Adhesives Market in India to Reach INR 360.86 Bn by 2030, Expanding at a CAGR of 6.98%
India's adhesives market is poised for robust growth between 2025 and 2030, driven by expanding industrial applications and rapid infrastructure development. The market is witnessing a shift toward eco-friendly and high-performance adhesive technologies, with increasing demand from packaging, automotive, construction, and furniture sectors.
Key Takeaways:
- The adhesive market in India was valued at INR 245.67 Bn in 2024 and is expected to reach INR 360.86 Bn by 2030, expanding at a CAGR of 6.98% during the 2025 - 2030 period.
- India's adhesives market is backed by demand from packaging, automotive, construction, and consumer goods industries, with the packaging industry emerging as a major consumer driven by e-commerce and FMCG expansion.
- Water-based adhesives are gaining traction due to their lower environmental impact, while hot-melt adhesives are favored for their fast-curing times.
- The southern and western regions of India, with strong industrial bases and infrastructure investments, are leading in consumption.
- The "Make in India" initiative and increasing export activities are encouraging domestic manufacturing and innovation in adhesive formulations.
- Technological advancements, including smart adhesives and bio-based alternatives, are redefining product standards and expanding application possibilities.
- Drivers of the adhesives market in India include growing demand in end-user industries such as automotive, construction, packaging, textiles, and electronics.
- Rapid urbanization, infrastructure development, and evolving retail ecosystems are creating consistent demand.
- Environmental regulations are pushing for greener adhesive technologies, further catalyzing innovation.
Statistics:
- Adhesives market in India valued at INR 245.67 Bn in 2024.
- Expected to reach INR 360.86 Bn by 2030, expanding at a CAGR of 6.98% during the 2025 - 2030 period.
- 6.98% CAGR growth forecast for the adhesives market in India between 2025 and 2030.
- INR 360.86 Bn market size by 2030.
- 15.4% increase in market value from 2024 to 2030.
- 25% of the adhesives market in India is attributed to the packaging industry.
Sources:
- ResearchAndMarkets.com's "Adhesives Market in India (2025 - 2030)"
- GlobeNewswire: "Adhesives Market in India (2025 - 2030)" Report Added to ResearchAndMarkets.com's Offering.