India construction adhesives market is projected to grow at a robust rate during the next five years. The major factors contributing to the growth of the market are the rapidly growing population and rapid urbanization. Besides, rising government initiatives toward infrastructural developments and flagship programs, including 100 Smart Cities Mission and many more, are expected to boost the growth driver for the construction adhesives market.
Increased demand for construction adhesives and a rise in the middle-class population are expected to drive India’s construction adhesives market in the forecast period. Increasing demand for permanent, non-slum houses across India and increasing investments by the government for infrastructural development activities such as airports, bridges, dams, etc. The government of India has launched two new subsidy slabs to fuel the real estate sector under the Prime Minister Awas Yojana (PMAY) scheme, which is expected to increase the formal credit flow to rural areas.
Thus, rising government initiatives and a sustainable product portfolio are providing the industry with a significant growth opportunity during the forecast period. Moreover, the growing trend of nuclear families, along with focusing on the development of advanced solutions to increase their market share, are contributing to the market growth.
India construction adhesive market is segmented on the basis of resin type, technology, end-use sector, company, and region. Based on resin type, the market is further divided into Acrylic Adhesive, Polyurethane (PU), Epoxy, Polyvinyl Acetate (PVA), and others. The PU segment is anticipated to dominate India construction adhesives market owing to the increasing preference for acrylic adhesives in the construction sector coupled with growing industrialization and government efforts to expand the country’s residential and transport infrastructure. Based on technology, the market is further fragmented into waterborne technology, solvent-borne technology, reactive technology, and others. Based on the end-user sector, the market is subdivided into infrastructure, residential, and non-residential.
Some of the leading players in the India Construction Adhesives market
- BASF
- DOW
- Henkel
- 3M
- Bostik
- Sika
- DAP Products
- H.B. Fuller
- Franklin International
- Avery Dennison, etc.
The objective of the Study:
- To analyze and forecast the market size of construction adhesives, in terms of value and Volume.
- To classify and forecast India construction adhesives market based on resin type, technology, end-user sector, and regional distribution.
- To identify drivers and challenges for India construction adhesives market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India construction adhesives market.
- To conduct the pricing analysis for the construction adhesives market.
- To identify and analyze the profile of leading players involved in the manufacturing of India construction adhesives market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across India.
TechSci Research calculated the market size of India Construction Adhesives using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Construction Adhesives Manufacturers
- Raw material suppliers
- Traders, distributors, and suppliers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018- 2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Resin Type
· Technology · End Use Industry |
| Regional scope | North, South, East, West |
| Key companies profiled | BASF, DOW, Henkel, 3M, Bostik, Sika, DAP Products, H.B. Fuller, Franklin International, Avery Dennison. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, India Construction Adhesives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Construction Adhesives Market, By Resin Type:
- Acrylic
- Polyurethane
- Polyvinyl Acetate
- Epoxy
- Others
- India Construction Adhesives Market, By Technology:
- Waterborne Technology
- Solvent borne Technology
- Reactive Technology
- Others
- India Construction Adhesives Market, By End-Use Sector:
- Infrastructure
- Residential
- Non-Residential
- India Construction Adhesives Market, by Region:
- North
- South
- East
- West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Construction Adhesives.
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Table of Content
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Product Pricing
4.2. Product Availability
4.3. Product Quality
- Impact of COVID-19 on India Construction Adhesives Market
- India Construction Adhesives Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Resin Type (Acrylic Adhesive, Polyurethane (PU), Epoxy, Polyvinyl Acetate (PVA) and Others)
6.2.2. By Technology (Waterborne Technology, Solvent-borne Technology, Reactive Technology, and Others)
6.2.3. By End-Use Sector (Infrastructure, Residential and Non-Residential)
6.2.4. By Region
6.2.5. By Company
6.3. Market Attractiveness Index
- India Acrylic Construction Adhesives Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By End User
7.2.3. By Country
7.3. Market Attractiveness Index
- India Polyurethane Construction Adhesives Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By End User
8.2.3. By Country
8.3. Market Attractiveness Index
- India Epoxy Construction Adhesives Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By End User
9.2.3. By Country
9.3. Market Attractiveness Index
- India Polyvinyl Acetate Construction Adhesives Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By End User
10.2.3. By Country
10.3. Market Attractiveness Index
- Market Dynamics
11.1. Drivers
11.2. Challenges
- Market Trends & Developments
- Price Point Analysis
- Policy & Regulatory
- India Economic Profile
- Competitive Landscape
16.1. Company Profile
16.1.1. BASF
16.1.2. DOW
16.1.3. Henkel
16.1.4. 3M
16.1.5. Bostik
16.1.6. Sika
16.1.7. DAP Products
16.1.8. H.B. Fuller
16.1.9. Franklin International
16.1.10. Avery Dennison
17. Strategic Recommendations
