The adhesives industry in Malaysia has been a lucrative market because the end-users is expanding every year with increase in population. Only 5 major adhesives manufacturers have been enjoying the market for so long because very few adhesive manufacturer is set up due to lack of technical knowhow, formulation and market knowhow. Total sales volume of water based adhesives and hot melt adhesives, dextrin, casein adhesives per month in Malaysia is about RinggitMalaysia:12,000,000 (US$3,800,000). This sales volume excludes other adhesives like chloroprene rubber (CR)adhesives, PU (Polyurethene) adhesives and other solvent based adhesives.
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