North America Reactive Adhesives Market Size (2024 - 2029)

The North America reactive adhesives market is anticipated to experience significant growth, driven by increasing applications in wind turbine construction and a rising demand for heat-resistant products. Despite challenges posed by the negative effects of epoxy and acrylic adhesives on skin, the market's expansion is supported by the United States' dominant share. The renewable energy sector, in particular, is expected to exhibit the highest growth rate among end-user industries, contributing to the overall market size increase during the forecast period.

Home Market Analysis Chemicals & Materials Research Adhesives and Sealants Research Adhesives Research Reactive Adhesives Research North America Reactive Adhesives Market Market Size

Market Size of North America Reactive Adhesives Industry

North America 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

North America Reactive Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Reactive Adhesives Market Analysis

The North America 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.
  • United States 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.

North America Reactive Adhesives Industry Segmentation

The North America 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
United States
Canada
Mexico
Need A Different Region Or Segment?
Customize Now

North America Reactive Adhesives Market Size Summary

The North America reactive adhesives market is poised for significant growth, driven primarily by its increasing application in the construction of wind turbines. This sector's expansion is fueled by the rising demand for renewable energy sources, particularly wind energy, which is gaining traction due to its environmental benefits over traditional energy forms. Reactive adhesives play a crucial role in this industry by providing lightweight bonding solutions that enhance assembly efficiency and offer corrosion protection. Despite the positive outlook, the market faces challenges, such as the adverse effects of epoxy and acrylic adhesives on skin, which could hinder growth. However, the growing popularity of heat-resistant products presents a promising opportunity for market expansion.

The United States holds a dominant position in the North American reactive adhesives market, supported by robust demand from the transportation, construction, and aerospace sectors. The country's status as a leading automotive manufacturer contributes to the high demand for these adhesives, although recent declines in automotive production have posed challenges. The construction industry's growth further boosts the market, while the aerospace sector is expected to see increased demand with the expansion of the commercial aircraft fleet. The market is moderately fragmented, with key players like 3M, Sika AG, Arkema Group, H.B. Fuller Company, and Henkel AG & Co. KGaA sharing the market space.

Explore More

North America 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 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

North America Reactive Adhesives Market Size FAQs

The North America 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 North America Reactive Adhesives Market.

North America Reactive Adhesives Report Snapshots

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