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Part of: Cyanoacrylate Adhesives Market (Global)

The India Cyanoacrylate Adhesives Market was valued at $37.54 Million in 2024 and projected to reach to $51.34 Million by 2029, representing a compound annual growth rate of 6.5%. India's cyanoacrylate adhesives market is positioned for sustained growth, supported by the country's expanding manufacturing ecosystem and government initiatives like 'Make in India.' The automotive sector remains the primary growth catalyst, with increasing vehicle production and export activities driving adhesive consumption.

India Cyanoacrylate Adhesives Market (2024-2029) : Size and Share
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CAGR of
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MARKET SNAPSHOT
Market Size in USD 26.32 MN
Market Forecast in
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Forecast Period
Units Considered Value (USD MN)

India Cyanoacrylate Adhesives Market Trends and Insights

  • India's market is outpacing global growth trends, with a compound annual growth rate of 6.5%, significantly higher than the global average of 2.9%.
  • This acceleration reflects India's expanding manufacturing base, rising demand from automotive and consumer electronics sectors, and increasing adoption of instant adhesives across industrial applications. The cyanoacrylate adhesives market in India is driven by rapid industrialization and the country's emergence as a global manufacturing hub.
  • India's growing footprint in electronics assembly, automotive component production, and consumer goods manufacturing is fueling demand for high-performance bonding solutions.
  • Between 2024 and 2029, India is expected to capture increasing market share within the Asia Pacific region, supported by favorable demographics, cost-competitive production, and rising foreign direct investment in manufacturing sectors that rely heavily on adhesive technologies..

Key Market Statistics

  • CAGR (2024-2029) 6.5% CAGR
  • Market Size, 2024 ~USD 37.54 Million
  • Forecast, 2029 ~USD 51.34 Million
  • Country India

India Cyanoacrylate Adhesives Market Overview

Rapid Market Expansion :

India's cyanoacrylate adhesives market is growing at 6.5% CAGR, more than double the global rate of 2.9%, driven by industrialization and manufacturing sector growth.

Automotive Sector Demand :

India's booming automotive industry is a primary growth driver, with increasing adoption of cyanoacrylate adhesives in vehicle assembly, component bonding, and lightweight material applications.

Electronics & Consumer Goods :

Rising electronics manufacturing and consumer goods production in India are creating substantial demand for fast-setting adhesives in assembly and packaging applications.

Market Valuation Growth :

The market is valued at USD 37.54 million in 2024 and is projected to reach USD 51.34 million by 2029, representing significant investment opportunities in the Indian adhesives sector.

India Cyanoacrylate Adhesives Market Dynamics

  • Additionally, the electronics and consumer goods industries are rapidly adopting cyanoacrylate solutions for improved efficiency and product quality. Looking ahead, India's market is expected to benefit from rising foreign direct investment in manufacturing, growing domestic consumption, and technological advancements in adhesive formulations.
  • The shift toward lightweight materials and sustainable production practices will further accelerate market penetration across industrial segments, positioning India as a key growth market within the global cyanoacrylate adhesives landscape..

Related Ecosystem

Adhesives And Sealants

Top Technologies
  • Alkyd Resins
  • Polyurethane Resin
  • Epoxy Resin
  • Polyester Resin
  • Polyolefin
Top Companies
  • 3M COMPANY
  • Henkel ag and co. kgaa
  • H.B. Fuller Company
  • Sika ag
  • DOW CHEMICAL COMPANY

    Automotive Electronics And Electrical Equipment

    Top Technologies
    • Battery Electric Vehicle (BEV)
    • Light Commercial Vehicles (LCVs)
    • Fuel Cell Electric Vehicle (FCEV)
    • Sensors
    • Hybrid Electric Vehicle (HEV)
    Top Companies
    • BOSCH LIMITED
    • DENSO Corporation
    • Continental ag
    • Panasonic Holdings Corporation
    • Texas Instruments Incorporated

      Key Takeaways

      • India's cyanoacrylate adhesives market is valued at USD 37.54 million in 2024 and will reach USD 51.34 million by 2029, representing a 6.5% CAGR.
      • India's growth rate of 6.5% significantly exceeds the global CAGR of 2.9%, positioning India as a high-growth market within Asia Pacific.
      • India's expanding automotive, electronics, and consumer goods manufacturing sectors are primary drivers of cyanoacrylate adhesive demand.
      • India's cost-competitive production and increasing FDI in manufacturing are accelerating market expansion and industrial adhesive adoption.

      Cyanoacrylate Adhesives Market Report Scope

      Report Metric Details
      Base Year 2024
      Fastest Growing Segment MEDICAL (Application)
      Forecast Period 2024-2029
      Growth Rate CAGR of 2.9% from 2024 to 2029
      Largest Segment ETHYL CYANOACRYLATE (Chemistry)
      Market Size Base Year (Billions) ~USD 2.22 (2024)
      Revenue Forecast (Billions) ~USD 2.56 (2029)
      Segments Covered Chemistry, Curing Process, End-Use Industry, Sub-Chemistry, Application

      India Cyanoacrylate Adhesives Market Report Segmentation

      5 segment dimensions are covered across the global market.

      By Chemistry

      • Cyanoacrylate
      • Epoxy-Based
      • Ethyl Cyanoacrylate
      • Methyl Cyanoacrylate
      • Other Chemistries

      By Curing Process

      • Conventional
      • Light-Cured

      By End-Use Industry

      • Consumer
      • Electronics
      • Industrial
      • Medical
      • Other End-Use Industries
      • Transportation
      • Woodworking
      • -Aerospace
      • -Automotive
      • -Other Transportations

      By Sub-Chemistry

      • Ethyl Cyanoacrylate
      • Methyl Cyanoacrylate
      • One-Part
      • Two-Part

      By Application

      • Consumer
      • Electronics
      • Industrial
      • Medical
      • Transportation
      • Woodworking

      INDIA: CYANOACRYLATE ADHESIVES MARKET, BY END-USE INDUSTRY, 2021–2029

      Segment202120222023202420252026202720282029CAGR (%)
      CONSUMER2.212.462.62.662.772.923.133.43.767.2
      ELECTRONICS8.149.039.549.7810.1610.711.4512.4613.757
      INDUSTRIAL5.566.046.336.466.666.947.317.798.395.4
      MEDICAL1.832.012.122.172.252.362.512.712.976.4
      OTHER END-USE INDUSTRIES0.870.9511.031.061.111.181.271.396.2
      TRANSPORTATION12.8714.1814.9415.315.8516.6217.6919.1120.916.4
      WOODWORKING0.120.130.130.140.140.150.150.160.174.8
      –AEROSPACE0.590.630.660.670.690.710.740.770.824
      –AUTOMOTIVE11.7813.0113.7214.0614.5815.3116.3317.6819.396.6
      –OTHER TRANSPORTATIONS0.490.530.560.570.580.60.630.660.714.5
      TOTAL31.634.836.6637.5438.940.843.4246.9151.346.5

      Target Audience

      • Adhesive Manufacturers & Suppliers : Manufacturers need India-specific market data to assess market entry feasibility, competitive positioning, and capacity planning for production facilities targeting Indian industrial customers.
      • Automotive OEMs & Suppliers : Automotive companies require insights into adhesive market trends and supplier availability in India to optimize supply chain strategies and ensure consistent material sourcing for manufacturing operations.
      • Electronics & Consumer Goods Companies : Electronics and consumer goods manufacturers need market intelligence to identify reliable adhesive suppliers, evaluate cost competitiveness, and plan production scaling in India.
      • Investment & Private Equity Firms : Investors evaluating opportunities in India's chemicals and materials sector need market sizing and growth projections to assess portfolio companies and identify acquisition targets.
      • Business Consultants & Strategy Firms : Consultants advising clients on India market expansion require localized market data and growth forecasts to develop credible business cases and strategic recommendations.

      Reasons to Buy this Report

      • India-Specific Market Sizing : Access precise valuation data for India's cyanoacrylate adhesives market with verified 2024 baseline (USD 37.54M) and 2029 forecasts, enabling accurate business planning and investment decisions.
      • Competitive Growth Intelligence : Understand India's 6.5% CAGR advantage over global 2.9% growth, identifying high-potential market segments and timing for market entry or expansion strategies.
      • Sector-Specific Demand Drivers : Gain insights into India's automotive, electronics, and consumer goods sectors driving adhesive adoption, with actionable intelligence for product positioning and sales strategies.
      • Investment & Partnership Opportunities : Identify growth corridors and investment hotspots within India's manufacturing landscape to guide M&A activities, joint ventures, and distribution partnerships.
      • Regulatory & Market Landscape : Navigate India-specific regulatory requirements, manufacturing standards, and market dynamics to optimize product compliance, pricing strategies, and go-to-market approaches.

      Frequently asked questions

      What is the current market size of cyanoacrylate adhesives in India?

      India's cyanoacrylate adhesives market was valued at USD 37.54 million in 2024 and is projected to grow to USD 51.34 million by 2029.

      What is the expected growth rate for cyanoacrylate adhesives in India?

      India's cyanoacrylate adhesives market is expected to grow at a CAGR of 6.5% from 2024 to 2029, outpacing the global average of 2.9%.

      Which industries are driving demand for cyanoacrylate adhesives in India?

      India's automotive, electronics assembly, consumer goods manufacturing, and industrial sectors are the primary drivers of cyanoacrylate adhesive demand.

      How does India's market growth compare to global trends?

      India's cyanoacrylate adhesives market is growing at 6.5% CAGR, more than double the global growth rate of 2.9%, reflecting India's rapid industrialization.

      What factors are supporting market expansion in India?

      India's market expansion is supported by rapid industrialization, increasing FDI in manufacturing, cost-competitive production, and rising demand from high-growth industrial sectors.

      RESEARCH METHODOLOGY

      The study involved four major activities in order to estimate the current size of the cyanoacrylate adhesives market. Exhaustive secondary research was conducted to gather information on the market. The next step was to conduct primary research to validate these findings, assumptions, and sizing with the industry experts across the supply chain. Both top-down and bottom-up approaches were used to estimate the total market size. The market size of segments and subsegments was then estimated using market breakdown and data triangulation.

      Secondary Research

      Secondary sources include annual reports of companies, press releases, investor presentations, white papers, articles by recognized authors, and databases, such as Hoovers, Bloomberg L.P., Factiva, ICIS, and OneSource; and publications and databases from associations, National Library of Medicine, FEICA (Association of the European Adhesive & Sealant Industry), Adhesive and Sealant Council, American Chemical Society, British Adhesives & Sealants Association, Adhesives and Sealants Manufacturers Association of Canada (ASMAC), The Adhesives and Sealants Association (TASA).

      Primary Research

      Extensive primary research was carried out after gathering information cyanoacrylate adhesives market through secondary research. In the primary research process, experts from the supply and demand sides have been interviewed to obtain qualitative and quantitative information and validate the data for this report. Questionnaires, emails, and telephonic interviews were used to collect primary data. Primary sources from the supply side include industry experts, such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the cyanoacrylate adhesives market. Primary interviews were conducted to elicit information such as market statistics, revenue data collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also assisted in comprehending the various trends associated to type, application, and region.

      The Breakup of Primary Research:

      Cyanoacrylate Adhesives Market Size, and Share

      To know about the assumptions considered for the study, download the pdf brochure

      CYANOACRYLATE ADHESIVES MANUFACTURERS

      Henkel AG & Co. KGaA

      Arkema

      H.B. Fuller Company

      Toagosei Co., Ltd

      3M

      Illinois Tool Works Inc.

      Sika AG

      Pidilite Industries Limited

      Huntsman International LLC

      Dymax

      Market Size Estimation

      The following information is part of the research methodology used to estimate the size of the cyanoacrylate adhesives market. The market sizing of the cyanoacrylate adhesives market was undertaken from the demand side. The market size was estimated based on market size for cyanoacrylate adhesives in various technology.

      Cyanoacrylate Adhesives Market Size, and Share

      To know about the assumptions considered for the study, Request for Free Sample Report

      Data Triangulation

      After arriving at the overall market size, the market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

      Market Definition

      The term "Cyanoacrylate Adhesives" (CA) refers to acrylic resins that quickly polymerize when they come into contact with moisture, usually from the air or surfaces, resulting in a speedy and thorough cure, according to the "National Library of Medicine". When exposed to moisture, especially hydroxide ions, these resins quickly attach and bOnd to surfaces in 5 to 6 seconds, and undergo through exothermic polymerization within 60 seconds.

      Key Stakeholders

      • Cyanoacrylate adhesives manufacturers
      • Adhesive manufacturers
      • Adhesive & Sealants Association
      • Raw material suppliers
      • Manufacturing technology providers
      • Industry associations
      • Stakeholders in the timber industry
      • Traders, distributors, and suppliers of cyanoacrylate adhesives
      • NGOs, government bodies, regional agencies, and research organizations

      Report Objectives

      • To define, describe, and forecast the cyanoacrylate adhesives market in terms of value and volume
      • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges, influencing the market growth
      • To analyze and forecast the market size by chemistry, curing process, application, and end-use industry.
      • To forecast the cyanoacrylate adhesives market size for North America, Europe, Asia Pacific, South America, and Middle East & Africa
      • To strategically analyze micromarkets1 concerning individual growth trends, growth prospects, and their contribution to the overall market
      • To assess the opportunities in the market for stakeholders and provide a competitive landscape for the market leaders
      • To analyze competitive developments, such as acquisitions, product launches, investments, expansions, agreements, collaborations, and partnerships, in the market
      • To strategically profile the key players and comprehensively evaluate their market shares and core competencies

      Available Customizations

      MarketsandMarkets offers the following customizations for this market report:

      • Further breakdown of a specific region of the cyanoacrylate adhesives market
      • Detailed analysis and profiling of additional market players (up to five)

      Product Analysis

      • Product matrix, which provides a detailed comparison of the product portfolio of each company in the cyanoacrylate adhesives market

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