Published on September 1, 2014

According to market analysts at present the use of Adhesives is escalating in market due to recent technological developments. Manufacturers are facing pressure to produce products that emit smaller amounts of volatile organic compounds (VOC). Recent news said that fem companies are planning for the research and development for low cost products. New applications in construction represent huge potential markets for Adhesives.

The aerospace industry is also using increasing amounts of adhesives and sealants for essentially the same reasons as the automotive industry which is enhancing the consumption of Adhesives in market. Growing consumer electronics industry is expected to drive the market for adhesive.
Some of the market players said that high production cost and complex production process is hampering the market growth of this industry.

According to industry sources, improved building standard and construction is mounting the demand for adhesive market in India. Industry analysts believed that use of adhesives and sealants as a substitute for concrete or brick is supposedly more cost effective and also curtails the project cycle time like highways and bridges can be reopened in shorter span as the repair time is reduced.

Investment on construction and building has been gradually increasing over the past couple of years and same trend is anticipated to be observed in the near future, thus driving the growth of the adhesives and sealants industry around the globe.