Growth Opportunities for Indian Automotive Adhesive Market

The future of Indian automotive adhesive market looks good with opportunities in the passenger car and light commercial vehicle segments. Adhesives in the Indian automotive industry are expected to reach an estimated $384.0 million by 2021 and forecast to grow at a CAGR of 8.4% by value from 2016 to 2021. The major drivers fo

r growth of this market are growth in the production of passenger cars and light commercial vehicles.

Emerging trends, which have a direct impact on the dynamics of the Indian automotive adhesive industry, include increasing use of plastics and lightweight materials in automotive applications and

increasing use of water based adhesives.

A total of 56 figures / charts and 19 tables are provided in this 90-page report to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of Indian automotive adhesive market report, download the report brochure
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The study includes Indian automotive adhesive market szie and forecast for the growth opportunities for Indian automotive adhesive market  through 2021 segmented by product type, vehicle type, application type, and region, as shown below:   

 
Indian automotive adhesive market by Product (Volume M lbs. and $ M Shipment from 2010 to 2021)

Indian automotive adhesive market by Vehicle (Volume M lbs. and $ M Shipment from 2010 to 2021)

Indian automotive adhesive market by Application (Volume M lbs. and $ M Shipment for 2015 and 2021)

Indian automotive adhesive comapnies profiled in this market report include Henkel AG & Co KGaA, The 3M Company, HB Fuller, Sika AG, and Huntsman are the major supplier of adhesives in the Indian automotive industry.

On the basis of its comprehensive research, Lucintel forecasts that the epoxy adhesive is expected to show above average growth during the forecast period.

Within the Indian automotive adhesive market, the polyurethane adhesives segment is expected to remain as the largest market. It has better mechanical properties, and an increase in automotive production is expected to drive adhesives consumption, which would spur growth for this segment over the forecast period.

In this market, passenger car is expected to remain the largest segment due to growth of passenger car production.

• Market size estimates: Indian automotive adhesive market size estimation in terms of value ($M) and volume (M lbs.) shipment.
• Trend and forecast analysis: Indian automotive adhesive market trend (2010-2015) and forecast (2016-2021) by segments.
• Segmentation analysis: Indian automotive adhesive market size by various applications such as product, vehicle, and application in terms of value shipment
• Growth opportunities: Analysis on growth opportunities in different applications of Indian automotive adhesive market.
• Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of Indian automotive adhesive suppliers. 
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

2.1: Introduction

2.1.1: Applications of Adhesives in the Automotive Industry
2.1.2: Classification of Adhesives in the Indian Automotive Industry by Product Type
2.1.3: Advantages of Adhesives Usage
2.1.4: Difficulties in Adhesives Usage
2.1.5: Comparison of Adhesives with Mechanical Fasteners (Substitutes)

2.2: Supply Chain

3.1: Market Analysis 2015

3.1.1: Adhesives in the Indian Automotive Industry by Value and Volume

3.2: Market Trends from 2010 to 2015

3.2.1: Macroeconomic Trends    
3.2.2: Trends of Adhesives in the Indian Automotive Industry by Value and Volume
3.2.3: External Forces Shaping Adhesives in the Indian Automotive Industry
3.2.4: Industry Drivers and Challenges

3.3: Market Forecast from 2016 to 2021

3.3.1: Macroeconomic Forecasts
3.3.2: Forecast for Adhesives in the Indian Automotive Industry by Value and Volume

4.1: Product Portfolio Analysis
4.2: Porter’s Five Forces Analysis

5.1: Growth Opportunity Analysis
5.2: Emerging Trends in the Indian Automotive Adhesives Industry
5.3: Strategic Analysis

List of Figures

Figure 2.1: Adhesives Applications in a Passenger Car
Figure 2.2: Adhesives Bonding in Car Construction
Figure 2.3: Adhesives Bonded Structural Composites for Car
Figure 2.4: Advantages or Benefits of Adhesives Usage
Figure 2.5: Supply Chain of Adhesives in Indian Automotive Industry

Figure 3.1: Adhesives in the Indian Automotive Industry ($ Million) Distribution by Product Type in 2015
Figure 3.2: Adhesives in the Indian Automotive Industry ($ Million) by Product Type in 2015
Figure 3.3: Adhesives in the Indian Automotive Industry (Million Pounds) Distribution by Product Type in 2015
Figure 3.4: Adhesives in the Indian Automotive Industry (Million Pounds) by Product Type in 2015
Figure 3.5: Adhesives in the Indian Automotive Industry ($ Million) Distribution by Vehicle Type in 2015
Figure 3.6: Adhesives in the Indian Automotive Industry ($ Million) by Vehicle Type in 2015
Figure 3.7: Adhesives in the Indian Automotive Industry Distribution by Vehicle Type in 2015
Figure 3.8: Adhesives in the Indian Automotive Industry (Million Pounds) by Vehicle Type in 2015
Figure 3.9: Adhesives in the Indian Automotive Industry ($ Million) Distribution by Passenger Car Type in 2015
Figure 3.10: Adhesives in the Indian Automotive Industry ($ Million) Distribution by Passenger Car Type in 2015
Figure 3.11: Adhesives in the Indian Automotive Industry (Million Pounds) Distribution by Passenger Car Type in 2015
Figure 3.12: Adhesives in the Indian Automotive Industry (Million Pounds) by Passenger Car Type in 2015
Figure 3.13: Distribution of Adhesives in the Indian Automotive Industry ($ Million) by Application Type in 2015
Figure 3.14: Distribution of Adhesives in the Indian Automotive Industry (Million Pounds) by Application Type in 2015
Figure 3.15: Trends of the Indian GDP Growth Rate
Figure 3.16: Trends of the Indian Population Growth Rate
Figure 3.17: Trends of the Indian Inflation Rate
Figure 3.18: Trends of the Indian Per Capita Income
Figure 3.19: Indian Automotive Production from 2010 to 2015
Figure 3.20: Indian Passenger Car Production from 2010 to 2015
Figure 3.21: Indian Light Commercial Vehicle Production from 2010 to 2015
Figure 3.22: Trends of Adhesives in the Indian Automotive Industry ($ Million) by Vehicle Type from 2010 to 2015
Figure 3.23: CAGR of Adhesives in the Indian Automotive Industry ($ Million) by Vehicle Type from 2010-2015
Figure 3.24: Trends of Adhesives in the Indian Automotive Industry (Million Pounds) by Vehicle Type
2010 to 2015
Figure 3.25: CAGR of Adhesives in the Indian Automotive Industry (Million Pounds) by Vehicle Type from 2010 to 2015
Figure 3.26: Trends of Adhesives in the Indian Automotive Industry ($ Million) by Product Type from 2010 to 2015
Figure 3.27: CAGR of Adhesives in the Indian Automotive Industry ($ Million) by Product Type from 2010 to 2015
Figure 3.28: Trends of Adhesives in the Indian Automotive Industry (Million Pounds) by Product Type from 2010 to 2015
Figure 3.29: CAGR of Adhesives in the Indian Automotive Industry (Million Pounds) by Product Type from 2010 to 2015
Figure 3.30: External Forces Shaping Adhesives in the Indian Automotive Industry
Figure 3.31: Drivers and Challenges of Adhesives in the Indian Automotive Adhesive Industry
Figure 3.32: Forecast for the Indian GDP Growth Rate
Figure 3.33: Forecast for the Indian Population Growth Rate
Figure 3.34: Forecast for the Indian Inflation Rate
Figure 3.35: Forecast for the Indian Per Capita Income
Figure 3.36: Forecast for Adhesives in the Indian Automotive Industry ($ Million) by Vehicle Type from 2016 to 2021
Figure 3.37: CAGR for Adhesives in the Indian Automotive Industry ($ Million) by Vehicle Type from 2016 to 2021
Figure 3.38: Forecast for Adhesives in the Indian Automotive Industry (Million Pounds) by Vehicle Type from 2016 to 2021
Figure 3.39: CAGR for Adhesives in the Indian Automotive Industry (Million Pounds) by Vehicle Type from 2016 to 2021
Figure 3.40: Forecast for Adhesives in the Indian Automotive Industry ($ Million) by Product Type from 2016 to 2021
Figure 3.41: CAGR for Adhesives in the Indian Automotive Industry ($ Million) by Product Type from 2016 to 2021
Figure 3.42: Forecast for Adhesives in the Indian Automotive Industry (Million Pounds) by Product Type from 2016 to 2021
Figure 3.43: CAGR for Adhesives in the Indian Automotive Industry (Million Pounds) by Product Type from 2016 to 2021
Figure 3.44 Distribution of Adhesives in the Indian Automotive Industry ($ Million) by Application Type in 2021
Figure 3.45: Distribution of Adhesives in the Indian Automotive Industry (Million Pounds) by Application Type in 2021

Figure 4.1: Porter’s Five Forces Industry Analysis for the Indian Automotive Adhesives Market

Figure 5.1: Growth Opportunities for Adhesives in the Indian Automotive Industry by Vehicle Type
Figure 5.2: Growth Opportunities for Adhesives in the Indian Automotive Industry by Product Type
Figure 5.3: Emerging Trends in the Indian Automotive Adhesives Industry
Figure 5.4: Strategic Initiatives by Major Competitors in 2015
Figure 5.5: Year-over-Year Study of the Strategic Initiatives in the Indian Automotive adhesives Industry

List of Tables

Table 1.1: Adhesives in the Indian Automotive Industry Parameters and Attributes

Table 2.1: Comparison of Adhesives Properties
Table 2.2: Epoxy, Polyurethane, Acrylic, and Other Adhesives Applications in the Indian Automotive Industry
Table 2.3: Advantages and Disadvantages of Adhesives by Product Type
Table 2.4: Comparison of Adhesives with Mechanical Fasteners (Substitutes)

Table 3.1: Trends of Adhesives in the Indian Automotive Industry by Value and Volume from 2010 to 2015
Table 3.2: Average Growth Rates for One, Three, and Five Years for Adhesives in the Indian Automotive Industry in Terms of $ Shipment
Table 3.3: Market Size and 2014-2015 Growth Rates for Adhesives in the Indian Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.4: Market Size and Annual Growth Rates during from 2010 to 2015 for Adhesives in the Indian Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.5: Market Size and 2014-2015 Growth Rates for Adhesives in the Indian Automotive Industry by Product Type in Terms of Value and Volume Shipments
Table 3.6: Market Size and Annual Growth Rates from 2010 to 2015 for Adhesives in the Indian Automotive Industry by Product Type in Terms of Value and Volume Shipments
Table 3.7: Market Size and 2015-2016 Growth Rates for Adhesives in the Indian Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.8: Market Size and Annual Growth Rates from 2016 to 2021 for Adhesives in the Indian Automotive Industry by Segment in Terms of Value and Volume Shipments
Table 3.9: Market Size and 2015-2016 Growth Rates for Adhesives in the Indian Automotive Industry by Product Type in Terms of Value and Volume Shipments
Table 3.10: Market Size and Annual Growth Rates from 2016 to 2021 for Adhesives in the Indian Automotive Industry by Product Type in Terms of Value and Volume Shipments

Table 4.1: Product Mapping of Adhesives Manufacturers in the Indian Automotive Industry Based on Product Chemical Types

Table 5.1: Emerging Applications of Automotive Adhesives
Table 5.2: New Product Launches by Indian Automotive Adhesive Producers during Last Five Years
Table 5.3: Certification and Licenses Acquired by Major Competitors in the Indian Automotive Adhesive Industry 

Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the raw material suppliers for adhesives in the Indian automotive industry are Henkel, Huntsman Advanced Materials, Sika AG and others. Some of the manufacturers of automotive adhesives are Huntsman, Henkel AG & Company KGaA, 3M Company, and others.

Below is a brief summary of the primary interviews that were conducted by both job function and region for this report.


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.