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North America Reactive Adhesives Market Size, Share, Growth: By Resin Type: Polyurethane, Epoxy, Cyanoacrylate, Modified Acrylic, Anaerobic, Silicone, Others; By Industry Vertical: Building and Construction, Renewable Energy, Transportation, Healthcare, Electronics, Aerospace, Others; Regional Analysis; Competitive Landscape; 2024-2032
North America Reactive Adhesives Market Outlook
The North America reactive adhesives market size was valued at USD 1.63 billion in 2023. The market is further projected to grow at a CAGR of 1.9% between 2024 and 2032, reaching a value of USD 1.95 billion by 2032.
Key Takeaways
- PUR or polyurethane reactive hot melt glues can provide adhesive strengths that are more than 1,000 lbs.
- As per industry reports, in 2022, approximately 1.8 million cars were produced in the United States, an increase of over 13% over 2021.
Canada is home to a large number of global vehicle manufacturers with their local assembly lines. These include Ford, General Motors, Stellantis, Toyota, and Honda. According to the North America reactive adhesives market analysis, moisture-reactive PUR hot melt adhesives are deployed in car bodies and vehicle applications due to their high strength, weather resistance, flexibility, and irreversible properties. These are used to glue lamps, electronic equipment, automotive filtration, automotive carpets, seating, and interiors.
The expansion of the retail sector aids the demand for modified acrylic reactive adhesives for use in digital signage. Prominent supermarkets using digital signage include Walmart, inc., Kroger Co., and Costco Wholesale Corporation among others.
Epoxy adhesives comprise a resin and a hardener. As these two components are mixed, it results in a chemical reaction forming a strong, durable bond. These active adhesives are widely deployed in the construction, automotive, electronics, and aerospace sectors for bonding structural components and assembling parts. Prominent aerospace and defence companies in the United States of America, including Lockheed Martin Corp, The Boeing Co, General Dynamics Corp, Raytheon Technologies Corp, and Northrop Grumman Corp. According to the reactive adhesives market in North America, these companies are crucial contributors to the demand for epoxy reactive adhesives for aerospace manufacturing.
Market Segmentation
North America Reactive Adhesives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Resin Type
- Polyurethane
- Epoxy
- Cyanoacrylate
- Modified Acrylic
- Anaerobic
- Silicone
- Others
Market Breakup by Industry Vertical
- Building and Construction
- Renewable Energy
- Transportation
- Healthcare
- Electronics
- Aerospace
- Sports and Leisure
- Others
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The key players in the reactive adhesives market in North America are producing high-quality reactive adhesives products to meet the bonding needs of end-use markets.
- 3M Co.
- Franklin International
- The Dow Chemical Company
- H.B. Fuller Company.
- Dymax Corporation
- Henkel Corporation
- Sika AG
- Arkema
- Jowat SE
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Resin Type |
|
| Breakup by Industry Vertical |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Reactive Adhesives Market Overview
8.1 Key Industry Highlights
8.2 Global Reactive Adhesives Historical Market (2018-2023)
8.3 Global Reactive Adhesives Market Forecast (2024-2032)
8.4 Global Reactive Adhesives Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Reactive Adhesives Market Overview
9.1 Key Industry Highlights
9.2 North America Reactive Adhesives Historical Market (2018-2023)
9.3 North America Reactive Adhesives Market Forecast (2024-2032)
10 North America Reactive Adhesives Market by Resin Type
10.1 Polyurethane
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Epoxy
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cyanoacrylate
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Modified Acrylic
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Anaerobic
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Silicone
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 North America Reactive Adhesives Market by Industry Vertical
11.1 Building and Construction
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Renewable Energy
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Transportation
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Healthcare
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Electronics
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Aerospace
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Sports and Leisure
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Others
12 North America Reactive Adhesives Market by Country
12.1 United States of America
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Canada
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 3M Co.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Franklin International
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 The Dow Chemical Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 H.B. Fuller Company.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Dymax Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Henkel Corporation
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Sika AG
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Arkema
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Jowat SE
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Reactive Adhesives Market: Key Industry Highlights, 2018 and 2032
2. North America Reactive Adhesives Market: Key Industry Highlights, 2018 and 2032
3. North America Reactive Adhesives Historical Market: Breakup by Resin Type (USD Billion), 2018-2023
4. North America Reactive Adhesives Market Forecast: Breakup by Resin Type (USD Billion), 2024-2032
5. North America Reactive Adhesives Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
6. North America Reactive Adhesives Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
7. North America Reactive Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
8. North America Reactive Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
9. North America Reactive Adhesives Market Structure
Key Questions Answered in the Report
In 2023, the reactive adhesives market reached an approximate value of USD 1.63 billion.
The market is expected to grow at a CAGR of 1.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.95 billion by 2032.
Adhesives that set or cure when exposed to moisture, radiation, or heat are called reactive adhesives.
Reactive hot melt adhesives are applied in a molten state and are heated before processing. When the adhesive cools down, it undergoes a physical hardening process. Water molecules from the air or substrate then trigger a chemical reaction that transforms the adhesive into an elastomer.
The major drivers of the market include rising demand for automobiles, rising research to advance reactive adhesive technology, and the presence of a large number of reactive adhesive manufacturers.
Key trends aiding market expansion include rising domestic automotive and aerospace manufacturing, demand for strong adhesives from the end-use markets, and a growing demand for digital signage to attract customers in retail stores.
Major countries in the market are the United States of America and Canada.
The common resin types of reactive adhesives are polyurethane, epoxy, cyanoacrylate, modified acrylic, anaerobic, silicone, and others.
Key players in the market are 3M Co., Franklin International, The Dow Chemical Company, H.B. Fuller Company, Dymax Corporation, Henkel Corporation, Sika AG, Arkema, Jowat SE, and others.
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