Overview of the electronic chemicals industry
The overall development status of the electronic chemicals industry
The development of the electronic chemicals industry is closely related to the downstream electronic components production industry. Whether it is the product type or technological innovation of electronic chemicals, it largely depends on the production needs of the downstream industries.
In addition, the electronic chemicals industry, as a subdivision of the fine chemical industry, is also closely related to the overall development level of the fine chemical industry. The technological progress of the fine chemical industry is an important driving force for the rapid development of the electronic information industry.
At present, China ‘s electronic chemicals industry is in the rapid development stage of localization substitution. On the one hand, the giants from other countries in the electronic chemicals industry have invested and built factories in China one after another, quickly occupying the market by virtue of their strong financial strength, more advanced management concepts and production models and higher technical levels.
On the other hand, relying on the continuous improvement of technology level and flexible business strategies, Chinese electronic chemical manufacturers have made breakthroughs in multiple electronic chemical subdivision fields, gradually changing the market competition pattern dominated by foreign-funded enterprises in the early stage, and some of these companies have gradually developed into leaders in China’s subdivided industries.
Many listed companies have emerged in PCB electronic chemicals, photoresists, ultra-clean and high-purity reagents, PCB substrate materials, semiconductor chemicals, liquid crystal materials, capacitor chemicals, special adhesives, and lithium battery chemicals.
Development status of special ink industry
With the continuous advancement of information technology and the rapid development of consumer electronics and communication industries, the demand for PCB boards is increasing, and the demand for PCB inks as an important raw material for PCB boards is also gradually increasing.
According to the “Overview of China’s Ink Industry in 2021”, from 2015 to 2020, the output of PCB boards in the Americas and Europe showed a downward trend, but the output of China’s PCB boards increased, and the output value has surpassed that of Europe and the United States. China has become a major producer of PCB boards in the world.
In recent years, due to the breakthrough in the production technology of synthetic resin, the key material for manufacturing PCB inks, PCB inks have gradually got rid of imports, and a number of competitive listed companies have emerged in the special ink industry.
Development status of special coating industry
The development of the special coatings industry is closely related to the development of the downstream application field. Factors such as the deepening and broadening of the downstream application field, the rapid growth of China’s terminal brand business and the localization of the supply chain have driven the rapid development of China’s special coatings industry.
1)In recent years, the smart phone and laptop market has maintained a stable trend, the competition among various brands has become increasingly fierce, and the deepening demand for product differentiation and high-end quality has increased, leading the electronic coating industry to develop rapidly in the direction of customization, high comprehensive performance, and system services develop.
At the same time, the downstream emerging subdivided application fields continue to expand. With the rapid growth of wearable devices, smart home appliances, and passenger car parts, as well as the gradual increase in the application of emerging high-end consumer goods with network interconnection functions under the development of 5G and Internet of Things technologies, the demand for related special coatings is increasing.
2) With the gradual improvement of the technical level of China’s manufacturing industry, coupled with China’s abundant raw material resources and moderate labor costs, the production and manufacturing focus of all levels of high-end consumer goods represented by the high-end consumer electronics industry has gradually shifted to China, providing a strong guarantee for the development of the industry.
3) With the tightening of environmental protection policies and the rectification of VOC emissions, the growth prospects of environmentally friendly coatings are broad, and the product structure of special coatings is gradually developing in the direction of energy saving, environmental protection, and high performance.
In addition, computers, communications, and consumer electronics have high requirements for anti-corrosion and exterior decoration, which are closely related to the coatings used. The quality of the exterior coating process has become one of the important indicators that determine product grades.
Through a large amount of research and development investment, the continuous introduction of new coatings with higher technological content and better environmental performance has become an important development trend of the special coatings industry. Compared with solvent-based coatings and water-based coatings, UV-curable coatings have excellent comprehensive performance and low VOC emissions, and are expected to become the development direction of special coatings in the future.