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the automobile industry are expected to drive innovation in reactive and other adhesives manufacturing, thus driving the market during the forecast period.

The global reactive and other adhesives market is expected to grow from $10.76 billion in 2022 to $11.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global reactive and other adhesives market size is expected to grow from $14.92 billion in 2027 at a CAGR of 6.7%.

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Global Reactive And Other Adhesives Market Segments Include:

• By Type: Epoxy, Acylic, Silicone, Polyurethane, Other Types
• By Additive: Polyurethane, Acrylic, Silicone, Vinyl, Epoxides, Other Additives
• By Application: Building & Construction, Automotive & Transportation, Power, Electrical & Electronics, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global reactive and other adhesives market in 2021.

Major Market Players in the reactive and other adhesives market include BASF SE, 3M, ADCO Global, Adhesives Research, American Biltrite, Avery Dennison, Chemence, Collano Adhesives, Dow Chemical, and H.B. Fuller.

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 of possible machine breakdowns. For instance, some of the major companies adopting IoT include BASF SE, The Dow Chemical Company, and H.B. Fuller.

The Reactive And Other Adhesives Global Market Report 2023 provides a reactive and other adhesives market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The reactive and other adhesives market forecast analyzes reactive and other adhesives market size, reactive and other adhesives market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Reactive and other adhesives refer to adhesives that are generally made out of monomer (resin) and an initiator. The reactive and other adhesives require a chemical reaction to form an adhesive bond.

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