Editorial March-2018 Several Industry Events and Exhibitions Coming Up
12 Mar 2018
As we embark on another month of exciting events in the industry, we would like to mention about one of the most important events for the community. The Paints India exhibition will be held in the first week of March in Mumbai and it will be a huge opportunity for the members of the industry to learn about the latest developments and products available across the globe. The Paints India Exhibition is frequented by global players and is a platform for members to be a part of the global paints industry. The only large scale forum will have more than 400 exhibitors from India and overseas exhibiting their products. It will also be a great networking opportunity for individuals in the business. The exhibition has had a significant impact on the industry in the past years and is considered as a single major event for paints, coating and pigmentation industry.
In this issue, we provide you with a detailed report on adhesives and sealants. The industry is growing significantly and has seen high demand globally. With increased applications across different sectors, the demand for adhesives and sealants is growing by leaps and bounds. There is an increasing demand of adhesives in pressure sensitive applications, construction, furniture, packaging and automotive applications which will fuel industry growth. The biggest challenge for the industry is the increasing regulatory intervention from environmental bodies along with the federal agencies. It has prompted research and development initiatives to develop bio based adhesives in order to meet the consumer preferences.
Further, we have also covered specialty chemicals global market in this issue. The specialty chemical industry is set to grow at an exponential rate in the coming year. Owing to factors like new end use applications and a rise in innovation, the industry has seen a demand for safe chemicals. India’s specialty chemical industry is valued at $25 billion and has shown 13% growth in the last five years mainly led by domestic consumption. India’s market constitutes 3% of the global specialty chemical market and has a potential to grow to 7% by 2023 with the market size reaching a range of $100 billion. The industry has been dominated by mergers and acquisitions in the recent past. This has led to a few major players having a significant hold on the industry.
We believe you are aware of the inventory sharing platform where we allow you to list the products on the platform and connect with members in the industry. This is a simple way of allowing the traders, manufacturers and distributers to connect with one another and fulfill the orders. With the Inventory Sharing Platform, we aim to connect likeminded individuals and fulfill their orders in a quick and convenient manner. Our aim is to make business convenient and easier for every member in the community. We constantly strive to bring you the latest news and information from the industry and try to serve you better with each issue. Let us join hands and grow together.
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