- Silicon Wafers
- PCB Laminates
- Specialty Gases
- Wet Chemicals
- Photoresist Chemicals
- Others
Electronic Chemicals and Materials Market size was valued at USD 5,834.2 million in 2023 and is projected to grow at CAGR 10.2% from 2024 to 2030. The market for electronic chemicals and materials is expanding rapidly due to several important considerations. The growing market for cutting-edge electronics like wearables, tablets, and smartphones whose production calls for specialized materials and high-purity chemicals is one of the drivers. Furthermore, the need for complex electrical components is rising due to the quick development of technologies like 5G, AI, and the Internet of Things (IoT).The continuous development of novel electronic materials, such as enhanced photoresists and high-k dielectrics, which are necessary for next-generation semiconductor devices, presents opportunities in the market.
Moreover, new markets for electronic chemicals are opened by the development of electric cars and alternative energy technologies. Trends include an increasing emphasis on miniaturization and high-performance material that is driving innovation in both semiconductor manufacturing and electronic packaging. Other trends involve growing interest in sustainability with a search for 'green' or recyclable materials. Constraints include certain advanced electronic chemicals and materials being highly-priced, thereby rendering their use unviable in certain applications. Supply chain disruptions could also impact the availability of certain materials besides playing havoc with prices. It also faces regulatory challenges in environmental and safety standards that could impact market dynamics. The market is continuously expanding due to the rapid technological advancements in the industry and the high demand for sophisticated electronic products in the electronic chemicals and materials market.
Study Period
2024-2030Base Year
2023CAGR
10.2%Largest Market
Asia PacificFastest Growing Market
North America
Several major obstacles could hinder the growth and development of the electronic chemicals and materials industry. The high cost of sophisticated electronic chemicals and materials is one of the main obstacles, which can restrict their adoption and accessibility, especially in applications where cost is a concern. High-purity chemical and specialized material manufacture and refining frequently need intricate procedures and significant financial outlays, which drives up costs. Disruptions to the supply chain are another major risk since changes in raw material availability and geopolitical unpredictability can result in shortages and impact pricing stability.
Besides this, the whole industry is also obliged to adhere to extremely stringent regulatory requirements on environment and safety standards, which increases operational costs and complicates compliance. Rigorous testing and regulation quite often delay new material releases to market. Besides this, the rate of technological change in the industry of electronics is such that materials and chemicals will continue changing, and it is very difficult for manufacturers to keep pace with these changes. Aggregately, all these factors create an environment that is difficult to operate within for the stakeholders dealing with electronic chemicals and materials, affecting their capability for cost management, supply stability, and regulatory compliance in electronic chemicals and materials dynamics.
By Product Type
By Material type
By Application
Geography
The electronic chemicals and materials market was valued at USD 5,834.2 million in 2023 and is expected to grow at a CAGR of 10.2% over the forecast year to reach USD 11,514.7 million in 2030.
The electronic chemicals and materials market is growing with the production and consumption of semiconductors globally.
Increasing emphasis on miniaturization and high-performance material is driving innovation in both semiconductor manufacturing and electronic packaging.
Silicon wafers are the leading segment in the Market.
Asai-Pacific is the fastest-growing region in the electronic chemicals and materials market.
1.Executive Summary |
2.Global Electronic Chemicals and Materials Market Introduction |
2.1.Global Electronic Chemicals and Materials Market - Taxonomy |
2.2.Global Electronic Chemicals and Materials Market - Definitions |
2.2.1.Product Type |
2.2.2.Material type |
2.2.3.Application |
2.2.4.Region |
3.Global Electronic Chemicals and Materials Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Electronic Chemicals and Materials Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Electronic Chemicals and Materials Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Silicon Wafers |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. PCB Laminates |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Specialty Gases |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Wet Chemicals |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Photoresist Chemicals |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Others |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6.Global Electronic Chemicals and Materials Market By Material type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Stainless Steel |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fiber Reinforced Composites |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Engineered Plastics |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Aluminium Alloys |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Metal Backed |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Electronic Chemicals and Materials Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Semiconductors |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Integrated Circuits |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Printed Circuit Boards |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. others |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Electronic Chemicals and Materials Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Electronic Chemicals and Materials Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Silicon Wafers |
9.1.2.PCB Laminates |
9.1.3.Specialty Gases |
9.1.4.Wet Chemicals |
9.1.5.Photoresist Chemicals |
9.1.6.Others |
9.2. Material type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Stainless Steel |
9.2.2.Fiber Reinforced Composites |
9.2.3.Engineered Plastics |
9.2.4.Aluminium Alloys |
9.2.5.Metal Backed |
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Semiconductors |
9.3.2.Integrated Circuits |
9.3.3.Printed Circuit Boards |
9.3.4.others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Electronic Chemicals and Materials Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Silicon Wafers |
10.1.2.PCB Laminates |
10.1.3.Specialty Gases |
10.1.4.Wet Chemicals |
10.1.5.Photoresist Chemicals |
10.1.6.Others |
10.2. Material type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Stainless Steel |
10.2.2.Fiber Reinforced Composites |
10.2.3.Engineered Plastics |
10.2.4.Aluminium Alloys |
10.2.5.Metal Backed |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Semiconductors |
10.3.2.Integrated Circuits |
10.3.3.Printed Circuit Boards |
10.3.4.others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Electronic Chemicals and Materials Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Silicon Wafers |
11.1.2.PCB Laminates |
11.1.3.Specialty Gases |
11.1.4.Wet Chemicals |
11.1.5.Photoresist Chemicals |
11.1.6.Others |
11.2. Material type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Stainless Steel |
11.2.2.Fiber Reinforced Composites |
11.2.3.Engineered Plastics |
11.2.4.Aluminium Alloys |
11.2.5.Metal Backed |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Semiconductors |
11.3.2.Integrated Circuits |
11.3.3.Printed Circuit Boards |
11.3.4.others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Electronic Chemicals and Materials Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Silicon Wafers |
12.1.2.PCB Laminates |
12.1.3.Specialty Gases |
12.1.4.Wet Chemicals |
12.1.5.Photoresist Chemicals |
12.1.6.Others |
12.2. Material type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Stainless Steel |
12.2.2.Fiber Reinforced Composites |
12.2.3.Engineered Plastics |
12.2.4.Aluminium Alloys |
12.2.5.Metal Backed |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Semiconductors |
12.3.2.Integrated Circuits |
12.3.3.Printed Circuit Boards |
12.3.4.others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Electronic Chemicals and Materials Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Silicon Wafers |
13.1.2.PCB Laminates |
13.1.3.Specialty Gases |
13.1.4.Wet Chemicals |
13.1.5.Photoresist Chemicals |
13.1.6.Others |
13.2. Material type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Stainless Steel |
13.2.2.Fiber Reinforced Composites |
13.2.3.Engineered Plastics |
13.2.4.Aluminium Alloys |
13.2.5.Metal Backed |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Semiconductors |
13.3.2.Integrated Circuits |
13.3.3.Printed Circuit Boards |
13.3.4.others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Linde plc (Ireland) |
14.2.2.Air Products (U.S.) |
14.2.3.Cabot Microelectronics (U.S.) |
14.2.4.BASF AG (Germany) |
14.2.5.Showa Denko Materials Co., Ltd. (Japan) |
14.2.6.Air Liquide (France) |
14.2.7.Solvay A.G. (Belgium) |
14.2.8.Shin-Etsu (Japan) |
14.2.9.Covestro (France) |
14.2.10.Songwon (South Korea) |
14.2.11.Wafer World, Inc. (USA) |
15. Research Methodology |
16. Appendix and Abbreviations |