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 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 sub-divided into infrastructure, residential, and non-residential.
Some of the leading players in the India Construction Adhesives market are BASF, DOW, Henkel, 3M, Bostik, Sika, DAP Products, H.B. Fuller, Franklin International, Avery Dennison, etc.
Objective of the Study
- To analyse 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 construction adhesives market.
- To identify and analyse the profile of leading players involved in
the manufacturing of India construction adhesives market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across India. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across India.
Market Insights Research calculated the market size of India
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.
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Attribute
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Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in
Units and CAGR for 2018- 2022 and 2023E-2028F
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Report coverage
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Revenue forecast, volume forecast,
company share, competitive landscape, growth factors, and trends
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Segments covered
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Resin Type
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Technology
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End Use Industry
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Regional scope
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North, South, East, West
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Key companies profiled
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BASF, DOW, Henkel, 3M, Bostik, Sika,
DAP Products, H.B. Fuller, Franklin International, Avery Dennison.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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