According to statistics, by 2020, the global market value of adhesives and plasticizers will reach 43.195.5 billion U.S. dollars. During this period, the main driving force of the adhesives and plasticizers market comes from the construction, automobile and packaging of China, India and Brazil. The development of the market.

At the same time, industry insiders are also faced with the challenge of large fluctuations in raw material prices. The United States, Europe and other regions have increasingly higher requirements for environmental protection, which to some extent hinders the market development of adhesives and plasticizers. Faced with various challenges, the industry is also striving to find and develop sustainable solutions to replace the original petroleum-based adhesives and plasticizers. Sustainable adhesives and plastic sealants mainly use vegetable oils as raw materials to achieve environmental protection.

In 2013, water-based adhesives dominated the international market, accounting for 46% of total sales. Water-based adhesives do not contain volatile organic compounds and have less impact on the environment. This is the product's greatest potential for development. In the next 10 years, water-based adhesives are expected to completely replace solvent-based adhesives in the US and European markets. From 2014 to 2020, the compound annual growth rate of the water-based adhesive market will reach 5.4%. By 2020, the global hot melt adhesive market will have a capacity of 2,379,900 tons, with an average annual growth rate of 5.1% over the past six years.

In 2013, the global adhesives market had a capacity of 8.976 million tons. It is expected that the market capacity will reach 12.3922 million tons by 2020, with a compound annual growth rate of 4.7%. On the other hand, the global plastic sealant market capacity in 2013 was 1,764,500 tons, and it is expected to reach 2,371,500 tons by 2020, with a compound annual growth rate of 4.3%.

In 2013, acrylic adhesives accounted for 36.9% of the global adhesives market, and acrylic adhesives will be the fastest growing adhesive market from 2014 to 2020, with a compound annual growth rate of 5.3%. Following acrylic adhesives are PVA adhesives, which account for 28.1% of the total market share. As far as the plasticizer market is concerned, silicone currently accounts for 30.3% of the market. At the same time, silicone will also be the fastest-growing market, with a compound annual growth rate of 4.9%.

In terms of downstream applications, pressure-sensitive materials are the largest downstream market, accounting for 29.1% of the total. However, the development of the furniture market is the fastest, with a compound annual growth rate of 5.9%. At the same time, the level of disposable income in China, Brazil, and India has increased year by year, driving market demand in the region. For the plasticizer market, the construction sector is still the largest downstream application, accounting for 27.3% of the total market share. The automotive sector followed closely behind, accounting for 19.2% of the market share.

In 2013, whether it is adhesives or plasticizers, the Asia-Pacific region still dominates the world. The demand for adhesives and plasticizers in this region is 42.6% and 39.2%, respectively. The Asia-Pacific region will also be the fastest-growing market, with compound annual growth rates of adhesives and plasticizers of 5.9% and 5.3%, respectively. The European market is the second largest market.

As far as the entire value chain of adhesives and plasticizers is concerned, it is also dominated by multinational companies. The main companies are Henkel, 3M, HB Fuller, Dow Corning, Bostik, these companies account for more than 50% of the global market. Some other active companies include Angola, BASF, Eastman and Ashland.