Electronic grade ethanol is a high-purity, colorless and transparent organic solvent with a purity of up to 99More than 9%, almost free of water and other impurities, in line with the high purity requirements of the electronics industry. As a harmless, non-toxic, colorless and odorless organic solvent, electronic grade ethanol has the characteristics of good solubility, volatility and stability.
Electronic grade ethanol is mainly used in the cleaning and etching process of electronic products such as semiconductors, photovoltaic solar cells, LEDs and flat panel displays. As a cleaning agent and solvent in the electronics industry, chips and other devices need to be cleaned in the semiconductor manufacturing process to ensure product quality. At the same time, electronic grade ethanol can effectively remove stains and residues, ensuring the accuracy and reliability of the product. Analysis of the current situation of the electronic grade ethanol industryElectronic grade ethanol is mainly G2 and G3 grades
At present, electronic grade ethanol is mainly G2 and G3 in China, which is mainly used for cleaning chips and other electronic devices, and has high requirements for the metal impurity content of ethanol.
European, American and Japanese companies account for most of the electronic chemicals market
According to the statistics of China Electronic Materials Industry Association, the global electronic chemicals market is mainly occupied by European, American and Asia-Pacific companies, with a market share of 31% for European and American companies, 29% for Japanese companies, and 38% for Asia-Pacific companies (of which 15% for Chinese mainland).
China's enterprises started late and are gradually opening up the market
Due to the late start of China's high-purity electronic chemicals, the category richness and purification technology level are relatively lagging behind foreign leading enterprises, so they are mostly concentrated in the low-end market. However, domestic manufacturers are actively exploring the market of high-end high-purity chemicals, and the leading manufacturers have the ability to produce some wet electronic chemicals of G4 and G5 standards.
Production technology takes time to accumulate
The production technology of wet chemical electronic products is difficult, and its development requires the accumulation of technical time. At present, most of the wet chemical products, domestic technology can achieve G2 and G3 level, and some products can even break through the G4 level.
The development trend of electronic grade ethanol
The market size continues to expand, but the growth rate is not high
As the global electronics market continues to grow, so will the demand for electronic grade ethanol. Therefore, it is reasonable to expect that the market size of electronic grade ethanol will further expand in the future. In addition, due to the substitution of electronic-grade isopropanol and electronic-grade methanol for electronic-grade ethanol, the future growth rate of electronic-grade ethanol will not be too high.
The technical level is constantly improving, and the impurity content of the product is gradually reduced
In order to meet the manufacturing needs of high-precision electronic products, the production technology of electronic grade ethanol will be continuously upgraded and improved to ensure the high quality and reliability of the products. The metal impurity content of electronic grade ethanol will be further reduced.
The overall scale and prospect of global electronic grade ethanol**
In 2022, the global electronic grade ethanol market sales reached 0$2.6 billion and is expected to reach $0 in 2029$3.4 billion, with a compound annual growth rate (CAGR) of 422%（2023-2029）。
In terms of consumption, China is currently the world's largest consumer market, accounting for 38 percent in 202206% market share, which is expected to reach 0$1.4 billion, with a CAGR of 5 for the period 2023-202934%。
On the production side, China and South Korea are two important production regions, accounting for 4931% and 27With a market share of 99%, China is expected to maintain the fastest growth rate in the next few years, and the share is expected to reach 53% in 2029.
In terms of product type, G3 occupies an important position, and its share is expected to reach 72% in 2029. At the same time, in terms of application, the share of cleaning in 2022 is 8833%, with a CAGR of about 4% in the next few years.
At present, the world's major manufacturers include Dongwoo Fine-Chem, Honeywell, Xilong Science, Jianghua Micro and Jingrui Electric Materials, etc., with a share of more than 91% in 2022, and it is expected that the industry competition will become more fierce in the next few years, especially in the Chinese market.
The production and purification technology of electronic grade ethanol needs to reach a very high level to ensure the high quality and reliability of the product. If the enterprise cannot master the advanced production technology, or the technology research and development is insufficient, it will face technical risks, affecting the competitiveness and quality of products.
At present, the scale of production of electronic grade ethanol is not large, which makes it difficult for enterprises to further reduce the production cost of electronic grade ethanol. In addition, most enterprises adopt the model of on-demand production and production after order confirmation, which further hinders the development of the electronic grade ethanol industry.
At present, the application of electronic grade ethanol has a very high degree of overlap with isopropanol and other products, and is widely replaced by other solvent-based products in the market.
With the development of the global electronics manufacturing industry, the demand for traditional electronic products is gradually saturated, and the rapid development of emerging technology fields such as artificial intelligence, Internet of Things, 5G, etc., has increased the demand for electronic grade ethanol.
The Sino-US friction has led to the instability of the first chain and technical support of some key raw materials in China, which is an opportunity for China to develop the electronic grade ethanol industry. China has been promoting industrial structure upgrading and technological innovation, and electronic grade ethanol, as a key chemical material for the production and manufacture of electronic semiconductors, has received the attention and support of the industry, which will help promote the development of the industry.
As the world's largest electronics manufacturing country, China has a huge demand for electronic grade ethanol. With the transformation and upgrading of China's economic structure and consumption upgrading, the quality and performance requirements of electronic products are getting higher and higher, and the demand for electronic grade ethanol is also increasing.
As many countries and regions around the world gradually increase the demand for clean energy and environmentally friendly materials, electronic grade ethanol has huge market potential as a low-carbon, renewable alternative. Especially in the electronics manufacturing process, electronic grade ethanol can replace traditional organic solvents, reducing harm to the environment and employees.
This article **The latest version of the industry report of "Global and China Electronic Grade Ethanol Market Status and Future Development Trend" published by QYResearch Research Institute in 2024
This report studies the capacity, production, volume, value,** and future trends of electronic grade ethanol in the global and China markets. It focuses on the analysis of product characteristics, product specifications, sales volume, sales revenue and market share of major manufacturers in the global and Chinese markets. Historical data from 2018 to 2022 and **data from 2023 to 2029.