MARKET NEWS

Electronic special gas, which is prepared by separation, purification and mixing of gas and chemical raw materials. It is one of the important raw materials in the electronics industry.  Electronic special gas is mainly used in traditional industries such as metallurgy, chemical industry and machinery manufacturing, as well as emerging industries such as integrated circuit, liquid crystal panel, solar cell, optical fiber and cable, medical health, high-end equipment manufacturing.  

From the perspective of industry chain, the upstream of electronic special gas mainly involves gas containers (such as cylinder tanks, storage tanks, etc.) and gas equipment (including gas separation equipment, gas passivation equipment, pressure vessels, etc.).  Downstream applications include integrated circuits (semiconductors), display panels, leds, and photovoltaics.

In recent years, driven by both the policy and demand upgrading, our electronic special gas market presents a rapid growth.  According to the data, the market size of electronic special gas in China will grow from $1938.46 million in 2018 to $3553.85 million in 2022, with a compound average annual growth rate (CAGR) of 16.36%.

In terms of the market share of downstream application fields, the market scale of electronic special gas in 2021 reached $3323.08 million, among which, the market scale specially applied in semiconductor (integrated circuit) field was about $1430.77 million, accounting for 43%.  The display panel market size was about $692.31 million, accounting for 21%;  The market size for LED was about $430.77 million, accounting for 13%;  The market size for photovoltaic field is about $2 million, with a market share of 6%.

At present, the market is monopolized by four international enterprises, Linde (Praxair), Air Chemical, French Liquid Air, Dayangri Acid occupy more than 90% of the market share, and the domestic electronic special gas market is also occupied by four giants more than 80% of the share.  However, as the global electronic industry chain such as semiconductor and display panel continues to shift to Asia and mainland China, the refinement degree of upstream raw materials including electronic special gas continues to improve, and it is significant to realize domestic substitution. It is expected that the share of domestic electronic special gas enterprises is expected to increase in the future.

For more information on the industry, please refer to the latest 《2023 Global Offset Printing Press Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast》released by Market Monitor Co., Limited.
Copyright note: This article is from Market Monitor Co., Limited, if there is any content, copyright or other questions, please contact info@globalmarketmonitor.com, we will promptly communicate and deal with.