China's Adhesive Market Demands Diversification

The adhesives industry is considered to be one of the fastest growing industries in China's chemical industry. It is expected that the consumption of this product will continue to grow at a rate of 10% to 12% over the next 5-10 years. The market prospect is very broad.

At present, China's adhesive market demand presents a diversified development trend. The annual growth rate of general-purpose products is 8%, the annual growth rate of high-performance and high-quality products is 12%, and the demand for special products has a higher growth rate of more than 20%. Most of these require Imported from abroad. Experts suggest that adhesive manufacturers increase investment in science and technology and develop high-performance, high-quality new products to meet new market demands.

China is still unable to produce or the performance and quality of products cannot fully meet the requirements of the market. The main varieties that need to be imported from abroad are: super adhesive strength PSA and tape, and a re-sticky ball. Suspension acrylic adhesive pressure sensitive adhesive, modified PVAc emulsion, silicone PSA and adhesive tape, modified epoxy resin adhesive and so on.