Research and Markets: India’s Adhesives Market Is Projected To Cross 379 Thousand Metric Tons By 2020, 2015 Report Says
August 26, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/2jzx5h/india_adhesives) has announced the addition of the “India Adhesives Market Forecast and Opportunities, 2020” report to their offering.
According to the report, India Adhesives Market Forecast & Opportunities, 2020, adhesives market in India is projected to cross 379 thousand metric tons by 2020, on account of growing packaging and flexible packaging, rapid urbanization, increasing infrastructure and rising automobile vehicle production in the country. Western states of India dominated the sales of adhesives in 2014 and it is forecast to continue through 2020, due to higher concentration of infrastructure and real estate projects, road and metro railways, automobile and furniture manufacturing units in the region. Few of the leading companies operating in adhesives market in India include Pidilite, Henkel, Sika, Bostik and Metlok.
Adhesives are categorized on the basis of polymer type as polyurethane, acrylic, epoxy, vinyl and rubber based adhesives. Packaging, construction and automotive sectors are the largest consumers of adhesives in India. Increasing disposable income, rising GDP, changing lifestyles and rapid urbanization are driving the packaging, construction and automotive sectors in India, thereby propelling demand for adhesives in India. On the basis of formulation technology, water based adhesives is the leading category in the country’s adhesives market. Water based adhesives are widely used in various end user industries such as construction, textile, label and packaging due to their environment friendly nature and absence of VOC emissions.
Key Topics Covered
- Research Methodology
- Analyst View
- Product Overview
- Global Adhesives Market Overview
- India Adhesives Market Outlook
- India Polyurethane Adhesives Market Outlook
- India Acrylic Adhesives Market Outlook
- India Epoxy Adhesives Market Outlook
- India Vinyl Adhesives Market Outlook
- India Rubber Adhesives Market Outlook
- Trade Dynamics
- Market Dynamics
- Market Trends and Developments
- Policy and Regulatory Landscape
- India Economic Profile
- Competitive Landscape
- Strategic Recommendations
Companies Mentioned
– 3M India
– Anabond
– Atul
– Bostik India
– HB Fuller India Adhesive
– Henkel Adhesive Technologies India
– Huntsman International (India)
– Metlok
– Pidilite Industries
– Sika India
For more information visithttp://www.researchandmarkets.com/research/2jzx5h/india_adhesives
View source version on businesswire.com: http://www.businesswire.com/news/home/20150826005604/en/
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Sector: Chemicals
