Reactive And Other Adhesives Market Size, Share, Analysis, Growth, Trends, Industry Report 2023-2032|BASF SE, 3M, ADCO Global, Adhesives Research, American Biltrite,

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The Reactive And Other Adhesives Global Market Report 2023 by The Business Research Company, provides reactive and other adhesives market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Reactive And Other Adhesives Global Market Report 2023, the market size will grow from $10.76 billion in 2022 to $11.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global reactive and other adhesives is expected to grow from $14.92 billion in 2027 at a CAGR of 6.7%.

The adhesive market is expected to benefit from growth in the automobile industry during the forecast period. There is a drive for the 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.

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The reactive and other adhesives market is segmented:

1) By Type: Epoxy, Acylic, Silicone, Polyurethane, Other Types

2) By Additive: Polyurethane, Acrylic, Silicone, Vinyl, Epoxides, Other Additives

3) By Application: Building & Construction, Automotive & Transportation, Power, Electrical & Electronics, Other Applications

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 market report table of contents includes:

1. Executive Summary

2. Reactives & Others Adhesives Market Characteristics

3. Reactives & Others Adhesives Market Trends And Strategies

4. Reactives & Others Adhesives Market – Macro Economic Scenario

5. Reactives & Others Adhesives Market Size And Growth

26. Africa Reactives & Others Adhesives Market

27. Reactives & Others Adhesives Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Reactives & Others Adhesives Market29. Reactives & Others Adhesives Market Future Outlook and Potential Analysis

30. Appendix

Top Major Players: