Affected by the downstream market, the scale of my country’s water-based printing glue market has gradually declined.

Water-based printing glue is a slurry made by mixing polyurethane emulsion, polyacrylate emulsion, etc. as water-based resin fixatives and additives. Water-based printing glue can be mixed with pigments to form printing preparation paste, which is applied to the surface of the fabric through screen printing. After drying or baking, a layer of pigment-wrapped film is formed to cover the fabric fibers, thereby achieving the purpose of printing and coloring. . With the gradual advancement of production technology, the types of water-based printing glue are becoming increasingly abundant, which can be roughly divided into functional printing glue, general-purpose white glue, digital glue, general-purpose transparent glue, etc.

Compared with traditional printing materials such as printing water slurry and printing dyes, water-based printing glue has the advantages of aging resistance, washing resistance, good adhesion, and clear film formation, and has no special requirements for the color and material of the fabric. In addition, the production process of water-based printing glue is relatively simple, the production cost is lower, no waste water is produced during the production process, and it is more environmentally friendly. Therefore, water-based printing glue has gradually become a mainstream product in the industry.

In the 1970s, water-based printing glue was developed by Japanese companies, but it was not until the 1990s that water-based printing glue was introduced into the country. As Chinese enterprises continue to carry out research and development, the update and iteration of water-based printing glue products is accelerating. The gap between domestic glue and foreign glue is gradually narrowing, and the performance of some products has even exceeded that of similar foreign products.

From the perspective of application fields, water-based printing glue is mainly used in the clothing field. Among them, knitted clothing has become the largest application area of ​​water-based printing glue, accounting for 88.4%; followed by woven clothing, accounting for 5.2%.

According to the “2023-2028 China Water-based Printing Glue Industry Market In-depth Research and Development Prospects Forecast Report” released by the Industrial Research Center , water-based printing glue, as an important raw material for clothing printing, is greatly affected by the clothing market. Due to the impact of the epidemic, retail sales of my country’s clothing industry have gradually declined. According to data released by the National Bureau of Statistics, in 2022, my country’s total retail sales of clothing, shoes, hats, and knitted textiles will reach 1.30030 billion yuan, a year-on-year decrease of 6.5%. Against this background, the scale of my country’s water-based printing glue market has also declined. In 2022, my country’s water-based printing glue market size will be 3.56 billion yuan, a year-on-year decrease of 14.1%.

Industry analysts said that at present, my country’s water-based printing glue market has low concentration and most companies are small in scale. The largest water-based printing glue companies in my country mainly include Changlian Technology, Caiyun New Materials, Polymer Radiation, and Decai Chemical. Among them, Changlian Technology accounts for the largest market share, accounting for 11.2%, and has gradually become the leading company in the industry. As China’s production capacity structure gradually upgrades, the pace of corporate mergers and acquisitions in the water-based printing glue industry accelerates, and some small-scale companies with backward production technologies are gradually eliminated. Market concentration is expected to increase in the future.