SNEC现场直击｜“小胶水”撬动大市场：“全球每两块光伏电池就有一块使用回天产品”

Core Viewpoint - The adhesive industry is undergoing significant transformation within the photovoltaic (PV) sector, with technological breakthroughs and strategic positioning gaining attention as key topics at the upcoming 2025 International Solar Photovoltaic and Smart Energy Conference [1] Group 1: Company Overview - The company, as a leading player in the domestic adhesive industry, has invested approximately 5% of its annual revenue in R&D over the years, resulting in its products being used in about one out of every two PV cells globally [1][3] - The company has a 20-year history in the PV sector, witnessing China's journey to overcome reliance on foreign high-end raw materials [3] Group 2: Technological Advancements - Recent advancements in adhesive technology have focused on addressing the increasing demands for durability and bonding strength in PV components, particularly in light of the industry's shift towards larger, lighter, and higher-power modules [1][2] - The company has successfully launched three new PV adhesive products this year, including insulation adhesives and water-resistant sealants, to meet the evolving technical requirements of the industry [2] Group 3: Market Position and Strategy - The company has established a strong market presence, with its products being used in approximately 50% of global PV cells, and has built a robust supply chain to ensure stability [3][4] - The company is expanding its manufacturing capabilities with five major production bases and aims to achieve a comprehensive production capacity exceeding 380,000 tons per year by 2025 [4] Group 4: Diversification and Future Growth - Beyond the PV sector, the company is also focusing on the electric vehicle (EV) market, where the adhesive market is expected to grow significantly, with a year-on-year increase of over 30% in 2023 [6][7] - The company is pursuing a dual strategy of deepening its core adhesive business while exploring new opportunities in high-growth sectors such as EVs, electronics, and semiconductors [6][7]