Published on April 13, 2015

With the huge market potential and the growing preference, the market for adhesives and sealants is likely to witness considerable growth. Industry source said that in near future numbers of new opportunities are likely to grow up in this market. Increasing demand in the automotive market has increased focus on Adhesives and Sealants.

Due to rise in Industrial activities this industry is showing steady growth for the Indian market. Adhesive market finds application in almost every manufacturing sector. Automobile, packaging and construction are the key market for this industry. Along with growth in this market, adhesive market is growing at stable rate through the year. Major players in this industry are focusing on development of bio-based adhesive, in order to decrease use of synthetic adhesives.

Presently market players are concentrating on expanding their product portfolio and offer it to the consumers at competitive prices.The major market players are focusing on R&D activities to innovate products under the stringent regulations. The industry is witnessing high growth on an account of growing demand in the Asia-Pacific region.The market for adhesives and sealants is being driven a rising trend in various end user segments to use eco-friendly or green adhesives.