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Development trends of adhesives

Column:Industry news

    Generally speaking, adhesives (also known as adhesives) are a type of natural or synthetic, organic or inorganic substance that can connect two or more components or materials together through interface adhesion and cohesion.

    According to relevant data, China has now become the world's largest adhesive market;

    In 2014, the global consumption of rubber products exceeded 19 million tons, with a value of approximately 29.5 billion US dollars;

    The consumption of rubber products in China ranks first in the world, accounting for about 30% of the global consumption of rubber products. It is expected that the compound annual growth rate will reach about 8% in the future.

    During the 13th Five Year Plan period, it is predicted that China's adhesive production is expected to reach an annual average growth rate of about 8%;

    By the end of 2020, the total production of adhesives in China will reach about 10000 tons, with a sales revenue of approximately 130 million yuan.

------Extracted from public information, content for reference only