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The chemical industry plays a fundamental supporting role for the automotive and electronics/electrical industries. The innovation of chemical technology and products has a direct contribution to the development and coordination of the entire economy. Therefore, for the Japanese special fine chemicals industry, it is of even greater significance to carry out technical innovations and seek to establish a firm position in the global specialty fine chemical market and develop new high value-added products and applications.
The increase in raw material costs, extrusion of profitable space special fine chemicals has a wide range of applications, and is widely used in the production of pharmaceuticals, cosmetics, coatings, agrochemicals, printing inks, adhesives, surfactants, aromatics, catalysts and dyes. application. Although sales of certain specialty fine chemicals markets rebounded in 2004 due to the recovery of the Japanese economy, in general, the sales volume of most Japanese fine chemicals has stagnated or even declined in the past few years. At present, users of special fine chemicals in Japan are fighting hard with rising raw material prices.
In November 2005, many paint and printing ink producers lost revenue and profitability. The decrease in profit was mainly due to the increase in raw material prices and the increase in production costs. The paint industry has been relatively successful in shifting increased production costs into product prices, but the printing ink industry can only absorb the added production costs itself. At the same time, the average prices of flat inks and news inks have instead declined. Other consumer chemicals industries (such as cosmetics and accessories) are similar to the printing ink industry.
Track new demands and seek added value The overall development trend of the special fine chemical industry is not necessarily consistent with the development trend of individual products. Japan's domestic specialty fine chemical market is no longer as stable as it used to be, and its limited market share will inevitably change. For example, the market for environmentally friendly coatings, adhesives, and printing inks is growing. Water-based and emulsion-based products are replacing traditional solvent-based products. Therefore, improving the cost-competitive advantage of daily chemicals and upgrading and developing new products based on user needs are crucial to its development.
Although the production quantity and sales value cannot be compared with conventional chemicals, the electronic chemicals market is growing steadily and has become the focus of attention. In particular, the electronic chemicals market for electronic components and devices, including semiconductors and flat panel displays, has grown even more rapidly.
With the popularity of car navigation systems, the demand for electronic devices will gradually increase. This will increase the convergence of the automotive industry and the electronics industry, thus making the application of electronic chemicals more broad. The technical links between industry and various disciplines are also increasing, which makes it particularly important for electronic chemicals to develop new technologies and seek opportunities for integration with other fields. Dyes are a good example. With the hollowing out of Japan's domestic textile industry, the dye market began to shrink dramatically after peaking in 1991. In 2005, the number of domestic dyes sold in Japan was only about one-third of that in 1991. However, dye technology plays an extremely important role in the production of specialty colorants for information recording media and display material products.
Strengthen competitiveness, focus on details The 21st century is a century of chemistry. Chemistry plays a crucial role in many areas including electronics and information technology, automotive, life sciences, energy, and the environment. Developing new technologies and products in cross-application areas is critical to the development of the chemical industry. Japan's specialty fine chemical manufacturers recognize this trend and continuously adjust their strategic priorities to take advantage of global market competition.
Sumitomo Chemical strives to develop the intermediate business. At present, it ranks first in Japan's pharmaceutical raw material medicine/medicine intermediate business sales revenue and is striving to become the world's top ten. Its long-term goal is to become the top three APIs / pharmaceutical intermediates worldwide, with sales revenue of 50 billion yen.
Asahi Kasei Chemicals is strengthening its microcrystalline cellulose and related businesses with a focus on health care products. The company's microcrystalline cellulose products are mainly used as pharmaceuticals and food additives and can impart new properties to the added products. Asahi Kasei Chemicals actually formed a monopoly on the product market. The overall development goal of Asahi Kasei Chemicals is to double its sales revenue from its pharmaceutical and food additives business by 2010. Iodide compound Manac has implemented a comprehensive business development strategy centered on iodine compounds. The company's iodine business covers production of iodine and new iodine compounds from raw materials to iodine waste recycling systems. The domestic demand for iodine in Japan is expected to grow steadily, causing fears of a shortage of iodine supply in the future. As Japan's iodine resources are limited, it is difficult to increase iodine production significantly. Therefore, recycling and recycling of iodine have important practical significance.
Japan's special fine chemical industry strong start
Japan's special fine chemical industry plays an important role in industrial products such as automobiles, electronic equipment, and digital home appliances, and it has become a pillar industry in Japan that claims to be a country based on technology. With the gradual increase in the cost of basic raw materials such as crude oil and naphtha, the situation facing the special fine chemical industry in the middle and lower reaches of the chemical industry is increasingly serious. The main reason is that increased production costs are difficult to shift to the prices of downstream products of fine chemicals. Due to the lack of resources, Japan's special fine chemical industry conducts research and development, and it is particularly urgent to achieve product differentiation in the global market and to convert high value-added products.