India contact adhesive market is projected to grow at a register a significant growth during the forecast period. The market growth can be attributed to the increasing technological advancements and rising demand for automobiles. Besides, expanding commercial infrastructure and implementation of various government regulations regarding the use of contact adhesives are aiding the growth of India contact adhesive market. Additionally, dynamic economic development and high demand for replacement for conventional joining techniques are some of the other factors contributing to the growth. Contact adhesives have physical properties such as good cohesion, adhesion and elasticity, high cohesive strength, etc. have led to their increased adoption in the construction industry. Moreover, rising application of contact adhesives in the material and packaging industry as well as leather and footwear are aiding the market growth. Rising urbanization and modernization and growing expenditure by major companies for research and development are contributing to India contact adhesive market growth. Upsurge in industrialization and rising import and export coupled with growing technological advancements are expected to propel the growth of India contact adhesive market in the coming years. Initiation of renovation activities and expanding construction industry in the country due to various government policies promoting are also expected to support the growth of India contact adhesives in the next five years.
India contact adhesive market is segmented into type, technology, end-user, company, and region. Based on type, the market is further divided into neoprene, polyurethane, acrylic, styrene, butadiene copolymer and others. The neoprene segment is expected to gain the largest share in India contact adhesive market during the forecast period. Broad applicability of neoprene across various end-user industries are adding to the dominance of the segment.
Some of the major players operating in India contact adhesive market are 3M Company, Ashland Inc, Bostik, Delo Industrial Adhesives, LLC, Dymax Corporation, H.B. Fuller, Henkel, Hernon Manufacturing, Inc., Hexcel Corporation, Huntsman International, Illinois Tool Works, Jubilant Industries, Lord Corporation, Loxeal Engineering Adhesives, etc.
Objective of the Study:
- To analyze and forecast market size of the India contact adhesive market, in terms of value & volume.
- To define, classify and forecast the India contact adhesive market on the basis of type, technology, end-user & region.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on type by segmenting India contact adhesive market into, types namely, neoprene, polyurethane, acrylic, styrene butadiene copolymer & others.
- To identify tailwinds and headwinds for the India contact adhesive market.
- To examine competitive developments such as expansions, new launches, supply contracts, and mergers & acquisitions in the India contact adhesive market.
- To strategically profile the leading players, which are providing contact adhesive in India.
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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of contact adhesive manufacturers in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed device type, technology, end-user and regional presence of all major contact adhesive manufacturers across the country.
TechSci Research calculated the market size for the India contact adhesive market using a bottom-up approach, where manufacturers’ value sales data for different type of (neoprene, polyurethane, acrylic, styrene butadiene copolymer & others), contact adhesive was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as all India contact adhesive manufacturers, suppliers, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
- India contact adhesive manufacturers
- Research organizations and consulting companies
- Associations, organizations and alliances related to contact adhesive
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as contact adhesive manufacturers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
| 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 | · Type
· Technology · End User |
| Regional scope | North, South, East, West |
| Key companies profiled | 3M Company, Ashland Inc, Bostik, Delo Industrial Adhesives, LLC, Dymax Corporation, H.B. Fuller, Henkel, Hernon Manufacturing, Inc., Hexcel Corporation, Huntsman International, Illinois Tool Works, Jubilant Industries, Lord Corporation, Loxeal Engineering Adhesives. |
| 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 contact adhesive market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India contact adhesive Market, by Type:
- India Contact Adhesive Market
- Neoprene
- Polyurethane
- Acrylic
- Styrene Butadiene Copolymer
- Others
- India Contact Adhesive Market
- India contact adhesive Market, by Technology:
-
- Solvent Based
- Water Based
-
- India contact adhesive Market, by End-user:
-
- Woodworking
- Automotive
- Leather and Footwear
- Construction
-
- India contact adhesive Market, by Geography:
-
- South Region
- North Region
- West Region
- East Region
-
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players
Company Profiles: Detailed analysis of the major companies present in the India contact adhesive market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
Channel Partner Analysis
- Detailed list of manufacturers and suppliers across the country.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Product Information
- Detailed analysis of new services in the market and their driving forces in the market.
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Table of Content
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Product Awareness
4.2. Pricing
4.3. Product Quality
- Impact of COVID-19 on India Contact Adhesive Market
- India Contact Adhesive Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Neoprene, Polyurethane, Acrylic, Styrene Butadiene Copolymer & Others)
6.2.2. By Technology (Solvent Based Vs Water Based)
6.2.3. By End-User (Woodworking, Automotive, Leather and Footwear, Construction & Others)
6.2.4. By Region
6.2.5. By Company
6.3. Market Attractiveness Index
6.3.1. By Type
6.3.2. By Technology
6.3.3. By End-User
6.3.4. By Region
- India Neoprene Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1.1. By Technology
7.2.1.2. By End-User
- India Polyurethane Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1.1. By Technology
8.2.1.2. By End-User
- India Acrylic Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1.1. By Technology
9.2.1.2. By End-User
- India Styrene Butadiene Copolymer Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1.1. By Technology
10.2.1.2. By End-User
- India Other Contact Adhesive Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
- Market Dynamics
12.1. Drivers
12.2. Challenges
- Trends & Developments
- Policy & Regulatory Landscape
- India Economic Profile
- Competitive Landscape
16.1. Company Profiles (Top Leading Companies)
16.1.1. 3M Company
16.1.2. Ashland Inc
16.1.3. Bostik,
16.1.4. Delo Industrial Adhesives, LLC
16.1.5. Dymax Corporation
16.1.6. H.B. Fuller
16.1.7. Henkel
16.1.8. Hernon Manufacturing, Inc.
16.1.9. Hexcel Corporation
16.1.10. Huntsman International
16.1.11. Illinois Tool Works
16.1.12. Jubilant Industries
16.1.13. Lord Corporation
16.1.14. Loxeal Engineering Adhesives
- Strategic Recommendations
