my country’s wet electronic chemicals market is undersupplied and the industry still has much room for development

Wet electronic chemicals, also known as ultra-clean high-purity reagents or process chemicals, refer to chemical reagents whose main component purity is greater than 99.99%, and the number of impurity ions and particles meets strict requirements. They are key basic chemical materials in the electronics industry. Wet electronic chemicals can be divided into two categories: general chemicals and functional chemicals. The former are mainly high-purity solvents, including sulfuric acid, nitric acid, hydrogen peroxide, etc., while the latter are mainly compound chemicals, mainly including Cleaning fluid, developer, etching fluid, etc.

The upstream of the wet electronic chemicals industry chain is the supply of chemical raw materials such as methanol, toluene, sulfuric acid, and hydrogen peroxide; the midstream is the production of various products; the downstream is mainly used for chips, photovoltaics, semiconductors, liquid crystal displays, integrated circuits and other products. processing.

According to the “my country Wet Electronic Chemicals Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center , with the continuous development of our country’s economy, the continuous enhancement of scientific and technological strength, the continuous expansion of the scale of high-end manufacturing, and the continuous growth of demand for integrated circuits, semiconductors, etc., driving the continued expansion of the wet electronic chemicals market. However, the current domestic wet electronic chemicals market is in a state of imbalance between supply and demand, and product supply cannot meet market demand. In 2022, my country’s wet electronic chemical output will exceed 1 million tons, a year-on-year increase of approximately 27%; demand will be approximately 1.6 million tons, a year-on-year increase of approximately 26%.

From the perspective of downstream demand structure, the photovoltaic field accounts for about 46% of the demand for wet electronic chemicals, ranking first, followed by liquid crystal display, accounting for about 25%, and the integrated circuit field accounting for about 24%. Ranked third. As the country’s emphasis on environmental protection continues to increase and investment in the photovoltaic field continues to increase, wet electronic chemicals have a broad consumer market.

In recent years, the state has introduced a number of policies to encourage and support the wet electronic chemicals industry. In January 2022, the Ministry of Industry and Information Technology released the “First Batch Application Guidance Catalog of Key New Materials (2021 Edition)”, which clearly included ultra-high-purity chemical reagents as new electronic chemistry materials within the scope of the “Guidance Catalog”. In March 2022, the Ministry of Industry and Information, the National Development and Reform Commission and other departments issued the “Guiding Opinions on Promoting the High-Quality Development of the Petrochemical Industry during the “14th Five-Year Plan””, proposing to implement the “three-product” action to improve the quality of chemical product supply and focus on Strategic emerging industries such as new generation information technology, biotechnology, new energy, and high-end equipment will accelerate the development of high-end polyolefins, electronic chemicals, industrial special gases, high-performance rubber and plastic materials, special lubricating greases and other products.

Industry analysts said that from the perspective of industry competition, the wet electronic chemicals industry in Europe, the United States, Japan and other countries started early and the production technology It is relatively mature, has excellent product quality and performance, and occupies a dominant position in the high-end market. my country’s wet electronic chemicals industry started late. After a period of development, the overall production level has improved, but it is lacking in R&D innovation capabilities and production technology. Products are mainly concentrated in the mid- to low-end market, and the industry still has a large Expansion capacity. Domestic wet electronic chemical manufacturers include Dufluoropolymer, Jianghua Micro, Xinzhoubang, Shanghai Xinyang, Feikai Materials, etc.