According to the Huatai Securities Research Report, on the demand side, AI computing power expansion drives an increase in the power consumption of optical modules. With advantages such as high thermal conductivity, high insulation, and high thermal adaptability, Huatai Securities estimates that in 2027, optical modules are expected to drive demand for high-end aluminum nitride powder to exceed 2,000 tons. On the supply side, Japanese companies are affected by rare earth controls, and the supply of raw materials is limited, compounded by strong downstream demand. Mismatched supply and demand are expected to drive price increases. Domestic companies are actively promoting production line climbing and customer introduction, or ushering in domestic replacement opportunities.

According to the Huatai Securities Research Report, on the demand side, AI computing power expansion drives an increase in the power consumption of optical modules. With advantages such as high thermal conductivity, high insulation, and high thermal adaptability, Huatai Securities estimates that in 2027, optical modules are expected to drive demand for high-end aluminum nitride powder to exceed 2,000 tons. On the supply side, Japanese companies are affected by rare earth controls, and the supply of raw materials is limited, compounded by strong downstream demand. Mismatched supply and demand are expected to drive price increases. Domestic companies are actively promoting production line climbing and customer introduction, or ushering in domestic replacement opportunities.