| Product Code: ETC10288590 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s solid binder import shipments in 2024 continued to see significant contributions from top exporting countries including China, USA, South Korea, Germany, and UAE. The market concentration, as indicated by the HHI, remained high in 2024. With a strong compound annual growth rate (CAGR) of 13.93% from 2020 to 2024, the industry exhibited robust expansion. Moreover, the growth rate in 2024 stood at an impressive 12.58%, showcasing the resilience and attractiveness of the Indian market for solid binders.

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 Solid Binder Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Solid Binder Market Revenues & Volume, 2021 & 2031F |
3.3 India Solid Binder Market - Industry Life Cycle |
3.4 India Solid Binder Market - Porter's Five Forces |
3.5 India Solid Binder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Solid Binder Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Solid Binder Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 India Solid Binder Market Revenues & Volume Share, By Binder Material, 2021 & 2031F |
4 India Solid Binder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in India |
4.2.2 Growing demand for construction materials and chemicals |
4.2.3 Favorable government initiatives and policies supporting manufacturing sector growth |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition among solid binder manufacturers |
4.3.3 Environmental regulations and sustainability concerns |
5 India Solid Binder Market Trends |
6 India Solid Binder Market, By Types |
6.1 India Solid Binder Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Solid Binder Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Solid Binder Market Revenues & Volume, By Thermoplastic, 2021 - 2031F |
6.1.4 India Solid Binder Market Revenues & Volume, By Thermosetting, 2021 - 2031F |
6.1.5 India Solid Binder Market Revenues & Volume, By Organic, 2021 - 2031F |
6.1.6 India Solid Binder Market Revenues & Volume, By Inorganic, 2021 - 2031F |
6.1.7 India Solid Binder Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 India Solid Binder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Solid Binder Market Revenues & Volume, By Coatings & Paints, 2021 - 2031F |
6.2.3 India Solid Binder Market Revenues & Volume, By Adhesives & Sealants, 2021 - 2031F |
6.2.4 India Solid Binder Market Revenues & Volume, By Printing Inks, 2021 - 2031F |
6.2.5 India Solid Binder Market Revenues & Volume, By Industrial Processes, 2021 - 2031F |
6.2.6 India Solid Binder Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 India Solid Binder Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 India Solid Binder Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 India Solid Binder Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 India Solid Binder Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.5 India Solid Binder Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.3.6 India Solid Binder Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 India Solid Binder Market, By Binder Material |
6.4.1 Overview and Analysis |
6.4.2 India Solid Binder Market Revenues & Volume, By Epoxy Resin, 2021 - 2031F |
6.4.3 India Solid Binder Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.4.4 India Solid Binder Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.4.5 India Solid Binder Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.4.6 India Solid Binder Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Solid Binder Market Import-Export Trade Statistics |
7.1 India Solid Binder Market Export to Major Countries |
7.2 India Solid Binder Market Imports from Major Countries |
8 India Solid Binder Market Key Performance Indicators |
8.1 Capacity utilization rate of solid binder manufacturing plants |
8.2 Research and development investment in innovative binder technologies |
8.3 Adoption rate of solid binders in key industries such as construction and automotive |
9 India Solid Binder Market - Opportunity Assessment |
9.1 India Solid Binder Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Solid Binder Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Solid Binder Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 India Solid Binder Market Opportunity Assessment, By Binder Material, 2021 & 2031F |
10 India Solid Binder Market - Competitive Landscape |
10.1 India Solid Binder Market Revenue Share, By Companies, 2024 |
10.2 India Solid Binder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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