Analysis of China’s silicone adhesive application market and key companies in 2022
Adhesive is a natural or synthetic, organic or inorganic substance that can connect two or more parts or materials together through interface adhesion and cohesion. Adhesives can be divided into thermosetting, hot-melt, room temperature curing, pressure-sensitive, etc. according to application methods; according to chemical composition, they can be divided into silicone adhesives, polyurethane adhesives, epoxy resin adhesives, and acrylic adhesives. Adhesives, synthetic rubber adhesives, etc. Silicone adhesive refers to a type of adhesive that uses silicone resin or silicone rubber elastomer as the basic film-forming substance. According to its molecular structure, it can be divided into two categories: silicone resin adhesive and silicone rubber adhesive.
The “2022-2027 China Silicone Adhesive Industry Market In-depth Research and Development Prospects Forecast Report compiled by the Industrial Research Center shows that, Silicone adhesives perform well in bonding plastics and metals, and have excellent resistance to high and low temperatures, atmospheric aging, and radiation resistance. However, they have poor liquid resistance and low bonding strength. They can be used in automobiles, aerospace, electronics, construction and medical fields. In automobiles, silicone adhesives can be used in products such as automotive electronic components. In the electronics field, silicone adhesives can be used as potting adhesives for bonding, sealing, potting and coating protection of electronic components. In terms of construction, silicone adhesives can be used in curtain walls; between door and window frames and walls; in the sealing of underground tunnel concrete panels butt joints with streets, etc. In addition, silicone adhesives can also be used for bonding and sealing photovoltaic modules. Silicone adhesives are widely used downstream, and the products have green and environmentally friendly attributes. Although the price is higher than epoxy resin adhesives, the market still has large room for development due to its excellent production capacity and performance. In the construction field, as the penetration rate of prefabricated buildings increases, the demand for silicone adhesives is expected to maintain growth. In addition, the continued rapid growth of new energy vehicles, electronics, photovoltaics and other industries has also driven the demand for silicone adhesives.
At present, the main domestic manufacturers of silicone adhesive products mainly include Silicon Bao Technology, Huitian New Materials, Jitai Co., Ltd., etc. Silicon Bao Technology is a key domestic silicone material enterprise. It has 9 wholly-owned subsidiaries, 4 branches, 6 major production bases across the country, and 4 high-tech enterprises. The production capacity of silicone sealant is 200,000 tons/ years, mainly used in construction, automobiles, power batteries, photovoltaics and other fields. Among them, construction glue can be used in building curtain walls, insulating glass, energy-saving doors and windows, prefabricated buildings, etc.
Huitian New Materials is a high-tech enterprise group specializing in the research, development and production of adhesives and new materials. Its products cover organic silicone, polyurethane glue, etc. As of the first half of 2022, the company’s organic silicone production capacity will be approximately 130,000 tons, polyurethane glue’s annual production capacity will be approximately 35,000 tons, and other glue’s annual production capacity will be approximately 10,000 tons.
Guangzhou Jitai Chemical Co., Ltd. is a national high-tech enterprise that mainly develops, produces and sells environmentally friendly sealants and coatings. Its products include construction sealants, home decoration glues, electronic glues, automobile and ship glues, solar photovoltaic glues, etc. . As of the end of 2021, the company’s designed annual production capacity of silicone sealants is 68,600 tons, with a production capacity under construction of 110,000 tons.