Shenzhen Adhesive Manufacturers,Analysis of Future Development Trends in the Adhesive Industry
The adhesive industry, as a material that can bond two originally separated objects together, plays an important role in various fields. Compared to other connection methods, adhesives have the advantages of light weight, uniform stress distribution at the connection site, high strength, and fatigue resistance. They are widely used in many fields such as clothing, stone bonding, mechanical manufacturing, process manufacturing, automotive industry, industrial manufacturing, electronic appliances, etc. In recent years, the adhesive industry in China has shown a sustained and rapid development trend, with total production increasing from 3.57 million tons in 2008 to 6.112 million tons in 2013, with an average annual growth rate of 14.24%; The total sales increased from 48.5 billion yuan in 2008 to 77.57 billion yuan in 2013, with an average annual growth rate of 11.99%. Although overall data shows that the industry is developing well, the Chinese adhesive industry still faces some bottlenecks.
The development bottleneck of the adhesive industry mainly stems from two aspects:
On the one hand, the overall concentration of the industry is relatively low, with numerous and widely distributed small and medium-sized enterprises. These enterprises mainly produce ordinary adhesive products with lower technological levels, resulting in lower product profit margins; On the other hand, international chemical giants have established joint ventures or production bases in China with their strong research and development capabilities and brand advantages, reducing production costs and gaining significant competitive advantages. However, as the application of adhesives in emerging fields such as automobiles, new energy, and electronic appliances continues to mature, domestic adhesive companies will inevitably move towards a path of large-scale and intensive development.
Shenzhen Adhesive Manufacturers,Analysis of Future Development Trends in the Adhesive Industry
In the future, domestic adhesive companies will develop towards the following direction: firstly, product environmental protection. With the increasing improvement of environmental regulations and people’s awareness of environmental protection, environmentally friendly adhesives will gradually become the mainstream products of synthetic adhesives. Next is product refinement. Enterprises need to continuously launch finely segmented products to meet the personalized needs of different customers and products, establish a rapid response mechanism, and gain sustained competitive advantages. Furthermore, there is cross-border competition. As domestic enterprises gradually acquire independent intellectual property rights, they gain competitive advantages in some fields and change the industry’s competitive landscape. In addition, production standardization and technological advancement are also the main directions for future development.
Shenzhen adhesive manufacturers, the competition in the adhesive industry is a long-term virtuous cycle. Only enterprises with production technology, production scale, and product structure advantages can occupy a dominant position in future industry integration, continuously expand business scale and market share
Rate. With the continuous development of the industry, we believe that the Chinese adhesive industry will usher in a more prosperous future.
