By 2029, the Electronic Chemicals and Materials Market is expected to reach US $ 73.10 billion, thanks to growth in the Type and Application segment. The report analyzes market dynamics by region and end-user industries.Electronic Chemicals and Materials Market Overview:
The global electronic chemicals and materials market was valued at US $ 48.29 Bn. in 2022, and it is expected to reach US $ 73.10 Bn. by 2029 with a CAGR of 6.1% during the forecast period. The market is expected to be driven by rising demand from the microelectronics and chip manufacturing industries across the globe.To know about the Research Methodology :- Request Free Sample Report Key Trends: Flexible electronics, which rely only on the bending properties of various materials, are gaining popularity in the market. The latest analysis on silicon-based nano-chips indicates that they may be used in a variety of devices, including wearable, implantable, and bendable displays, proving their great compatibility with today's high computing technologies. According to a recent survey, graphene can be used in electronics, transforming new-age nanolithography to design energy-efficient devices.
Electronic Chemicals and Materials Market Dynamics:
Nanotechnology's widespread adoption has helped the market transition toward MEMS (Micro-electromechanical system) and NEMS (Nano-electromechanical system) devices. Nano-devices are becoming prevalent thanks to their smaller size, lighter weight, lower power consumption, and lower fabrication costs. With different technical developments, the market potential for photoresist and photoresist ancillaries has surged as a result of the recent commercialization of nano-based electronics. For example, Intel is rapidly transitioning from 28 nanometers to 20 nanometers technology, driving demand for nanomaterials and, as a result, electronic chemicals and materials in the semiconductor sector. The use of hazardous chemicals & materials in the manufacturing of electronic devices has pushed large companies to comply with several regulations and policies that may have a direct or indirect impact on their profitability. This compliance has resulted in a high operating cost. Regulations build across the supply chain, resulting in high costs for raw materials, production, packaging, distribution, and final product disposal. The usage of silica in semiconductor manufacturing has been a major source of worry for employees’ health. According to OSHA, (Occupational Safety and Hazard Administration) employers in the United States must prevent workers from respirable crystalline silica. It can penetrate deeply into the lungs and cause silicosis, as well as lung cancer and other pulmonary disorders. Thus, the risk of health and the high cost of the overall product is expected to restrain the market growth during the forecast period. The introduction of new technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) has led to the development of a new product subcategory of intelligent home gadgets. IoT is expected to grow at a rapid pace, particularly in the industrial sector, in which a 65% surge is expected. The application of AI-related technology has created a wide range of opportunities for electronic material manufacturers. Rising demand for electric vehicles has established a new income stream for the electronics materials market. The digital display industry is also striving for higher standards by introducing high-end LED and LCD television sets, which require the use of high-quality electronic materials in their production process. As a result, players in the electronic chemicals and materials market can explore new growth and income opportunities during the forecast period. With the emergence of cloud-based storage, technologies like memory chips and data centers are gradually becoming useless. The need to physically store information has dropped drastically, resulting in a decrease in memory chip production. Electronic material manufacturers, particularly smaller players, are sluggish to adapt to changing market conditions. Adaptability to new technology may take some time, resulting in a loss of profit for the smaller players. With the increased use of mobile devices, the size of integrated chips and semiconductors is declining. Thus, the materials used in semiconductor manufacturing must be precise and of high quality to produce optimal results. This factor is expected to challenge the market growth during the forecast period.Electronic Chemicals and Materials Market Segment Analysis:
Based on Type, the global electronic chemicals and materials market is segmented into eight types as Specialty Gases, Cmp Slurries, Conductive Polymers, Photoresist Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, and PCB Laminates. In 2022, the Silicon wafers segment was dominant and held xx% of the overall market share. These are a thin slice of crystalline silicon semiconductor that is used to make integrated circuits and act as a substrate for microelectronic devices. Silicon wafers are primarily used in integrated circuits, which are the fundamental components of all electronic gadgets like computers and smartphones. Tire pressure systems and solar cells are two further applications. During the forecast period, the silicon wafers market is expected to grow with a CAGR of xx% in parallel with the integrated circuits and solar segments. Based on Application, the global electronic chemicals and materials market is segmented into two types as follows, Semiconductors (Integrated Circuits and Printed Circuit Boards), and Others. In 2022, the Semiconductor segment was dominant and held xx% of the overall market share. The segment is expected to continue its dominance with growing at a CAGR of xx% during the forecast period. Technological innovations in the electronics industry have an impact on the semiconductor sector. Apart from increased demand for circuit boards and memory chips, developing technologies such as artificial intelligence (AI) is expected to drive the semiconductor market ahead. Cleaning, etching, polishing, doping, and servicing semiconductors all require specific electronic chemicals and materials.Electronic Chemicals and Materials Market Regional Insights:
In 2022, Asia Pacific dominated the market, accounted for more than xx% of the global revenue. It is expected to continue its dominance with growing at a CAGR of xx% over the forecast period. The demand for printed circuit boards in the region has been driven by the rapid growth of the global electronics industry. The rise of the printed circuit board industry is linked to advancements in telecommunications and information technology, smart cards, electronic gaming, and consumer goods applications. Consumers increased disposable income, combined with their changing lifestyles, are helping to further drive the electronic chemicals and materials market. The objective of the report is to present a comprehensive analysis of the global Electronic Chemicals and Materials market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Electronic Chemicals and Materials market dynamics, structure by analyzing the market segments and project the global Electronic Chemicals and Materials market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Electronic Chemicals and Materials market make the report investor’s guide.Electronic Chemicals and Materials Market Scope: Inquire before buying
Global Electronic Chemicals and Materials Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 48.29 Bn. Forecast Period 2023 to 2029 CAGR: 6.1% Market Size in 2029: US $ 73.10 Bn. Segments Covered: by Type • Specialty Gases • CMP Slurries • Conductive Polymers • Photoresist Chemicals • Low K Dielectrics • Wet Chemicals • Silicon Wafers • PCB Laminates by Application • Semiconductors o Integrated Circuits o Printed Circuits Boards • Others Electronic Chemicals and Materials Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Electronic Chemicals and Materials Market Key Players
• Air Liquide • Air Products and Chemicals • BASF AG • Cabot Microelectronics • Covestro • Freiberger Compound Materials • Globalwafers Co., Ltd. • Honshu Chemical Industry Ltd. • Linde plc • Lord Ag • Merck Group • Mitsui Chemicals America, Inc. • Okmetic Oy • Shin-Etsu Chemical Co., Ltd. • Showa Denko Materials • Siltronic AG Atlas Copco • Solvay • Songwon • Sumco Corp. • OthersFrequently Asked Questions:
1. What is the forecast period considered for the electronic chemicals and materials market report? Ans. The forecast period for the Electronic Chemicals and Materials market is 2023-2029. 2. Which key factors are hindering the growth of the electronic chemicals and materials market? Ans. The risk of employees’ health and the high production cost of the overall product is the key factor expected to hinder the growth of the Electronic Chemicals and Materials market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the electronic chemicals and materials market for the next 7 years? Ans. The global Electronic Chemicals and Materials market is expected to grow at a CAGR of 6.10% during the forecast period (2023-2029). 4. What are the key factors driving the growth of the electronic chemicals and materials market? Ans. The widespread adoption of nanotechnology and rising demand for electronic gadgets are the key factors expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered for the electronic chemicals and materials market report? Ans. Air Liquide, Air Products and Chemicals, Sumco Corp., BASF AG, Covestro, Freiberger Compound Materials, Globalwafers Co. Ltd., Honshu Chemical Industry Ltd., Linde plc, Lord Ag, Merck Group, Cabot Microelectronics, Okmetic Oy, Shin-Etsu Chemical Co. Ltd., Showa Denko Materials, Mitsui Chemicals America, Siltronic AG Atlas Copco, Solvay, Songwon, and Others.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Electronic Chemicals and Materials Market Size, by Market Value (US $Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Electronic Chemicals and Materials Market 3.4. Geographical Snapshot of the Electronic Chemicals and Materials Market, By Manufacturer share 4. Global Electronic Chemicals and Materials Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Electronic Chemicals and Materials Market 5. Supply Side and Demand Side Indicators 6. Global Electronic Chemicals and Materials Market Analysis and Forecast, 2022-2029 6.1. Global Electronic Chemicals and Materials Products Market Size & Y-o-Y Growth Analysis. 7. Global Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Specialty Gases 7.1.2. CMP Slurries 7.1.3. Conductive Polymers 7.1.4. Photoresist Chemicals 7.1.5. Low K Dielectrics 7.1.6. Wet Chemicals 7.1.7. Silicon Wafers 7.1.8. PCB Laminates 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Semiconductors 7.2.1.1. Integrated Circuits 7.2.1.2. Printed Circuits Boards 7.2.2. Others 8. Global Electronic Chemicals and Materials Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Specialty Gases 9.1.2. CMP Slurries 9.1.3. Conductive Polymers 9.1.4. Photoresist Chemicals 9.1.5. Low K Dielectrics 9.1.6. Wet Chemicals 9.1.7. Silicon Wafers 9.1.8. PCB Laminates 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Semiconductors 9.2.1.1. Integrated Circuits 9.2.1.2. Printed Circuits Boards 9.2.2. Others 10. North America Electronic Chemicals and Materials Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Electronic Chemicals and Materials Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Electronic Chemicals and Materials Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Fungicide Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Electronic Chemicals and Materials Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Electronic Chemicals and Materials Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Electronic Chemicals and Materials Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Electronic Chemicals and Materials Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Technology and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Air Liquide 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Air Products and Chemicals 45.3.3. BASF AG 45.3.4. Cabot Microelectronics 45.3.5. Covestro 45.3.6. Freiberger Compound Materials 45.3.7. Globalwafers Co. Ltd. 45.3.8. Honshu Chemical Industry 45.3.9. Linde plc 45.3.10. Lord Ag 45.3.11. Merck Group 45.3.12. Mitsui Chemicals America Inc. 45.3.13. Okmetic Oy 45.3.14. Shin-Etsu Chemical Co. Ltd. 45.3.15. Showa Denko Materials 45.3.16. Siltronic AG Atlas Copco 45.3.17. Solvay 45.3.18. Songwon 45.3.19. Sumco Corp. 45.3.20. Others 46. Primary Key Insights