At present, China has become the world's largest producer and consumer of adhesives. In 2007, China adhesive and sealant production was 3 million 125 thousand tons (excluding three formaldehyde), compared with 2006 growth of 11.53%; sales of 42 billion 600 million yuan, a year-on-year increase of 25.3%. Sales growth is much higher than the growth of output, due to the rise in raw material factors. Expected in the next few years, China's adhesive market will continue to grow at an annual rate of more than 10%. The hot melt adhesive reaction, the annual growth rate of more than 12%.
In China adhesive market, the most common type of product oversupply situation has not changed, but some of the high performance and high quality adhesive and adhesive products increased demand, such as for electronic and electrical, precision instruments, automotive, aerospace and other industry products. The enforcement of the rapid growth of market demand and environmental protection and energy saving regulations in the future, some water-based, hot melt, biodegradable, light curing type, room temperature and low temperature curing type and solvent free and high solid content such as environmental protection and energy saving products, modification type and reaction type, multifunctional and other high-tech products there will be a big development, the growth rate will be higher than the general products.
In addition, the largest demand for adhesives will come from carpentry and construction, assembly and transport industry is the fastest growing areas of demand. With the increasing degree of specialization, the quality and level of China's adhesive products will be significantly improved, production will be more concentrated.
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