MULTICOMPONENT REACTIVE FLOWS (II) ASYMPTOTIC STABILITY OF EQUILIBRIUM STATES Vincent GIOVANGIGLI and Marc MASSOT Centre de Math\'ematiques Appliqu\'ees Ecole Polytechnique, 91128 Palaiseau Cedex, France We consider the equations governing multicomponent reactive flows derived from the kinetic theory of dilute polyatomic reactive gas mixtures. We first discuss the structure of the chemical source term associated with Maxwellian distributions. We then investigate an abstract second order quasilinear system with a source term, around a constant equilibrium state. Assuming the existence a generalized entropy function, the invariance of the nullspace naturally associated with dissipation matrices, stability conditions for the source term, and a dissipative structure for the linearized equations, we establish global existence and asymptotic stability around the constant equilibrium state in all space dimensions and we obtain decay estimates. These results are then applied to multicomponent reactive flows using a normal form obtained in the previous part of the paper and the properties of Maxwellian chemical source terms. The whole paper is available as a compressed Postscript file by internet procedure FTP anonymous on host barbes.polytechnique.fr ( 129.104.4.100) in the directory pub/RI/1996 under the name giovangigli_massot_350.jun.ps.gz or by Xmosaic or any other www client via the CMAP www server "http://blanche.polytechnique.fr/"