Eurobond Enters Sealants Market With New Subsidiary
ECONOMY & POLICY

Eurobond Enters Sealants Market With New Subsidiary

"Euro Panel Products, known as Eurobond, has incorporated Euro Sealant Private as a majority-owned subsidiary, marking its diversification from aluminium composite panels into the sealants market. The company said Euro Sealant will offer professional-grade silicone sealants for applications across glass, metal, brick, concrete, aluminium, composites and panel materials. The products are designed for sealing, waterproofing and structural bonding in modern construction. The India sealants market was valued at Rs 32.32 billion in 2025 and is projected to reach Rs 49.36 billion by 2031, growing at a CAGR of 7.31 per cent. Silicone accounted for 46.20 per cent of the market in 2025 and is expected to grow at 8.33 per cent CAGR through 2031. Eurobond said the expansion will help builders, architects and contractors access reliable supplementary products while reducing dependence on inconsistent third-party suppliers. The company notified the NSE and BSE about the completed transaction on 29 April 2026 under SEBI Regulation 30. Divyam Rajesh Shah, Director, Euro Panel Products, said the move marks Eurobond’s first step beyond its core business and aligns with an ecosystem where customers, channel partners and fabricators already use sealants."

Euro Panel Products, known as Eurobond, has incorporated Euro Sealant Private as a majority-owned subsidiary, marking its diversification from aluminium composite panels into the sealants market. The company said Euro Sealant will offer professional-grade silicone sealants for applications across glass, metal, brick, concrete, aluminium, composites and panel materials. The products are designed for sealing, waterproofing and structural bonding in modern construction. The India sealants market was valued at Rs 32.32 billion in 2025 and is projected to reach Rs 49.36 billion by 2031, growing at a CAGR of 7.31 per cent. Silicone accounted for 46.20 per cent of the market in 2025 and is expected to grow at 8.33 per cent CAGR through 2031. Eurobond said the expansion will help builders, architects and contractors access reliable supplementary products while reducing dependence on inconsistent third-party suppliers. The company notified the NSE and BSE about the completed transaction on 29 April 2026 under SEBI Regulation 30. Divyam Rajesh Shah, Director, Euro Panel Products, said the move marks Eurobond’s first step beyond its core business and aligns with an ecosystem where customers, channel partners and fabricators already use sealants.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement