In recent years, with the continuous growth of China's economy, industrial output and the demand for industrial products have risen sharply, which has vigorously promoted the continuous increase in the demand for adhesive materials and adhesives. The manufacturing and consumption centers of the global adhesive tape and adhesive industry have gradually shifted to China, prompting the rapid expansion of the production scale of this industry in our country.
        Meanwhile, the rise of domestic innovative science and technology enterprises has continuously expanded the application range of adhesive products, especially in multiple fields such as 5G communication, electronic appliances, power batteries and new energy vehicles, the Internet of Things, mechanical manufacturing, light industry and daily life, giving birth to new product demands. Adhesive materials and adhesives have become the key elements for various fields to achieve lightweight, high adhesion, and improve efficiency and quality.
        Looking ahead, thanks to the effective control of the epidemic in China, the domestic economy has ushered in a precious opportunity period for high-speed development. The investment demand driven by the domestic cycle, the demand for consumption upgrading and the demand for ecological environment improvement have all provided powerful impetus for the rapid development of the adhesive tape and adhesive industry. It is expected that by the end of the "14th Five-Year Plan" period, China's adhesive tape and adhesive products will reverse the situation of insufficient supply of high-end products and oversupply of low-end products, and the added value of the industry will be significantly improved, realizing the transformation from extensive scale expansion to high-quality efficiency improvement.
        During this period, factors such as product iteration, improvement in production efficiency, and the implementation of environmental protection policies and standards will drive the adhesive industry in China to show five major development trends.
        Five major development trends：
        Trend 1:   At the product level, emerging application markets and scenarios will stimulate the demand for new products, and the overall added value of the industry is expected to achieve a significant increase. With the continuous breakthroughs in cutting-edge technologies such as 5G and new energy vehicles, as well as the rise of frontier concepts such as the Internet of Things, strategic emerging industries will experience explosive growth, opening up new market space for the adhesive industry. These emerging adhesive application markets will become the key areas where leading adhesive material enterprises compete to layout.