The global electronic grade hydrogen peroxide market is developing rapidly, and my country has become one of the important driving forces.

Electronic grade hydrogen peroxide is electronic grade hydrogen peroxide, which appears as a blue viscous liquid. As an indispensable electronic chemical raw material in the production process of large-scale integrated circuits, electronic-grade hydrogen peroxide is mainly used in semiconductor silicon wafer cleaners, etchants and photoresist removers. In addition, electronic-grade hydrogen peroxide is used in photovoltaic cells, display panels, LEDs, etc. Wide range of applications. In recent years, thanks to the rapid development of my country’s electronics industry, market demand for electronic-grade hydrogen peroxide has been released, and the scale of the industry has continued to expand.

According to the “2022-2026 China Electronic Grade Hydrogen Peroxide Project Investment Feasibility Research Report” released by the Industrial Research Center, 2016-2021 In 2020, the global electronic-grade hydrogen peroxide market developed rapidly. By 2021, the electronic-grade hydrogen peroxide market will have reached US$3.04 billion. The global electronic grade hydrogen peroxide market is currently in a growth stage and is expected to maintain an average annual compound growth rate of more than 10.0% from 2022 to 2026, with the market size approaching 5 billion yuan in 2026.

Electronic-grade hydrogen peroxide production processes include ion exchange, membrane separation, distillation, solvent extraction, adsorption, crystallization, etc. Currently, the technology that combines ion exchange and membrane separation is the mainstream domestic electronic-grade hydrogen peroxide production process. Benefiting from favorable national policies and increased market demand, the scale of my country’s electronic-grade hydrogen peroxide industry continues to expand. At the same time, the industry has also significantly improved in terms of production technology, technical level, and product quality.

In terms of production companies, there are a large number of electronic grade hydrogen peroxide production companies in my country, including Jiangyin Jianghua Microelectronics, Suzhou Jingrui Chemical, Hangzhou Jingxin Chemical, Hansong Electronic Materials, etc. At this stage, my country has become a major producer and consumer of electronic-grade hydrogen peroxide in the world. The annual output of electronic-grade hydrogen peroxide is about 120,000 tons. As relevant projects under construction are put into operation, my country’s electronic-grade hydrogen peroxide supply capacity will be further improved. In the international market, the main suppliers of electronic grade hydrogen peroxide include Solvay, MGC, Evonik, Arkema, Santoku-Chemical-Industries, etc.

The downstream of electronic grade hydrogen peroxide mainly involves semiconductors, photovoltaic cells, LED and other industries. Currently, the downstream industries are in a state of rapid development, such as the photovoltaic cell industry. my country is the world’s largest photovoltaic market. According to data from the Ministry of Industry and Information Technology, in 2021, my country’s photovoltaic cell output Reaching 198GW, a year-on-year increase of 46.9%. The development of the downstream market will create a broader development space for the electronic grade hydrogen peroxide industry.

Industry analysts said that as a basic electronic chemical raw material, electronic-grade hydrogen peroxide is widely used in semiconductors, photovoltaics, LED and other fields. my country’s electronics industry is booming, and the market for electronic-grade hydrogen peroxide has broad room for development. After years of development, while the scale of my country’s electronic-grade hydrogen peroxide industry is expanding, production technology and product quality have also been greatly improved. In the future, my country’s position in the global electronic-grade hydrogen peroxide market will continue to improve.