Epoxy curing agent News my country’s electronic adhesive research and development enthusiasm is rising, and the high-end competitiveness of local enterprises needs to be improved

my country’s electronic adhesive research and development enthusiasm is rising, and the high-end competitiveness of local enterprises needs to be improved

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Electronic glue, also known as potting glue, refers to a liquid polyurethane compound that is poured into devices containing electronic components and circuits mechanically or manually. Electronic glue has the advantages of good bonding effect, high temperature resistance, good dustproofness, good waterproofness, and corrosion resistance. It can seal, bond, and protect electronic components. Silicone potting glue and silicone sealant are representative products of electronic glue.

Electronic glue is mainly used to seal, bond and protect electronic components, with batteries, chips, photovoltaic components, LED lighting, new energy vehicles, etc. as its end markets. Benefiting from national policy support, the development speed of my country’s new energy vehicle industry continues to accelerate. According to statistics from the China Association of Automobile Manufacturers, my country’s new energy vehicle production will reach 7.058 million units in 2022, a year-on-year increase of 96.9%. Driven by downstream demand, my country’s electronic glue market continues to expand. According to the “2023-2028 China Electronic Adhesive Industry Market In-depth Research and Development Prospects Forecast Report span>》shows that my country’s electronic glue market will reach 14.15 billion yuan in 2022.

The global electronic adhesive market is mainly concentrated in European and American countries. Leading companies include the American Dow Chemical Company (Dow), the American 3M Company, the American Avery Dennison Company (Avery Dennison), the German Henkel Group (Henkel), and the German Covestro Company. (Covestro), Germany’s BASF AG (BASF), France’s Bostik, etc. At present, high-end electronic glue production technology represented by chip-level electronic glue is monopolized by overseas developed countries, and the comprehensive competitiveness of Chinese enterprises in the global high-end market needs to be improved.

The main manufacturers of electronic glue in my country include Tianyang New Materials (Shanghai) Technology Co., Ltd., Guangzhou Jitai Chemical Co., Ltd., Hubei Huitian New Materials Co., Ltd., etc. Compared with overseas developed countries, my country’s electronic adhesive industry started late, but its development momentum is rapid. Jitai Co., Ltd. focuses on the research and development, production and sales of new energy battery adhesives, photovoltaic adhesives and other electronic adhesives. According to the performance forecast released by Jitai Co., Ltd., the company’s photovoltaic adhesives will achieve revenue of 61 to 76 million yuan in 2022, a year-on-year increase of 300% to 400%.

In recent years, with the diversification of market demand, the enthusiasm for research and development of electronic adhesives in my country has continued to rise. In 2022, the number of electronic adhesive patent applications in my country will reach nearly 70. But at present, my country’s high-end electronic glue import dependence is high. It is expected that in the future, driven by national policy support and technological innovation, my country’s electronic adhesive industry will gradually develop in a high-end direction.

Industry analysts said that electronic glue, as an important electronic chemical, is widely used in batteries, chips, photovoltaic components, LED lighting and other fields. , market demand is strong. Compared with overseas developed countries, my country’s electronic adhesive industry started late. In the future, as Chinese companies continue to increase their investment in research and development of electronic adhesives, the localization process of high-end electronic adhesives is expected to be further accelerated.

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