Market prospect of Initiator industry in China

  According to a 168 report net newly released "2021-2027 China light initiator market present situation and future development trends, market research report, light initiator is the core of manufacturing light curing materials of raw materials, and the light curing material is a traditional alternative solvent paint, printing ink, adhesive, as well as countries to reduce VOCs emissions and control air pollution, the method of And because light curable materials have excellent characteristics of environmental protection, high efficiency, energy saving, wide adaptability, and so on, they are widely used in many fields of national economy. With the improvement of environmental protection requirements and technological improvement in various countries around the world, the application scope of light curable materials continues to expand, and the market demand continues to expand.
  In the international market, IGM is the largest initiator supplier by acquiring Lamberti photoinitiator business unit, Beijing Yingli and part of BASF photoinitiator business unit. However, due to the over-concentration of upstream and downstream of the global photoinitiator market, In addition, the products of IGM matrix are slowly localized. For example, the new 10,000-ton Anqing factory is now an advanced factory of IGM matrix.

  After more than ten years of fierce market competition, the concentration of domestic photoinitiator manufacturers began to become obvious, and the impact of the epidemic accelerated the development of this trend. Before, many small and medium-sized photoinitiator enterprises slowly withdrew from the market due to the lack of obvious benefits and the improvement of environmental protection policies.

  At present in the Chinese market, only Tianjin Jiuri New Materials and Changzhou strong competitive advantage is obvious, with the domestic environmental protection requirements of chemical enterprises strict, downstream application fields began to develop to more sophisticated, so the Chinese market does not rule out the possibility of further concentration.