The demand for electronic consumer goods continues to increase, and the gold salt electroplating market has great potential

Gold potassium cyanide, also known as gold potassium cyanide, CAS number 13967-50-5, molecular weight 288.14, soluble in water, slightly soluble in ethanol, insoluble in ether, susceptible to moisture, highly toxic, generally white powder shaped crystal. Gold salt is generated by the interaction between potassium cyanide and gold chloride, which can form a gold coating on the surface of the object. This gold coating has corrosion resistance, wear resistance, oxidation resistance, low contact resistance, good weldability, and heat resistance. It has excellent properties such as pressure bonding and can be used as a functional and protective coating, mainly used for gold plating to improve the corrosion resistance of items. It is an important electroplating chemical raw material and is mostly used in precision instrument processing and electroplating in the electronics industry. In addition, gold salts can also be used in analytical reagents, pharmaceutical industry, etc.

As an important electroplating raw material in the fields of precision instrument processing and electronic industry, domestic quality requirements for gold salt products are relatively high, and their composition requirements are above 99.5%. After years of development, relatively mature gold salt production processes have been formed in the industry, including the thunder acid method, gold oxidation method, electrolysis method, controlled potential direct synthesis method, ammonia reduction method, etc. Currently, the most commonly used gold salt production process is the alkali reduction-KCN complex method. This process has low equipment requirements, low production investment, high production efficiency, and stable quality. It is unanimously recognized by domestic and foreign industries.

Generally speaking, the higher the purity of the gold salt, the higher the quality of the electroplated product. Due to the late opening of my country’s precious metal market and the late start of gold salt production, there are only Yantai Zhaojin Lifu Precious Metals Co., Ltd., Suzhou Xingrui Precious Metal Materials Co., Ltd., Jiangsu Suda Special Chemical Reagent Co., Ltd. and Shenzhen Fujun Material Technology. Co., Ltd. and a few other companies have mastered the production technology of high-purity gold salt, while other small and medium-sized enterprises have smaller production scales and produce gold salt products with lower quality scores, lower purity, and lower market shares.

In recent years, with the continuous development of my country’s economy and the improvement of residents’ consumption levels, the demand for electronic products has grown rapidly, which has promoted the rapid development of the electroplating industry and the market demand for gold salt has also increased. According to the “2022-2027 Golden Salt Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, in 2021, The market demand for gold salt in my country is 154.14 tons, a year-on-year increase of 10.1%; the supply is 146.19 tons, a year-on-year increase of 9.1%.

Industrial researchers believe that with the increase in the consumption of electronic consumer goods, my country’s demand for precision circuit boards, connectors, and semiconductor device electroplating has increased, and the demand for electroplating of precision circuit boards, connectors, and semiconductor devices has increased. The demand for gold salt is relatively large, and there is still some room for development in the future. At present, my country’s gold salt still lags behind foreign high-end products such as Japan, Germany, and the United States in terms of product purity and electroplating stability. Manufacturers can improve and optimize the gold salt production process by increasing R&D investment, improve product quality, and enhance product competitiveness. It forms a substitute for imported products and enters competition in the international market, thus ushering in good development prospects.