India Automotive Hot Melt Adhesives Market Size, Share 2032
India Automotive Hot Melt Adhesives Market Size and Forecast (2025 - 2032), By Type (Ethylene Vinyl Acetate, Polyolefin, Polyamide, Polyurethane, Styrene Block Copolymers), By Application (Interior Trim, Exterior Trim, Upholstery, Electronics), By Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles), and Geography.
Market Overview:
The India Automotive Hot Melt Adhesives Market is projected to grow at a CAGR of 7.8% from 2024 to 2031, reaching a value of INR XX crore by 2031 from INR YY crore in 2024.
North India currently dominates the market, accounting for YY% of the total market share. Key metrics include production volume, consumption rate, and adoption across different vehicle segments.
The market is constantly expanding, buoyed by India's thriving automotive sector, increased demand for lightweight vehicles, and the growing trend of electric vehicle production. Government attempts to boost domestic manufacturing, as well as a shift towards more environmentally friendly adhesive solutions, are propelling market expansion.
India Automotive Hot Melt Adhesives Market Dynamics:
Market Trend: Rising adoption of lightweight materials driving demand for specialized hot melt adhesives
The India Automotive Hot Melt Adhesives market is seeing a significant shift towards the use of lightweight materials in vehicle manufacturing, which is driving up demand for specialised adhesive solutions. This trend is mostly driven by the automotive industry's concentration on improving fuel efficiency and lowering emissions in order to meet stringent regulatory requirements.
According to data from the Society of Indian Automobile Manufacturers (SIAM), the average weight of passenger vehicles in India has decreased by 8% in the last three years, with a corresponding increase in the use of advanced materials such as high-strength steel, aluminium, and composites. This transformation has increased the demand for adhesives that can effectively join these varied materials while maintaining structural integrity.
Leading glue manufacturers are responding to this trend by developing hot melt formulas specifically designed for lightweight materials. For example, a major Indian adhesive manufacturer predicted a 25% increase in sales of advanced hot melt adhesives for automotive applications in 2023, with lightweight vehicle projects accounting for 60% of the gain.
Furthermore, the use of hot melt adhesives rather than traditional connection methods like welding and mechanical fasteners has gained popularity. According to a survey conducted by the Adhesive and Sealant Council India, 70% of the country's automakers expect to boost their use of structural adhesives, particularly hot melts, by 2025 to promote lightweight design concepts.
Market Driver: Rapid growth of electric vehicle production boosting demand for specialized adhesives
The rapidly expanding electric vehicle (EV) sector in India is emerging as a significant driver of the automotive hot melt adhesives market. The government's push for electric mobility, which includes initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) program, has led to a surge in EV manufacturing and sales.
According to the Ministry of Heavy Industries, EV sales in India rose by 185% in 2023 compared to the previous year, with 1.35 million units sold. This rapid growth has created a huge demand for specialised adhesives that can handle the unique requirements of EV manufacturing, such as thermal management and electrical insulation.
Hot melt adhesives are appropriate for EV applications because they cure quickly, have high heat conductivity, and can make strong connections during battery pack assembly. A leading Indian electric vehicle manufacturer showed that employing hot melt adhesives in the battery assembly process reduced manufacturing time by 30% while improving battery pack performance.
Furthermore, the localisation of EV component manufacturing in India is driving up demand for domestically produced hot melt adhesives. The Automotive Component Manufacturers Association of India (ACMA) forecasts that 60% of EV components will be manufactured locally by 2025, up from 35% in 2023. This trend is expected to create significant opportunities for Indian adhesive manufacturers to develop and deliver specialist hot melt solutions for the EV industry.
Market Restraint: Fluctuating raw material prices impacting profit margins and market growth
Despite its generally positive outlook, the India Automotive Hot Melt Adhesives market has challenges due to volatile raw material prices, which can diminish profit margins and hamper market growth. Prices for major raw materials like ethylene vinyl acetate (EVA), polyolefins, and other resins have varied dramatically in recent years.
Segment Overview:
Polyurethane hot melt adhesives dominate the market, driven by superior bonding properties and versatility:
The polyurethane sector now dominates India's automotive hot melt adhesives industry, accounting for more than YY% of overall market volume. This dominance is due in part to the excellent bonding strength, durability, and versatility of polyurethane-based hot melt adhesives across a wide range of automotive applications.
According to recent data from the Indian Chemical Council, consumption of polyurethane hot melt adhesives in the automotive sector would expand by 12% in 2023, outpacing the growth of other adhesive types. This trend is particularly strong in applications that need high-performance bonding, such as interior trim assembly and automotive electronics.
Polyurethane hot melts are ideal for use in challenging automotive applications due to their outstanding moisture resistance and heat stability. According to a survey conducted by a leading Indian automotive magazine, 65% of the country's automakers prefer polyurethane hot melts for critical bonding applications because of their dependability and endurance.
Furthermore, the increased emphasis on vehicle safety and comfort is driving the need for polyurethane hot melts in applications such as headliner bonding and sound dampening. For example, a prominent Indian automaker claimed a 20% decrease in interior noise levels after using polyurethane-based hot melt adhesives for acoustic insulation in their most current model.
Regional Outlook:
North India leads the automotive hot melt adhesives market, driven by a strong manufacturing base and strategic location
North India dominates the India Automotive Hot Melt Adhesives market, accounting for YY% of the total share. This leadership position is partly due to the region's strong automotive manufacturing base, strategic location, and well-developed infrastructure.
The National Capital Region (NCR), which comprises Delhi, Gurugram, and Noida, is a major automotive production hub, with several major vehicle manufacturers and component suppliers having manufacturing facilities there. According to the Automotive Component Manufacturers Association of India (ACMA), North India produces more than 40% of the country's total automotive output.
In 2023, demand for automotive hot melt adhesives in North India increased by 9.5% year over year, owing to increased vehicle production and expansion of current manufacturing facilities. The region's proximity to critical raw material sources, combined with its well-established logistics network, has helped it attain a better market position.
The presence of major automotive clusters in Haryana and Uttar Pradesh has led to significant investment in adhesive manufacturing capacity. For example, a prominent global adhesive company has announced an INR 150 crore investment in 2023 to build a new automotive glue manufacturing facility in Manesar, Haryana.
Western India, particularly Maharashtra and Gujarat, trails North India in terms of market share. The region has seen significant growth in recent years, thanks to the expansion of the automotive sector in cities like Pune and Gujarat. The Maharashtra government's electric vehicle program, which seeks to establish the state as a leader in EV production, is expected to increase demand for specialised hot melt adhesives in the coming years.
Competitive Intelligence:
The Indian Automotive Hot Melt Adhesives market is dominated by both domestic and foreign players, with severe competition driving innovation and product development. To gain a competitive advantage, important competitors are prioritising increased manufacturing capacity, eco-friendly formulas, and expanded distribution networks.
Leading domestic manufacturers, including Pidilite Industries and Astral Adhesives, have expanded their automotive adhesive portfolios in order to achieve a larger market share. Pidilite reported a 15% year-on-year growth in its automotive adhesives segment in 2023, mainly to new product releases designed for electric vehicle applications.
International behemoths such as Henkel, 3M, and H.B. Fuller have a strong presence in the Indian market, exploiting their global experience and R&D capabilities. Henkel, for example, plans to construct a new automotive adhesives innovation facility in Pune in 2023, with an emphasis on offering localised solutions to Indian OEMs.
Collaborations between glue manufacturers and automotive OEMs are becoming more widespread. A notable example is a partnership between a leading Indian adhesive company and a major electric two-wheeler manufacturer to supply specialist hot melt solutions for battery pack assembly, resulting in a 25% boost in production efficiency.
The market is also trending towards sustainability, with companies investing in bio-based and recyclable hot melt glue compositions. According to a survey done by the Indian Institute of Chemical Technology, 55% of India's automotive adhesive manufacturers are currently researching or have previously manufactured ecologically friendly hot melt glue.
Looking ahead, the competitive landscape is expected to change further as new players enter the market, particularly in the specialised EV adhesives category. Companies who can supply innovative, cost-effective, and long-lasting adhesive solutions while maintaining strong relationships with OEMs are expected to gain a competitive advantage in the next few years.
Analyst Opinion:
The India Automotive Hot Melt Adhesives market is predicted to expand and alter significantly in the next few years, owing to the country's rapidly increasing automotive sector. The convergence of multiple key developments, such as the transition to electric cars, lightweighting measures, and a greater emphasis on sustainability, is creating a dynamic environment rich with opportunity for adhesive manufacturers.
One key trend to watch is the increasing localisation of glue production for the automotive industry. As India aims to become a global automotive manufacturing hub, there is a growing emphasis on developing a robust domestic supply chain. This presents an excellent chance for domestic glue manufacturers to extend their skills and compete more successfully against international competition.
Another attractive feature is the potential for cross-industry collaboration in adhesive technology development. For example, we are seeing an increase in demand for aerospace-grade adhesives in high-performance automotive applications, particularly in the premium and electric vehicle industries. This technological cross-pollination has the potential to lead to significant breakthroughs in automotive bonding solutions.
The automotive industry's implementation of smart manufacturing and Industry 4.0 techniques is also predicted to have an impact on the hot melt adhesives market. We anticipate seeing new adhesive solutions that work with automated application processes and can be incorporated into connected manufacturing systems for real-time quality control and optimisation.
Major Players:
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Pidilite Industries Limited
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Henkel India
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3M India
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H.B. Fuller India
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Astral Adhesives
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Sika India
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Bostik India
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Jowat India
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DuPont India
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Delo Industrial Adhesives India
Key Developments:
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July 2023: Pidilite Industries launches a new line of high-performance hot melt adhesives specifically intended for electric vehicle battery installation.
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September 2023: Henkel India established an automotive adhesives innovation facility in Pune, with a focus on providing bespoke solutions to Indian OEMs.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium)
5. COMPANY PROFILES
5.1. Pidilite Industries Limited
5.2. Henkel India
5.3. 3M India
5.4. H.B. Fuller India
5.5. Astral Adhesives
5.6. Sika India
5.7. Bostik India
5.8. Jowat India
5.9. DuPont India
5.10. Delo Industrial Adhesives India
(*LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Rising adoption of lightweight materials driving demand for specialized hot melt adhesives
6.1.2. Increasing focus on sustainable and eco-friendly adhesive solutions
6.1.3. Growing integration of smart adhesive technologies in automotive manufacturing
6.2. Market Drivers
6.2.1. Rapid growth of electric vehicle production boosting demand for specialized adhesives
6.2.2. Government initiatives promoting domestic manufacturing in the automotive sector
6.2.3. Increasing demand for high-performance bonding solutions in vehicle assembly
6.3. Market Restraints
6.3.1. Fluctuating raw material prices impacting profit margins and market growth
6.3.2. Challenges in adhesive performance under extreme weather conditions
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (INR Cr), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
7.1. Ethylene Vinyl Acetate
7.1.1. Low melt temperature EVA
7.1.2. High melt temperature EVA
7.2. Polyolefin
7.2.1. Polyethylene-based
7.2.2. Polypropylene-based
7.3. Polyamide
7.3.1. Nylon-based
7.3.2. Other polyamides
7.4. Polyurethane
7.4.1. Thermoplastic polyurethane
7.4.2. Reactive polyurethane
7.5. Styrene Block Copolymers
7.5.1. SBS (Styrene-Butadiene-Styrene)
7.5.2. SEBS (Styrene-Ethylene-Butylene-Styrene)
8. BY APPLICATION (MARKET SIZE/VALUE (INR Cr), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
8.1. Interior Trim
8.1.1. Dashboard assembly
8.1.2. Door panel bonding
8.2. Exterior Trim
8.2.1. Headlamp assembly
8.2.2. Bumper bonding
8.3. Upholstery
8.3.1. Seat assembly
8.3.2. Headliner bonding
8.4. Electronics
8.4.1. Wire harness assembly
8.4.2. Sensor bonding
9. BY VEHICLE TYPE (MARKET SIZE/VALUE (INR Cr), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
9.1. Passenger Cars
9.1.1. Hatchbacks
9.1.2. Sedans
9.1.3. SUVs
9.2. Commercial Vehicles
9.2.1. Light Commercial Vehicles
9.2.2. Heavy Commercial Vehicles
9.3. Electric Vehicles
9.3.1. Battery Electric Vehicles
9.3.2. Hybrid Electric Vehicles
10. BY REGION (MARKET SIZE/VALUE (INR Cr), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
10.1. North India
10.1.1. Delhi-NCR
10.1.2. Haryana
10.1.3. Punjab
10.2. South India
10.2.1. Tamil Nadu
10.2.2. Karnataka
10.2.3. Telangana
10.3. East India
10.3.1. West Bengal
10.3.2. Odisha
10.3.3. Bihar
10.4. West India
10.4.1. Maharashtra
10.4.2. Gujarat
10.4.3. Rajasthan
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (INR Cr), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
By Type:
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Ethylene Vinyl Acetate
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Polyolefin
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Polyamide
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Polyurethane
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Styrene Block Copolymers
By Application:
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Interior Trim
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Exterior Trim
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Upholstery
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Electronics
By Vehicle Type:
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Passenger Cars
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Commercial Vehicles
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Electric Vehicles
By Region:
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North India
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South India
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East India
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West India
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