The sales volume of hot melt pressure-sensitive adhesives in my country is gradually increasing, but the market competition pattern has not yet stabilized.

Hot melt pressure-sensitive adhesive, abbreviated as HMPSA in English, is one of the subdivided products of pressure-sensitive adhesive. It is mainly a new type of adhesive tape made of thermoplastic polymer as the main raw material and heated on a substrate such as cloth or film. . Hot-melt pressure-sensitive adhesive can bond quickly in the molten state and can be peeled off easily after cooling, thus preventing contamination of the surface of the adherend. With the continuous advancement of production technology, the types of hot-melt pressure-sensitive adhesives are becoming increasingly abundant. According to different raw materials, they can be roughly divided into acrylic hot-melt pressure-sensitive adhesives, silicone-type hot-melt pressure-sensitive adhesives, and thermoplastic elastomer-type hot-melt pressure-sensitive adhesives. Glue, amorphous polyolefin hot melt pressure-sensitive adhesive, etc.

At present, my country has formed a very complete hot melt pressure-sensitive adhesive industry chain. The upstream of the industrial chain is mainly the raw material industry, responsible for synthetic rubber, tackifiers, rubber oil, antioxidants and other raw materials; the midstream is mainly the hot-melt pressure-sensitive adhesive production industry, responsible for the production and manufacturing of different types of hot-melt pressure-sensitive adhesive; the downstream Mainly oriented to application fields, it is mostly used in adhesives, sanitary products, packaging, fiber processing, waterproof materials, label printing, construction, home decoration, electronic products, transportation, consumer retail and other fields.

According to the “China Hot Melt Pressure Sensitive Adhesive (HMPSA) Industry Market In-depth Research and Development Prospects Forecast Report 2023-2027” released by the Industrial Research Center shows that in recent years, my country’s economic level has gradually improved, the express logistics industry has continued to develop, and the express business volume has continued to increase. As an important material for anti-collision and easy transportation, packaging has relatively stable market demand. However, due to the impact of the epidemic, the packaging market has shown a shrinking trend, causing the operating income of my country’s packaging industry to gradually decline. According to data released by the China Packaging Federation, in 2022, the cumulative operating income of enterprises above designated size in my country’s packaging industry was 1.2293 billion yuan, a year-on-year decrease of 0.7%. Hot melt pressure-sensitive adhesive is the upstream of the packaging industry, and its market has been affected to a certain extent. At this stage, with the continuous progress of science and technology in our country, the functions of hot melt pressure-sensitive adhesive are becoming increasingly rich, the application fields are gradually broadened, and the market demand is gradually growing. Against this background, sales of hot-melt pressure-sensitive adhesives in my country have gradually increased. In 2022, my country’s hot melt pressure-sensitive adhesive sales volume will be 530,900 tons, a year-on-year increase of 12.8%.

Industry analysts said that at present, there are a large number of hot-melt pressure-sensitive adhesive companies in my country, the market concentration is relatively low, and it has not yet formed Stable competitive landscape. Foreign hot-melt pressure-sensitive adhesive companies mainly include Henkel, Michael, etc.; my country’s larger-scale hot-melt pressure-sensitive adhesive companies mainly include Jiahao hot-melt adhesive, new polypropylene materials, etc. In the early days, my country’s hot melt pressure-sensitive adhesive production technology level was low and product quality was relatively poor. Foreign companies occupied most of the market share. With the gradual rise of hot melt pressure-sensitive adhesive companies in my country, the gradual improvement of production technology, and the continuous improvement of independent research and development capabilities, its market concentration is expected to be further improved.