The hottest global demand for specialty chemicals

2022-08-03
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The global demand for specialty chemicals is increasing rapidly

according to the latest research report of Sri consulting company (SRI), in the next five years (2010-2014), driven by China, the global market for specialty chemicals will increase at an average annual rate of 3.4%. In the main application fields, the demand for special films, printed circuit boards (PCBs), chemicals used in integrated circuits and engineering thermoplastics will grow rapidly; In small applications, the demand for mining chemicals, emission control catalysts and high-performance plastics will grow rapidly

Ralph Gubler, the author of the Research Report and vice president of sric, said that the growth rate of market demand for specialty chemicals in different regions of the world in the next five years will be different. Among them, the US and Western European markets will grow at an average annual rate of 2.2% and 1.3% respectively, while China's average annual growth rate is much higher, which is expected to reach 7.3%. After entering the new normal,

gebler pointed out that the fastest growing demand in the field of special chemicals is the special film, especially in the fields of power, electronics and optical applications. Stimulated by the strong growth of electronic application fields such as display, tape, automatic packaging and flexible printed circuit board, the demand for special films is growing rapidly, especially in Asia. He also said that compared with other application fields, the growth rate of electronic chemicals market is faster, mainly because electronic products have been severely impacted by the global economic recession. In 2009, the sales revenue of global electronic products fell by 26.4% year-on-year, but this year will rebound strongly by 18%. From a global perspective, the demand for electronic chemicals in the next five years will increase at an average annual rate of 6%, which can reduce the environmental pollution in the production process of petrochemical raw materials by% ~ 7%, and the chemicals in the semiconductor application field will play a leading role

in the European market, gebler believes that the demand for special chemicals in the field of solar cell applications, such as polycarbonate, biaxially stretched polyethylene terephthalate and polyvinyl fluoride, will grow rapidly. Although the market for these chemicals is not large at present, they have great development potential

ray will, senior analyst of sric, said that mining chemicals will continue to grow rapidly, stimulated by the gradual growth of China's steel production and the still short supply of some major mineral products. However, construction chemicals will remain in the doldrums, because the housing market in mature markets such as the United States and Europe is still not out of trouble, and China has increased its regulation and control of the real estate market

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