Bio-based hot-melt pressure-sensitive adhesives have huge room for substitution, but currently there are few companies involved

Bio-based hot melt pressure-sensitive adhesive is an environmentally friendly pressure-sensitive adhesive prepared from bio-based monomers such as completely biodegradable materials. The raw materials for the production of bio-based hot-melt pressure-sensitive adhesives do not involve fossil resources such as petroleum, resins, and thermoplastic polymers. Under the background of carbon neutrality and peak carbon ratio, bio-based hot-melt pressure-sensitive adhesives have broad application prospects.

Hot melt pressure-sensitive adhesive (HMPSA) is a functional material, mainly composed of base material, plasticizer, antioxidant, thermoplastic elastomer, tackifier and other parts. my country is a major industrial manufacturing country, and the market demand for hot-melt pressure-sensitive adhesives is huge. However, as the manufacturing industry becomes greener, traditional hot-melt pressure-sensitive adhesives derived from petroleum will face increasingly stringent regulatory policies. In contrast, bio-based pressure-sensitive adhesives The hot-melt pressure-sensitive adhesive market has broader development prospects.

In recent years, the production and sales of my country’s hot-melt pressure-sensitive adhesive industry have continued to grow. In 2022, the sales volume of the hot-melt pressure-sensitive adhesive industry will reach about 540,000 tons. Hot melt pressure-sensitive adhesive manufacturers include Dongguan Chengming, Jiangsu Jiahao Co., Ltd., Hangzhou Renhe, Nanbao Goldman Sachs, etc. As a new type of pressure-sensitive adhesive product, hot-melt pressure-sensitive adhesive has a wide range of applications, involving food packaging, automobiles, construction, electronics, papermaking, printing, sanitary materials and other fields. Overall, hot-melt pressure-sensitive adhesives have broad application fields, large production and sales scale, and bio-based hot-melt pressure-sensitive adhesives have broad potential for substitution.

According to the “China Bio-based Hot Melt Pressure-Sensitive Adhesive Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028 released by the Industrial Research Center >》shows that due to factors such as preparation technology and raw material supply, there are currently few companies deploying bio-based hot-melt pressure-sensitive adhesives. Among them, eSUN New Materials (eSUN), a subsidiary of Shenzhen Guanghua Weiye Co., Ltd., is a representative company.

eSUN bio-based hot-melt pressure-sensitive adhesive uses polylactic acid polyol as raw material. Polylactic acid polyol is eSUN’s first product, and it has now achieved industrial production. In terms of technical reserves, the production technology of “Bio-based Biodegradable Hot Melt Pressure-Sensitive Adhesive” independently developed by eSUN has been approved by the State Intellectual Property Office. In the future, eSUN will enrich the raw material sources of bio-based hot-melt pressure-sensitive adhesives and improve the production efficiency of the production system to achieve low-cost and large-scale production of bio-based hot-melt pressure-sensitive adhesives.

Bio-based hot melt pressure-sensitive adhesive has many advantages such as excellent adhesion, good degradability, excellent peel strength, and environmental friendliness. It has application prospects in the fields of degradable packaging, medical and sanitary products, care products, labels, tapes, disposable tableware, etc. broad.

Industry analysts said that compared with traditional hot-melt pressure-sensitive adhesives, bio-based hot-melt pressure-sensitive adhesives are environmentally friendly and sustainable. Biodegradation and other advantages, under the strategic background of carbon neutrality and carbon peaking, the bio-based hot melt pressure-sensitive adhesive market has broad development prospects. Hot-melt pressure-sensitive adhesives have broad application fields, and there is huge room for substitution of bio-based hot-melt pressure-sensitive adhesives. First-mover companies may have priority in enjoying market dividends.