The upstream and downstream of the industrial chain continue to benefit, driving the prosperity of the epoxy resin adhesive industry to continue to improve.
Epoxy resin adhesive is a type of engineering adhesive formulated from epoxy resin base material, curing agent, diluent, accelerator and filler. Epoxy resin adhesives have the advantages of low production cost, good bonding performance, high/low temperature resistance, strong environmental adaptability, and green environmental protection. They are widely used in aerospace, automobile manufacturing, shipbuilding, electronic and electrical, construction engineering and other fields.
The upstream of the epoxy resin adhesive industry chain supplies raw materials, with epoxy resin as its core raw material. Epoxy resin is a thermosetting resin with the advantages of good chemical stability, good toughness, and good mechanical properties. It is widely used in coatings, adhesives, electronic materials and other fields. my country is a major producer of epoxy resin, and its production capacity maintains a growth trend. In 2022, my country’s epoxy resin production capacity will reach 3.15 million tons, a year-on-year increase of 17.6%. The advantages of raw materials have laid a good foundation for the development of my country’s epoxy resin adhesive industry.
The midstream of the epoxy resin adhesive industry chain is product manufacturing, and its types are extremely rich. According to different strengths, epoxy resin adhesives can be divided into secondary stress structural adhesives, non-structural adhesives and structural adhesives; according to different curing conditions, they can be divided into light-curing adhesives, heat-curing adhesives, cold-curing adhesives, water-curing adhesives, etc.; according to Different forms can be divided into epoxy adhesive films, water-based adhesives, solvent-free adhesives and paste adhesives, etc.; according to different uses, they can be divided into special adhesives, general-purpose adhesives, etc.
According to the “2023-2028 China Epoxy Resin Adhesive Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , The downstream of the epoxy resin adhesive industry chain is application fields, including aerospace, automobile manufacturing, shipbuilding, electronics and electrical, construction engineering, etc. Electronic epoxy resin adhesives have the advantages of impact resistance, good electrical insulation, and heat resistance, and can be used for packaging circuit boards and electronic components. In recent years, as the country’s emphasis on the development of the semiconductor industry continues to increase, my country’s electronic epoxy resin adhesive market The space keeps expanding. In the future, with the gradual release of market demand, the prosperity of my country’s epoxy resin adhesive industry will further improve.
There are many epoxy resin adhesive manufacturers in my country, and the market competition is fierce. Kangda New Materials, Adisseo, Huitian New Materials, Shouxing Industrial, Debang Technology, etc. are the main manufacturers of epoxy resin adhesives in my country. Kangda New Materials is my country’s leading adhesive enterprise and has established multiple epoxy resin adhesive production bases in Shanghai, Tianjin, Hebei, Fujian and other places.
Industry analysts said that epoxy resin adhesives have a wide range of uses and the industry has good development prospects. With in-depth research and technological advancement, the types of epoxy resin adhesives have become increasingly diverse, and their application scope has been further expanded. Benefiting from the sufficient supply of raw materials and increasingly strong downstream demand, the development of my country’s epoxy resin adhesive industry has accelerated. It is expected that companies with high-performance epoxy resin adhesive production capabilities will occupy a larger share of my country’s market in the future.