With geopolitics driving changes in the industrial environment, Southeast Asia has newly become a global center of manufacturing. Eternal Materials, a major, all-inclusive materials supplier with extensive experience in the fields of automotive electronics and PCB, has recently expanded its presence in Thailand in a move to improve its local service quality. While the current production capacity of Eternal Materials' separation plant in Thailand meets existing market demand, there has recently been an increase in customers from various countries establishing plants in Thailand. In response to this emerging market-derived demand, Eternal Materials has built a new separation plant in the Southeast Asian country that is expected to begin operations in Q4 of 2025.
Founded in 1964, Eternal Materials has three major business divisions: High Performance Materials, Electronic Materials, and Resins Materials. Notably, its Electronic Materials division has solid capabilities in formula design, with the company being one of the world's leading suppliers of dry film photoresists. Furthermore, as one of the world's three largest suppliers of photo-curing raw materials and a frontrunner in synthetic resin technology in Asia, Eternal Materials has continued to combine its major advantages in service and technology over the years to offer unparalleled support to its customers.
With rapid changes in the geopolitical landscape, global manufacturing has begun to strengthen its presence in Southeast Asia to mitigate risks, with Malaysia, Vietnam, and Thailand being key destinations. If we observe the industrial layout, we see that Malaysia has a high demand for PCB substrates, while Vietnam focuses on flexible printed circuit boards, and Thailand mainly focuses on automotive and consumer electronics. Thailand's share of demand in the Southeast Asian PCB market exceeds 60%, and the market is still growing rapidly.
Eternal Materials currently operates a separation plant in Thailand, with a market share of more than 50% and a prominent market position. Its production capacity can already meet local market orders for 2026. The new separation plant that will begin operations in 2025 will be able to meet growing customer demand, enhance local service quality, mitigate geopolitical risks, and provide flexible responses to market fluctuations.
Concerning technology, Eternal Materials leads the market in dry film photoresist PCB technology. With more than 30 years of core technologies in precision coating and resin synthesis and formulation, it can meet the various product requirements of its customers As for the automotive electronics sector, Eternal Materials' products have passed stringent automotive standards, helping automotive electronics customers expedite product development and capitalize on market opportunities.
In addition to Thailand, Eternal Materials has also established a foothold in Malaysia and Vietnam. The Penang sales office in Malaysia is set to begin operations in the fourth quarter of 2024, and its Johor Bahru plant will go into production in Q4 of 2025. As for Vietnam, the company has a sales office in Ho Chi Minh City to serve the local customer base. Moving forward, Eternal Materials will make Thailand the cornerstone of its operations presence in the Southeast Asian market. Tailoring its approach to meet the needs of local customers, Eternal Materials will dynamically adjust production capacity and supply chains to ensure prompt and satisfactory responses to customer needs.
Eternal Materials (booth number: 609) will also exhibit its various solutions at the inaugural Thailand Int'l PCB and Electronics Manufacturing Exhibition (which runs from 2/29 to 3/2) co-organized by the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) and Taiwan Printed Circuit Association (TPCA). People from all sectors are welcome to visit the booth, where a service team can provide you with professional consultation.
Eternal Materials provides flexible and immediate sales services for customers