Jokwang Paint Accelerates Global Market Entry with Adhesives

Jogwang Paint CI.

[Asia Economy Reporter Kim Jong-hwa] Jokwang Paint has begun to actively target the global market based on adhesives applied to advanced growth industries, such as backsheet adhesives for solar panels and polarizer adhesives for displays.

Jokwang Paint's backsheet adhesives for solar panels and polarizer adhesives for displays are representative advanced new technology businesses that Jokwang is focusing on. As the related markets where these products are used expand, Jokwang Paint's sales are expected to increase significantly.

The backsheet for solar cells is a thin multilayer plastic film that covers the rear side of solar panels, and Jokwang Paint's backsheet adhesives are used between these films.

About ten years ago, the backsheet adhesive market was mainly dominated by Japanese products, but Jokwang Paint succeeded in localization, and now solar modules using Jokwang Paint's adhesives are exported worldwide.

The polarizer adhesive field for displays is also remarkable. Polarizers are core components applied to both QLED and OLED displays, made by laminating multiple layers of film. Jokwang Paint has developed a high-transparency interlayer adhesive and a water-based PUD (Polyurethane Dispersion) used for stretching the base film, supplying these to Chinese customers. In particular, the interlayer adhesive is a UV type (photo-curable), which is evaluated to have superior production efficiency and functionality compared to conventional water-based types.

Recently, as most of the display material market has shifted to China, investment and demand in related industries within China are rapidly increasing. Jokwang Paint recently signed a contract with a new polarizer film manufacturer and has been supplying water-based PUD used in the acrylic film manufacturing stage of polarizers since last month.

A Jokwang Paint official stated, "We have begun to take a step forward as a full-fledged global chemical company," adding, "We will become a comprehensive chemical company that provides all customized chemical solutions that customers need."

This content was produced with the assistance of AI translation services.