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Indian Consumer Adhesives Industry Dominated today by a Monopolistic competition with Pidilite having more than 70% share, is moving towards Consolidation: Ken Research

Amplified demand for Adhesives from pharma & food packaging industry along with wood working industry has driven the growth of Adhesives Market in India.”

Consolidating Indian Adhesives Market: Pidilite is one of the incumbent players and was able to achieve the scale in last 5 years. Pidilite’s premiumization, innovative packaging and focus to tap the underpenetrated regions by offering higher ROI fulfilment opportunities for distributors have contributed to the success of the company. Pidilite is dominating the consumer adhesives market and also has a significant share in the industrial adhesives market in India. Pidilite recently acquired Huntsman’s brand Araldite which is the leader in the epoxy segment in India, indicating that the industry is moving towards consolidation and may continue to consolidate further as well.

Focus on Inorganic Growth: In a span of last 4-5 years, the adhesives industry has seen around 5-6 major acquisitions. The future is going to be driven on the basis of horizontal companies, trying to acquire companies which have a vertical play in the market. Some the companies in this market have tried to create a niche in different adhesives segments such as PVA, Epoxy, wood working, stationary and others. Companies willing to enter any specific adhesive segment such as leather adhesives segment or wood working adhesives segment can look out for companies having majority presence in that segment and can consider to acquire them to enter the market. For example: Pidilite is a dominating player in the consumer adhesives market and is still having scope to grow in the industrial sector with potential acquisition of the companies having the majority market share in the industrial adhesives segment.

Potential Market Entrants: Companies that have their presence in industries such as sealants, VAM, construction chemicals, adhesives raw materials could look upon adhesives as one product category as well. One major advantage that these companies can enjoy would be the existing distribution network of these companies could help them market their adhesives products and reach to a larger target market. Companies such as Astral, Jubilant were having their presence in allied industries before entering the adhesives business and took the advantage of their existing distribution network all across India. Astral which already had a huge distribution network for their piping business PAN India benefitted from their dealer and distribution network and is now one of the leading companies in the cyanoacrylate adhesive segment.

The report titled India Adhesives Market Outlook to FY’2026: Surging Demand for Water Based Adhesives in the Growing Wood Working Industry to Influence Market Growth by Ken Research suggested that the adhesives market is further expected to grow in the near future as market is to witness the entry of global players and surge in demand from packaging and furniture industry. Government initiatives such as Make in India, Smart Cities project and Digital India contributing to adhesive market growth. The market is expected to register a positive CAGR of 7.6% in terms of revenue during the forecast period of FY’20-FY’26.


Key Segments Covered in India Adhesives Market:-

By Type of Adhesives

Industrial Adhesives

Consumer Adhesives

India Industrial Adhesives Market

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Industries





By Type of Technology

Water Based

Solvent Based

Hot Melt

Reactive Adhesives

By Type of Products

Polyurethane (PU)

Polyvinyl Acetate (PVA)

Ethylene Vinyl Acetate (EVA)



India Consumer Adhesives Market:-

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Technology

Water Based

Reactive Adhesives

Hot Melt

By Type of Product

Polyvinyl Acetate (PVA)


Polyurethane (PU)


By Type of Users

Carpenter/ Intermediaries

End Consumers

By Type of End User Application

Wood Working


Art & Craft

By Channel

Paint and Hardware

Stationary and Retail


Key Target Audience:-

Industrial Adhesive Companies

Consumer Adhesive Companies

Sealant Companies

Adhesive Raw Material Companies

Time Period Captured in the Report:-

Historical Period: FY’15-FY’20

Forecast Period: FY’20-FY’26

Consumer Adhesive Companies (Brands) Covered:-

Pidilite (Fevicol, Fevicol MR, Fevicryl, Fevistick, Feviquik, Fevitite)

Astral (Resiwood, Resiquik, Bondite)

JACPL (Jivanjor)

Huntsman (Araldite)

Jyoti Resins and Adhesives (Euro7000)

Nikhil Adhesives (Mahacol)

Camlin (Camlin Glue)

Atul ltd. (Lapox)

Industrial Adhesive Companies Covered:-



Henkel Adhesives Technology

Henkel Anand India

HB Fuller

Chemie AG

Jowat Corporation


Metlok Private Limited




Nikhil Adhesives

Dow Corning Corporation


Jesons Industries ltd.

Visen Industries

For More Information on the research report, refer to below link:-

India Adhesives Market

Related Reports:-

India Coupling Agents & Compatibilizers Market Outlook to 2023 – By Application (Packaging & Plastics Industry, Automotives Industry, Adhesives & Sealants and Paints & Coatings, Rubber Industry, Energy Sector and Others) and by Coupling Agents (Maleic Anhydride Grafted Polymers, Silane Coupling Agents and Others)

India Waterproofing Membrane Market Outlook to 2025 – Waterproofing Membrane Market by Revenue (Sheet & Liquid Membrane), By Application (Roofing, Walls, Basements & Others), By End Users (Real Estate, Industrial, Infrastructure & Others) & By Regional Demand (North, West, South & East)

India Bricks and Blocks Market Outlook to 2024-Rising Emphasis on Green Buildings and High Rise Building Projects Elevating Demand for AAC Blocks

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications


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