Electronic Chemicals and Materials Market was valued at USD 51.24 Bn. in 2023, and it is expected to reach USD 77.55 Bn. by 2030 with a CAGR of 6.1% during the forecast period.Electronic Chemicals and Materials Market Overview:
The market is expected to be driven by rising demand from the microelectronics and chip manufacturing industries across the globe. 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.To know about the Research Methodology :- Request Free Sample Report
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 2023, 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 2023, 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 2023, 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 Ecosystem
Electronic Chemicals and Materials Market Scope: Inquire before buying
Global Electronic Chemicals and Materials Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 51.24 Bn. Forecast Period 2024 to 2030 CAGR: 6.1% Market Size in 2030: USD 77.55 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 Integrated Circuits 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, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Electronic Chemicals and Materials Market, Key Players
1. Air Liquide 2. Air Products and Chemicals 3. BASF AG 4. Cabot Microelectronics 5. Covestro 6. Freiberger Compound Materials 7. Globalwafers Co., Ltd. 8. Honshu Chemical Industry Ltd. 9. Linde plc 10. Lord Ag 11. Merck Group 12. Mitsui Chemicals America, Inc. 13. Okmetic Oy 14. Shin-Etsu Chemical Co., Ltd. 15. Showa Denko Materials 16. Siltronic AG Atlas Copco 17. Solvay 18. Songwon 19. Sumco Corp. 20. 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 2024-2030. 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 (2024-2030). 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. Electronic Chemicals and Materials Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Electronic Chemicals and Materials Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Types specific analysis 2.4.1. Main suppliers and their market positioning 2.4.2. Key customers and adoption rates across different sectors 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Type Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Y-O-Y % 2.5.6. Key Development 2.5.7. Geographic distribution of major customers 2.6. Market Structure 2.6.1. Market Leaders 2.6.2. Market Followers 2.6.3. Emerging Players 2.7. Mergers and Acquisitions Details 3. Electronic Chemicals and Materials Market: Dynamics 3.1. Electronic Chemicals and Materials Market Trends 3.2. Electronic Chemicals and Materials Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. South America 3.5.5. MEA 3.6. Analysis of Government Schemes and Initiatives For the Grow Lights Industry 3.7. Supply Chain Analysis 3.8. Industry Ecosystem 3.9. Technology Analysis 4. Electronic Chemicals and Materials Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030) 4.1. Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 4.1.1. Specialty Gases 4.1.2. CMP Slurries 4.1.3. Conductive Polymers 4.1.4. Photoresist Chemicals 4.1.5. Low K Dielectrics 4.1.6. Wet Chemicals 4.1.7. Silicon Wafers 4.1.8. PCB Laminates 4.2. Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 4.2.1. Semiconductor 4.2.1.1.1.1. Integrated Circuits 4.2.1.1.1.2. Printed Circuits Boards 4.2.2. Others 5. North America Electronic Chemicals and Materials Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 5.1.1. Specialty Gases 5.1.2. CMP Slurries 5.1.3. Conductive Polymers 5.1.4. Photoresist Chemicals 5.1.5. Low K Dielectrics 5.1.6. Wet Chemicals 5.1.7. Silicon Wafers 5.1.8. PCB Laminates 5.2. North America Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 5.2.1. Semiconductor 5.2.1.1.1.1. Integrated Circuits 5.2.1.1.1.2. Printed Circuits Boards 5.2.2. Others 5.3. North America Electronic Chemicals and Materials Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 5.3.1.1.1. Specialty Gases 5.3.1.1.2. CMP Slurries 5.3.1.1.3. Conductive Polymers 5.3.1.1.4. Photoresist Chemicals 5.3.1.1.5. Low K Dielectrics 5.3.1.1.6. Wet Chemicals 5.3.1.1.7. Silicon Wafers 5.3.1.1.8. PCB Laminates 5.3.1.2. United States Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 5.3.1.2.1. Semiconductor 5.3.1.2.1.1. Integrated Circuits 5.3.1.2.1.2. Printed Circuits Boards 5.3.1.2.2. Others 5.3.2. Canada 5.3.2.1. Canada Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 5.3.2.1.1. Specialty Gases 5.3.2.1.2. CMP Slurries 5.3.2.1.3. Conductive Polymers 5.3.2.1.4. Photoresist Chemicals 5.3.2.1.5. Low K Dielectrics 5.3.2.1.6. Wet Chemicals 5.3.2.1.7. Silicon Wafers 5.3.2.1.8. PCB Laminates 5.3.2.2. Canada Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 5.3.2.2.1. Semiconductor 5.3.2.2.1.1. Integrated Circuits 5.3.2.2.1.2. Printed Circuits Boards 5.3.2.2.2. Others 5.3.3. Mexico 5.3.3.1. Mexico Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 5.3.3.1.1. Specialty Gases 5.3.3.1.2. CMP Slurries 5.3.3.1.3. Conductive Polymers 5.3.3.1.4. Photoresist Chemicals 5.3.3.1.5. Low K Dielectrics 5.3.3.1.6. Wet Chemicals 5.3.3.1.7. Silicon Wafers 5.3.3.1.8. PCB Laminates 5.3.3.2. Mexico Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 5.3.3.2.1. Semiconductor 5.3.3.2.1.1. Integrated Circuits 5.3.3.2.1.2. Printed Circuits Boards 5.3.3.2.2. Others 6. Europe Electronic Chemicals and Materials Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.2. Europe Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3. Europe Electronic Chemicals and Materials Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.1.2. United Kingdom Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.2. France 6.3.2.1. France Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.2.2. France Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Germany Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.4.2. Italy Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Spain Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Sweden Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Austria Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Rest of Europe Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7. Asia Pacific Electronic Chemicals and Materials Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3. Asia Pacific Electronic Chemicals and Materials Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.1.2. China Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.2.2. S Korea Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.3.2. Japan Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.4. India 7.3.4.1. India Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.4.2. India Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.5.2. Australia Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.6. ASIAN 7.3.6.1. ASIAN Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.6.2. ASIAN Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 7.3.7. Rest of Asia Pacific 7.3.7.1. Rest of Asia Pacific Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 7.3.7.2. Rest of Asia Pacific Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 8. South America Electronic Chemicals and Materials Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. South America Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 8.2. South America Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 8.3. South America Electronic Chemicals and Materials Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 8.3.1.2. Brazil Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 8.3.2.2. Argentina Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest of South America Electronic Chemicals and Materials Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Rest of South America Electronic Chemicals and Materials Market Size and Forecast, by Application (2023-2030) 9. Company Profile: Key Players 9.1. Air Liquide 9.1.1. Company Overview 9.1.2. Business Portfolio 9.1.3. Financial Overview 9.1.3.1. Total Revenue 9.1.3.2. Segment Revenue 9.1.3.3. Annual Revenue 9.1.4. SWOT Analysis 9.1.5. Strategic Analysis 9.1.6. Recent Developments 9.2. Air Products and Chemicals 9.3. BASF AG 9.4. Cabot Microelectronics 9.5. Covestro 9.6. Freiberger Compound Materials 9.7. Globalwafers Co., Ltd. 9.8. Honshu Chemical Industry Ltd. 9.9. Linde plc 9.10. Lord Ag 9.11. Merck Group 9.12. Mitsui Chemicals America, Inc. 9.13. Okmetic Oy 9.14. Shin-Etsu Chemical Co., Ltd. 9.15. Showa Denko Materials 9.16. Siltronic AG Atlas Copco 9.17. Solvay 9.18. Songwon 9.19. Sumco Corp. 10. Key Findings and Analyst Recommendations 10.1. Attractive Opportunities for Players in Rice Hush 10.2. Market 11. Electronic Chemicals and Materials Market: Research Methodology
