Market Overview:
The global semiconductor grade solvents 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 semiconductor grade solvents from various applications, such as medical, oil & gas, water systems, power generation, chemical processing and aerospace & military. In addition, the growing demand for semiconductor grade solvents in emerging countries is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Semiconductor grade solvents are used in the semiconductor industry to clean and degrease semiconductor wafers. They are also used in photolithography and to remove unwanted material from semiconductors.
PA 6:
PA 6 is a trade name for hexane. It is an organic compound and has six carbon atoms in its structure. Hexane has several industrial uses such as it can be used as a solvent, lubricant, intermediate chemical, pyrolysis gas generator and fuel additive among others.
PA 66:
Polyacrylonitrile or PA 66 is a high-performance, non-flammable and water-soluble polymer. It has applications in semiconductor grade solvents market owing to its superior properties such as low vapor pressure & boiling point, thermal stability and resistance to hydrolysis.
PA 66 offers an advantage over other polymers used for manufacturing semiconductor grade solvents such as PPS.
Application Insights:
The chemical processing application segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to the increasing demand for semiconductor grade solvents from various end-use industries such as oil & gas, water systems, power generation and aerospace & military. In addition, growing demand from emerging industrial sectors such as pharmaceuticals is expected to drive growth over the forecast period.
The medical sector is anticipated to emerge as a lucrative industry owing to increasing investments in healthcare infrastructure coupled with rising consumer spending on health care services globally. Furthermore, favorable government initiatives coupled with technological advancements are further expected to propel industry expansion during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand from end-use industries, such as aerospace and military, automotive and transportation, electronics manufacturing, medical equipment & devices manufacturing, power generation and others.
The Asia Pacific region accounted for a revenue share of more than 30% in 2016 owing to high consumption levels in key end-use sectors across countries such as China and India. In addition, growing population coupled with increasing disposable income levels will drive product demand further over the next eight years.
China is one of the major consumers of semiconductor grade solvents globally owing to rapid industrialization along with strong economic growth witnessed since 2010 that has resulted into higher investments by multinational companies for advanced technologies including nanotechnology which requires semiconductor grade solvents for processing applications.
Growth Factors:
- Increasing demand for semiconductor grade solvents from the electronics and electrical industry for cleaning and degreasing applications.
- Rising demand for semiconductor grade solvents in the pharmaceuticals sector to manufacture active pharmaceutical ingredients (APIs) and drug intermediates.
- Growing use of semiconductor grade solvents in the agrochemical industry as a solvent in pesticide formulations.
- Increasing adoption of semiconductor grade solvents by water treatment companies to purify water used in various industrial processes such as power generation, metal production, and chemical processing plants 5 Increased use of semiconductor grade solvents by researchers across different application areas owing to their superior properties such as purity, volatility, thermal stability, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Semiconductor Grade Solvents Market Research Report
By Type
PA 6, PA 66, PA 12, Others
By Application
Medical, Oil & Gas, Water Systems, Power Generation, Chemical Processing, Aerospace & Military, Others
By Companies
Associated Fastening Products, BOCAST, Boker's, ESPE, Ever Hardware, JG Coates(Burnley), Nippon Chemical Screw, Penn Fibre, Product Components Corporation, Rising Star Industry, SUPREME FASTENERS AND COMPONENTS, Vital Parts
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Semiconductor Grade Solvents Market Report Segments:
The global Semiconductor Grade Solvents market is segmented on the basis of:
Types
PA 6, PA 66, PA 12, Others
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
Medical, Oil & Gas, Water Systems, Power Generation, Chemical Processing, Aerospace & Military, 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:
- Associated Fastening Products
- BOCAST
- Boker's
- ESPE
- Ever Hardware
- JG Coates(Burnley)
- Nippon Chemical Screw
- Penn Fibre
- Product Components Corporation
- Rising Star Industry
- SUPREME FASTENERS AND COMPONENTS
- Vital Parts
Highlights of The Semiconductor Grade Solvents 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:
- PA 6
- PA 66
- PA 12
- Others
- By Application:
- Medical
- Oil & Gas
- Water Systems
- Power Generation
- Chemical Processing
- Aerospace & Military
- 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 Semiconductor Grade Solvents 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?
Semiconductor grade solvents are chemicals that have been specifically designed for use in semiconductor manufacturing. These solvents are typically less volatile and more toxic than traditional industrial solvents, making them ideal for cleaning and degreasing parts before assembly.
Some of the major players in the semiconductor grade solvents market are Associated Fastening Products, BOCAST, Boker's, ESPE, Ever Hardware, JG Coates(Burnley), Nippon Chemical Screw, Penn Fibre, Product Components Corporation, Rising Star Industry, SUPREME FASTENERS AND COMPONENTS, Vital Parts.
The semiconductor grade solvents market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Semiconductor Grade Solvents 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 Semiconductor Grade Solvents Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Semiconductor Grade Solvents 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 Semiconductor Grade Solvents 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 Semiconductor Grade Solvents Market Size & Forecast, 2020-2028 4.5.1 Semiconductor Grade Solvents Market Size and Y-o-Y Growth 4.5.2 Semiconductor Grade Solvents 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 PA 6
5.2.2 PA 66
5.2.3 PA 12
5.2.4 Others
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 Medical
6.2.2 Oil & Gas
6.2.3 Water Systems
6.2.4 Power Generation
6.2.5 Chemical Processing
6.2.6 Aerospace & Military
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semiconductor Grade Solvents 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 Semiconductor Grade Solvents 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 PA 6
9.6.2 PA 66
9.6.3 PA 12
9.6.4 Others
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 Medical
9.10.2 Oil & Gas
9.10.3 Water Systems
9.10.4 Power Generation
9.10.5 Chemical Processing
9.10.6 Aerospace & Military
9.10.7 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 PA 6
10.6.2 PA 66
10.6.3 PA 12
10.6.4 Others
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 Medical
10.10.2 Oil & Gas
10.10.3 Water Systems
10.10.4 Power Generation
10.10.5 Chemical Processing
10.10.6 Aerospace & Military
10.10.7 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 PA 6
11.6.2 PA 66
11.6.3 PA 12
11.6.4 Others
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 Medical
11.10.2 Oil & Gas
11.10.3 Water Systems
11.10.4 Power Generation
11.10.5 Chemical Processing
11.10.6 Aerospace & Military
11.10.7 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 PA 6
12.6.2 PA 66
12.6.3 PA 12
12.6.4 Others
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 Medical
12.10.2 Oil & Gas
12.10.3 Water Systems
12.10.4 Power Generation
12.10.5 Chemical Processing
12.10.6 Aerospace & Military
12.10.7 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 PA 6
13.6.2 PA 66
13.6.3 PA 12
13.6.4 Others
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 Medical
13.10.2 Oil & Gas
13.10.3 Water Systems
13.10.4 Power Generation
13.10.5 Chemical Processing
13.10.6 Aerospace & Military
13.10.7 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 Semiconductor Grade Solvents Market: Competitive Dashboard
14.2 Global Semiconductor Grade Solvents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Associated Fastening Products
14.3.2 BOCAST
14.3.3 Boker's
14.3.4 ESPE
14.3.5 Ever Hardware
14.3.6 JG Coates(Burnley)
14.3.7 Nippon Chemical Screw
14.3.8 Penn Fibre
14.3.9 Product Components Corporation
14.3.10 Rising Star Industry
14.3.11 SUPREME FASTENERS AND COMPONENTS
14.3.12 Vital Parts