Product Code: ETC233484 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India alkyd adhesives market import shipments demonstrated robust growth with a CAGR of 15.1% from 2020 to 2024. However, there was a slight decline in growth momentum between 2023 and 2024, with a -2.3% growth rate. Overall, the market expanded significantly but showed signs of stabilization towards the end of the period.
The India alkyd adhesives market is a specialized segment within the country`s adhesives and sealants industry. Alkyd adhesives are a type of synthetic adhesive known for their versatility, high-performance characteristics, and ability to bond various substrates. The market is driven by factors such as the growth of the construction and automotive industries, increasing demand for strong and durable adhesives, and advancements in adhesive technology. The market comprises manufacturers offering a range of alkyd adhesives, including solvent-based and water-based formulations, to cater to the bonding needs of different applications. Manufacturers focus on product quality, application-specific formulations, and regulatory compliance to meet the adhesive requirements of industries in India.
The India alkyd adhesives market is driven by several factors. Firstly, the use of alkyd adhesives in the construction and woodworking industries contributes to the market`s growth. Alkyd adhesives offer strong adhesion to various substrates and are widely used for bonding wood, plastics, and metals. Secondly, the growth of the automotive and transportation sectors has increased the demand for alkyd adhesives for automotive assembly and repair applications. The trend of lightweight materials and the adoption of advanced bonding solutions in manufacturing also impact the market`s dynamics. Additionally, the rise of the packaging industry and the use of alkyd adhesives for carton sealing and labeling further fuel the market`s expansion.
The India alkyd adhesives market faces challenges related to the competition from other adhesive types like epoxy and acrylic adhesives. The need for educating consumers and industries about the specific benefits and applications of alkyd adhesives is a challenge for manufacturers. Ensuring product quality and adherence to industry standards is another challenge in the market.
The India alkyd adhesives market faced challenges due to disruptions in industrial activities and construction during the pandemic. With limited demand for adhesives in various sectors, the market experienced a slowdown. However, with the reopening of businesses, the market is gradually recovering.
The India alkyd adhesives market is served by adhesive manufacturers specializing in alkyd-based adhesives and coatings. Some key players include D.K. Corporation, Parekh Industries Ltd., and Fasto Adhesives & Sealants Pvt. Ltd. These companies offer alkyd adhesives for industrial and consumer applications, providing high bonding strength and versatility. Their focus on product development, customer support, and market reach has made them key players in the alkyd adhesives market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Alkyd Adhesives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Alkyd Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 India Alkyd Adhesives Market - Industry Life Cycle |
3.4 India Alkyd Adhesives Market - Porter's Five Forces |
3.5 India Alkyd Adhesives Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 India Alkyd Adhesives Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Alkyd Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in India leading to increased demand for alkyd adhesives in applications such as flooring, paneling, and laminates. |
4.2.2 Rising disposable income and urbanization driving the demand for furniture and interior decoration, thereby boosting the market for alkyd adhesives. |
4.2.3 Expansion of the automotive sector in India increasing the need for alkyd adhesives for bonding various components. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of alkyd adhesives. |
4.3.2 Stringent environmental regulations pushing manufacturers to invest in eco-friendly alternatives, affecting the traditional alkyd adhesives market. |
5 India Alkyd Adhesives Market Trends |
6 India Alkyd Adhesives Market, By Types |
6.1 India Alkyd Adhesives Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 India Alkyd Adhesives Market Revenues & Volume, By Products, 2021-2031F |
6.1.3 India Alkyd Adhesives Market Revenues & Volume, By Dry alkyd resin adhesive, 2021-2031F |
6.1.4 India Alkyd Adhesives Market Revenues & Volume, By Don't be alkyd resin adhesive, 2021-2031F |
6.2 India Alkyd Adhesives Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Alkyd Adhesives Market Revenues & Volume, By Coating, 2021-2031F |
6.2.3 India Alkyd Adhesives Market Revenues & Volume, By Printing ink, 2021-2031F |
6.2.4 India Alkyd Adhesives Market Revenues & Volume, By Adhesive, 2021-2031F |
7 India Alkyd Adhesives Market Import-Export Trade Statistics |
7.1 India Alkyd Adhesives Market Export to Major Countries |
7.2 India Alkyd Adhesives Market Imports from Major Countries |
8 India Alkyd Adhesives Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly alkyd adhesives in the market. |
8.2 Number of new product innovations and technological advancements in alkyd adhesives. |
8.3 Growth in the number of partnerships and collaborations between manufacturers and end-users for product development. |
9 India Alkyd Adhesives Market - Opportunity Assessment |
9.1 India Alkyd Adhesives Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 India Alkyd Adhesives Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Alkyd Adhesives Market - Competitive Landscape |
10.1 India Alkyd Adhesives Market Revenue Share, By Companies, 2024 |
10.2 India Alkyd Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |