High-purity isopropyl alcohol has broad market prospects and rapid growth in demand

High-purity isopropyl alcohol (IPA) generally refers to electronic-grade isopropyl alcohol and ultra-pure isopropyl alcohol. It is an ultra-clean and high-purity reagent and is mainly used for ultra-precision electronics such as wafers, single crystal solar cells, and liquid crystal glass substrates. Cleaning, drying, etc. have important applications in the electronic industry fields such as semiconductors, solar cells, and LCD panels, and have a good market foundation.

According to the “China High Purity Isopropyl Alcohol Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center It shows that China’s high-purity isopropyl alcohol (IPA) industry has developed well, and the production process, production efficiency and product quality of high-purity isopropyl alcohol (IPA) have been greatly improved, which can better meet the needs of downstream application fields; at the same time , Semiconductors, solar cells and other downstream industries continue to transform and develop. For example, semiconductor silicon wafers are upgraded from 4 and 6 inches to 8 and 12 inches. The demand and quality of high-purity isopropyl alcohol (IPA) have generally increased. High-purity The isopropyl alcohol (IPA) industry shows an overall growth trend, with demand growth remaining at double digits.

At present, the global high-purity isopropyl alcohol (IPA) industry production is mainly concentrated in major countries and regions such as China, North America, Europe, and Japan. Among them, North America, Europe, and Japan have relatively large R&D investments due to their early start in R&D and advanced technology. , the industrial chain is relatively complete and has strong competitiveness in the international market. Leading companies in the high-purity isopropyl alcohol (IPA) industry include Tokuyama of Japan and LG Chem of South Korea. In terms of domestic enterprises, real industry leaders have not yet formed. The scale, concentration and perfection of the industry chain need to be further improved. However, Suzhou Jingrui Chemical Co., Ltd., Jiangsu Danol Technology Co., Ltd., Jiangyin Jianghua Microelectronics Co., Ltd. have emerged. Larger companies such as Electronic Materials Co., Ltd. and Jiangyin Runma Electronic Materials Co., Ltd. have established a certain position in the industry and have gradually developed the ability to compete with imported brands.

From the perspective of demand structure, currently, global consumption demand for high-purity isopropyl alcohol (IPA) is concentrated in North America, Europe, China and other countries and regions. In the future, with the development of the global high-purity isopropyl alcohol (IPA) industry, corporate production technology will continue to improve, industry production capacity will be enhanced, regional layout will be more complete, and sales areas will be further expanded.

Industrial researchers believe that in the future, with the development of downstream application fields, the demand structure of high-purity isopropyl alcohol (IPA) may change. With further changes, the demand for high-purity isopropyl alcohol (IPA) will continue its early rapid growth, and the market still has considerable room for development.