Market demand for adhesives grows 11% annually

In 2004, China's adhesive production reached 3.79 million tons, an increase of 313.1%, sales of 29.2 billion yuan, and product quality is also rising. The adhesive's end use will continue to be closely linked to users of packaging and non-durable consumer products. They account for about 75% of the total amount of adhesives. The production and manufacture of corrugated cardboard boxes will remain the largest single application area for adhesives in the world. Starch-based products, due to their low cost and appropriate properties, will Dominance. Hot melt adhesives based on ethylene-vinyl acetate copolymers and styrene block copolymers, especially pressure sensitive tapes and labels, are gaining new uses in the packaging industry.

According to the prediction of the adhesive market demand from 2005 to 2010, the average annual growth rate is 11%. Among them, waterborne adhesives grew by 12%, hot melt adhesives increased by 15%, and environmental protection and energy-saving products accelerated development.

Source of information: pack.cn

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