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."