India Adhesives Market Outlook to FY’2020 - Rapid Industrialization and Government Support to Shape Future Growth
Region:Asia
Product Code:KR356
November 2015
114
About the Report
The report titled "India Adhesives Market Outlook to FY’2020 - Rapid Industrialization and Government Support to Shape Future Growth" provides a comprehensive analysis of adhesives market in India. The report covers various aspects such as market size of India adhesives market, segmentation on the basis of technology, product, application, natural and synthetic adhesives and end users. The report also covers market in different aspects such as market size, segmentation of market on the basis of organized and unorganized players, import and export of adhesives in the market. The report is useful for adhesives manufacturers, wholesalers of adhesives, retail chains and new players venturing in the market. The market comprises of large companies such as Pidilite India, Henkel technologies, Anabond and others which posses a large product portfolio of adhesive products.
Adhesives market in the India, which is hugely driven by industrial segment and investment level of government, registered revenues of INR ~ billion in FY’2015. With the advent of innovative methods of production in the market, the revenues increased by ~% compared to FY’2010 where the total revenues were INR ~ billion. India has been a major importer of adhesives due to lack of production in the local market. The domestic scenario for adhesives has not been sufficient to support the increasing demand. Adhesives production in India has been very distant from the required demand in the local market. Due to the limited production capability in the local market, exports of adhesives from India have been recorded
at lower levels relative to imports.
Three main competitors in the industrial adhesives market in the India are 3M India, Henkel Technologies and H.B Fuller. On the other hand, the major players in consumer adhesives market include Pidilite Industries, Anabond and others. The competitive scenario of India industrial adhesives market has been highly fragmented in terms of number of manufacturers
owing to presence of multiple global manufacturers in addition to the small and large scale domestic players. 3M India has been the largest player in this segment, whereas Pidilite accounted for ~% of the market of consumer adhesives in India.
The market for adhesives in the India is changing at a rapid rate. Technological advancements and product innovations across different segments as well as competitive pressures have been significantly changing the market. Moreover, with the Indian government planning to invest heavily in infrastructure development towards the construction industry in the country is set to register robust growth. Building and construction being a major end user segment for adhesives will also boost growth in the India adhesives industry exponentially. The growth in the industrial segment for adhesives is expected to be significantly higher than the consumer segment since industrial uses of adhesives will expand in the coming years. Revenues from the adhesives market in the India are expected to expand to INR ~ billion in FY’2020 growing at a CAGR of ~% from FY’2016-FY’2019.
Key Topics Covered in the Report:
- The market size of the adhesives market in India.
- Market segmentation of the adhesives on the basis of technology, end users, application, synthetic and natural adhesives
- and products.
- SWOT and Porter Five force Analysis of India, adhesives market.
- Trends and Development in the India adhesives market.
- Growth Drivers and Challenges in the India adhesives market.
- Entry barriers in the India adhesives market.
- Government Regulations in the India adhesives market.
- Competitive landscape detailed company profiles and market share of the major manufacturers of India adhesives market.
- Macro Economic factors affecting India adhesives market.
- Future outlook and projections of Asia adhesives market on the basis of – products, end users.
Products
Water Based adhesives, Solvent Based adhesives, Hot Melt adhesives and Reactive adhesives, Polyvinyl Acetate, Acrylic, Polyurethane, Epoxy and EVA, Industrial Adhesives, Consumer Adhesives, Natural Adhesives, Synthetic Adhesives, Structural Adhesives, Semi-Structural Adhesives, Non- Structural adhesives
Companies
3M, Henkel Adhesive Technologies, H B Fuller, SIKA, Illinois Tool Works Inc, Hunstman, Pidilite Industries Ltd, Anabond-Adhesives and Sealants
Table of Contents
1. Global Adhesive Market Introduction
1.1. Global Adhesives Market Size by Revenues, 2009-2014
2. Asia Adhesive Market
2.1. Asia Adhesive Market Introduction
2.2. Asia Adhesive Market Size by Revenue, 2009-2014
2.3. Asia Adhesive Market Segmentation by Geography, 2009-2014
2.4. Asia Adhesive Market Future Outlook and Projections, 2015-2020
3. India Adhesives Market Introduction
3.1. India Adhesives Market Value Chain Analysis
3.2. India Adhesives Market Size by Value, FY’2010-FY’2015
3.3. India Adhesives Market Segmentation, FY’2015
3.3.1. By Technology – Water Based, Solvent Based, Hot Melt and Reactive Adhesive, FY’2015
3.3.2. By Products – Polyvinyl, Acetate, Acrylic, Polyurethane, Epoxy and EVA, FY’2015
3.3.3. By Industry Application, FY’2015
3.3.4. By End Users – Industrial and Consumer Adhesive, FY’2015
By Organized and Unorganized Players, FY’2015
Industrial Adhesives, FY’2010-FY’2015
Consumer Adhesives, FY’2015
3.3.5. By Natural and Synthetic Adhesives, FY’2015
3.3.6. By Structural, Semi Structural and Non-Structural Adhesives, FY’2015
3.4. Trends and Developments in India Adhesives Market
Increasing Capability of Pressure and Sensitive Adhesives
Water Based Adhesives
Intensified Competition
Adhesive Substituting Labor Intensive Processes
3.5. Growth Drivers and Restraints in India Adhesive Market
3.5.1. Growth Drivers
Rapid Industrialization
Surge in Demand from FMCG Sector
Growth in the Plywood Veneers and Laminates Sector
Growth in the Automotive Industry
Weight Reduction Technologies
3.5.2. Growth Restraints
Procurement of Raw Materials
High R&D Expenses
Acceptance of New Technologies by the Customers
3.6. Role of Government in India Adhesive Market
3.6.1. Government Initiatives in India Adhesive Market
De-licensing
Permitting Foreign Direct Investment
Setting up PCPIR
Fiscal Concessions
3.6.2. Government Regulations in India Adhesive Market
3.7. India Adhesive Market Analysis
3.7.1. India Adhesives Market SWOT Analysis
3.7.2. India Adhesives Market PORTER Five Force Analysis
Porter’s Five Forces Analysis for India Adhesives Industry-
3.8. Import and Export Scenario in India Adhesives Market
3.8.1. Import Demand and Value, FY’2010-FY’2015
3.8.2. Export Sales and Revenue, FY’2010-FY’2015
3.9. Competition in India Adhesive Market
3.9.1. Market Share of Major Players in India Adhesives Market, FY’2015
Market Share of Major Players in India Industrial Adhesives Market, FY’2015
Market Share of Major Players in India Consumer Adhesives Market, FY’2015
3.9.2. Brand Analysis
3.9.3. Entry Barriers and Pre-Requisites in India Adhesive Market
Raw Materials
Focus Towards Research and Development Expenditure
Competition
Superior Brand Perception
3.9.4. Recent Industry Activities in India Adhesive Market
3.10. Company Profiles
3.10.1. Pidilite Industries Limited
3.10.1.1. Business Overview
3.10.1.2. Business Strategies
Capturing the mega trends
Building Complementary Business Models: products and Solutions
Acquisitions: Key to Augment Product Capability and New Markets
3.10.1.3. Financial and Operating Performance, FY’2012-FY’2015
3.10.1.4. Product Portfolio
3.10.2. 3M India
3.10.2.1. Business Overview
3.10.2.2. Business Strategies
Diverse and Expanding Customer Base
Strong Technological Capabilities
3.10.2.3. Financial and Operating Performance, FY’2011-FY’2015
3.10.2.4. Product Portfolio
3.10.3. Henkel Adhesives Technologies India Pvt Limited India
3.10.3.1. Business Overview
3.10.3.2. Product Portfolio
3.10.4. HB Fuller
3.10.4.1. Business Overview
3.10.4.2. Product Portfolio
3.10.5. Anabond- Adhesives & Sealants
3.10.5.1. Business Overview
3.10.5.2. Product Portfolio
3.10.6. Huntsman India
3.10.6.1. Business Overview
3.10.6.2. Product Portfolio
4. India Adhesives Market Future Outlook and Projections, FY’2016-FY’2020
4.1. India Adhesive Market Future Outlook and Projections, 2015-2020
By Application, FY’2020
By End Users, FY’2020
4.2. Cause and Effect Relationship Between Dependent and Independent Factors
4.3. Analyst Recommendations
Existing Players in the Market
New Entrants Planning to Enter the Market
5. Macro Economic Factors in India Adhesives Market
5.1. GDP Growth of India, FY’2010-FY’2020
5.2. India Automotive Industry, FY’2010-FY’2020
5.3. India Real Estate Market, FY’2010-FY’2020
5.4. India Furniture Market, FY’2010-FY’2020
5.5. India Packaging Industry, FY’2010-FY’2020
5.6. Index of Industrial Production, FY’2010-FY’2015
6. Appendix
6.1. Market Definition
6.2. Abbreviations
6.3. Research Methodology
Data collection Methods
Approach
Variables (Independent and Dependent)
Final Conclusion
6.4. Disclaimer
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