Product Code: ETC018584 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Adhesives And Sealants market currently, in 2023, has witnessed an HHI of 1635, Which has increased slightly as compared to the HHI of 1299 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Adhesives and sealants are widely used in the construction, automotive, electronics, paper & packaging industries. India adhesives and sealants market is expected to witness a healthy growth over the forecast period of 2020-2026. Market growth can be attributed to increasing demand from end use applications such as furniture, construction industry, packaging industry among others. The growing population coupled with rising disposable income level has also fuelled the demand for adhesives & sealants in India.
1. Growing End Use Industries Such as Automotive and Construction: Increasing consumer spending on automobiles along with rapid urbanization has resulted in an increased demand for cars which have fueled the need for production of lightweight vehicles that offer better safety features coupled with improved fuel efficiency which can only be achieved by using various types of adhesive materials during assembly process leading to a surge in overall demands of adhesive & sealant products in India?s automotive industry. Additionally, increase in investments towards infrastructure development activities is further boosting the growth prospects of this market segment
2. Technological Advancements: Over recent years there has been significant advancements observed within technology arena related to adhesives & seals due to emergence of new technologies like nano technology resulting into enhanced performance characteristics including improved heat resistance capabilities as well as excellent UV protection properties making these materials suitable for different application areas such us building material sealing solutions etc., thus driving its overall consumption across various end user segments within Indian economy
Fluctuating Raw Material Prices: Major raw material components used in manufacturing adhesives & sealants include polymers (such styrene butadiene rubber (SBR), ethylene propylene diene monomer (EPDM), acrylics etc.), solvents (ethyl alcohol, mineral spirits etc.) spreaders/emulsifiers/thickeners or rheology modifiers among others all being sourced through petrochemical feedstock markets having suppliers located across global region witnessing frequent fluctuations thus creating uncertainity regarding their cost structure making it difficult for manufacturers functioning within this realm o maintain constant profit margins over time
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Adhesives and sealants Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Adhesives and sealants Market Revenues & Volume, 2020 & 2030F |
3.3 India Adhesives and sealants Market - Industry Life Cycle |
3.4 India Adhesives and sealants Market - Porter's Five Forces |
3.5 India Adhesives and sealants Market Revenues & Volume Share, By Formulation Technology, 2020 & 2030F |
3.6 India Adhesives and sealants Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 India Adhesives and sealants Market Revenues & Volume Share, By Resin Type, 2020 & 2030F |
4 India Adhesives and sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Adhesives and sealants Market Trends |
6 India Adhesives and sealants Market, By Types |
6.1 India Adhesives and sealants Market, By Formulation Technology |
6.1.1 Overview and Analysis |
6.1.2 India Adhesives and sealants Market Revenues & Volume, By Formulation Technology, 2020-2030F |
6.1.3 India Adhesives and sealants Market Revenues & Volume, By Water-based, 2020-2030F |
6.1.4 India Adhesives and sealants Market Revenues & Volume, By Solvent-based, 2020-2030F |
6.1.5 India Adhesives and sealants Market Revenues & Volume, By Hot melt, 2020-2030F |
6.1.6 India Adhesives and sealants Market Revenues & Volume, By Reactive & Others, 2020-2030F |
6.2 India Adhesives and sealants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Adhesives and sealants Market Revenues & Volume, By Paper & Packaging, 2020-2030F |
6.2.3 India Adhesives and sealants Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.2.4 India Adhesives and sealants Market Revenues & Volume, By Woodworking, 2020-2030F |
6.2.5 India Adhesives and sealants Market Revenues & Volume, By Consumer/DIY, 2020-2030F |
6.2.6 India Adhesives and sealants Market Revenues & Volume, By Automotive & Transportation, 2020-2030F |
6.2.7 India Adhesives and sealants Market Revenues & Volume, By Leather & Footwear, 2020-2030F |
6.2.8 India Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 India Adhesives and sealants Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Adhesives and sealants Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 India Adhesives and sealants Market Revenues & Volume, By Silicone, 2020-2030F |
6.3.3 India Adhesives and sealants Market Revenues & Volume, By Polyurethane, 2020-2030F |
6.3.4 India Adhesives and sealants Market Revenues & Volume, By Plastisol, 2020-2030F |
6.3.5 India Adhesives and sealants Market Revenues & Volume, By Emulsion, 2020-2030F |
6.3.6 India Adhesives and sealants Market Revenues & Volume, By Polysulfide, 2020-2030F |
6.3.7 India Adhesives and sealants Market Revenues & Volume, By Butyl, 2020-2030F |
7 India Adhesives and sealants Market Import-Export Trade Statistics |
7.1 India Adhesives and sealants Market Export to Major Countries |
7.2 India Adhesives and sealants Market Imports from Major Countries |
8 India Adhesives and sealants Market Key Performance Indicators |
9 India Adhesives and sealants Market - Opportunity Assessment |
9.1 India Adhesives and sealants Market Opportunity Assessment, By Formulation Technology, 2020 & 2030F |
9.2 India Adhesives and sealants Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 India Adhesives and sealants Market Opportunity Assessment, By Resin Type, 2020 & 2030F |
10 India Adhesives and sealants Market - Competitive Landscape |
10.1 India Adhesives and sealants Market Revenue Share, By Companies, 2023 |
10.2 India Adhesives and sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |