Star Adhesives Limited (Bangladesh)

Star Adhesives Limited is a modern adhesives manufacturer located in Dhaka, Bangladesh. The company aims to expand its market not only in Bangladesh but also worldwide, with a focus on exporting adhesive to the seven sisters of Indian Territory. Meeting domestic demand is a key mission for the company, as it strives for Bangladesh to become self-sufficient in adhesive manufacturing. Star Adhesives Limited is continuously growing its market share to achieve remarkable revenue growth above the industry average, with the goal of becoming one of the top three adhesive companies in Bangladesh. The company's operation is expected to significantly accelerate in the future with capital elevation. The main products of Star Adhesives Limited include FEVICOL, Mr. FIXIT, FEVIKWIK, STAR BOND, and GUM KING. Adhesives play a crucial role in various industries in Bangladesh, such as board, door, leather, footwear, plastic, household, and paint industries. The adhesive industry has significant potential for economic return and social benefits, with opportunities for vertical and horizontal expansion. It is a small capital-intensive sector with low labor costs in the country. While the adhesive industry holds an important position in the manufacturing sector in terms of output, value addition, employment generation, poverty alleviation, and income generation, it has not yet reached its true potential in the Bangladesh economy. The average growth rate of the adhesive industry in Bangladesh is 30%. Common manufacturing items in this industry include rubber adhesive, resin adhesive, PUR adhesives, distemper adhesive, solvent cement, hot melt glue, super glue, silicone, wood preservative, NC thinner, and spray paint.