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In 2007-2011, China’s output of structural adhesives presented a compound annual growth rate of 16.6%, higher than the growth rate of 13.6% of the adhesive industry in the same period, according to a new report from Research and Markets. In 2012, China had a total of nearly 300 professional structural adhesive manufacturers, with the output rising by 19.6% year-on-year to 453,000 tons. In particular, silicone adhesive, epoxy adhesive and polyurethane (PU) adhesive had the highest output, with the combined proportion as high as 90% or more.
Driven by the robust demand from downstream building, wind power and automotive manufacturing sectors, as well as the advances in industrial technology, China-made structural adhesives, especially top-grade special adhesives with silicone adhesive, epoxy adhesive and PU adhesive as base materials, are expected to see an average annual growth rate of 15-20% in terms of output.
For additional information, visit www.researchandmarkets.com.