China Will Become A Global Hot Melt Adhesive Production Base

Domestic hot melt adhesives account for 40% of global consumption by 2023

       Sinochem New Network News "China's market is vast, with great potential, coupled with raw materials, policies and other advantages, it is estimated that by 2023 domestic hot melt adhesive production will reach about 1.15 million tons, accounting for 40% of global consumption, China will become a global hot melt adhesive Production base." This is the China Chemical News reporter learned from the 2019 China Hot Melt Adhesive Professional Summit Forum held recently.

      Yang Hao, vice chairman and secretary-general of China Adhesives and Adhesive Tape Industry Association, said that the total output of hot melt adhesives in China reached 1,031,700 tons in 2018, an increase of 9.85% over 2017, far exceeding China's 6.6% GDP growth. It has become a veritable new material industry encouraged by national policies. China's economic toughness and market potential, hot melt adhesives in automated packaging, Internet express bags, disposable sanitary ware, automotive, construction and interior decoration, convenient packaging and other applications, in the replacement of solvent glue, etc. There is a faster development. In 2019, China's hot melt adhesives will still maintain a relatively high growth rate, with a growth rate of about 8% to 10%.

      According to Yang Lan, after 30 years of research and practice, China's hot melt adhesive industry has more than 20 product segments, and the market is fiercely competitive to promote continuous innovation. According to incomplete statistics, after September 30, 2001, China's hot melt adhesives and related invention patents were 2161, and the United States was 495. Relevant process control is improved, efficiency is improved, viscometer, tensile machine, oven, coating machine, etc. have been made in China, and rheometer and coating machine are standard.

      Wu Yongsheng, Technical Director of Foshan Nanbao Goldman Sachs High-tech Materials Co., Ltd. believes that China's hot-melt adhesive technology is generally in the world's advanced level, and various hot-melt adhesive materials such as SBS and SIS polyether polyols are domestically produced, and most of the hot melt adhesives are produced. The domestic supply of materials is sufficient and affordable. However, China's hot melt adhesive industry still faces problems such as lack of brand, backward internationalization, and lack of international talents in global competition. It is necessary to train performance, quality, cost and other internal strengths.

      According to Zhao Qingfang, director of the hot melt adhesive professional committee and general manager of Hangzhou Renhe Hot Melt Adhesive Co., Ltd., high-performance hot melt adhesive represents one of the trends in the development of hot melt adhesive products. In 2018, the sales volume of high-performance PUR reactive hot melt adhesives in China reached a staggering 40% compared with 2017. Therefore, domestic manufacturers should develop high-performance hot melt adhesives.

      Experts pointed out that the individualization and differentiation of products will become the key to establishing a firm foothold in the market. The diversified market demand continues to increase, and the emerging consumption in mainland China reflects the demand for higher grade and individual customization. The application field of hot melt adhesive products is continuously subdivided and expanded, and the variety of products is also increasing, which will also fall. The hot melt adhesive enterprises are moving towards the personalized development of products, which will force the structural adjustment, transformation and upgrading of the hot melt adhesive industry.

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