The market penetration rate of polyamide hot melt adhesive is low, and the industry has huge room for development.
Polyamide hot melt adhesive, also known as dimer acid polyamide hot melt adhesive, nylon hot melt adhesive, and PA hot melt adhesive, is a chemical substance formed by the high-temperature condensation reaction of dimer acid and polyamine. Polyamide hot melt adhesive has a yellow granular appearance, no special odor, high temperature resistance, oil resistance, corrosion resistance, high viscosity, and flame retardancy. It is widely used in electronic and electrical, engineering plastics, textiles, ceramics, metals and other fields.
Polyamide hot melt adhesive usually uses polyamide resin as the base. Polyamide resin, also known as nylon resin, has the characteristics of good water absorption, good softness, resistance to enzymatic bacteria, wear resistance, and strong bonding force. It is widely used in hot melt adhesives, inks, surface coatings and other fields. In 2021, my country’s polyamide resin output reached 4.513 million tons, a year-on-year increase of 5.2%. Although the output of polyamide resin continues to grow, it is still unable to meet market demand, resulting in high dependence on imported products. According to the “2023-2028 China Polyamide Hot Melt Adhesive Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center It shows that due to factors such as insufficient supply of raw materials, sales of polyamide hot melt adhesives in my country have maintained a slight growth trend for a long time, accounting for less than 10% of the total sales of hot melt adhesives.
There are many types of hot melt adhesives. According to different materials, they can be divided into two categories: polyamide hot melt adhesive and EVA hot melt adhesive. EVA hot melt adhesive is the mainstream product in the hot melt adhesive market, accounting for 45%. Compared with EVA hot melt adhesive, polyamide hot melt adhesive has a high melting point, high cohesive strength and high thermal stability, and can bond various materials. However, polyamide resin is prone to cross-linking and chain scission during the thermal oxidation process, leading to material modification. Therefore, its applications are rare and its market penetration rate is low.
The main application areas of polyamide hot melt adhesive include electronics and electrical, engineering plastics, textiles, ceramics, automobiles, shoes, etc. In the electronic and electrical field, polyamide hot melt adhesive is mainly used for electronic product packaging; in the automotive field, polyamide hot melt adhesive can be used as automotive industrial adhesive to produce automotive ceilings, heat insulation pads, automotive wiring harnesses, headlights, and driving consoles. Instrument panels and other products. Driven by downstream demand, the global polyamide hot melt adhesive market continues to expand, reaching US$420 million in 2021.
The major global manufacturers of polyamide hot melt adhesive include 3M Company of the United States, H.B. Fuller Company of the United States, Bostik of France, Henkel Company of Germany, etc. Hangzhou Foster Applied Materials, Shanghai Cathay Biotech, and Shanghai Tianyang Hot Melt Adhesive Materials are the major players in my country’s polyamide hot melt adhesive market.
Industry analysts said that at present, the global polyamide hot melt adhesive market is dominated by overseas developed countries, and Chinese companies lack competitive advantages and discourse. right. Compared with EVA hot melt adhesive, my country’s polyamide hot melt adhesive market penetration rate is lower. It is expected that in the future, with the continuous breakthroughs in production technology and increasingly strong market demand, the development speed of my country’s polyamide hot melt adhesive industry will further accelerate.