Adhesive Industry Round Up (18/07/16 to 23/07/16)

Published on July 25, 2016

Adhesives are used in almost every manufacturing sector right from flexible packaging to textiles and have gained extensive esteem across sectors.

In Indian market manufacturing sector is mounting and adhesive sector’s expansion is directly associated with the country’s manufacturing growth.

Presently the adhesives sector in domestic market is growing on account of new product developments. Industrial adhesives are replacing mechanical fastener for bonding requirements, and the demand for these adhesives is anticipated to nurture in line with the country’s manufacturing growth.

Adhesives sector has recorded strong growth in previous five years and is anticipated to sustain its rapid growth in the coming five years also with the help of technical research and development and swelling investment in infrastructure development, said by market predictors.

Recently, increasing growth of end user industries such as woodworking and furniture industry and packaging market, have enabled the industry to gather enlarged revenues every year which will enhance the expansion of industry in Indian market.


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