Small Business Ideas for More Profits. How to Start Adhesives Manufacturing Unit
Adhesive, any substance that is capable of holding materials together in a functional manner by surface attachment that resists separation. “Adhesive†as a general term includes cement, mucilage, glue, and paste—terms that are often used interchangeably for any organic material that forms an adhesive bond.
Starch is a polysaccharide carbohydrate. All green plants store starch as energy produced by photosynthesis. The most common form of starch is amylase and amyloprotein. Maize (Corn) Starch (C6H10O5) is the leading source of starch both for food and for its use in industries.
Few Indian Major Players are as under
- Anabond Ltd.
- Arofine Polymers Ltd.
- F C L Technologies & Products Ltd.
- Golden Chem-Tech Ltd.
- Henkel Adhesives Technologies India Pvt. Ltd
Market outlook
Adhesives are used in almost every manufacturing sector right from flexible packaging to textiles and have gained widespread popularity across sectors, which comprises renewable energy, auto, aviation, construction, FMCG, healthcare and others.
The adhesives & sealants market is expected to grow from USD 49.50 Billion in 2016 to USD 63.50 Billion by 2021, at a CAGR of 5.11% between 2016 and 2021.
Growth in India adhesives market can also be attributed to macroeconomic factors such as increasing population base, rising per capital income and rapid industrialization. Moreover, rising technological advancements have led to development of advanced and hybrid adhesives that have excellent bonding strength and flexibility, under a wide range of temperatures. Rising awareness about different types of adhesives and their applications in various end user industries is projected to boost demand for adhesives in India during 2016-2025.
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