Adhesives market in India at $1.3 billion by 2025

The adhesives market in India is projected to cross US$ 1.3 billion by 2025, on the back of growing demand for adhesives in flooring applications and binding of PVC components, according to a report by Research and Markets.  In addition, growing footwear industry and rising production of automotive parts is fueling demand for adhesives in India.

 

Polyurethane adhesives dominated India adhesives market due to its rising use in various end user industries such as wood, rubber and metal, etc., on account of its strong bonding and temperature resistant properties. Few of the major companies operating in India adhesives market include Pidilite Industries Ltd., Henkel Adhesive Technologies India Pvt. Ltd., Anabond Ltd., Atul Ltd., etc.