share. The renewable energy sector is projected to exhibit the most rapid growth among end-user industries during the forecast period.

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Market Size of Europe Reactive Adhesives Industry

Europe Reactive Adhesives Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %

Major Players

Europe Reactive Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order

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 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
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Europe Reactive Adhesives Market Size Summary

The Europe reactive adhesives market is poised for significant growth, driven primarily by its increasing application in the construction of wind turbines. This growth is fueled by the rising demand for renewable energy sources, particularly wind energy, which offers numerous advantages such as being a clean and non-polluting energy source. Reactive adhesives play a crucial role in the wind energy sector by bonding turbine blades, providing benefits like reduced weight, faster assembly times, and corrosion protection. Despite the positive outlook, the market faces challenges due to the negative effects of epoxy and acrylic reactive adhesives on skin, which could hinder growth. However, the growing popularity of heat-resistant products presents a substantial opportunity for market expansion.

Germany stands out as the dominant player in the Europe reactive adhesives market, largely due to its robust demand from key industries such as transportation, aerospace, and construction. The country's strong automotive production base, with numerous assembly and engine production plants, contributes to the high demand for reactive adhesives. However, recent declines in automotive production may negatively impact the market in Germany. Nonetheless, the construction and aerospace sectors continue to drive demand for reactive adhesives. The market is moderately fragmented, with numerous players like 3M, Sika AG, Arkema Group, H.B. Fuller Company, and Henkel AG & Co. KGaA sharing the market space.

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Europe Reactive Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Application in the construction of Wind Turbines

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Negative Effects of Epoxy and Acrylic Reactive Adhesives on Skin

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Polyurethane

      2. 2.1.2 Epoxy

      3. 2.1.3 Cyanoacrylate

      4. 2.1.4 Modified Acrylic

      5. 2.1.5 Anaerobic

      6. 2.1.6 Silicone

      7. 2.1.7 Other Resin Types

    2. 2.2 End-user Industry

      1. 2.2.1 Building & Construction

      2. 2.2.2 Renewable Energy

      3. 2.2.3 Transportation

      4. 2.2.4 Healthcare

      5. 2.2.5 Electronics

      6. 2.2.6 Aerospace

      7. 2.2.7 Sports & Leisure

      8. 2.2.8 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 France

      4. 2.3.4 Italy

      5. 2.3.5 Rest of Europe

Europe Reactive Adhesives Market Size FAQs

The Europe Reactive Adhesives Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

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.

Europe Reactive Adhesives Report Snapshots

Europe Reactive Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)