(1) The overall situation of the market
In the early 1980s, China has begun mass production and the use of hot melt adhesive, domestic only appear until the mid-1980s of the last century, a number of hot melt adhesive manufacturers, the main products for bookbinding books wireless and sanitary napkins, but because of the small scale factory production, slow development, the 1993 National Hot melt adhesive production was close to 10,000 tons. Until the mid-1990s, the hot melt adhesive industry has entered a stage of rapid development. The 21st century, environmental protection has become the theme of the world, is becoming increasingly stringent environmental regulations. Adhesive family, the hot melt adhesive as the most typical environmental adhesives, solvent-free and 100% solid, conforms to the development trend, so it made a high-speed development.
With the escalation of the hot melt adhesive formulations, manufacturing and other commercial areas are expanding the range of applications and the amount of hot melt adhesive. Based on the steady development of the global hot melt adhesive market, the Chinese market will become one of the next major growth market for some time of hot melt adhesive, with the continuous improvement of the environmental requirements, new green products will become hot melt adhesive the development direction of the market. Under 《The 12th Five-Year development plan of adhesive market in China》, hot melt adhesive production in China from 2011 to 46.6 million tons to 86.1 million tons in 2015, a CAGR of 16.6%; sales from 2011 grew to 7.26 billion yuan to 14.47 billion yuan, the compound annual growth rate of 18.8%.
(2) The growth of the emerging applications
The solar cell encapsulation EVA film is one of the key materials for solar cells. Every 1GW of solar cells is about need 8,000-10,000 tons of EVA packaging film, that approximately 1,600-2,000 000 square meters. The global solar cell production in 2009 was approximately 9.34GW, crystalline silicon cells account for about 85%, about 7.94GW, the global EVA packaging film annual amount of about 160 million square meters. China's solar cell production in 2009 4.38GW, crystalline silicon cells is about 3.72GW, solar photovoltaic cells EVA encapsulation film the annual amount of about 75 million square meters. 2010 China solar cell production growth rate of 100% or more, up to 9GW (crystalline silicon cells 8.5GW, thin film battery 0.5GW), accounting for more than 50% of the world production, solar photovoltaic cells EVA encapsulation film of year with about 17,000 ten thousand square meters, the 2010, the domestic demand for EVA film is about 25 billion yuan, 50 billion, showing rapid growth in the future.
In the early 1980s, China has begun mass production and the use of hot melt adhesive, domestic only appear until the mid-1980s of the last century, a number of hot melt adhesive manufacturers, the main products for bookbinding books wireless and sanitary napkins, but because of the small scale factory production, slow development, the 1993 National Hot melt adhesive production was close to 10,000 tons. Until the mid-1990s, the hot melt adhesive industry has entered a stage of rapid development. The 21st century, environmental protection has become the theme of the world, is becoming increasingly stringent environmental regulations. Adhesive family, the hot melt adhesive as the most typical environmental adhesives, solvent-free and 100% solid, conforms to the development trend, so it made a high-speed development.
With the escalation of the hot melt adhesive formulations, manufacturing and other commercial areas are expanding the range of applications and the amount of hot melt adhesive. Based on the steady development of the global hot melt adhesive market, the Chinese market will become one of the next major growth market for some time of hot melt adhesive, with the continuous improvement of the environmental requirements, new green products will become hot melt adhesive the development direction of the market. Under 《The 12th Five-Year development plan of adhesive market in China》, hot melt adhesive production in China from 2011 to 46.6 million tons to 86.1 million tons in 2015, a CAGR of 16.6%; sales from 2011 grew to 7.26 billion yuan to 14.47 billion yuan, the compound annual growth rate of 18.8%.
(2) The growth of the emerging applications
The solar cell encapsulation EVA film is one of the key materials for solar cells. Every 1GW of solar cells is about need 8,000-10,000 tons of EVA packaging film, that approximately 1,600-2,000 000 square meters. The global solar cell production in 2009 was approximately 9.34GW, crystalline silicon cells account for about 85%, about 7.94GW, the global EVA packaging film annual amount of about 160 million square meters. China's solar cell production in 2009 4.38GW, crystalline silicon cells is about 3.72GW, solar photovoltaic cells EVA encapsulation film the annual amount of about 75 million square meters. 2010 China solar cell production growth rate of 100% or more, up to 9GW (crystalline silicon cells 8.5GW, thin film battery 0.5GW), accounting for more than 50% of the world production, solar photovoltaic cells EVA encapsulation film of year with about 17,000 ten thousand square meters, the 2010, the domestic demand for EVA film is about 25 billion yuan, 50 billion, showing rapid growth in the future.