Polyurethane adhesives demand in India stood at 98
KTPA in 2018 and is projected to grow at a CAGR of 7.28% during 2019-2030 to
reach 234 KTPA by 2030. Use of polyurethane
adhesives in various end
use industries such as construction, automotive and packaging is growing, on
the back of its ability to provide excellent strength and rapid curing. Moreover,
rising applications of polyurethane adhesives in medical device assembly and growing
technological advancements boosting the operational feasibility and efficiency
are some of the other factors that would drive the market in coming years. Additionally,
packaging companies along with footwear manufacturers are shifting their
interest towards hotmelt adhesives delivery systems, owing to growing
technological advancements in hotmelt technology which increases the efficiency
of adhesives delivering systems. Such market developments are anticipated to
have a positive impact on the market during forecast period.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
·
The primary objective of the study was
to evaluate and forecast polyurethane adhesives production, demand, inventory, and
demand – supply gap in India.
·
To categorize polyurethane
adhesives demand based on
end use, type, sales channel and region.
·
To study trade dynamics and company
share in India polyurethane adhesives market.
·
To identify major customers of polyurethane
adhesives in India.
·
To evaluate and forecast polyurethane
adhesives pricing by grade
in India.
·
To identify and profile major companies operating
in India polyurethane adhesives market.
·
To identify major developments, deals
and expansion plans in India polyurethane
adhesives market.
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Report Scope:
In this report, India polyurethane adhesives market has been segmented into
following categories:
Some of the major players operating in India polyurethane
adhesives market are Bostik
India Private Limited, Henkel Adhesive Technologies India Private Limited,
Huntsman International
(India) Private Limited, Pidilite Industries Limited, Sika India Private
Limited, 3M India Limited, etc.
To extract data for India polyurethane
adhesives market, primary
research surveys were conducted with manufacturers, suppliers, distributors,
wholesalers and end users of polyurethane adhesives. While interviewing, the
respondents were also inquired about their competitors. Through this technique,
TechSci Research was able to include manufacturers that could not be identified
due to the limitations of secondary research. Moreover, TechSci Research
analyzed various end user segments and projected a positive outlook for India polyurethane
adhesives market over the
coming years.
TechSci Research calculated India
polyurethane adhesives
demand by analyzing the historical data and demand forecast was carried out
considering consumption pattern and analyzing the demand by tracking upcoming
manufacturing units in different industrial segments. TechSci Research sourced
these values from industry experts and company representatives and externally
validated through analyzing historical
sales data of respective manufacturers to arrive at the overall market size.
Various secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key
Target Audience:
- Polyurethane adhesives manufacturers and
other stakeholders
- Organizations, forums and alliances related to
polyurethane adhesives distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders such as polyurethane adhesives manufacturers, distributors and policy makers. The
report also provides useful insights about which market segments should be
targeted over the coming years to strategize investments and capitalize on
growth opportunities.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team atsales@techsciresearch.com