Key Insights
The India adhesives market, valued at approximately ₹XX billion (estimated based on the provided CAGR and market size, converting "Million Value Unit" to an estimated Rupee value for the Indian market) in 2025, is projected to experience robust growth at a 5% CAGR from 2025 to 2033. This expansion is driven by several key factors. The burgeoning construction sector, fueled by rapid urbanization and infrastructure development, significantly boosts demand for construction adhesives. Similarly, the automotive industry's expansion and the growth of the packaging industry contribute substantially to market growth. Technological advancements, such as the increasing adoption of high-performance adhesives like UV-cured and hot melt adhesives, further propel the market. The diverse end-use industries, encompassing aerospace, footwear, healthcare, and woodworking, create a broad base for market demand. While certain raw material price fluctuations could pose challenges, the overall market outlook remains positive, supported by continuous innovation and increasing awareness of the advantages of advanced adhesive technologies.
Regional variations are expected, with South and West India likely to lead growth given their concentration of manufacturing and construction activity. Segmentation analysis reveals strong demand for specific adhesive types. Hot melt and reactive adhesives, owing to their ease of application and strong bonding properties, are anticipated to maintain substantial market share. Similarly, acrylic, epoxy, and polyurethane resins are expected to dominate due to their versatility and suitability for diverse applications. Major players like Henkel, 3M, Pidilite, and others, are likely to continue dominating the market, with strategic investments in R&D and expansion in regional capacities. The forecast period (2025-2033) holds significant growth potential, making the India adhesives market an attractive investment opportunity.
India Adhesives Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the India adhesives market, offering valuable insights into market dynamics, growth drivers, competitive landscape, and future trends. The study covers the period from 2019 to 2033, with 2025 as the base year and a forecast period extending to 2033. The report segments the market by end-user industry, technology, and resin type, providing granular data for informed strategic decision-making. The market is valued at xx Million in 2025 and is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period.
India Adhesives Market Market Structure & Competitive Dynamics
The Indian adhesives market exhibits a moderately concentrated structure, with key players like Pidilite Industries Ltd., 3M, Henkel AG & Co KGaA, and Arkema Group holding significant market share. The market is characterized by a dynamic innovation ecosystem, driven by the increasing demand for advanced adhesive technologies across various end-user industries. Regulatory frameworks, including those related to environmental compliance and product safety, play a significant role in shaping market dynamics. Product substitution, particularly the adoption of eco-friendly adhesives, is a key trend. Mergers and acquisitions (M&A) activities have been observed, although the overall deal values remain relatively modest compared to global markets. For instance, Sika's investment in a new facility in Pune signifies the growth potential and increased investment into the region.
- Market Concentration: Moderately concentrated, with top 5 players accounting for approximately xx% market share in 2025.
- Innovation Ecosystem: Strong, driven by increasing demand for specialized adhesives in high-growth sectors.
- Regulatory Framework: Impactful, focusing on environmental compliance and product safety.
- M&A Activity: Moderate, with deal values totaling approximately xx Million in the past five years.
- End-User Trends: Growing demand for high-performance, eco-friendly adhesives across multiple sectors.
India Adhesives Market Industry Trends & Insights
The India adhesives market is experiencing robust growth, driven by several factors. The burgeoning construction sector, expanding automotive industry, and increasing demand for packaging materials are major contributors. Technological advancements, such as the development of bio-based and sustainable adhesives, are reshaping the market landscape. Consumer preferences are shifting towards high-performance, eco-friendly, and user-friendly adhesive solutions. Competitive dynamics are characterized by product innovation, strategic partnerships, and capacity expansion. The market's penetration is high within established sectors, but there are substantial opportunities for growth in emerging segments like aerospace and healthcare. The CAGR for the period 2025-2033 is projected at xx%, indicating significant market expansion.
Dominant Markets & Segments in India Adhesives Market
The building and construction sector is the dominant end-user industry for adhesives in India, driven by robust infrastructure development and urbanization. The hot melt technology segment holds a significant market share due to its ease of application and versatility. Acrylic resins dominate the market owing to their cost-effectiveness and wide range of applications.
- Dominant End-User Industry: Building and Construction (Driven by infrastructure development and urbanization)
- Dominant Technology: Hot Melt (Ease of application and versatility)
- Dominant Resin: Acrylic (Cost-effectiveness and broad applications)
Key drivers include government initiatives promoting infrastructure development, rapid urbanization leading to increased construction activities, and the growing demand for packaged goods.
India Adhesives Market Product Innovations
Recent innovations include the introduction of bio-based adhesives, emphasizing sustainability and environmental concerns. Companies are focusing on developing adhesives with improved performance characteristics, such as higher bonding strength, enhanced durability, and faster curing times. The market is witnessing a rise in specialized adhesives tailored for specific applications, including those in the healthcare and aerospace sectors. These innovations are crucial in enhancing the competitiveness and market fit of adhesive products.
Report Segmentation & Scope
The report segments the India adhesives market by:
End-User Industry: Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery, Other End-user Industries
Technology: Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne
Resin: Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA, Other Resins
Each segment's growth projection, market size, and competitive dynamics are analyzed in detail, providing a comprehensive understanding of the market landscape.
Key Drivers of India Adhesives Market Growth
The market's growth is fueled by several factors, including:
- Rapid Urbanization and Infrastructure Development: Driving demand for construction adhesives.
- Growth of the Automotive and Packaging Industries: Increasing demand for specialized adhesives.
- Technological Advancements: Development of high-performance and eco-friendly adhesives.
- Favorable Government Policies: Supporting infrastructure development and industrial growth.
Challenges in the India Adhesives Market Sector
The market faces several challenges:
- Fluctuating Raw Material Prices: Affecting production costs and profitability.
- Stringent Environmental Regulations: Requiring compliance with emission standards.
- Intense Competition: From both domestic and international players.
- Supply Chain Disruptions: Impacting product availability and delivery timelines.
Leading Players in the India Adhesives Market Market
- Henkel AG & Co KGaA
- Pidilite Industries Ltd
- 3M
- Arkema Group
- Jubilant Industries Ltd
- Huntsman International LLC
- H B Fuller Company
- ASTRAL ADHESIVES
- Sika A
- AVERY DENNISON CORPORATION
Key Developments in India Adhesives Market Sector
- December 2021: Sika announced a new technology center and manufacturing facility in Pune, India, focusing on transportation and construction adhesives.
- December 2021: Arkema launched a new range of disposable hygiene adhesive solutions under the Nuplaviva brand, featuring bio-based renewable content.
- October 2021: 3M introduced a new generation of acrylic adhesives, including the 3M Scotch-Weld Low Odor Acrylic Adhesive 8700NS Series, 3M Scotch-Weld Flexible Acrylic Adhesive 8600NS Series, and 3M Scotch-Weld Nylon Bonder Structural Adhesive DP8910NS.
Strategic India Adhesives Market Market Outlook
The India adhesives market presents significant growth opportunities, driven by sustained economic growth, infrastructure development, and increasing industrial activity. Strategic investments in research and development, expansion into niche segments, and focus on sustainable adhesive solutions will be crucial for success. The market's future potential is bright, with continuous innovation and adoption of advanced technologies promising further market expansion.
India Adhesives Market Segmentation
-
1. End User Industry
- 1.1. Aerospace
- 1.2. Automotive
- 1.3. Building and Construction
- 1.4. Footwear and Leather
- 1.5. Healthcare
- 1.6. Packaging
- 1.7. Woodworking and Joinery
- 1.8. Other End-user Industries
-
2. Technology
- 2.1. Hot Melt
- 2.2. Reactive
- 2.3. Solvent-borne
- 2.4. UV Cured Adhesives
- 2.5. Water-borne
-
3. Resin
- 3.1. Acrylic
- 3.2. Cyanoacrylate
- 3.3. Epoxy
- 3.4. Polyurethane
- 3.5. Silicone
- 3.6. VAE/EVA
- 3.7. Other Resins
India Adhesives Market Segmentation By Geography
- 1. India
India Adhesives Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 5.00% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Growing Demand From Various End-user Industries; Superior Characteristics of Ceramic Textiles
- 3.3. Market Restrains
- 3.3.1. ; Stringent Environmental Regulations; Unfavourable Conditions Arising Due to COVID-19 Outbreak
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. India Adhesives Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Aerospace
- 5.1.2. Automotive
- 5.1.3. Building and Construction
- 5.1.4. Footwear and Leather
- 5.1.5. Healthcare
- 5.1.6. Packaging
- 5.1.7. Woodworking and Joinery
- 5.1.8. Other End-user Industries
- 5.2. Market Analysis, Insights and Forecast - by Technology
- 5.2.1. Hot Melt
- 5.2.2. Reactive
- 5.2.3. Solvent-borne
- 5.2.4. UV Cured Adhesives
- 5.2.5. Water-borne
- 5.3. Market Analysis, Insights and Forecast - by Resin
- 5.3.1. Acrylic
- 5.3.2. Cyanoacrylate
- 5.3.3. Epoxy
- 5.3.4. Polyurethane
- 5.3.5. Silicone
- 5.3.6. VAE/EVA
- 5.3.7. Other Resins
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. India
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. North India India Adhesives Market Analysis, Insights and Forecast, 2019-2031
- 7. South India India Adhesives Market Analysis, Insights and Forecast, 2019-2031
- 8. East India India Adhesives Market Analysis, Insights and Forecast, 2019-2031
- 9. West India India Adhesives Market Analysis, Insights and Forecast, 2019-2031
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Henkel AG & Co KGaA
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Pidilite Industries Ltd
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 3M
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Arkema Group
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Jubilant Industries Ltd
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Huntsman International LLC
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 H B Fuller Company
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 ASTRAL ADHESIVES
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Sika A
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 AVERY DENNISON CORPORATION
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.1 Henkel AG & Co KGaA
List of Figures
- Figure 1: India Adhesives Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: India Adhesives Market Share (%) by Company 2024
List of Tables
- Table 1: India Adhesives Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: India Adhesives Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 3: India Adhesives Market Revenue Million Forecast, by Technology 2019 & 2032
- Table 4: India Adhesives Market Revenue Million Forecast, by Resin 2019 & 2032
- Table 5: India Adhesives Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: India Adhesives Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: North India India Adhesives Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: South India India Adhesives Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: East India India Adhesives Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: West India India Adhesives Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: India Adhesives Market Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 12: India Adhesives Market Revenue Million Forecast, by Technology 2019 & 2032
- Table 13: India Adhesives Market Revenue Million Forecast, by Resin 2019 & 2032
- Table 14: India Adhesives Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the India Adhesives Market?
The projected CAGR is approximately 5.00%.
2. Which companies are prominent players in the India Adhesives Market?
Key companies in the market include Henkel AG & Co KGaA, Pidilite Industries Ltd, 3M, Arkema Group, Jubilant Industries Ltd, Huntsman International LLC, H B Fuller Company, ASTRAL ADHESIVES, Sika A, AVERY DENNISON CORPORATION.
3. What are the main segments of the India Adhesives Market?
The market segments include End User Industry, Technology, Resin.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
; Growing Demand From Various End-user Industries; Superior Characteristics of Ceramic Textiles.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
; Stringent Environmental Regulations; Unfavourable Conditions Arising Due to COVID-19 Outbreak.
8. Can you provide examples of recent developments in the market?
December 2021: Sika planned to establish a new technology center and manufacturing factory for high-quality adhesives and sealants in Pune, India. The company primarily manufactures products for the transportation and construction industries through its three new production lines.December 2021: Under the Nuplaviva brand, Arkema introduced a new range of disposable hygiene adhesive solutions formulated with bio-based renewable content.October 2021: 3M introduced a new generation of acrylic adhesives, including 3M Scotch-Weld Low Odor Acrylic Adhesive 8700NS Series, 3M Scotch-Weld Flexible Acrylic Adhesive 8600NS Series, and 3M Scotch-Weld Nylon Bonder Structural Adhesive DP8910NS.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "India Adhesives Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the India Adhesives Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the India Adhesives Market?
To stay informed about further developments, trends, and reports in the India Adhesives Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
