In 2009, the sales volume and value of engineering adhesives in China totaled 748 kilotons (a 19% share in total sales volume of adhesives) and RMB18.8 billion (accounting for 37% of the total adhesive sale) respectively. Concerning industrial growth, the sales growth rate of engineering adhesives during the recent two years approximated 20%, more than doubling the growth rate of GDP, and the growth momentum of the engineering adhesive industry will continue in the future along with the rapid development of downstream sectors.
As for the market segments of engineering adhesives in 2009, the sales volume of polyurethane adhesives (including part of the solvent adhesives) reached 394 kilotons with the proportion of 52.7%, that of high-performance silicone adhesives arrived at 226 kilotons with the proportion of 30.2%, and that of other adhesives (including epoxy resin adhesives, acrylate adhesives, etc.) amounted to 128 kilotons with the proportion of 17.1%. The future markets of engineering adhesives vary and they are elaborated as follows:
1) Polyurethane Structure Adhesives: the track pavement of high-speed railways will become the most explosive field that demands polyurethane structure adhesives. According to the planning of Ministry of Railways of the Peoples Republic of China, China will accomplish the high-speed railway track pavement of 13 thousand kilometers in 2012, and up to the end of 2009, China had newly built high-speed railway mileage of 3, 459 kilometers, i.e. 9, 541 kilometers of high-speed railways will be paved during 2010-2012. Supposing that the track pavement of per-kilometer high-speed railway needs seven tons of polyurethane adhesives, the demand for polyurethane adhesives of Chinese high-speed railway construction can be up to 66.8 kilotons across 2010-2012.
2) High-Performance Silicone Adhesives: over a half of the high-performance silicone adhesives get used in the construction sector which might see the oversupply in the future due to the comparatively mature technology, pure competition, and fast rising capacity. The application of silicone adhesives in such industrial fields as automobile, and electronics & electrical appliances will maintain a growth rate of more than 20% in the following five years; nevertheless, great disparities exist in the requirements on product performance and index from downstream clients, which asks for powerful R&D strength of enterprises, so there are few local manufacturers.
The report underlines not only the overall development, downstream demand, and market segments of Chinese engineering adhesive industry, but also the key manufacturers of engineering adhesives at home and abroad.
The major engineering adhesive enterprises in China consist mainly of Hubei Huitian Adhesive Enterprise Co., Ltd., Beijing TONSAN Adhesives Inc., and Shanghai Kangda Chemical Co., Ltd. (Kangda Chemical). In 2009, Hubei Huitian Adhesive Enterprise Co., Ltd. achieved the operating income of RMB239 million, of which automotive adhesives contributed more than a half; in H1 2010, it made a breakthrough in high-speed railway adhesives with the revenue of RMB8.43 million. Hubei Huitian Adhesive Enterprise Co., Ltd. is the sole company that highlights engineering adhesives among the five assignees of the technology of polyurethane adhesives for high-speed railway convex block platform. Beijing TONSAN, the leading enterprise in PV components adhesive field, and Kangda Chemical, the domestic No.1 private enterprise in the arena of engineering adhesives for wind turbine blade bonding, both obtained the revenue of over RMB200 million in 2010. Companies like Hangzhou Zhijiang Silicone Chemicals Co., Ltd., Guangzhou Baiyun Chemical Industry Co., Ltd., and Guangzhou Xinzhan Sealant Factory (XINZHAN) all take high-performance silicone adhesives for construction field as main business and they are in the dominant position in this field domestically.
Table of Contents:
1 Overview of Engineering Adhesive
1.1 Profile of Adhesive
1.2 Profile of Engineering Adhesive
2 Engineering Adhesive Market
2.1 Adhesive Industry
2.1.2 Market Capacity
2.2 Engineering Adhesive Market
2.2.2 Market Capacity
2.3 Downstream Demand
2.3.1 Automobile Manufacturing and Maintenance
2.3.2 Construction Field
2.3.3 Electronics & Electrical Appliances
2.3.4 Wind Power Field
2.3.5 PV Power Field
2.3.6 Rail Transit
2.4 Competition Pattern
3 Market Segments
3.1 Polyurethane Adhesive
3.2 Silicone Adhesive
3.2.1 Industry Chain
3.2.2 Supply & Demand
3.2.3 Competition Pattern
3.2.4 Development Trend
3.3 Other Engineering Adhesives
4 Global Manufacturers
4.1.2 Development in China
4.2.2 Development in China
4.3.3 Development in China
4.4.3 Development in China
4.5.3 Development in China
4.6.3 Development in China
4.7 DOW CORNING
4.7.2 Development in China
5 Chinese Manufacturers
5.1 Hubei Huitian Adhesive Enterprise Co., Ltd.
5.2 Beijing TONSAN Adhesives Inc.
5.3 Shanghai Kangda Chemical Co., Ltd. (Kangda Chemical)
5.4 Shandong North Modern Chemical Industry Co., Ltd.
5.5 Guangzhou Baiyun Chemical Industry Co., Ltd.
5.6 Hangzhou Zhijiang Silicone Chemicals Co., Ltd.
5.7 Chengdu Guibao Science and Technology Co., Ltd.
5.8 Guangzhou Xinzhan Sealant Factory (XINZHAN)
5.9 Zhejiang Golden Roc Chemical Co., Ltd
5.10 Shenzhen ORB-FT New Materials Co., Ltd.
6 Development Trend of China Engineering Adhesive Industry
Tables and Figures:
Classification and Characteristics of Major Adhesive Products
Classification and Application of Adhesives
Classification and Application of Engineering Adhesives
Adhesive Output of China, 2001-2011E
Adhesive Revenue of China, 2001-2011E
Sales Proportion of Engineering Adhesive in Adhesives, 2006-2010
GDP Growth Rate and Engineering Adhesive Sales Growth Rate, 2007-2010
Sales Volume of Engineering Adhesive in China, 2006-2010
Downstream Demand for Engineering Adhesives
Passenger Vehicle Output in China, 2008-2010
China LED Chip Market Size, 2002-2010
Growth of Global Wind Power Installed Capacity, 2000-2014E
Growth of Wind Power Installed Capacity in China, 2000-2010
Growth of PV Installed Capacity in China, 2006-2014E
Competitiveness of Key Engineering Adhesive Manufacturers in China
Proportion of Engineering Adhesive Segmented Products in China by Sales Volume, 2010
Classification of Polyurethane Adhesives
Industry Chain of Room Temperature Silicone Adhesive
Supply and Demand of Room Temperature Silicone Adhesive in Chinese Construction Field, 2008-2013E
Supply and Demand of Room Temperature Silicone Adhesive in China’s Major Industrial Fields, 2008-2013E
Industrial Concentration Ratio of Room Temperature Silicone Adhesive in China, 2010
Output Value Structure of Room Temperature Silicone Adhesive (by Field), 2010
Per Capita Consumption of Room Temperature Silicone Adhesive, USA vs. China, 2010
Classification of Acrylate Adhesive
Revenue and Profit of HENKEL, 2008-2010
Revenue Structure of HENKEL (by Product), 2008-2010
Revenue and Profit of HENKEL (by Region), 2010&2011Q1
Sales of THREEBOND, 2005-2010
Revenue Structure of THREEBOND (by Product), 2010
THREEBOND Organizations in China
Product Data of ITW Functional Polymer and Fluids Division
ITW Revenue and Profit, 2007-2010
3M Revenue, 2005-2010
3M Revenue by Field, 2010-2010
SIKA Operation, 2005-2010
SIKA Sales by Region and Field, 2010-2011Q1
Net Income and Operating Profit of MOMENTIVE, 2008-2010
Revenue and Profit of DOW CORNING, 2008-2010
Silicone Adhesive Product Types of Dow Corning China
Revenue and Profit of Hubei Huitian Adhesive Enterprise Co., Ltd., 2008-2010
Operating Income by Product and Gross Margin of Hubei Huitian Adhesive Enterprise Co., Ltd., 2010
Operating Income by Product and Gross Margin of Hubei Huitian Adhesive Enterprise Co., Ltd., 2011Q1
Operating Income of Hubei Huitian Adhesive Enterprise Co., Ltd. by Sector, 2010
Engineering Adhesive Product Series of Beijing TONSAN Adhesives Inc.
Revenue of Beijing TONSAN Adhesives Inc., 2007-2010
Adhesive Series of Kangda Chemical
Revenue of Kangda Chemical, 2007-2010
Operation of Shandong Norinc Sealant & Adhesive Co., Ltd., 2010
Revenue of Guangzhou Baiyun Chemical Industry Co., Ltd., 2007-2010
Revenue and Profit of Hangzhou Zhijiang Silicone Chemicals Co., Ltd., 2007-2010
Adhesive Products of Hangzhou Zhijiang Silicone Chemicals Co., Ltd.
Operating Income and Profit of Chengdu Guibao Science and Technology Co., Ltd., 2007-2010
Operating Income of Chengdu Guibao Science and Technology Co., Ltd. by Product, 2010
Operating Income of Chengdu Guibao Science and Technology Co., Ltd. by Region, 2010
Silicone Adhesive Market Share and Ranking of Chengdu Guibao Science and Technology Co., Ltd. by Field, 2006-2010
Capacity of Projects under Construction and Time to Put into Production of Chengdu Guibao Science and Technology Co., Ltd., 2010
Adhesive Product Types and Application of XINZHAN
XINZHAN Revenue, 2007-2010
Adhesive Products of Zhejiang Golden Roc Chemical Co., Ltd.
Revenue and Profit of Zhejiang Golden Roc Chemical Co., Ltd., 2007-2010