![]() Financial Daily from THE HINDU group of publications Wednesday, May 11, 2005 |
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Industry & Economy
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Events Adhesive & sealants players plan 3-day expo in Mumbai Our Bureau
Bangalore , May 10 A THREE-day international exhibition-cum-seminar will be held in Mumbai from May 27 to bring the leading adhesive and sealant industry players under the platform India International Adhesives and Sealants Expo'05 (IIASE). The meet is to be held at the Nehru Centre. Adhesives and sealants is a 20-million-tonne global industry with a sales value of over $20 billion. Of this, the sealant industry contributes only $3.5 billion. Globally, only a handful of companies hold a very large market share. These leading companies are Henkel, Avery Dennison, H.B. Fuller, 3M, Bostik-Findley, National Starch, Sika and UPM-Kymmene, all with sales of over $1 billion. IIASE'05 will showcase latest products and services, provide opportunities to meet and explore new areas amongst the industry players. Major sponsors of IIASE are Henkel, Nordson and Tyco Adhesives. Among the leading participants in the meet are Pidilite, 3M India, Huntsman, National Starch, Bostik Findley, Sika, Industrial Adhesives, Anabond, Seagull Industries, Metlok, Twin Engineers, Graco, Cross Engineers, Kremlin, Tufflok Fasteners, Three Bond India. Projections for 2003-2006 show that while the industrialised markets will continue to grow moderately at or near GDP, many of the emerging markets, including India, will grow at 4-7 per cent a year.
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