Development prospect forecast of electronic materials industry from 2021 to 2027

1. Analysis on market opportunities and development space of China"s electronic material industry

Electronic material industry is the core of the development of the new generation of information technology industry. It is a strategic, basic and leading industry supporting economic and social development. With the rapid development of China"s electronic information industry, the corresponding electronic material industry has also ushered in high-speed development and become one of the faster and more dynamic industries in the field of new materials.

According to the guiding opinions on expanding investment in strategic emerging industries, cultivating and expanding new growth points and growth poles issued in September 2020, it is proposed to accelerate the quality and efficiency improvement of the new generation of information technology industry, accelerate the tackling of core technologies such as basic materials, key chips, high-end components, new display devices and key software, and vigorously promote the construction of key projects and major projects; Accelerate the strength and weakness of the new material industry, and accelerate the breakthrough in the fields of high-strength and high conductivity heat-resistant materials, corrosion-resistant materials, large-size silicon wafers, electronic packaging materials and so on; Accelerate the leapfrog development of new energy industry, accelerate the breakthrough of new energy power technology bottlenecks such as wind, water and storage complementarity, advanced fuel cells and efficient energy storage, and accelerate infrastructure networks such as distributed energy and fuel cell systems. Under the background of strong promotion of national policies, it is expected that the electronic material industry will usher in a new round of growth during the 14th Five Year Plan period.

At the same time, the development of the demand side is also driving the rapid expansion of the market scale of the electronic material industry. Electronic materials have a wide range of downstream applications, including integrated circuits, 5g communications, intelligent terminals, photovoltaic, new energy vehicles and other strategic emerging industries. As for the integrated circuit industry, according to PwC"s strategic data, the sales of China"s integrated circuit industry increased from 433.6 billion yuan in 2016 to 884.8 billion yuan in 2020, with a compound annual growth rate of 19.64%. The sales scale of the integrated circuit industry increased rapidly. With the gradual transfer of the semiconductor industry chain to Asia, it is expected that the market scale will continue to grow in the future. For the smart terminal industry, the shipment volume of smart phones is high, the product iteration and update is fast, and other products such as smart wear and tablet computers are also growing rapidly. The photovoltaic industry has witnessed rapid growth in recent years. In 2020, the newly added photovoltaic grid connected installed capacity reached 48.2gw, an increase of 60.1% year-on-year, and the cumulative photovoltaic grid connected installed capacity reached 253gw. With the continuous support of national policies for the photovoltaic industry, it is expected that the scale of photovoltaic power generation market will continue to expand. In the field of 5g communication and new energy, with the support of national industrial policy and industrial drive, it will also drive the rapid development of electronic materials.

Therefore, with the support of national industrial policies and the promotion of downstream application fields, China"s electronic material industry will have broader market opportunities and development space.

2. Analysis of main application fields in electronic materials industry

(1) Development of integrated circuit industry

As the foundation of global information industry, integrated circuit industry has become the development foundation of global electronic information technology innovation. Integrated circuits are widely used in consumer electronics, communications, computers, transportation, aerospace and other fields, affecting the development and life of the world. Smart wearable devices, smart homes and other Internet of things

The rapid development of new markets has also promoted the future development of the integrated circuit industry.

Driven by market demand and national policies, the sales scale of China"s integrated circuit industry has increased rapidly. According to the statistics of China Semiconductor Industry Association, the sales volume of China"s integrated circuit industry in 2020 was 884.8 billion yuan, a year-on-year increase of 17.00%. The rapid development of smart devices, wearable smart phones and other industries in China, as well as the rapid upgrading of smart devices and wearable smart devices, have promoted the rapid development of smart devices and other industries in China. With the continuous upgrading of industry technology, chip design and wafer manufacturing in integrated circuits have developed rapidly.