Shijiazhuang Asa Technology Co., Ltd. , https://www.hskinlift.com
According to statistics, China produced 3.79 million tons of cement in 2004, an increase of 13.1% over 2003, and sales of adhesives reached 29.2 billion yuan, an increase of 19.2% compared to last year.
In 2004, China imported 191,200 tons of adhesive products worth US$5.320 billion. Compared with 2004, they each increased by 7.48% and 30.64%. Mainly imported from the United States, Germany, Japan and Taiwan, mainly raw materials and related compounding agents, and special adhesives.
At the same time, in 2004, China also exported 101,000 tons of adhesive products to foreign countries worth US$171.913 billion. Compared with 2004, they each increased by 35.03% and 37.73%. Mainly exported to the United States, the European Union, Southeast Asia and the Middle East, the main products include adhesive raw materials, adhesives and pressure sensitive products.
Industry insiders believe that although China has made a lot of progress in the adhesive industry, there are still many problems affecting the further development of the adhesive industry, including rising prices of imported raw materials and compounding agents, lack of technological innovation, and slow development of new products. And regulations for market management are not perfect.
Industry insiders have also noticed that China's adhesive development will feature the rapid production of foreign investment, expand production scale, upgrade product quality, and eliminate companies with backward technologies and small scale.
The market demand for adhesives in China will be diversified, and people in the industry added that the demand for ordinary adhesives, high-performance, high-quality products and special adhesives will increase by 8%, 12% and 20% respectively.
Demand for Chinese Adhesive Market Will Grow in the Next Five Years
China Packaging Network Compilation: Xinhua Economic Information Service (CEIS) News - According to the China Adhesive Industry Association, China's adhesive market demand will grow at an average annual rate of 11% over the next five years. The association reported that the adhesive industry in China has bright prospects. In the next five years, the market demand for water-based adhesives will increase at an average annual rate of 12%, and hot-melt adhesives will increase at an average annual rate of 15%. Volatile adhesives 5 %, reactive adhesive 11%, pressure sensitive adhesive product 8%.