Matthew Effect Of Adhesive Tape Industry

The Matthew effect is gradually highlighted, the leading adhesive enterprises will integrate industrial resources through mergers and acquisitions and joint ventures, gradually improve the industrial chain capabilities, the industry concentration will gradually improve. At present, the leading adhesive enterprises have sought to acquire key technical achievements, upstream raw materials, downstream sales channels, etc. through domestic and international acquisitions to open up the industrial chain, further enhance product competitiveness, expand sales channels, gradually form the advantages of vertical integration, and continue to reduce costs and increase efficiency. In the future, small-scale production enterprises with backward technology, lack of independent innovation, high pollution and high energy consumption will be eliminated one after another, and leading domestic enterprises will speed up their development with the advantage of the capital market to promote the overall development trend of the industry in terms of scale and intensification, and the concentration and technology level of the industry will continue to improve.

With the overall profit level of the industry down, reducing costs and increasing efficiency has become a long-term issue. Over the past decade, the world adhesive industry has gradually matured, and the average market price has continued and slowly declined, posing new challenges for adhesive enterprises. Therefore, adhesive enterprises should continue to make efforts in lean production, optimisation of efficiency and management improvement, enhance the level of automation and intelligent production, and at the same time, actively break through to high value-added areas to avoid falling into the vicious circle of low-price competition.