Reactive Adhesives Market Size (2024 - 2029)

The reactive adhesives market is anticipated to experience significant growth, driven by their increasing application in wind turbine construction. Despite challenges posed by the adverse effects of epoxy and acrylic adhesives on skin, the demand for heat-resistant products presents a substantial opportunity for market expansion. The Asia-Pacific region holds the largest market share and is expected to maintain its leading position. Wind turbines are projected to be the dominant end-user industry throughout the forecast period.

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Market Size of Reactive Adhesives Industry

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Reactive Adhesives Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Reactive Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Reactive Adhesives Market Analysis

The global reactive adhesives market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the growing application of the reactive adhesives in constructing wind turbines. However, negative effects of epoxy and acrylic Reactive adhesives on skin is hindering the growth of the market studied. 

  • However growing popularity of heat-resistant products is expected to provide a major growth opportunity for the market studied.
  • Asia-Pacific 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, wind turbines are expected to dominate the market studied during the forecast period. 

Reactive Adhesives Industry Segmentation

The Global Reactive Adhesives Market 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
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Reactive Adhesives Market Size Summary

The reactive adhesives market is poised for significant growth, driven primarily by their increasing application in the construction of wind turbines. This growth is fueled by the rising demand for wind energy, which is favored for its clean and non-polluting characteristics compared to traditional energy sources. Reactive adhesives play a crucial role in this sector by bonding turbine blades, offering advantages such as reduced weight, faster assembly times, and corrosion protection. Despite the positive outlook, the market faces challenges due to the adverse effects of epoxy and acrylic adhesives on skin, which could hinder growth. However, the growing demand for heat-resistant products presents a promising opportunity for market expansion.

Asia-Pacific currently holds the largest share of the reactive adhesives market, with countries like China and India leading the charge due to their substantial investments in wind energy and robust construction activities. The region's dominance is expected to continue throughout the forecast period. The market is moderately fragmented, with key players such as 3M, Sika AG, Arkema Group, H.B. Fuller Company, and Henkel AG & Co. KGaA sharing the market space. These companies are instrumental in driving innovation and meeting the increasing demand for reactive adhesives across various industries, particularly in wind energy and construction.

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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 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 ASEAN Countries

        6. 2.3.1.6 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Reactive Adhesives Market Size FAQs

The Reactive Adhesives Market is projected to register a CAGR of greater than 6% 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 Reactive Adhesives Market.

Reactive Adhesives Report Snapshots

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