Adhesive resin (TIE) is an important chemical raw material. The high-end competitiveness of local enterprises needs to be improved.

Binder resin (TIE) refers to a precursor plastic compound composed of carboxylic acids. Adhesive resin has the characteristics of high bonding strength, good miscibility, good electrical insulation, good water resistance, and good durability. It can be used to produce non-polar materials and bonding polar materials, coatings, fillers, packaging materials, Adhesives, etc. are its main demand side.

There are many kinds of binder resins, mainly including phenolic resin, urea-formaldehyde resin, terpene resin, rosin resin, petroleum resin, polyurethane resin and alcohol-aldehyde resin. Urea-formaldehyde resin is the mainstream product in the adhesive resin market, accounting for nearly 80%. Urea-formaldehyde resin is in high demand in the adhesive field and can be used to bond man-made panels such as plywood, chipboard, fiberboard, and particleboard. As the demand for urea-formaldehyde resin applications increases, the prosperity of my country’s adhesive resin industry has further improved.

According to the “2023-2028 China Adhesive Resin (TIE) Industry Market In-depth Research and Development Prospects Forecast Report》shows that as an important chemical raw material, adhesive resin is widely used in coatings, fillers, packaging materials, adhesives and other fields. In the field of coatings, adhesive resins can improve the overall performance of coatings; in the field of packaging materials, adhesive resins can be used to encapsulate electronic components; in the field of adhesives, adhesive resins can be used to bond plates, metals, and paper and other materials. As the development of downstream industries accelerates, my country’s adhesive resin market space continues to expand.

Major players in the global adhesive resin market include Eastman Chemical Company (EMN) of the United States, Dow Chemical Company of the United States (DOW), BASF AG of Germany (BASF), WACKER International Group of Germany (WACKER), and Wu Corporation of Japan. KUREHA, Japan’s Mitsui Chemical, Japan’s Mitsubishi Group, France’s DRT, Britain’s Synthome, etc. Eastman is the world’s largest supplier of adhesive resins. Its main products include KRISTALEX F115 resin, Kristalex 3100 resin, etc.

In terms of the local market, my country’s adhesive resin industry has low concentration and lacks leading companies in the market. The main manufacturers of adhesive resins in my country include Real Madrid Technology, Haoshun Chemical, Boao Chemical, Shengquan New Materials, etc. Compared with overseas developed countries, my country’s adhesive resin industry started late and its technical level is relatively backward. Local companies focus on the production of mid-to-low-end products, while high-end demand relies on imports. This is the main challenge faced by the development of my country’s adhesive resin industry. challenge.

Industry analysts said that adhesive resin is an important chemical raw material with excellent performance and broad application prospects in many fields. . There are many types of adhesive resins, and urea-formaldehyde resin has the advantages of low production cost and good comprehensive performance, making it the mainstream product. In terms of market competition, overseas countries dominate the global market, and the high-end competitiveness of local enterprises still needs to be improved.