The adhesives and sealants market in India has been growing at a fast pace in the recent past because of industrialization and urbanization along with increased construction activities. India being one of the largest populated developing economies has witnessed an increasing demand for adhesive and sealant products in areas such construction, automotive, electronics, packaging, and woodworking industries. The construction segment has been on the rise due to the rising infrastructure projects like highways, smart city projects and residential projects, hence driving the adhesives and sealants market. These products are useful in activities that include tiling, flooring and waterproofing, façade and insulation systems. Moreover, the government’s “Housing for All” has also helped the construction industry to grow which in turn has improved the market of adhesive products.
Automotive industry is another reason for growth in the adhesives and sealants market at a considerable pace. With India emerging as a car manufacturing country and especially in electric vehicles, the requirement for better bonding solutions for lightweight and energy-efficient cars has increased. Some of the major applications of adhesives and sealants include the reduction of vehicle weight while at the same time enhancing the structural strength. In addition, the packaging industry is one of the most emerging industries in India because of the development in e-commerce business, and the need for environment-friendly packaging. As a result, flexible packaging, labeling, and sealing applications have witnessed an increased deployment of adhesives. While there is a shift toward the production of environment friendly products in India, the manufacturers are investing more on research and development in water borne, solvent less and bio based adhesive and sealant products.
In this special issue, we introduce you to the top manufacturers in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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