- Specialty Gases
- Wet Chemicals
- Photoresist Chemicals
- CMP Slurries
Electronic Chemicals Market was valued at USD 23.56 billion in 2023 and is anticipated to reach USD 41.6 billion by 2030, and poised to grow at a 5.6% CAGR from 2024 to 2030. Electronic chemicals are used in the automotive and electronic appliances sector for the manufacturing of semiconductors across the world. Digital semiconductor is used in computers, servers, mobile phones, and other consumer electronics which drives extensive demand globally, along with the growing adoption of lithium-ion batteries the demand for consumer electronics market drives the market growth.
Various technological advancements such as IoT (Internet of Things) and artificial intelligence have created new product subcategories in home appliances and electronic devices, also rising demand for electronic vehicles fabricates lucrative opportunities in the market. the stringent government regulations for environment safety regarding certain chemicals and materials hampers the market growth, and the recycling of the product, and use of refrigerants to prevent in products are the major factor that hinders the market growth. the new developments in technology in healthcare, infrastructure, and consumer devices are the major trends experiencing a rapid boom in the electronic chemicals market.
Electronic Chemicals Market Key Developments:
- In January 2022, SABIC introduced LNP ELCRIN EXL7414B copolymer, the company’s first bio-based polycarbonate (PC) copolymer to help advance the consumer electronics industry’s net-zero carbon emissions goals.
- In April 2019, Linde LienHwa launched the new SPECTRA® EM brand for premium electronic materials in an event at its Chung Gang site in Taichung, Taiwan.
Electronic Chemicals Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.6%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Electronic Chemicals Market Dynamics
The growing technology in automobiles, consumer electronics, and healthcare technology across the world is the major market driver in the Electronic Chemicals Market during the forecast period. Semiconductors are used for manufacturing various chips, circuits, and devices which have extensive demand in the market, the growing healthcare sector, and new technological advancements in medical devices. The integrated circuits growth is attributed to the adoption of IoT devices in electronic devices and electrical vehicles will accelerate the market share and this will drive the market with significant growth.
Asia-Pacific Got Significant Share
Electronic Chemicals Market Regional Analysis
The electronic chemicals market in Asia Pacific is projected to be the largest market share and dominate in the global market, the extensive growth for printed circuit boards, owning to development in various industries such as electronics devices, medical devices, and telecommunications in countries like India, China, and Japan are the major contributors in the electric chemicals market growth. North America is anticipated to grow at a significant rate, This is attributed to the rapidly growing demand for electronic devices and consumption of CMP slurries, Low-K dielectrics increased in the region which fueled up the market growth at a significant rate.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The electronic chemicals market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
Electronic Chemicals Market Segmentation
By Type
By Application
- Integrated Circuits
- Flat Panels
- Displays
- Printed Circuits Board
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The electronic chemicals market size was valued at USD 23.56 billion in 2023
The electronic chemicals market is poised to grow at a significant CAGR of 5.6% from 2024 to 2030
The leading players in the Electronic Chemicals Market are Air Products and Chemicals, Inc., Linde AG, JSR Corporation, Cabot Microelectronics Corporation, Air Liquide SA, Hitachi Chemical Co. Ltd, DIC Corporation, Dow DuPont, Albemarle Corporation, and Solvay S.A.
| 1.Executive Summary |
| 2.Global Electronic Chemicals Market Introduction |
| 2.1.Global Electronic Chemicals Market - Taxonomy |
| 2.2.Global Electronic Chemicals Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Electronic Chemicals 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 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 Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Specialty Gases |
| 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. Wet Chemicals |
| 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. Photoresist Chemicals |
| 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. CMP Slurries |
| 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 |
| 6.Global Electronic Chemicals Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Integrated Circuits |
| 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. Flat Panels |
| 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. Displays |
| 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. Printed Circuits Board |
| 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 |
| 7.Global Electronic Chemicals Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 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. Europe |
| 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. Asia Pacific (APAC) |
| 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. Middle East and Africa (MEA) |
| 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 |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Specialty Gases |
| 8.1.2.Wet Chemicals |
| 8.1.3.Photoresist Chemicals |
| 8.1.4.CMP Slurries |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Integrated Circuits |
| 8.2.2.Flat Panels |
| 8.2.3.Displays |
| 8.2.4.Printed Circuits Board |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Specialty Gases |
| 9.1.2.Wet Chemicals |
| 9.1.3.Photoresist Chemicals |
| 9.1.4.CMP Slurries |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Integrated Circuits |
| 9.2.2.Flat Panels |
| 9.2.3.Displays |
| 9.2.4.Printed Circuits Board |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Specialty Gases |
| 10.1.2.Wet Chemicals |
| 10.1.3.Photoresist Chemicals |
| 10.1.4.CMP Slurries |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Integrated Circuits |
| 10.2.2.Flat Panels |
| 10.2.3.Displays |
| 10.2.4.Printed Circuits Board |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Specialty Gases |
| 11.1.2.Wet Chemicals |
| 11.1.3.Photoresist Chemicals |
| 11.1.4.CMP Slurries |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Integrated Circuits |
| 11.2.2.Flat Panels |
| 11.2.3.Displays |
| 11.2.4.Printed Circuits Board |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Specialty Gases |
| 12.1.2.Wet Chemicals |
| 12.1.3.Photoresist Chemicals |
| 12.1.4.CMP Slurries |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Integrated Circuits |
| 12.2.2.Flat Panels |
| 12.2.3.Displays |
| 12.2.4.Printed Circuits Board |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Air Products and Chemicals, Inc. |
| 13.2.2.Linde AG |
| 13.2.3.JSR Corporation |
| 13.2.4.Cabot Microelectronics Corporation |
| 13.2.5.Air Liquide SA |
| 13.2.6.Hitachi Chemical Co. Ltd |
| 13.2.7.DIC Corporation |
| 13.2.8.Dow DuPont |
| 13.2.9.Albemarle Corporation |
| 13.2.10.Solvay S.A. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Air Products and Chemicals, Inc.
- Linde AG
- JSR Corporation
- Cabot Microelectronics Corporation
- Air Liquide SA
- Hitachi Chemical Co. Ltd
- DIC Corporation
- Dow DuPont
- Albemarle Corporation
- Solvay S.A.