Development Potential Analysis of 3M Adhesive Products Industry

The total production of 3M adhesives and sealants in our country has more than 3 million tons, whose growth rate has reached 15% for many years. This regional strategic shift makes it benefit greatly. Because the adhesive consumption growth rate has been 3 times of the United States' and Western Europe', the markets in Asia outside Japan, especially China, it is the world's largest adhesive area.　　

Due to the strong demand for adhesive products, China has become an ideal base and potential huge market for foreign companies. Many world famous companies have set up production bases, invest and establish operations in China. Japan and some famous western companies have expanded the market share, reduced production cost, and implemented the transfer from their production bases to Chinese and other growing Asian markets in order to maintain their position in the global adhesives market.　　

In recent years, the light industries of India and Vietnam rise rapidly with the advantages of labor costs, and they have become the domestic transfer area of labor-intensive industries. Foxconn's Vietnam plant has been put into production, and the production of Nokia in India has continued to expand. Indian factory will replace Chinese factory as the group's largest production base. Our tape trade with India and Vietnam, is rising sharply. For the past few years, India's sales of tape production machinery has increased exponentially. We all know that India enjoys the preferential tariff within the commonwealth system, and Vietnam tariffs on goods exported to Europe and the United States is lower than that of China. Therefore, they will become important competitors of China tape in the international market.　　

The adopted research methods are: 1) We conduct the interview or telephone access for nearly hundred practitioners in the adhesive products industry to get the best data. 2) Tracking research: in order to ensure the real-time control for adhesive products industry, we establish the tracking mechanism in the adhesive products industry, and will get adhesive products industry development trend every month by visiting. 3) Check their key enterprises' file statistics, files for industry and commerce, customs import and export data, etc. for more authoritative information. 4) Analyze the competitive advantages and disadvantages and potential threats and opportunities of adhesive products industries and enterprises. 5) Make the full forecast by using regression analysis, time series analysis, factor analysis, portfolio analysis and other methods for the development trend of adhesive products.