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Electronic Chemicals and Materials Market Size, Share, Trends, Growth Outlook

Electronic Chemicals and Materials Market Outlook, 2023- Trends, Growth Opportunities, and Market Size Forecasts by Types (Solid, Liquid, Gas), Products (Wafers, Specialty Gases, Photoresists/Ancillary Chemicals, CMP slurries and pads, Wet chemicals and others), Applications (IC Manufacturing, PCB Manufacturing, Semiconductor Packaging), Companies and Countries to 2030

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  • |Published Month : February, 2024
  • |No. of Pages : 205

The electronic chemicals and materials market is poised to register 5.64% growth over the forecast period. The report provides market trends, growth opportunities, and market size forecasts of solid, liquid, and gas electronic chemicals and materials. Further, wafers, specialty gases, photoresists, ancillary chemicals, CMP slurries, pads, wet chemicals, and other products are forecast for 2030. Further, key applications of IC manufacturing, semiconductor packaging, and other uses are analyzed in the industry analysis. Leading companies are also analyzed including their SWOT profiles, product offerings, financial profile, and market developments are included. Further, Electronic chemicals and materials market size forecasts for 25 countries are provided from 2021 to 2030.

 

Electronic Chemicals and Materials Market Size Outlook (US$ Billion) and Growth Forecasts (%), 2021- 2030

The global market for chemicals and materials used in the production of electronics including Integrated Circuits (ICs), PCBs, and packaging is one of the largest and fastest-growing industries. The adoption of the Internet of Things (IoT) across end-user industries is driving the demand for sensors and related ICs. Further, the ongoing trend towards miniaturization of electronics with mass production supports the industry.

PCB fabrication and semiconductor packaging are witnessing huge demand driven by demand from smartphones, High definition TVs, computing peripherals, digital cameras, wireless devices, portable medical technology devices, EV automobiles, and others.

On the other hand, the industry is subject to stringent environmental regulations such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) mandate manufacturers to invest significantly to adhere to these regulations.

Electronic Chemicals and Materials Market Size Outlook, 2023- 2030

The global Electronic Chemicals and Materials market size stood at $57 billion in 2022. Further, strong end-user industry demand is driving the market outlook. From 2023 to 2030, the Electronic Chemicals and Materials market is likely to register a steady revenue increase at a compounded annual growth rate of 5.64 percent to reach $88.2 billion by 2030.

 

Electronic Chemicals and Materials Market Share Analysis- Wafers dominate the global electronic chemicals and materials with over 45% market share
 

Wafers are the largest type of electronic chemicals and materials. Strong demand from major markets such as Semiconductor manufacturing, Photovoltaic manufacturing, Flat panel display manufacturing, and others support the market growth. Wafers, Specialty Gases, Photoresists/Ancillary Chemicals, CMP slurries and pads, wet chemicals, and others are the leading types.

 

Electronic Chemicals and Materials Market Trends- Increasing R&D investments by manufacturing companies

Manufacturing companies in the chemicals for the electronics industry are emphasizing R&D activities in widening the application, imparting advanced properties, and marketing in wide forms including liquid, solid and gaseous across cleaning, chip packaging, product insulation, and other stages.

These highly sophisticated chemicals and materials are produced with superior product quality and companies emphasize setting up a reliable supply base. Precision analysis, use of sophisticated analytical tools, and others aimed at optimized efficiency cost reduction and launching a broad range of electronic chemicals and material products and services.

Further, local production capacity enhancement, emphasis on packaging materials focused on semiconductors, embracing technological advances, and concluding long-term contracts are among the key strategies observed in the global electronic chemicals and materials industry.

 

Electronic Chemicals and Materials Market Growth Analysis- China continues to register the fastest growth

Among countries, China is the fastest-growing market with over 7.5% CAGR, followed by other Asian markets. Large-scale electronics manufacturing capability in Asian markets such as China, Taiwan, South Korea, and Japan supports the market. Further, strong demand in regional markets supports the market. On the other hand, developed markets such as the US, Western Europe, Japan, and others will register relatively low growth rates.

 

Solid Form Electronic Chemicals and Materials hold the largest market share in 2022-

Electronic Chemicals and Materials Market Share- Solid, Liquid, Gas

The report analyses the electronic chemicals and materials market into different forms including solid form, liquid form, and gas form. Of these, the solid form is the dominant segment, accounting for 47.8% market share, followed by liquid form with 36.1% market share and gas form with 16.1% market share.

 

Electronic Chemicals and Materials Market Segmentation

Types

  • Solid
  • Liquid
  • Gas

 

Product

  • Wafers
  • Specialty Gases
  • Photoresists/Ancilliary Chemicals
  • CMP slurries and pads
  • Wet chemicals and others

 

Applications

  • IC Manufacturing
  • PCB Manufacturing
  • Semiconductor Packaging

 

Companies

  • Air Products and Chemicals Inc
  • Ashland Corp
  • Linde Plc
  • BASF SE
  • Bayer AG
  • Cabot Corp
  • Honeywell International Inc
  • Huntsman Corp
  • Merck Group
  • Dow Chemical Company

1. Executive Summary

1.1 Introduction to Electronic Chemicals and Materials Markets

1.2 Electronic Chemicals and Materials Market Size Outlook, 2021- 2030

1.3 Growth Opportunities in the Electronic Chemicals and Materials Industry

1.4 Winning Strategies for the post-pandemic future

 

2. Report Guide

2.1 Market Definition and Scope

2.2 Market Segmentation

2.3 Research Methodology

2.4 Forecast Methodology

2.5 List of Abbreviations

 

3. Growth Opportunity Analysis

3.1 Key Electronic Chemicals and Materials Market Trends

3.1.1 The telecommunication industry presents strong growth prospects

3.1.2 Advanced electronics support the demand for sophisticated electronic chemicals and materials

3.1.3 The rapid growth of the market attracts new players

 

3.2 Key Electronic Chemicals and Materials Market Growth Drivers

3.2.1 R&D investments in advancements in electronic materials

3.2.2 Rapid demand growth in developing economies

 

3.3 Key Electronic Chemicals and Materials Market Growth Restraints

3.3.1 Semiconductor supply fluctuations

3.3.2 Government regulations corresponding to electronic chemicals

 

4 Electronic Chemicals and Materials Market Outlook – Scenario Analysis

4.1 Low Growth Case Scenario Forecasts: Electronic Chemicals and Materials Market Size Outlook to 2030

4.2 Reference Growth Case Scenario Forecasts: Electronic Chemicals and Materials Market Size Outlook to 2030

4.3 High Growth Case Scenario Forecasts: Electronic Chemicals and Materials Market Size Outlook to 2030

 

5. Electronic Chemicals and Materials Market Segmentation- Outlook by Type

5.1 Electronic Chemicals and Materials Market Share Analysis by Type, 2023

5.2 Solid Electronic Chemicals and Materials: Market Outlook to 2030

5.3 Liquid Electronic Chemicals and Materials: Market Outlook to 2030

5.4 Gas Electronic Chemicals and Materials: Market Outlook to 2030

 

6. Electronic Chemicals and Materials Market Segmentation- Outlook by Product

6.1 Electronic Chemicals and Materials Market Share Analysis by Product, 2023

6.2 Wafers: Electronic Chemicals and Materials Market Outlook to 2030

6.3 Specialty Gases: Electronic Chemicals and Materials Market Outlook to 2030

6.4 Photoresists/Ancillary Chemicals: Electronic Chemicals and Materials Market Outlook to 2030

6.5 CMP slurries and pads: Electronic Chemicals and Materials Market Outlook to 2030

6.6 Wet chemicals and others: Electronic Chemicals and Materials Market Outlook to 2030

 

7. Electronic Chemicals and Materials Market Segmentation- Outlook by Application

7.1 IC Manufacturing: Electronic Chemicals and Materials Market Share Analysis by Application, 2023

7.2PCB Manufacturing: Electronic Chemicals and Materials Market Outlook to 2030

7.3 Semiconductor Packaging: Electronic Chemicals and Materials Market Outlook to 2030

 

8. North America Electronic Chemicals and Materials Market Outlook and Opportunities to 2030

8.1 Market Snapshot, 2023

8.2 North America Electronic Chemicals and Materials Market Growth Opportunities

8.2.1 North America Electronic Chemicals and Materials Market Outlook by Type, 2021 to 2030

8.2.2 North America Electronic Chemicals and Materials Market Outlook by Application, 2021 to 2030

8.2.3 North America Electronic Chemicals and Materials Market Outlook by Country, 2021 to 2030

8.3 United States Electronic Chemicals and Materials Market Outlook, 2021 to 2030

8.4 Canada Electronic Chemicals and Materials Market Outlook, 2021 to 2030

8.5 Mexico Electronic Chemicals and Materials Market Outlook, 2021 to 2030

 

9. Europe Electronic Chemicals and Materials Market Outlook and Opportunities to 2030

9.1 Market Snapshot, 2023

9.2 Europe Electronic Chemicals and Materials Market Growth Opportunities

9.2.1 Europe Electronic Chemicals and Materials Market Outlook by Type, 2021 to 2030

9.2.2 Europe Electronic Chemicals and Materials Market Outlook by Application, 2021 to 2030

9.2.3 Europe Electronic Chemicals and Materials Market Outlook by Country, 2021 to 2030

9.3 Germany Electronic Chemicals and Materials Market Outlook, 2021 to 2030

9.4 France Electronic Chemicals and Materials Market Outlook, 2021 to 2030

9.5 United Kingdom Electronic Chemicals and Materials Market Outlook, 2021 to 2030

9.6 Spain Electronic Chemicals and Materials Market Outlook, 2021 to 2030

9.7 Italy Electronic Chemicals and Materials Market Outlook, 2021 to 2030

9.8 Other Europe Electronic Chemicals and Materials Market Outlook, 2021 to 2030

 

10. Asia Pacific Electronic Chemicals and Materials Market Outlook and Opportunities to 2030

10.1 Market Snapshot, 2023

10.2 Asia Pacific Electronic Chemicals and Materials Market Growth Opportunities

10.2.1 Asia Pacific Electronic Chemicals and Materials Market Outlook by Type, 2021 to 2030

10.2.2 Asia Pacific Electronic Chemicals and Materials Market Outlook by Application, 2021 to 2030

10.2.3 Asia Pacific Electronic Chemicals and Materials Market Outlook by Country, 2021 to 2030

10.3 China Electronic Chemicals and Materials Market Outlook, 2021 to 2030

10.4 Japan Electronic Chemicals and Materials Market Outlook, 2021 to 2030

10.5 India Electronic Chemicals and Materials Market Outlook, 2021 to 2030

10.6 South Korea Electronic Chemicals and Materials Market Outlook, 2021 to 2030

10.7 Indonesia Electronic Chemicals and Materials Market Outlook, 2021 to 2030

10.8 Other Asia Pacific Electronic Chemicals and Materials Market Outlook, 2021 to 2030

 

11. South and Central America Electronic Chemicals and Materials Market Outlook and Opportunities to 2030

11.1 Market Snapshot, 2023

11.2 South and Central America Electronic Chemicals and Materials Market Growth Opportunities

11.2.1 South and Central America Electronic Chemicals and Materials Market Outlook by Type, 2021 to 2030

11.2.2 South and Central America Electronic Chemicals and Materials Market Outlook by Application, 2021 to 2030

11.2.3 South and Central America Electronic Chemicals and Materials Market Outlook by Country, 2021 to 2030

11.3 Brazil Electronic Chemicals and Materials Market Outlook, 2021 to 2030

11.4 Argentina Electronic Chemicals and Materials Market Outlook, 2021 to 2030

11.5 Other Latin America Electronic Chemicals and Materials Market Outlook, 2021 to 2030

 

12. Middle East and Africa Electronic Chemicals and Materials Market Outlook and Opportunities to 2030

12.1 Market Snapshot, 2023

12.2 Middle East and Africa Electronic Chemicals and Materials Market Growth Opportunities

12.2.1 Middle East and Africa Electronic Chemicals and Materials Market Outlook by Type, 2021 to 2030

12.2.2 Middle East and Africa Electronic Chemicals and Materials Market Outlook by Application, 2021 to 2030

12.2.3 Middle East and Africa Electronic Chemicals and Materials Market Outlook by Country, 2021 to 2030

12.3 Saudi Arabia Electronic Chemicals and Materials Market Outlook, 2021 to 2030

12.4 United Arab Emirates (the UAE) Electronic Chemicals and Materials Market Outlook, 2021 to 2030

12.5 Other Middle East Electronic Chemicals and Materials Market Outlook, 2021 to 2030

12.6 Egypt Electronic Chemicals and Materials Market Outlook, 2021 to 2030

12.7 South Africa Electronic Chemicals and Materials Market Outlook, 2021 to 2030

12.8 Other Africa Electronic Chemicals and Materials Market Outlook, 2021 to 2030

 

13. Profiles of major world Electronic Chemicals and Materials Companies

13.1 Air Products and Chemicals Inc

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.2 Ashland Corp

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.3 Linde Plc

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.4 BASF SE

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.5 Bayer AG

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.6 Cabot Corp

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.7 Honeywell International Inc

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.8 Huntsman Corp

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

- Financial Profile

 

13.9 Merck Group

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

13.10 Dow Chemical Company

- Key Statistics

- Business Operations

- Products and Services Offered

- SWOT Analysis

- Financial Profile

 

14. Appendix

14.1 Publisher’s Expertise

14.2 List of Tables and Charts

14.3 List of Exhibits

14.4 Legal Disclaimer

 

Types

  • Solid
  • Liquid
  • Gas

 

Product

  • Wafers
  • Specialty Gases
  • Photoresists/Ancilliary Chemicals
  • CMP slurries and pads
  • Wet chemicals and others

 

Applications

  • IC Manufacturing
  • PCB Manufacturing
  • Semiconductor Packaging

Frequently Asked Questions

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