Henkel Leading India Polyurethane Adhesives and Sealants Market in 2016
According to TechSci Research report, “India Polyurethane Adhesives & Sealants Market By Technology, By Application, Competition Forecast and
Opportunities, 2012 - 2022’’, India Polyurethane (PU) Adhesives and
Sealants market is forecast to surpass USD330 million by 2022, owing to continuing
growth in the country’s construction and automotive industries. PU adhesives
and sealants are widely used in construction sector for bonding construction
material. Moreover, as an effort towards
environment conservation, demand for renewable material is constantly rising in
India polyurethane market. Also, the concept of green buildings is gaining
popularity across the country, thereby fueling demand for polyurethane
adhesives and sealants.
Browse 20 data Tables and 94 Figures spread
through 118 Pages and an in-depth TOC on "India
Polyurethane Adhesives & Sealants Market" https://www.techsciresearch.com/report/india-polyurethane-adhesives/1599.html
On the basis technology, polyurethane
adhesives market is segmented into four categories, namely - water based,
solvent based, hot melt and reactive technology. In 2016, water based
technology dominated India polyurethane adhesives market, and the segment is expected
to dominate during the forecast period as well. Water based PU adhesives
generated no volatile organic compounds and are environment friendly compared
to other technologies. However, PU adhesives based on hot melt technology are
expected to grow at the fastest pace owing to their superior manufacturing
flexibility and optimal hold. Polyurethane sealants are classified into two
types: 1 component and 2 component polyurethane sealants. 1 component PU
sealants grab a dominant share in India PU sealants market on the back of their
wide usage in the building construction and automotive industries whereas, 2
component PU sealants majorly find application in general industrial end use
industry.
West region of India accounted for the
largest share in India polyurethane adhesives and sealants market in 2016,
supported by the strong industrial growth and increasing number of construction
and infrastructure development projects in the region. Additionally, the
presence of a large number of furniture, footwear, packaging, electrical &
electronics manufacturers in the region is anticipated to further increase the usage
of PU adhesives and sealants products in the coming years. Moreover, major states
such as Maharashtra and Gujarat have been increasingly focusing on industrial
development, which is further expected to fuel growth in India PU adhesives and
sealants market over the course of next five years.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1599
Customers can also request for 10% free
customization on this report.
With constantly rising
construction sector in India, including the green building initiatives, demand
for PU adhesives and sealants has been witnessing a significant rise. Moreover,
automotive industry, which extensively uses PU adhesives and sealants, is also
undergoing rapid development, with increasing inclination towards electric
vehicles and vehicles with light weight body. All these factors, coupled with growing
demand from packaging and medical industries is expected to augment consumption
of PU adhesives and sealants in India over the course of next five years.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“India
Polyurethane Adhesives & Sealants Market By Technology, By Application,
Competition Forecast and Opportunities, 2012 - 2022” has evaluated the
future growth potential of polyurethane adhesives & sealants market and provides
statistics and information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India polyurethane adhesives and sealants market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market research reports.
Serving 700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656