You are viewing: India Polyurethane Adhesives Market analysis
Part of: Polyurethane Adhesives Market (Global)

The India Polyurethane Adhesives Market was valued at $497.2 Million in 2026 and projected to reach to $741.8 Million by 2031, representing a compound annual growth rate of 8.33%. India's polyurethane adhesives market is poised for substantial expansion, growing from USD 497.2 million in 2026 to USD 741.8 million by 2031.

India Polyurethane Adhesives Market (2026-2031) : Size and Share
logo-mobile
CAGR of
cagr-Chart
USD Million
MARKET SNAPSHOT
Market Size in USD 26.32 MN
Market Forecast in
CAGR
Forecast Period
Units Considered Value (USD MN)

India Polyurethane Adhesives Market Trends and Insights

  • This expansion reflects India's accelerating demand across automotive, construction, and consumer goods sectors, where polyurethane adhesives are increasingly preferred for their superior bonding strength and durability.
  • India's manufacturing renaissance and rising infrastructure investments are driving adoption of advanced adhesive solutions across industrial applications. The 8.33% compound annual growth rate (CAGR) positions India among the fastest-growing polyurethane adhesives markets in Asia Pacific.
  • India's competitive labor costs, growing foreign direct investment, and expanding domestic consumption are catalyzing market penetration.
  • Between 2026 and 2031, India is expected to capture significant market share as local manufacturers scale production and multinational adhesive suppliers establish regional hubs to serve India's burgeoning industrial base..

Key Market Statistics

  • CAGR (2026-2031) 8.33% CAGR
  • Market Size, 2026 ~USD 497.2 Million
  • Forecast, 2031 ~USD 741.8 Million
  • Country India

India Polyurethane Adhesives Market Overview

Strong CAGR Growth :

India's polyurethane adhesives market is growing at 8.33% CAGR, significantly outpacing the global rate of 5.82%, driven by rapid industrialization and infrastructure development across the country.

Automotive Sector Dominance :

The automotive industry in India is a primary growth driver, with polyurethane adhesives increasingly replacing traditional fastening methods in vehicle assembly, interior components, and structural bonding applications.

Construction & Infrastructure Boom :

India's booming construction sector, supported by government initiatives like Smart Cities and housing programs, is fueling demand for high-performance polyurethane adhesives in building materials and infrastructure projects.

Manufacturing Expansion :

India's growing manufacturing base and 'Make in India' initiative are accelerating adoption of polyurethane adhesives in consumer goods, electronics, and appliance production, creating substantial market opportunities.

India Polyurethane Adhesives Market Dynamics

  • This growth trajectory reflects India's emergence as a manufacturing hub and the increasing preference for advanced adhesive solutions in automotive, construction, and consumer goods sectors.
  • The country's robust economic growth, coupled with rising disposable incomes and infrastructure investments, creates favorable conditions for market expansion. Key drivers include the automotive industry's shift toward lightweight vehicle designs, construction sector modernization, and growing consumer demand for durable products.
  • Additionally, technological advancements in polyurethane formulations and increasing awareness of superior bonding properties are accelerating market penetration.
  • Strategic investments by both domestic and international players, combined with supportive government policies, are expected to sustain this growth momentum through 2031..

Related Ecosystem

Electric Hybrid Vehicles

Top Technologies
  • Battery Electric Vehicle (BEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • Light Commercial Vehicles (LCVs)
  • Hybrid Electric Vehicle (HEV)
  • Agricultural Tractors
Top Companies
  • Visteon Corporation
  • BOSCH LIMITED
  • Byd company ltd.
  • Tesla, Inc.
  • FORD MOTOR COMPANY

    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

      Paints And Coatings

      Top Technologies
      • Polyurethane Resin
      • Alkyd Resins
      • Epoxy Resin
      • Polyester Resin
      • Acrylics
      Top Companies
      • Basf se
      • JOTUN
      • PPG Industries, Inc.
      • DOW CHEMICAL COMPANY
      • Akzonobel n.v.

        Key Takeaways

        • India's polyurethane adhesives market will grow from USD 497.2M (2026) to USD 741.8M (2031) at 8.33% CAGR, outpacing global growth.
        • India's automotive and construction sectors are primary demand drivers, leveraging polyurethane adhesives for lightweight and durable applications.
        • India's manufacturing expansion and infrastructure development create sustained demand for high-performance adhesive solutions through 2031.
        • India's competitive manufacturing ecosystem attracts global adhesive suppliers, intensifying competition and accelerating market maturation.

        Polyurethane Adhesives Market Report Scope

        Report Metric Details
        Base Year 2026
        Fastest Growing Segment OTHER TECHNOLOGIES (Technology)
        Forecast Period 2026–2031
        Growth Rate CAGR of 5.82% from 2026 to 2031
        Largest Segment THERMOSET (Type)
        Market Size Base Year (Billions) ~USD 9.68 (2026)
        Revenue Forecast (Billions) ~USD 12.84 (2031)
        Segments Covered Technology, Type, End-Use Industry

        India Polyurethane Adhesives Market Report Segmentation

        3 segment dimensions are covered across the global market.

        By Technology

        • 100% Solids
        • Dispersion
        • Other Technologies
        • Solvent-Borne

        By Type

        • Thermoplastic
        • Thermoset

        By End-Use Industry

        • Automotive
        • Building & Construction
        • Furniture & Decoration
        • General Industrial
        • Leather & Footwear
        • Other End-Use Industries
        • Packaging

        Target Audience

        • Adhesive Manufacturers & Suppliers : Manufacturers need India-specific market data to assess market entry feasibility, determine production capacity requirements, and develop localized product strategies for the rapidly expanding Indian polyurethane adhesives market.
        • Automotive OEMs & Suppliers : Automotive companies require detailed insights into adhesive adoption trends, performance requirements, and supplier landscape in India to optimize vehicle assembly processes and ensure supply chain reliability.
        • Construction & Building Material Companies : Construction sector players need market intelligence on polyurethane adhesive applications, growth drivers, and competitive offerings to enhance product portfolios and capture opportunities in India's infrastructure boom.
        • Investment & Private Equity Firms : Investors seeking India exposure need comprehensive market analysis, growth projections, and sector dynamics to evaluate investment opportunities in polyurethane adhesive manufacturers and distributors.
        • Business Consultants & Strategy Firms : Consultants advising clients on India market expansion require detailed market segmentation, competitive analysis, and growth forecasts to develop informed business strategies and market entry recommendations.

        Key Companies in the India Polyurethane Adhesives Market

        CompanyHQOwnershipStrongest segments
        WANHUA CHEMICAL GROUP CO., LTDChinaPublic CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,
        SEKISUI CHEMICAL CO., LTDJapanPublic CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology,
        KRATON CORPORATIONUnited StatesPrivate CompanyThermoset PU adhesive value chain,Thermoplastic PU adhesive value chain,Solvent-borne PU adhesive systems,
        SYNTHOS S.APolandPrivate CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        SCAPA GROUP PLCUnited KingdomPrivate CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology,
        BOREALIS AGUnited StatesPrivate CompanyThermoset polyurethane adhesives value-chain exposure,Thermoplastic polyurethane adhesives value-chain exposure,Solvent-borne and dispersion technologies (indirect),
        REPSOL S.A.SpainPublic CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,
        USG CORPORATIONUnited StatesPrivate CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        HENKEL AG & CO. KGAAGermanyPublic CompanyThermoset PU adhesives,Thermoplastic PU adhesives,Solvent-borne PU technology,
        H.B. FULLER COMPANYUnited StatesPublic CompanyThermoset PU – 100% solids and solvent-borne,Dispersion / water-based PU,Thermoplastic PU,
        SIKA AGSwitzerlandPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        3M COMPANYUnited StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        DOW INC.United StatesPublic CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technologies,
        HUNTSMAN INTERNATIONAL LLCUnited StatesPrivate CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technologies,
        ILLINOIS TOOL WORKS INC.United StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        ARKEMA S.A.FrancePublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        PARKER-HANNIFIN CORPORATIONUnited StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        HEXCEL CORPORATIONUnited StatesPublic CompanyThermoset PU Adhesives & Systems,Thermoplastic PU Adhesives & Systems,Solvent-borne PU Adhesive Technologies,
        MAPEI CORPORATIONItalyPrivate CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,

        WANHUA CHEMICAL GROUP CO., LTD

        Wanhua Chemical Group Co., Ltd is a Chinese public company founded in 1978 that operates as a major chemical manufacturer with a workforce of 30,772 employees.

        SEKISUI CHEMICAL CO., LTD

        Sekisui Chemical Co., Ltd is a Japanese public company established in 1947 with 26,752 employees, operating in the chemical manufacturing sector.

        KRATON CORPORATION

        Kraton Corporation is a United States-based private company founded in 2000 with 1,875 employees operating in the specialty chemicals industry.

        SYNTHOS S.A

        Synthos S.A is a Polish private company established in 1945 with 2,975 employees engaged in chemical manufacturing and production.

        SCAPA GROUP PLC

        Scapa Group PLC is a United Kingdom private company established in 1927 with 1,461 employees manufacturing adhesive-based products and technical tapes.

        BOREALIS AG

        Borealis AG is a United States-based private company founded in 1994 with 5,887 employees operating in the polyolefins and base chemicals sectors.

        REPSOL S.A.

        Repsol S.A. is a Spanish public company established in 1927 with 24,523 employees engaged in oil, gas, and energy production.

        USG CORPORATION

        USG Corporation is a United States-based private company founded in 1902 with 7,300 employees manufacturing building materials and gypsum products.

        HENKEL AG & CO. KGAA

        Henkel AG & Co. KGaA is a German public company established in 1876 with 42,200 employees operating in adhesives, sealants, and consumer goods.

        H.B. FULLER COMPANY

        H.B. Fuller Company is a United States-based public company founded in 1887 with 7,100 employees manufacturing adhesives, sealants, and specialty chemicals.

        SIKA AG

        Sika AG is a Swiss public company established in 1910 with 33,856 employees specializing in construction chemicals and industrial adhesives.

        3M COMPANY

        3M Company is a United States-based public company founded in 1902 with 60,500 employees manufacturing diversified products including adhesives, abrasives, and industrial solutions.

        DOW INC.

        Dow Inc. is a United States-based public company established in 1897 with 32,800 employees operating as a major producer of chemicals and materials.

        HUNTSMAN INTERNATIONAL LLC

        Huntsman International LLC is a United States-based private company founded in 1970 with 6,000 employees engaged in specialty chemicals and pigments manufacturing.

        ILLINOIS TOOL WORKS INC.

        Illinois Tool Works Inc. is a United States-based public company established in 1912 with 43,000 employees manufacturing diversified industrial products and equipment.

        ARKEMA S.A.

        Arkema S.A. is a French public company founded in 2003 with 20,700 employees specializing in specialty chemicals and advanced materials.

        PARKER-HANNIFIN CORPORATION

        Parker-Hannifin Corporation is a United States-based public company founded in 1917 with 57,950 employees producing motion and control technologies and systems.

        HEXCEL CORPORATION

        Hexcel Corporation is a United States-based public company established in 1946 with 5,563 employees producing composite materials and engineered products.

        MAPEI CORPORATION

        Mapei Corporation is an Italian private company established in 1937 with 13,252 employees specializing in adhesives, sealants, and building materials.

        Reasons to Buy this Report

        • Market Size & Growth Validation : Obtain precise market valuation for India (USD 497.2M in 2026) and verified forecast data (USD 741.8M by 2031) to support investment decisions, business planning, and competitive positioning in this high-growth market.
        • Sector-Specific Insights : Access detailed analysis of India's automotive, construction, and consumer goods sectors to identify which industries offer the highest growth potential and optimal entry points for polyurethane adhesive products.
        • Competitive Landscape Intelligence : Understand India-specific market dynamics, key players, and competitive strategies to develop targeted go-to-market approaches and differentiation strategies for the Indian polyurethane adhesives market.
        • Regulatory & Policy Framework : Gain insights into India's manufacturing policies, 'Make in India' initiatives, and regulatory requirements affecting polyurethane adhesive production, import, and distribution to ensure compliance and operational efficiency.
        • Strategic Growth Opportunities : Identify emerging opportunities in India's infrastructure development, automotive electrification, and consumer goods expansion to align product portfolios and capture market share in high-potential segments.

        Frequently asked questions

        What is the current size of India's polyurethane adhesives market?

        India's polyurethane adhesives market is valued at USD 497.2 million in 2026, with verified data confirming strong market fundamentals across industrial segments.

        What is the projected market size for India by 2031?

        India's polyurethane adhesives market is forecast to reach USD 741.8 million by 2031, representing 49% growth over the five-year forecast period.

        What is driving growth in India's polyurethane adhesives market?

        India's growth is driven by expanding automotive production, rising construction activity, increasing consumer goods manufacturing, and growing adoption of lightweight bonding solutions in industrial applications.

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

        India's 8.33% CAGR significantly exceeds the global polyurethane adhesives CAGR of 5.82%, positioning India as a high-growth market within Asia Pacific.

        Which industries are the largest consumers of polyurethane adhesives in India?

        India's automotive, construction, furniture, and consumer electronics sectors are the primary consumers, driven by demand for durable, high-performance bonding solutions.

        RESEARCH METHODOLOGY

        The study involved four major activities in estimating the market size for polyurethane adhesives. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

        Secondary Research

        Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold-standard and silver-standard websites, such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research, which involved conducting extensive interviews with key officials, including CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below.

        Primary Research

        The polyurethane adhesives market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

        BREAKDOWN OF PRIMARY PARTICIPANTS

        Polyurethane Adhesives Market Size, and Share

        Notes: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2024/2025 available in the public domain, product portfolios, and geographical presence.
        Other designations include consultants and sales, marketing, and procurement managers.

        COMPANY NAME

        DESIGNATION

        Henkel AG & Co. KGaA

        Senior Manager

        H.B. Fuller Company

        Innovation Manager

        Sika AG

        Vice President

        Dow Inc.

        Production Supervisor

        3M Company

        Sales Manager

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

        Market Size Estimation

        Both top-down and bottom-up approaches were used to estimate and validate the total size of the polyurethane adhesives market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

        • The key players in the industry have been identified through extensive secondary research.
        • The supply chain of the industry has been determined through primary and secondary research.
        • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
        • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

        Polyurethane Adhesives Market : Top-Down and Bottom-Up Approach

        Polyurethane Adhesives Market Top Down and Bottom Up Approach

        Data Triangulation

        After determining the overall market size using the market size estimation processes explained above, the market was divided into several segments and subsegments. To complete the overall market engineering process and determine the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed, as applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the polyurethane adhesives industry.

        Market Definition

        Polyurethane adhesives are a class of synthetic adhesives made by reacting polyols with isocyanates to form a polymer network. They are known for their high strength, toughness, and durability, as well as their resistance to weathering, moisture, chemicals, and temperature changes. They can be further modified to meet specific performance requirements by adding fillers, plasticizers, and other additives. The resulting adhesive can be formulated as liquid, paste, or foam and is used in a wide range of industrial applications, including construction, automotive, furniture, and footwear.

        Key Stakeholders

        • Polyurethane adhesive manufacturers
        • Polyurethane adhesive distributors
        • Raw material suppliers
        • Government and research organizations
        • Investment banks and private equity firms

        Report Objectives

        • To analyze and forecast the size of the global polyurethane adhesives market in terms of value and volume
        • To provide detailed information about the major drivers, restraints, challenges, and opportunities influencing the market growth
        • To define, describe, and segment the market based on type, technology, end-use industry, and region
        • To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, the Middle East & Africa, and South America
        • To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
        • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
        • To identify and analyze opportunities for stakeholders in the market
        • To analyze competitive developments such as expansions, partnerships, joint ventures, mergers & acquisitions, agreements, and product launches in the market
        • To strategically profile the key companies and comprehensively analyze their core competencies

         

        Get the Full Polyurethane Adhesives Market Report

        Full forecast, segment splits, and company analysis for all Polyurethane Adhesives Market.

        Need a Tailored Report?

        Customize this report to your needs

        Get 10% FREE Customization

        Customize This Report
        Fact checked
        DMCA.com Protection Status