Electronic Specialty Gases — China's Semiconductor Industry Drives Demand Acceleration
AcCording to Huao Industry Research Institute data, China's integrated circuit sector accounts for 42% of total electronic specialty gas demand, while the display panel sector accounts for 37%. China's integrated circuit industry technology level and scale still lag behind leading global regions, creating growth opportunities .
China's semiconductor industry is actively undertaking the third global semiconductor industry transfer. With rapid growth in artificial intelligence, new energy, and other strategic emerging industries, wafer fabs continue to expand capacity, accelerating domestic electronic specialty gas demand .
Hua Tai Securities projects China's electronic gas market will reach 22.2 billion RMB in 2026, growing 7% year-on-year, with further growth to 29.8 billion RMB by 2030, representing a compound annual growth rate of 7% from 2026-2029 .
The electronic specialty gas localization rate is expected to increase from 9% in 2018 to 25% in 2025. In 2024, Chinese listed companies accounted for 40% of the domestic electronic gas market share .
Key domestic electronic specialty gas companies include CSIC Special Gas, Huate Gas, Jinhong Gas, Guanggang Gases, and Nanda Optoelectronics. Nanda Optoelectronics reported first-half 2025 revenue of 1.229 billion RMB, up 9.48% year-on-year .
Sources:
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Huao Industry Research Institute, March 27, 2026
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Hua Tai Securities Research Report, March 19, 2026











