Wet electronic chemicals industry has high barriers and companies need to be cautious when entering the industry

Wet electronic chemicals are also called ultra-clean high-purity reagents, which refer to chemical reagents whose main component purity is greater than 99.9%, and the number of impurity ions and particles meets strict requirements. Wet electronic chemicals are key materials in the production process of important electronic components such as semiconductors, display panels, photovoltaics, and wafers. They directly affect the yield, electrical performance, and stability of electronic components.

The upstream of the wet electronic chemicals industry chain is the raw material supply layer, and the downstream is the electronic information industry. Since downstream industries have strict requirements on the purity, cleanliness, precision and other characteristics of electronic wet chemicals, the wet electronic chemicals industry as a whole shows the characteristics of high R&D costs, strict product quality requirements, and high technical thresholds.

According to the “2023-2028 China Wet Electronic Chemicals Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , the development of the wet electronic chemicals industry is closely related to the development of the electronic industry in the downstream field. With the rapid development and continuous capacity transfer of my country’s semiconductor, display panel, solar photovoltaic and other industries, the demand for wet electronic chemicals industry has increased rapidly, and the industry has developed rapidly. According to data from the China Electronic Materials Industry Association, my country’s overall demand for wet electronic chemicals will increase to approximately 2.62 million tons in 2022, and demand is expected to reach 3.07 million tons in 2023. At present, the scale of my country’s wet electronic chemicals market is growing steadily.

my country’s wet electronic chemicals industry started late and only officially entered the stage of large-scale development in 2006. Tianyancha data shows that there are currently 329 wet electronic chemical manufacturers in my country. Some of the advanced companies, such as China Giant Chip, Jiangyin Jianghua Micro, and Glinda, have relatively mature production technologies and meet international chemical standards. However, there is still a large gap between the overall technical level of the industry and overseas. In the mid-to-high-end field, wet electronic chemicals are produced domestically. There is still much room for improvement.

At present, my country’s electronic wet chemicals industry shows a situation of high market concentration in subdivisions and low overall market concentration. Domestic companies engaged in the electronic wet chemicals business mainly include Jingrui Electric Materials, Glinda, Jianghua Micro, Jiangyin Runma, Shanghai Xinyang, Feikai Materials, Xinzhoubang, etc. However, wet electronic chemicals have strict product quality requirements and high industry barriers. It is not recommended that companies lacking experience in chemical product production enter the market to participate in the competition.

Industry analysts said that in recent years, with the support of policies, the strength of my country’s electronics industry has gradually increased, which in turn has driven upstream wet electronic chemicals The market size continues to rise and the market space continues to expand. However, due to technical reasons, my country’s wet electronic chemicals industry is mainly concentrated in mid-to-low-end products such as solar cells. It is recommended that relevant companies increase R&D investment, promptly carry out technology upgrades, and strive to develop high-quality mid-to-high-end products as soon as possible to improve wet electronics. The localization rate of mid-to-high-end chemicals.