Market Overview:
The global high purity electronic grade acetic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductors and electroplating applications. In terms of volume, the global high purity electronic grade acetic acid market is projected to reach 1,811 kilotons by 2030. Based on type, the global high purity electronic grade acetic acid market can be segmented into 99.9% acetic acid, 99.8% acetic acid, 99.5% acetic acid and other grades segments.
Product Definition:
High Purity Electronic Grade Acetic Acid is a 99.8% pure product which is used in many electronic applications. The high purity of this acid allows it to be used without fear of contamination, making it ideal for use in the production of semiconductors, LEDs and other sensitive electronics.
99.9% Acetic Acid:
Acetic acid or ethanoic acid is a colorless and highly pungent liquid that has a strong odor similar to vinegar. It is used in various end-use industries such as food & beverages, pharmaceuticals, chemicals, textiles and cleaning products. The increasing demand for acetic acid based products from the electronic industry owing to its superior properties such as corrosion resistance coupled with high purity factor is expected to drive the global market over the forecast period.
99.8% Acetic Acid:
99.8% acetic acid is a colorless, highly pungent, flammable liquid with a strong odor. It is used as an important reagent in the production of polymers and resins such as acrylics and epoxy along with other chemicals such as formaldehyde, phenol derivatives &cresols; acetone cyanohydrins; ethyl alcohol; glycerin & fatty acids.
Application Insights:
Electroplating application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. High purity acetic acid is used for various applications in electroplating, such as anode material, bath solution, and coating solution. It is also used as a restrainer in electro-deposition processes. These factors are anticipated to drive product demand from electroplating applications over the coming years.
Semiconductor application segment accounted for more than 15% of total revenue share in 2017 owing to increasing demand for high-tech products across the globe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electronic devices in countries such as China and India. In addition, growing end-use industries such as semiconductors and electroplating are anticipated to propel the product demand over the forecast period.
Europe accounted for a volume share of 23.1% in 2017 on account of high purity acetic acid being used across several end-use industries including pharmaceuticals, food & beverages, electronics among others due to its low impurities content which makes it suitable for use in manufacturing processes that require chemical reactions or physical properties similar or equivalent those present in acetic acid products (99%). Moreover, stringent regulations by various regulatory bodies regarding food safety are projectededto boost industry growth over the coming years.
Growth Factors:
- Increasing demand for semiconductors and electronic devices
- Growing popularity of LED lighting
- Proliferation of solar energy installations
- Rising demand from the medical sector
- Increasing use in textile printing and dyeing
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Electronic Grade Acetic Acid Market Research Report
By Type
99.9% Acetic Acid, 99.8% Acetic Acid, 99.5% Acetic Acid, Other Grade
By Application
Semiconductor, Electroplating, Others
By Companies
Eastman, Avantor, Fisher Scientific, BP, KANTO KAGAKU
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Electronic Grade Acetic Acid Market Report Segments:
The global High Purity Electronic Grade Acetic Acid market is segmented on the basis of:
Types
99.9% Acetic Acid, 99.8% Acetic Acid, 99.5% Acetic Acid, Other Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor, Electroplating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastman
- Avantor
- Fisher Scientific
- BP
- KANTO KAGAKU
Highlights of The High Purity Electronic Grade Acetic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.9% Acetic Acid
- 99.8% Acetic Acid
- 99.5% Acetic Acid
- Other Grade
- By Application:
- Semiconductor
- Electroplating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Electronic Grade Acetic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Electronic Grade Acetic Acid is a white crystalline powder with a characteristic sour odor. It is used in the production of chemicals, pharmaceuticals, and other products.
Some of the major companies in the high purity electronic grade acetic acid market are Eastman, Avantor, Fisher Scientific, BP, KANTO KAGAKU.
The high purity electronic grade acetic acid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Electronic Grade Acetic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Electronic Grade Acetic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Electronic Grade Acetic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Electronic Grade Acetic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Electronic Grade Acetic Acid Market Size & Forecast, 2020-2028
4.5.1 High Purity Electronic Grade Acetic Acid Market Size and Y-o-Y Growth
4.5.2 High Purity Electronic Grade Acetic Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 99.9% Acetic Acid
5.2.2 99.8% Acetic Acid
5.2.3 99.5% Acetic Acid
5.2.4 Other Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Electroplating
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Electronic Grade Acetic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Electronic Grade Acetic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 99.9% Acetic Acid
9.6.2 99.8% Acetic Acid
9.6.3 99.5% Acetic Acid
9.6.4 Other Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Electroplating
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 99.9% Acetic Acid
10.6.2 99.8% Acetic Acid
10.6.3 99.5% Acetic Acid
10.6.4 Other Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Electroplating
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 99.9% Acetic Acid
11.6.2 99.8% Acetic Acid
11.6.3 99.5% Acetic Acid
11.6.4 Other Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Electroplating
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 99.9% Acetic Acid
12.6.2 99.8% Acetic Acid
12.6.3 99.5% Acetic Acid
12.6.4 Other Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Electroplating
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 99.9% Acetic Acid
13.6.2 99.8% Acetic Acid
13.6.3 99.5% Acetic Acid
13.6.4 Other Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Electroplating
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Electronic Grade Acetic Acid Market: Competitive Dashboard
14.2 Global High Purity Electronic Grade Acetic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman
14.3.2 Avantor
14.3.3 Fisher Scientific
14.3.4 BP
14.3.5 KANTO KAGAKU
