Special Gases: food for modern industry. As a new category of industrial gases, special gases are developed with the development of national defense industry, scientific research, automation technology, precision detection, especially microelectronics technology in recent years. Generalized "electronic gases" means can be used for the gas used in the electronics industry, is one of the most important raw materials, can be divided into electronic specialty gases and bulk gases, electronic gases are widely used in ion implantation, etching, vapor deposition, such as doping process, known as integrated circuits, LCD, LED, and photovoltaic materials such as "food" and "source".

Capacity transfer, downstream industry rapid development. Special gases are widely used in integrated circuits, display panels, photovoltaic energy, optical fiber and cable, new energy vehicles, aerospace, environmental protection and medical and other emerging industries. In the field of integrated circuits, the sales scale of integrated circuits in mainland China has grown rapidly from 215.8 billion yuan to 653.1 billion yuan in 2018, with a compound growth rate of 20.27%, far surpassing other regions in the world. In the display panel sector, ACCORDING to IHS, the CAGR of the area of new display panel demand is expected to reach 4% globally between 2016 and 2025, growing to 266 million square meters by 2025.

The gas market continues to grow. The global specialty gas market maintains a steady growth trend, among which the asia-pacific region has the fastest growing demand for specialty gas. It is estimated that the market size will reach 16.8 billion US dollars in 2020, accounting for 25.80% of the global specialty gas market. The market size of China's special gas has increased from 11.814 billion yuan in 2010 to 29.649 billion yuan in 2018, and the CAGR is 12.19%. It is estimated that the market size will reach 108.7 billion yuan in 2024. The market scale of electronic special gas increased from 3.899 billion yuan in 2010 to 12.156 billion yuan in 2018, and it is expected that the market scale of electronic special gas in China will reach 23 billion yuan in 2024.

Foreign oligopoly, localization is imperative. Electronic special gas industry has a high entry barrier, air Chemical, Linde Group, Air Liquide and Dayang Racid and other four companies control more than 90% of the global market share, presenting an oligopoly pattern. In the domestic market, the four overseas gas giants control 88% of China's electronic gas market share, domestic gas companies only account for 12% of the total market share, domestic enterprises account for a relatively low share. At present, domestic enterprises such as Jacques Science and Technology, China Shipbuilding Heavy Industry 718 institute, Huate Gas, Haohua Science and Technology have successively made breakthroughs and are expected to gradually realize import substitution in the future.