Mumbai, May 07: Euro Panel Products Limited (Eurobond), the only publicly listed Aluminium Composite Panel (ACP) brand in India, has announced the formal incorporation of a new majority-owned subsidiary, Euro Sealant Private Limited. The company diversifies from architectural panels to the sealants market through the launch of a professional-grade silicone sealant range designed for broad applications.
The India Sealants Market size was valued at 3,232 Crore in 2025 and is estimated to grow to 4,936 Crore by 2031, at a CAGR of 7.31% during the forecast period (2026–2031). Silicone held 46.20% of the India sealants market share in 2025 and is tracking the fastest 8.33% CAGR through 2031. Construction sealants represent a natural adjacency to Eurobond’s core façade materials business. The company formally notified the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of this completed transaction on April 29, 2026, in compliance with SEBI Regulation 30.
This expansion broadens Eurobond’s portfolio to include critical supplementary products that serve the entire construction industry. By launching Euro Sealant, the company provides builders, architects, and contractors with high-quality options, reducing the industry’s reliance on inconsistent third-party suppliers. Designed for multi-purpose applications, these professional-grade sealants guarantee robust performance across a wide range of building materials—including glass, metal, brick, and concrete—ultimately ensuring greater reliability for the lifespan of any installation.
Speaking on the expansion, Mr Divyam Rajesh Shah, Director at Euro Panel Products Ltd, said,
“The strongest structures are built at the seams. For 25 years, we’ve mastered the panel, and now we’re turning our attention to what holds it all together. Euro Sealant is Eurobond’s first step beyond our core, and it won’t be our last. We are growing our product portfolio, along with growing our responsibility to the industry that trusted us first. Sealants are something our customers already buy, our channel partners already sell, and our fabricators already apply — the ecosystem is already there, waiting. Ahead of us lies a market poised to reach ₹4,936 Crore by 2031, and we intend to lead it. “
Euro Sealant will be rolling out a range of professional-grade silicone sealants, built to meet the real demands of modern construction — whether it’s everyday sealing and waterproofing or heavy-duty structural bonding across a wide range of surfaces, including the bonding of glass to aluminium, composites, and a broad range of panel materials.
