The radiation curing industry is developing rapidly and the raw material field has great development opportunities.
Radiation curing is a technology that uses energy irradiation technology to convert chemical formulas from liquid to solid. Radiation curing technology has the advantages of instant film formation, low environmental pollution, low energy consumption, high safety, and low production cost. It is also highly efficient, environmentally friendly, and energy-saving, and has high application demand.
According to the analysis of the industrial chain of the radiation curing industry, the upstream is raw materials, mainly including photoinitiators, reactive diluents, oligomers and additives, and the midstream is radiation curing equipment and chemical formula raw materials (mainly coatings, inks and adhesives). agents and other products). Radiation curing technology has obvious advantages and has been used in many fields such as metal, plastics, and wood.
According to the “2021-2025 Radiation Curing Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center, benefits from With the rapid development of the radiation curing industry, the output of domestic radiation curing raw materials continues to rise, reaching 400,000 tons in 2020, of which the output of monomers and oligomers is the highest, at about 200,000 tons and 170,000 tons respectively. At the same time, the output of radiation-cured formula materials continues to rise, reaching 260,000 tons in 2020, of which coating production is approximately 160,000 tons, followed by ink production of 100,000 tons.
Monomer is an important component of radiation curing raw materials. Currently, the common monomers in the market are TMPT and TPGDA, with a total output of about 100,000 tons. In terms of production, companies currently with a monomer production capacity of more than 10,000 tons include Changxing Materials, Sanmu Group, Ruiyang Chemical, Litian Technology, etc. Oligomers play a role in determining product performance in radiation curing, and their application demand is also high. In 2020, the output of oligomers for radiation curing in China was approximately 1.65 million tons, of which the output of epoxy acrylate is relatively high, accounting for 1.65 million tons. 50%. At present, domestic oligomer manufacturers with large production scale include Sanmu Group, Changxing Materials, Ketian Chemical, etc.
Monomer is an important component of radiation curing raw materials. Currently, the common monomers in the market are TMPT and TPGDA, with a total output of about 100,000 tons. In terms of production, companies currently with a monomer production capacity of more than 10,000 tons include Changxing Materials, Sanmu Group, Ruiyang Chemical, Litian Technology, etc. Oligomers play a role in determining product performance in radiation curing, and their application demand is also high. In 2020, the output of oligomers for radiation curing in China was approximately 1.65 million tons, of which the output of epoxy acrylate is relatively high, accounting for 1.65 million tons. 50%. At present, domestic oligomer manufacturers with large production scale include Sanmu Group, Changxing Materials, Ketian Chemical, etc.
Coating is an important formula product in radiation curing technology. Companies with production capabilities for radiation curing coatings include Clivia New Materials, Bonfort New Materials, etc. In 2020, the domestic output of radiation curing coatings will be approximately 150,000 tons. Radiation curing ink is the most common type of formulated products, with an output of approximately 100,000 tons in 2020. The main production companies include Guangxin Photosensitive New Materials, Sanqiu Photocurable Materials, Rongda Photosensitive Technology, etc.
The above analysis has analyzed the production and demand of radiation curing materials, but from the perspective of the development of the radiation curing industry, it is expected that the coatings and inks will still have a broad market in the future, and future products will gradually develop in the direction of UV inkjet inks and UV curing powder coatings.
Industrial analysts said that radiation curing is a new technology with the advantages of environmental protection and high efficiency, and is currently widely used. With the rapid development of the radiation curing industry, the demand for its raw materials and formula materials continues to rise, and the industry has good development prospects. The materials required in current radiation curing applications are still relatively traditional. In the future, with the continuous improvement of radiation curing technology, materials will also develop in a high-end direction.