Reactives & Others Adhesives Global Market Report 2020 - By Type (Epoxy, Acylic, Silicone, Polyurethane), By Applications (Building & Construction, Automotive & Transportation, Power, Electrical & Electronics)

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The reactives & other adhesives market consists of sales of reactive & others adhesives which are generally made out of monomer (resin) and an initiator.

The global reactives and other adhesives market was worth $14.3 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8.4% and reach $19.8 billion by 2023.

The reactives and other adhesives market in Asia Pacific is forecasted to register the highest CAGR during 2019-2023.

The adhesive market is expected to benefit from growth in the automobiles industry during the forecast period. There is a drive for production of lightweight automobiles which is leading to an increase in demand for adhesives and sealants. These are used in place of welded joints, mechanical fasteners and gaskets and help reduce the weight of the automobile. For instance, companies such as Jowat is using reactive adhesives for perfect bonding of vehicle parts in automotive industry. Thus, increased use of plastics in automobiles is expected to increase the demand for reactive adhesives during the forecast period.

Stringent safety regulations associated with the manufacturing and transportation of adhesives chemicals was a major restraint on the market. These substances are highly inflammable, toxic and hazardous when exposed to exposed extreme temperatures and pressures. Companies in this industry should invest in equipment, technologies and processes to limit the toxic levels and chemical concentrations.  These regulations increased the operating costs of companies in this industry, thus limiting the scope for investments relating to the launch of new products and expansion into new markets, thereby affecting the market growth.

Many adhesive companies are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers on possible machine breakdowns.  For instance, some of the major companies adopting IoT include BASF SE, The Dow Chemical Company and H.B. Fuller.

In October 2017, H.B. Fuller, American based adhesive manufacturing company has acquired Royal Adhesives & Sealants, American based company specialized in adhesives and sealants for an amount of $1.57 billion. According to this agreement, H.B. Fuller has obtained various adhesive products such as solvent-based, water-based, urethane and thermosetting epoxy(reactive based adhesive) technologies that are used for specialized applications. This acquisition will further increase the customer base of H.B. Fuller across different regions.

The major players in the global reactives & others adhesives market are BASF SE, 3M, ADCO Global, Adhesives Research, American Biltrite, Avery Dennison, Chemence, Collano Adhesives, Dow Chemical, H.B. Fuller

The countries covered in the global reactives & others adhesives market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

    Table Of Contents

    1. Executive Summary

    2. Reactive & Others Adhesives Market Characteristics

    3. Reactive & Others Adhesives Market Size And Growth

    3.1. Global Reactive & Others Adhesives Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Reactive & Others Adhesives Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Reactive & Others Adhesives Market Segmentation

    4.1. Global Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Epoxy

    Acylic

    Silicone

    Polyurethane

    Others

    4.2. Global Reactive & Others Adhesives Market, Segmentation By Applications, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Building & Construction

    Automotive & Transportation

    Power

    Electrical & Electronics

    Others

    5. Reactive & Others Adhesives Market Regional And Country Analysis

    5.1. Global Reactive & Others Adhesives Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Reactive & Others Adhesives Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Reactive & Others Adhesives Market  

    6.1. Asia-Pacific Reactive & Others Adhesives Market Overview  

    6.2. Asia-Pacific Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Reactive & Others Adhesives Market  

    7.1. China Reactive & Others Adhesives Market Overview  

    7.2. China Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Reactive & Others Adhesives Market  

    8.1. India Reactive & Others Adhesives Market Overview  

    8.2. India Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Reactive & Others Adhesives Market  

    9.1. Japan Reactive & Others Adhesives Market Overview  

    9.2. Japan Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Reactive & Others Adhesives Market  

    10.1. Australia Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Reactive & Others Adhesives Market  

    11.1. Indonesia Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Reactive & Others Adhesives Market  

    12.1. South Korea Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Reactive & Others Adhesives Market  

    13.1. Western Europe Reactive & Others Adhesives Market Overview

    13.2. Western Europe Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Reactive & Others Adhesives Market  

    14.1. UK Reactive & Others Adhesives Market Overview

    14.2. UK Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Reactive & Others Adhesives Market  

    15.1. Germany Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Reactive & Others Adhesives Market  

    16.3. France Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Reactive & Others Adhesives Market  

    17.1. Eastern Europe Reactive & Others Adhesives Market Overview

    17.2. Eastern Europe Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Reactive & Others Adhesives Market  

    18.1. Russia Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Reactive & Others Adhesives Market  

    19.1. North America Reactive & Others Adhesives Market Overview

    19.2. North America Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Reactive & Others Adhesives Market  

    20.1. USA Reactive & Others Adhesives Market Overview

    20.2. USA Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Reactive & Others Adhesives Market  

    21.1. South America Reactive & Others Adhesives Market Overview

    21.2. South America Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Reactive & Others Adhesives Market  

    22.1. Brazil Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Reactive & Others Adhesives Market  

    23.1. Middle East Reactive & Others Adhesives Market Overview

    23.2. Middle East Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Reactive & Others Adhesives Market  

    24.1. Africa Reactive & Others Adhesives Market Overview

    24.2. Africa Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Reactive & Others Adhesives Market Competitive Landscape And Company Profiles

    25.1. Reactive & Others Adhesives Market Competitive Landscape

    25.2. Reactive & Others Adhesives Market Company Profiles

    25.2.1. BASF SE

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. 3M

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. ADCO Global

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Adhesives Research

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. American Biltrite

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Reactive & Others Adhesives Market

    27. Reactive & Others Adhesives Market Trends And Strategies

    28. Reactive & Others Adhesives Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Reactive & Others Adhesives Market, Segmentation By Applications, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Reactive & Others Adhesives Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Reactive & Others Adhesives Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: BASF SE Financial Performance
  • Table 27: 3M Financial Performance
  • Table 28: ADCO Global Financial Performance
  • Table 29: Adhesives Research Financial Performance
  • Table 30: American Biltrite Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Reactive & Others Adhesives Market, Segmentation By Applications, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Reactive & Others Adhesives Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Reactive & Others Adhesives Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Reactive & Others Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: BASF SE Financial Performance
  • Figure 27: 3M Financial Performance
  • Figure 28: ADCO Global Financial Performance
  • Figure 29: Adhesives Research Financial Performance
  • Figure 30: American Biltrite Financial Performance
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Frequently Asked Questions

What is the definition of the reactives & others adhesives market?

The reactives & other adhesives market consists of sales of reactive & others adhesives which are generally made out of monomer (resin) and an initiator. request a sample here

How will the reactives & others adhesives market drivers and restraints affect reactives & others adhesives market dynamics? What forces will shape the reactives & others adhesives industry going forward?

The reactives & other adhesives market growth is aided by growth in the automobiles industry. However, some reactives & other adhesives market restraints include stringent safety regulations request a sample here

What is the forecast market size of the reactives & others adhesives market?

The reactives & other adhesives market forecast is expected to reach $19.8 billion in 2023 at a compound annual growth rate of 8.4%. request a sample here

How is the reactives & others adhesives market segmented?
Which region has largest share, and what is the market size and growth by geography according to the reactives & others adhesives global market report?

For more detail on this, request a sample here.

Who are the key players of the global reactives & others adhesives market?

Top competitors in the reactives & other adhesives market are BASF SE, 3M, ADCO Global, Adhesives Research, American Biltrite, Avery Dennison, Chemence, Collano Adhesives, Dow Chemical, H.B. Fuller request a sample here.

What are the key trends in the global reactives & others adhesives market?

Major trends influencing the reactives & other adhesives market include adoption of iot (internet of things) technologies to connect equipment and smart devices to garner real time insights and locate gaps in the manufacturing process. request a sample here.

What are the major opportunities in the reactives & others adhesives market and the approaches companies can take to take advantage of them?

For detail on the future and current opportunities in the global reactives & others adhesives market, request a sample here.

How does the reactives & others adhesives market relate to the overall economy and other similar markets?