India Hot Melt Adhesive Market Outlook
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 271.30 Million
Market Forecast in 2033: USD 394.91 Million
Market Growth Rate: 4.30% (2025-2033)
The India hot melt adhesive market size reached USD 271.30 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 394.91 Million by 2033, exhibiting a growth rate (CAGR) of 4.30% during 2025-2033.
India Hot Melt Adhesive Market Trends:
The Indian hot melt adhesive market is on a steady growth path primarily due to the increasing demand from the packaging, automotive, woodworking, and textile industry. The growth is driven primarily by the increasing e-commerce sector which is increasing the demand for more efficient packaging. Hot melt adhesives are generally preferred for this application since they are affordable, exhibit strong bond strength, and have good set times. Additionally, the development of drug deal formulas that demonstrate better heat and moisture resistance is stimulating market growth. Also, rising demand for green and solvent-free adhesives due to continually-improving environmental regulations has encouraged manufacturers to develop greener alternatives.
Furthermore, the growth of the automotive and construction sectors and increased disposable income is driving the demand for high-performance adhesives across applications. The furniture and woodworking sectors are experiencing increased adoption of hot melt adhesives given their ease of application and structural integrity. Additionally, the influence of multinationals and the increases in local manufacturing investments are developing new, innovative and diversified product development to be used in applications. Further, the increased adoption of automated manufacturing lines across sectors is contributing to increased adoption of hot melt adhesives due to their applicability being more efficient and cost effective. Overall, the Indian hot melt adhesive market is expected to experience continued growth.
For an in-depth analysis, you can refer free sample copy of the report: https://www.imarcgroup.com/india-hot-melt-adhesive-market/requestsample
India Hot Melt Adhesive Market Scope and Growth Analysis:
The Indian market for hot melt adhesives is being driven by escalating demand from verticals such as Packaging, Automotive, Woodworking, and Hygiene products. Increasing e-commerce activities as well as improvements in adhesive technology have also contributed to the growth of the market. To simplify this point, it could be said that the increasing demand for eco-friendly and solvent-less adhesives is encouraging manufacturers to innovate and develop sustainable products. Additionally, the packaging definition is also still one of the main industries where demand could be observed mainly in food and beverage and consumer goods packaging where there is a need for good adhesion solutions that are fast and provide good bond strength. Likewise, other segments like Cur, Industrial Laminating Adhesives and Furniture production are also being demanded due to rapid industrialization, infrastructural growth, and increased use of hot melt adhesives alternatives in construction and furniture utilization.
The Automotive sector is also changing radically with lightweight materials and improved bonding properties being adopted, thereby increasing the usage of hot melt adhesives. Hygiene products (diapers, sanitary products) are also becoming more popular, which is further creating growth opportunities in adoption and use. There are also favorable Government policies with regards to investments in manufacturing areas which is creating an additional growth opportunity for the market. Use of improved technologies such as improved polymer formulations, better application methods with greater utility and applications are being developed with hot melt adhesives which means there is considerable growth and opportunity in the sector. Overall the Indian hot melt adhesive market is on path to grow at a sustainable rate and will continue to innovate in the direction of sustainability and effects of the industry facing.
We explore the factors propelling the India hot melt adhesive market growth, including technological advancements, consumer behaviors, and regulatory changes.
India Hot Melt Adhesive Market Report Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India Hot Melt Adhesive Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Product Insights:
- Ethylene-Vinyl Acetate (EVA)
- Polyurethane
- Rubber
- Polyolefin
- Polyamide
- MPO
- Non-Wood Based
- Others
Application Insights:
- Packaging
- Assembly
- Woodworking
- Automotive
- Non-Wovens
- Bookbinding
- Tape and Labels
- Others
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Recent Industry News
- Key Technological Trends & Development
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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