2025年中国光固化材料行业市场规模、竞争格局及发展趋势分析：环保政策推动，行业未来发展前景可期[图]

Industry Overview - Photocurable materials are special substances that can undergo physical or chemical changes under light conditions, transitioning from liquid to solid. This process is rapid and efficient, leading to widespread applications in various fields [1][32]. - The industry chain of photocurable materials includes upstream raw materials such as monomers, oligomers, photoinitiators, and additives; midstream manufacturers of curing material formulations and related irradiation equipment; and downstream applications in sectors like home building materials, home appliances, automotive, consumer electronics, ink printing, and optical fibers [1][32]. Photoinitiators - Photoinitiators absorb light energy and convert it into chemical energy to initiate polymerization reactions. They are widely used in fields ranging from PCB manufacturing to 3D printing, coatings, adhesives, electronic materials, and biomedical applications. The demand for high-quality photoinitiators is steadily increasing due to the expansion of these downstream applications [3][34]. - In July 2024, the Ministry of Industry and Information Technology and 11 other departments released a plan to reduce high VOC solvent-based coatings and promote environmentally friendly radiation-cured coatings, creating a favorable environment for the development of photoinitiators. However, the market size of China's photoinitiator industry experienced a decline in 2022 due to weak downstream demand, with a projected market size of 4.83 billion yuan in 2024, expected to reach 9 billion yuan by 2030 [3][34]. Current Development of the Industry - The photocurable materials industry has been significantly propelled by stringent environmental policies encouraging the reduction of solvent-based products and the adoption of eco-friendly alternatives. The "dual carbon" strategy has positioned photocurable materials as a key pillar for energy conservation and emission reduction [5][36]. - In 2021, the market size of China's photocurable materials industry reached 19.865 billion yuan, a year-on-year increase of 38.8%. However, the market size declined in 2022 due to weak downstream demand but is expected to recover, reaching 20 billion yuan in 2024, a year-on-year increase of 2.6% [5][36]. - The production of photocurable materials in China was 455,600 tons in 2018, projected to grow to 900,000 tons by 2024, with a compound annual growth rate of 12.0%. Sales are expected to increase from 395,900 tons in 2018 to 790,000 tons in 2024, with a compound growth rate of 12.2% [7][38]. Competitive Landscape - The global photocurable materials market is dominated by a few chemical giants such as BASF, Dow Chemical, and Toagosei, which leverage technology, patents, and global supply chain advantages to maintain a stronghold in the high-end market. China, as a major producer, accounts for over half of the global production capacity, but the market is fragmented, with leading companies focusing on high-end products while smaller firms engage in price competition in the mid-to-low-end market [10][41]. Key Companies - Tianjin JiuRi New Materials Co., Ltd.: Established in 1998, this national high-tech enterprise specializes in photoinitiators and other photocurable materials. The company reported a revenue of 1.167 billion yuan in 2024, a year-on-year increase of 18.59% [12][43]. - Changzhou Strong Electronic New Materials Co., Ltd.: Founded in 1997, this high-tech enterprise focuses on UV curing technology and electronic materials. The company achieved a revenue of 720 million yuan in the first three quarters of 2025, a year-on-year increase of 3.12% [14][45]. - Guangzhou Jitai Chemical Co., Ltd.: This company specializes in environmentally friendly adhesives and coatings, having developed customized solutions for global clients over more than 30 years [12][43]. - Zhejiang Yangfan New Materials Co., Ltd.: Established in 2002, this company focuses on UV curing materials and sulfur-based fine chemicals, with applications in UV coatings, inks, and electronic chemicals [12][43]. - Shaanxi Yangling Tianyang Photocurable Materials Co., Ltd.: Founded in 2010, this comprehensive technology enterprise produces UV curing decorative panels and has an annual capacity of 2.85 million square meters [12][43]. Future Development Trends - Intelligentization: The industry is expected to leverage advancements in artificial intelligence, big data, and the Internet of Things to enhance production, quality control, and supply chain management, leading to more automated and intelligent manufacturing processes [16][47]. - Green Development: The industry will increasingly focus on developing environmentally friendly curing materials, optimizing production processes, and promoting recycling, aligning with stricter environmental policies and growing consumer demand for sustainable products [17][48]. - Internationalization: Companies will prioritize international market expansion to enhance competitiveness and achieve sustainable development, necessitating the formulation of effective international strategies and brand building [18][49].