HP Adhesives

What HP Adhesives does

HP Adhesives Limited is a publicly listed, Mumbai-headquartered specialty chemicals manufacturer founded in 1979 by the Motwani family, with a corporate lineage tracing through M/s. Hindustan Plastics and M/s. HP International before its December 2021 IPO. The company is positioned as the largest solvent cement manufacturer in India and among the top five globally, with 35+ years of category leadership in plumbing adhesives. It manufactures and sells solvent cements (PVC/CPVC/UPVC), silicone sealants, brushable and sprayable contact adhesives, PVA wood glues, epoxy putties and adhesives, spray paints, and FRP drainage solutions, organized under the master 'HP' brand and five sub-brands (Strong Weld, Strong Fix, StrongTite, Strong Seal, Strong Drain). The technology base is conventional specialty-chemical formulation supported by a 12,000+ tons/year manufacturing capacity, 300,000+ units/day packaging line, and international standards compliance (ASTM, DIN, BS, ISO, NSF, UPC) including a proprietary low-VOC solvent cement range meeting the SCAQMD-1178 standard.

HP Adhesives generates revenue primarily through B2B wholesale distribution, with a pan-India network of 750+ distributors across 23 states and 4 union territories serving 50,000+ dealers, complemented by direct field sales via Sales Executives posted in 24+ Indian cities, private-label and contract manufacturing, and export partnerships spanning 40+ countries across Asia, the Gulf, the United States, Africa, and Europe. Pricing is quote-based and not publicly disclosed, with premium specialty grades (e.g., Gold, Aqua, Heavy Duty) commanding price premiums over regular grades. The customer base is highly fragmented across at least five end-use verticals: plumbing and sanitation professionals, construction and building industry, automotive and furniture manufacturing, industrial and electrical maintenance, and municipal/infrastructure (FRP products), reducing single-account concentration risk. The company is family-controlled, with promoter shareholding at 71.35% as of March 2026.

Name

HP Adhesives

Legal name

HP Adhesives Limited

Website

https://hpadhesives.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

251–500 employees

Short description

HP Adhesives Limited is a publicly listed, Mumbai-based specialty chemicals manufacturer and India's largest solvent cement producer, selling adhesives, sealants, epoxy, spray paint, and FRP drainage products through 750+ distributors, 50,000+ dealers, and 40+ country export channels serving plumbing, construction, furniture, automotive, and infrastructure customers.

Ownership category

akta.pro rank

Product category

Specialty Adhesives and Sealants

NAICS

Adhesive Manufacturing (32552), Paint, Coating, and Adhesive Manufacturing (3255), Adhesive Manufacturing (325520)

SIC

Adhesives & Sealants (2891)

akta.pro primary industry

Adhesives (Structural & Assembly) (IMAEAGAH)

akta.pro secondary industry

Construction Adhesives (Structural & Non-Structural) (IMADAOAA)

Keywords

• Solvent cement manufacturing
• Silicone sealants production
• Contact adhesives supply
• Epoxy putty adhesives
• Specialty construction chemicals

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Chemical Product Sales (Domestic): Primary revenue from sale of manufactured solvent cements, sealants, contact adhesives, PVA glues, epoxy systems, spray paints, and plumbing accessories via 750+ distributors and 50,000+ dealers across India. FY26 revenue ₹24,927.52 lakh.
2. International / Export Sales: Export revenue from sales in over 40 countries across Asia, Gulf, United States, Africa, and Europe via international partnerships.
3. Private Label / Contract Manufacturing: Manufacturing of products under private branding for third parties, leveraging the 12,000+ tons/year capacity and ability to respond quickly to changing trends.
4. FRP Drainage & Infrastructure Products: Sale of Fiberglass Reinforced Plastic (FRP) manhole covers, water gully covers, water tank covers, and gratings tested as per BSEN 124, IS 1726 & AASHTO M306 standards.
5. Spray Paint Product Line: Sale of multi-purpose fast-drying spray paints in Standard Grade and Special Grade (metallic) variants for renovation, automotive, industrial, and DIY applications, with extensive shade range including customized shades.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

HP Adhesives manufactures and sells specialty chemical adhesives and sealants — including solvent cements, silicone sealants, contact adhesives, PVA/white glues, epoxy putties and adhesives, spray paints, FRP drainage products, and plumbing accessories. Products are sold in India through 750+ distributors and 50,000+ dealers and exported to over 40 countries, with private-label/contract manufacturing offered to third parties leveraging 12,000+ tons/year capacity.

Differentiator

Problem solved

Functional benefit

Brands

• HP: Primary brand for PVC, CPVC and UPVC solvent cements and pipe-related plumbing accessories (ball valves, PTFE tapes, lubricants, primers, cleaners). Includes the flagship HP 901 PVC Solvent Cement and other HP-numbered products.
• Strong Weld
• Strong Seal
• Strong Fix
• StrongTite
• Strong Drain

Products and services

• Solvent Cement (HP and Strong Weld brands) Solvent cements for welding PVC, CPVC, and UPVC thermoplastic piping used in plumbing, potable water, SWR, DWV, and pressure pipe applications. Includes HP 901 Regular Duty Clear and the Strong Weld range of specialty cements (regular, medium, heavy duty, hot weld) tested to ASTM-D2564 and ASTM F493 standards. Sold to plumbers, contractors, and pipe fitters through distributors and dealers.
• Silicone Sealants (Strong Seal brand) Silicone sealants for watertight and airtight sealing between surfaces, including Strong Seal 3600 Gold, 3400 Silver, 3200 Bronze, 3700 Fast, Glass & Aquarium, 7400 Neutral, 7890 Weather Sealant, and Acrylic Sealant. Used by construction, industrial, and electrical maintenance customers for weatherproofing and sealing applications operating between -26°C and 200°C with UV resistance.
• Contact Adhesives (Strong Fix brand) Brushable and sprayable contact adhesives used in furniture manufacturing, automotive interiors, construction, footwear and leather goods, and electronics. Includes heat-resistant (SF-HEAT-O-PRO), high green-strength, and benzene-free formulations for worker safety in upholstery, foam-to-foam, rexine-to-wood, and vertical lamination applications.
• White Glue / PVA (Strong Fix and HP brands) PVA-based wood glues with strong bonding properties for woodworking projects, bonding hardwoods, softwoods, and wood composites. Includes Strong Fix Gold, Strong-Fix Power, Strong-Fix Aqua, HP Silver, and HP Quik R3 variants for construction, woodworking, and DIY use.
• Epoxy Putty (StrongTite brand) Two-part (resin and hardener) epoxy putty mixed 1:1 by volume or weight, used for repair and maintenance. The StrongTite GP line includes General Purpose Epoxy Putty, Sanitary Epoxy Putty, and Fast Epoxy Putty variants for industrial, electrical, plumbing, and DIY repair.
• Epoxy Adhesive (StrongTite brand) Two-part epoxy adhesive for high-strength bonding applications in construction, industrial, and repair use. Sold under the StrongTite sub-brand as a complement to the epoxy putty range.
• Spray Paint (HP brand) Multi-purpose fast-drying spray paints available in Standard Grade and Special Grade (metallic) variants for renovation, automotive touch-ups, industrial, art and craft, and DIY applications. Extensive shade range including customized shades, marketed to both professional and retail consumers.
• FRP Drainage Products (Strong Drain brand) Fiberglass Reinforced Plastic (FRP) drainage and infrastructure products including FRP Manhole Covers, FRP Water Gully Covers, FRP Water Tank Covers, and FRP Gratings, tested to BSEN 124, IS 1726, and AASHTO M306 standards. Sold to municipal corporations, infrastructure contractors, and industrial facilities for corrosion-resistant drainage and load-bearing applications.
• Plumbing Accessories Plumbing accessories used in pipe joining and plumbing installations, including ball valves, PTFE tapes (subject to density testing), lubricants, primers, and cleaners. Bundled with solvent cements to provide a single-source solution for plumbing professionals.

Quantifiable outcome

• Pan-India distribution to 750+ distributors and 50,000+ dealers across 23 states and 4 union territories
• +4 more outcomes

Segments7 records

Ideal customer profiles5 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core — registrar & shareholder services, major — enables presence in 40+ countries, core — utilizes 12,000+ ton/year capacity and core — drives innovation pipeline.

• Bigshare Services Pvt. Ltd.core — registrar & shareholder servicesImplementation/ SI/ Consulting PartnerBigshare Services Pvt. Ltd. serves as HP Adhesives' Registrar and Share Transfer Agent, handling share registry, investor complaints, and share transfer activities. Office located at 6th Floor, Pinnacle Business Park, Andheri East, Mumbai.
• International Distribution Partners (Asia, Gulf, USA, Africa, Europe)major — enables presence in 40+ countriesChannel Partner/ Reseller/ DistributorHP Adhesives has established a presence in over 40 countries by leveraging partnerships with various companies across Asia, the Gulf, the United States, Africa, and Europe to bring its products to a global stage. These partners contribute to the international distribution of the HP, Strong Weld, Strong Fix, StrongTite and Strong Seal brands.
• Private Label / Contract Manufacturing Customerscore — utilizes 12,000+ ton/year capacityOEM/ Whitelabel/ Licensing PartnerHP Adhesives manufactures a wide range of products under private branding for third parties. The company leverages its 12,000+ tons/year manufacturing capacity and global standards compliance (ASTM, DIN, BS, ISO) to offer white-label and contract manufacturing services to clients worldwide.
• Global R&D Experts / International R&D Partnerscore — drives innovation pipelineStrategic or Co-development PartnerHP Adhesives' research and development team is comprised of experts from around the world, providing access to the latest technologies and processes. The international R&D composition is highlighted as central to the company's ability to launch 25+ unique products.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Mapei Group: Italian global leader in construction chemicals including adhesives, sealants and waterproofing. Direct overlap with HP in construction-grade sealants and contact adhesives, particularly in export markets and infrastructure projects.
• 3M: Diversified multinational with a sizeable adhesives and sealants business (including spray adhesives and specialty bonding). Overlaps with HP in industrial spray adhesives, sealants and DIY categories, and competes for technical/specification-driven customers.
• H.B. Fuller: US-based global industrial adhesives and sealants manufacturer. Comparable in industrial and construction adhesive formulations and competes with HP in the export and contract-manufacturing segments where private-label supply matters.
• Sika AG: Global Swiss specialty chemicals leader with a strong sealants, bonding and waterproofing portfolio. Overlaps with HP in silicone sealants, construction adhesives and industrial bonding, and competes with HP in export markets where Sika has premium positioning.
• Henkel AG: Global leader in adhesives (Loctite, Pattex, Pritt) with significant Indian presence. Overlaps with HP across contact adhesives, PVA and sealants and competes for OEM/private-label manufacturing, but operates at vastly larger scale and global brand power.
• Bostik (Arkema Group): Global adhesives and sealants business within Arkema, covering construction, industrial and DIY segments. Directly comparable technology (solvent cements, contact adhesives, sealants) and competes with HP in OEM/private-label and export channels.

Direct peers

• Astral Limited: Indian manufacturer of adhesives, sealants, and construction chemicals with strong plumbing/PVC channel overlap. Comparable product mix (solvent cements, silicone sealants, construction chemicals) and similar pan-India distribution, but Astral is materially larger and more diversified into pipes and bathware.
• Pidilite Industries: India's largest and most iconic adhesives and sealants manufacturer (Fevicol, Fevikwik, Dr. Fixit, M-Seal) and HP Adhesives' primary domestic competitor. Directly comparable in solvent cements, PVA, silicone sealants, and epoxy putties, though Pidilite is significantly larger, more diversified and more brand-led.

Regional players

• CICO Group: Indian specialty chemicals and construction chemicals company with adhesives and sealants offerings. Comparable product range but historically more focused on institutional/infrastructure projects, providing partial competitive overlap in India.

Emerging players

• Super Bond Adhesives: Indian manufacturer of adhesives, sealants and construction chemicals with a comparable product portfolio (silicone, PVA, epoxy, construction adhesives). Smaller than HP, with narrower distribution, but a direct domestic competitor in mid-tier construction and industrial segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HPADHESIVESPVTLTD
• LinkedInlinkedin.com/company/h-p--international-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HP Adhesives