The production of imported raw materials for the agent is relatively stable.

The adhesive downstream industry covers almost all major industries in the national economy and is a supporting body for various industrial types. In recent years, after technological transformation, product development, and the introduction of new technologies and devices, China's adhesive industry has made great progress. The scope of product application has also expanded to the fields of construction, automobiles, wood products, packaging products, and footwear.

Development status of adhesive industry in China

Since the reform and opening up, the adhesive industry in China has continued to develop rapidly, steadily and steadily with the development of society and economy. The adhesive production and sales have continued to grow at a rapid rate. At present, domestic adhesive products are mainly based on medium and low-grade adhesives. The production capacity of some adhesive products (such as general-purpose products) has exceeded the market demand, and the market competition is fierce. With new energy sources, electronic appliances, machinery, automobiles, aerospace, etc. With the development of the industry, the market demand for high-performance, high-quality adhesive products continues to expand. Internationally renowned chemical companies have strategically shifted their production facilities and technologies to mainland China, and have captured a large share of the domestic high-end adhesive market.

◆ Adhesive supply status

According to the statistics of the adhesives association, since 2004, the adhesive production in China has maintained a rapid growth of more than 8%, and the growth rate has gradually declined in the past two years. In 2016, the output of adhesives and sealants in China was 7,653,200 tons, an increase of 5.4% from the same period of last year. It is estimated that the production in 2017 will reach about 8,035.9 thousand tons.

◆ Adhesive Requirement Status

According to the statistics of China Adhesives and Adhesive Tape Industry Association, since 2008, China has become a net exporter from a net importer of adhesives. In 2016, the consumption of adhesives and sealants in China was 7.37 million tons, a year-on-year increase of 5%. 2010- The compound growth rate in 2016 was 8.45%. By 2017, preliminary estimates showed that the consumption of adhesives and sealants in China was 7.74 million tons.