What is the prospect of hot melt adhesive in the future?

       The fastest areas are functional adhesives for electronics, electronics, automobiles, footwear and shipbuilding. It is predicted that in the next few years, the formulation of adhesives will be further improved, and investment and R & D of raw materials and intermediates will increase.
       According to experts, in the development of technology, Korean enterprises focus on environmentally friendly adhesive, water-based emulsion, hot melt adhesive and reactive adhesive. Low-cost formulations and processes are still key factors in market competition, and functional adhesives can better meet the needs of leading Korean industries such as electronics, electronics, automobiles, and so on. However, due to the unique demand for product performance, South Korea imports high performance products from Japan and Europe, high value-added products are not very successful, and will increase its own R & D efforts in the future.
       The main new products and technologies of future hot melt adhesive include: low temperature hot melt adhesive, hydrophilic hot melt adhesive, baby urine urine wet display hot melt adhesive, high humidity strength hot melt adhesive, anti-flavor hot melt adhesive, and packaging innovation of hot melt adhesive. Other technologies include oil-resistant hot melt adhesive, hot melt adhesive suitable for high frequency spraying, hot melt adhesive with high wet strength, degradable hot melt adhesive and so on in the environment of rising prices of raw materials and increasingly fierce market competition. Only relying on technological innovation, enterprises can have sustainable growth.
       In 2010, hot melt adhesive, as an important product in adhesive industry, showed a good growth momentum. The total market sales of hot melt adhesive in the whole year of 2009 is about 3.3 billion US dollars. In 2010, the market sales of hot melt adhesive reached 3.5 billion US dollars. In the international market, the global market demand of hot melt adhesive will increase steadily with the development of rubber industry. Demand growth in developed countries and regions such as Europe and the United States has been slow, while that in Asia, especially in China, will remain relatively rapid.