Growth Period

(Summary description)In recent years, the performance of the U.S. tape industry is basically the same as that of other parts. Environmental issues, economic issues and capital issues are still affecting the performance of the three main factors of economic efficiency and products.
(Summary description)In recent years, the performance of the U.S. tape industry is basically the same as that of other parts. Environmental issues, economic issues and capital issues are still affecting the performance of the three main factors of economic efficiency and products.
In recent years, the performance of the U.S. tape industry is basically the same as that of other parts. Environmental issues, economic issues and capital issues are still affecting the performance of the three main factors of economic efficiency and products. Tape is one of the two basic applications of pressure sensitive adhesive (PSA). According to the statistics of American market research company, it is predicted that by 2004, the pressure-sensitive tape produced in the United States will grow by more than 6%, with a growth rate of nearly 2.5 million square meters and a value of 20.5 billion yuan. According to the report of chemical exploration, another US governance consulting company, in the next five years, the annual sales volume of adhesive tape and the US will reach 2% to 4%, equivalent to an annual growth rate. Finally, it will increase to US $1 million. Packaging, industry, surgery, mask, electronic industry and consumer products are still the main end use adhesive tape. Packaging adhesive tape is one of the largest application fields, and it is also the most popular one The sales of adhesive tape will increase by 3%, and the total amount of increase will reach 45 million US dollars; the second is industrial adhesive tape, and the growth rate will reach 400000 US dollars; Mask adhesive tape and electronic products are the areas with the lowest growth rate, with an average annual growth rate of only about 1%, and other adhesive tape markets, with an annual growth rate of 1.1% - 3%.
Whether from the use of tape or from the amount of market products used in the detailed terms, packaging tape is still the largest application area. With the global consumption, the packaging tape industry has received great attention, which can maintain a certain profit. Some experts say that packaging tape accounts for 60% to 70% of the entire tape industry. Packaging tape is less affected by the economic recession, which is mainly due to the slowdown of economic growth, but it will affect the purchasing power of food and daily necessities, so food and packaging still need a lot of packaging tape daily necessities.
However, other varieties are not as lucky as packaging tape. Such as paperboard and tape, box sealing tape and protective cover, some of the major commodities affected by the economic recession. The automotive industry is another major application in the belt industry. Tape is used by automobile manufacturers in assembly and transportation. According to Freedonia consulting, due to the impact of the economic recession on the United States, the number of vehicles will be greatly reduced this year, so the demand for adhesive tape will also be greatly reduced. From the end of 2000, the U.S. auto industry began to ebb. GM and DaimlerChrysler announced that the two companies cut car production, which means that the adhesive industry and the amount of tape will be greatly reduced.
John mcdowett, an economic analyst at 3M, a tape manufacturer, said that the development of the tape industry, the economy, follows the development of the whole industry. For example, in 1999, the export of manufacturing products in the United States increased by 3.5%, and in 2000 it increased by 4%. The export of manufactured products had a direct impact on the sales of tape. Another factor affecting the sales of adhesive tape is screws or other adhesive products. More and more companies now use pre use adhesive tape, because adhesive tape is a combination of lower cost methods. According to reports, the automotive industry uses tape to fix the carpet in the car, while providing tape for body side styling. For uterine care, plaster and other medical products, medical tape also has considerable growth potential. Electronic assembly lines are also often used in the tape industry due to this growth in one of the main areas of application in the tape industry.
In a new equipment and products constantly introduced, need to use tape, so as to create more trade opportunities for the development of the industry. Richard streeper, director of technical services at 3M, glue Systems Laboratory, said: "mobile phones, for example, offer opportunities for miniaturization technology in the tape industry."
In the automotive tape, mainly used for body Decal processing and PVC side of the adhesive and coating protection and car shell protection molding. And sealing tape, which is much cheaper than mechanical seal. Tape has a fixed speed, which is much faster than mechanical parts. It can improve the efficiency of automobile production line. Car manufacturers are looking for suppliers to give them more choices to reduce costs. Tape manufacturers have been demanding new products to replace previously used automotive vulcanized rubber for such rearview mirror assemblies. It can be seen that in the automotive industry, the application of new products and new technologies has broad prospects for the development of adhesive tape.
In addition, tape manufacturers are trying to develop new uses in the pharmaceutical and electronics industries. With the accelerated aging of the population, more people will spend on health care, and there will be a larger market for the introduction of more convenient medical equipment. At present, in the pharmaceutical industry, the average annual growth rate has reached 6%, and it will continue to grow in the future. In the electronics industry, the new uses of tape are mainly focused on mobile phones. 3M, experts said that they are developing new functional and high and low temperature resistant tape materials, hoping that the development in the past does not belong to the new use of tape application.
In the process of improvement, the current belt industry to speed up the development of solvent-free process, improve the function of water-based products. Experts speculate that 90% of the solvent products will soon be replaced by water-based process.
CONTACT US
Sales Department
ADD:No. 221 Aviation Road, Liuhe Industrial Park,High and New Technology Development Zone,XiaoGan,Hubei,China
TEL:86-0712-2318888 2319988
FAX:86-0712-2477990
International Trade Department
TEL:86-0712-2477980
FAX:86-0712-2477990
EMAIL:trade2@hbsssy.com
Purchasing Department
TEL:86-0712-2477999
FAX:86-0712-2477970
HR Department
TEL:86-0712-2477988
FAX:hr1@hbsssy.com