Top Adhesive Brands in India for 2024
As the construction and manufacturing industries in India continue to grow, the demand for high-quality adhesives is on the rise. In 2024, several brands have stood out in the adhesive market, known for their innovation, product range, and reliability. This article compiles the top adhesive brands in India, providing you with detailed insights and statistics to help you make informed decisions.
1. Pidilite Industries
Pidilite Industries is a leader in the adhesive market in India, known for its flagship product Fevicol. According to market research, Pidilite holds a market share of approximately 45% in the India adhesive sector. The company offers a diverse range of products catering to woodworking, construction, and general bonding.
Source: IMARC Group Report, 2023
2. Asian Paints - Smart Care
Asian Paints, primarily known for its paint products, has ventured successfully into adhesives with its Smart Care range. The brand has seen a 20% increase in sales since 2022, emphasizing its innovative adhesives that cater to construction and interior design.
Source: Asian Paints Annual Report, 2023
3. Bosch Chemicals
Bosch Chemicals offers a vast range of industrial adhesives and sealants. Their products are widely used in automotive and electronics applications, constituting around 12% of the market share. The brand is praised for its commitment to quality and sustainability.
Source: Market Research Future, 2023
4. Araldite (Huntsman)
Araldite, a brand of Huntsman, remains a favorite for its epoxy adhesives, which are widely utilized in both industrial and consumer products. Araldite has captured about 10% of the adhesive market, with significant brand loyalty due to its effectiveness in heavy-duty applications.
Source: Huntsman Press Release, 2023
5. Fevikwik (Pidilite)
Another prominent product from Pidilite, Fevikwik, is well-known as a reliable instant adhesive. In recent years, it has seen a growth rate of 15% annually, especially among DIY enthusiasts and small businesses.
Source: IMARC Group Report, 2023
6. 3M India
3M India is known for its diverse product range, including industrial adhesives. Holding about 8% of the market, 3M is recognized for its innovative technologies and high-performance bonding solutions suitable for various applications.
Source: 3M Annual Report, 2023
7. Khandsar
Khandsar has made a name for itself by focusing on eco-friendly and sustainable adhesive solutions, tapping into a niche market that is rapidly growing. The company has increased its market presence, accounting for approximately 5% market share in the eco-friendly segment.
Source: Government of India Green Product Report, 2023
Market Trends in 2024
The adhesive market in India is expected to grow at a CAGR of 6.5% from 2024 to 2029, driven by the increasing demand for construction materials, automotive industry expansions, and the growing home improvement sector. The rise in DIY projects has also greatly contributed to the demand for consumer adhesive products.
Source: IMARC Group Report, 2023
Conclusion
In summary, the adhesive market in India is vibrant and competitive, with brands like Pidilite Industries, Asian Paints, and 3M leading the charge. Each brand presents unique products that cater to different applications, ensuring that consumers can find the right adhesive to meet their needs. Whether you're a professional in construction or a DIY enthusiast, these top adhesive brands are worth considering in 2024.