Market Forecast By Types (Acrylic, Epoxy, Polyvinyl Acetate (PVA), Polyurethane (PU), Styrenic Block, Ethyl Vinyl Acetate (EVA), Silicone & Others), By Technology (Water-based, Solvent-based, Hot Melt, Pressure Sensitive, Reactive and Others) And Competitive Landscape
Product Code: ETC019844 | 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 | |
The India Adhesives Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.62% in 2025, the market peaks at 14.64% in 2027, and settles at 14.06% by 2029.
The India Adhesives Market is estimated to grow at a significant growth rate over the forecast period as the sector is driven by the rising use of adhesives in tiles, flooring, as well as insulation applications. The sector’s growth in the country is also driven by the rising demand for adhesives from structural bonding applications.
According to 6Wresearch, the India Adhesives Market size is anticipated to grow at a higher growth rate during 2023-2029. The sector for adhesive in India is rising steadily and it is driven by many growth factors which include the rising demand for it from automotive and construction industries, rising packaging industry and the rising used of it from healthcare sector. These industries have been supporting the India Adhesives Market Growth. The automotive industry in the country is the major end user of adhesives. Packaging industry is another major end users of adhesives. The demand for adhesives is also rising from construction as well as healthcare sectors of the country.
The sector in the country is competitive and the competition is growing more. The sector is dominated by multinational players and there are also local manufacturers. Companies in the sector are investing in R&D activities in order to introduce innovative and new products. The sector has been attaining growth and will continue to attain more growth in the near future.
The coronavirus pandemic hit many industries in the world and disrupted their growth except some. The impact of the pandemic was negative as well as positive on the India Adhesives Market Share. The pandemic disrupted the supply chain in the country and slowdown in end-user sectors also affected the sector growth in India. These two factors affected the growth of the market when the pandemic hit it.
Some of the key factors aid the market growth during the pandemic are the shift in consumer behavior, rising focus on sustainability, and accelerated adoption of virtual technologies. These factors boosted the growth of the market during the pandemic. The impact of the pandemic on this sector was mixed as it affected the market both negatively and positively.
On the basis of types, the Adhesives Market in India is segmented into Acrylic, Epoxy, Polyvinyl Acetate (PVA), Polyurethane (PU), Styrenic Block, Ethyl Vinyl Acetate (EVA), Silicone and Others. All these types segments are expected to rise in the market.
On the basis of technology, the India Adhesives Industry is segmented into Water-Based, Solvent-Based, Hot Melt, Pressure Sensitive, Reactive and Others. All these technology segments will rise within the sector.
The report offers a comprehensive study of the subsequent market segments:
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 Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Adhesives Market Revenues & Volume, 2022 & 2029F |
3.3 India Adhesives Market - Industry Life Cycle |
3.4 India Adhesives Market - Porter's Five Forces |
3.5 India Adhesives Market Revenues & Volume Share, By Types, 2022 & 2029F |
3.6 India Adhesives Market Revenues & Volume Share, By Technology, 2022 & 2029F |
4 India Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Adhesives Market Trends |
6 India Adhesives Market, By Types |
6.1 India Adhesives Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Adhesives Market Revenues & Volume, By Types, 2019 - 2029F |
6.1.3 India Adhesives Market Revenues & Volume, By Acrylic, 2019 - 2029F |
6.1.4 India Adhesives Market Revenues & Volume, By Epoxy, 2019 - 2029F |
6.1.5 India Adhesives Market Revenues & Volume, By Polyvinyl Acetate (PVA), 2019 - 2029F |
6.1.6 India Adhesives Market Revenues & Volume, By Polyurethane (PU), 2019 - 2029F |
6.1.7 India Adhesives Market Revenues & Volume, By Styrenic Block, 2019 - 2029F |
6.1.8 India Adhesives Market Revenues & Volume, By Ethyl Vinyl Acetate (EVA), 2019 - 2029F |
6.2 India Adhesives Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Adhesives Market Revenues & Volume, By Water-based, 2019 - 2029F |
6.2.3 India Adhesives Market Revenues & Volume, By Solvent-based, 2019 - 2029F |
6.2.4 India Adhesives Market Revenues & Volume, By Hot Melt, 2019 - 2029F |
6.2.5 India Adhesives Market Revenues & Volume, By Pressure Sensitive, 2019 - 2029F |
6.2.6 India Adhesives Market Revenues & Volume, By Reactive and Others, 2019 - 2029F |
7 India Adhesives Market Import-Export Trade Statistics |
7.1 India Adhesives Market Export to Major Countries |
7.2 India Adhesives Market Imports from Major Countries |
8 India Adhesives Market Key Performance Indicators |
9 India Adhesives Market - Opportunity Assessment |
9.1 India Adhesives Market Opportunity Assessment, By Types, 2022 & 2029F |
9.2 India Adhesives Market Opportunity Assessment, By Technology, 2022 & 2029F |
10 India Adhesives Market - Competitive Landscape |
10.1 India Adhesives Market Revenue Share, By Companies, 2022 |
10.2 India Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |