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The reactive adhesives market share is expected to increase by USD 1.95 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.11%. The reactive adhesives market report also offers information on several market vendors, including 3M Corp., Arkema SA, Buhnen GmbH and Co. KG, Collano AG, The Dow Chemical Co., Franklin International Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Hexion Inc., Huntsman Corp., Illinois Tool Works Inc., Intertape Polymer Group Inc., Jowat SE, LINTEC Corp., Master Bond Inc., Parker Hannifin Corp., Pidilite Industries Ltd., Sika AG, Wacker Chemie AG, and Avery Dennison Corp. among others. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this reactive adhesives market research report extensively covers market segmentation by product (epoxy, anaerobic, modified acrylic, polyurethane, and others) and geography (APAC, Europe, North America, Middle East and Africa, and South America).
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The increasing demand for reactive adhesives in the medical industry is notably driving the reactive adhesives market growth, although factors such as rise in price of reactive adhesives may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the reactive adhesives industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Reactive Adhesives Market Driver
Key Reactive Adhesives Market Trend
Key Reactive Adhesives Market Challenge
This reactive adhesives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the reactive adhesives market encompasses successful business strategies deployed by the key vendors. The reactive adhesives market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The reactive adhesives market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the reactive adhesives market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Technavio categorizes the global reactive adhesives market as a part of the global chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the reactive adhesives market during the forecast period.
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58% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for reactive adhesives in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The significant increase in the demand for adhesives in various applications, such as construction, healthcare, and transportation, will facilitate the reactive adhesives market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 severely affected several countries in the region, such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines. Stringent lockdowns were imposed to prevent the community transmission of the disease. As a result, various companies and manufacturing units experienced production scarcity, which, in turn, hampered the growth of the regional market in 2020. However, factors such as the resumption of industrial activities at the end of 2020 led to a rise in the demand for reactive adhesives in the region. This, in turn, is anticipated to drive the growth of the regional reactive adhesives market over the forecast period.
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The reactive adhesives market share growth by the epoxy segment will be significant during the forecast period. It is possible to change the mechanical strength and thermal, electrical, and chemical resistance of epoxies by monitoring curing conditions by temperature and choice of resin and hardener chemicals. As a result, epoxy adhesives have been created to meet a wide range of applications and operating circumstances. Such factors will drive the market growth through this segment in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the reactive adhesives market size and actionable market insights on post COVID-19 impact on each segment.
Reactive Adhesives Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.11% |
Market growth 2022-2026 |
$ 1.95 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.95 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 58% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
3M Corp., Arkema SA, Buhnen GmbH and Co. KG, Collano AG, The Dow Chemical Co., Franklin International Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Hexion Inc., Huntsman Corp., Illinois Tool Works Inc., Intertape Polymer Group Inc., Jowat SE, LINTEC Corp., Master Bond Inc., Parker Hannifin Corp., Pidilite Industries Ltd., Sika AG, Wacker Chemie AG, and Avery Dennison Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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