Reactive Adhesives Market Trends

Statistics for the 2023 & 2024 Reactive Adhesives market trends, created by Mordor Intelligence™ Industry Reports. Reactive Adhesives trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Trends of Reactive Adhesives Industry

This section covers the major market trends shaping the Reactive Adhesives Market according to our research experts:

Wind Turbines Industry to Witness the Highest Growth Rate

  • The consumption of wind energy has been significantly increasing across the globe in 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 global installed wind power capacity has witnessed a significant growth in the recent years owing to the growing environmental consciousness across the globe.
  • Hence, owing to the above-mentioned factors, wind turbines industry is likely to witness the highest growth rate during the forecast period.
Gobal Reactive Adhesives Market- Revenue Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific accounts for the highest share of the reactive adhesives market currently owing to the high demand from countries like China and India.
  • The total installed wind power capacity in China has increased at a healthy growth rate over the past few years owing to the increasing investment by the government in wind energy.
  • Additionally, the construction industry of China has been witnessing a significant growth in the recent past.These are the major factors that are driving the demand for reactive adhesives in the country.
  • In addition to China, India has also witnessed a major growth in its installed wind power capacity which is likely to boost the market studied in the country.
  • Hence, owing to the above-mentioned reasons, Asia-Pacific is likely to dominate the global reactive adhesives during the forecast period.
Reactive Adhesives Market - Regional Trends

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