| Product Code: ETC7551431 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s polymer binder import market saw a notable shift in 2024, with China, Japan, Indonesia, Metropolitan France, and the Netherlands emerging as the top exporters. Despite a decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 8.82%. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive landscape. This data suggests a dynamic and evolving market for polymer binders in India, with key players vying for a larger share of the import market.

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 Polymer Binder Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polymer Binder Market Revenues & Volume, 2021 & 2031F |
3.3 India Polymer Binder Market - Industry Life Cycle |
3.4 India Polymer Binder Market - Porter's Five Forces |
3.5 India Polymer Binder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Polymer Binder Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Polymer Binder Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Polymer Binder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for adhesives and sealants in various industries such as construction, automotive, and packaging. |
4.2.2 Growth in the construction sector in India, leading to higher consumption of polymer binders for paints and coatings. |
4.2.3 Rising investments in infrastructure projects driving the demand for polymer binders in the country. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of polymer binders. |
4.3.2 Stringent regulations and environmental concerns regarding the use of certain types of polymer binders. |
4.3.3 Intense competition among key market players leading to pricing pressures. |
5 India Polymer Binder Market Trends |
6 India Polymer Binder Market, By Types |
6.1 India Polymer Binder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Polymer Binder Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Polymer Binder Market Revenues & Volume, By Vinyl Acetate, 2021- 2031F |
6.1.4 India Polymer Binder Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.5 India Polymer Binder Market Revenues & Volume, By Styrene Acrylic, 2021- 2031F |
6.1.6 India Polymer Binder Market Revenues & Volume, By Latex, 2021- 2031F |
6.2 India Polymer Binder Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Polymer Binder Market Revenues & Volume, By Powder, 2021- 2031F |
6.2.3 India Polymer Binder Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.4 India Polymer Binder Market Revenues & Volume, By High Solids, 2021- 2031F |
6.3 India Polymer Binder Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Polymer Binder Market Revenues & Volume, By Coatings, 2021- 2031F |
6.3.3 India Polymer Binder Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.3.4 India Polymer Binder Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.5 India Polymer Binder Market Revenues & Volume, By Inks, 2021- 2031F |
6.3.6 India Polymer Binder Market Revenues & Volume, By Metals, 2021- 2031F |
6.3.7 India Polymer Binder Market Revenues & Volume, By Others, 2021- 2031F |
7 India Polymer Binder Market Import-Export Trade Statistics |
7.1 India Polymer Binder Market Export to Major Countries |
7.2 India Polymer Binder Market Imports from Major Countries |
8 India Polymer Binder Market Key Performance Indicators |
8.1 Research and development investment in new polymer binder technologies. |
8.2 Percentage increase in the adoption of eco-friendly polymer binders. |
8.3 Number of partnerships or collaborations for expanding market presence and product portfolio. |
9 India Polymer Binder Market - Opportunity Assessment |
9.1 India Polymer Binder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Polymer Binder Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Polymer Binder Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Polymer Binder Market - Competitive Landscape |
10.1 India Polymer Binder Market Revenue Share, By Companies, 2024 |
10.2 India Polymer Binder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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