Market Overview:
The global wet chemicals for electronics and semiconductor applications 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 integrated circuits (ICs) in consumer electronics, automotive, and industrial applications. In addition, the growing demand for PCBs in various end-use industries is also contributing to the growth of this market. Based on type, acetic acid accounted for the largest share of the global wet chemicals for electronics and semiconductor applications market in 2017. This can be attributed to its high reactivity with other compounds and wide range of application areas such as IC manufacturing, PCB manufacturing, etching processes used in lithography & photolithography processes employed in semiconductor fabrication plants (SFFP), etc. Hydrogen peroxide was second largest type segment by revenue contribution followed by ammonium hydroxide during 2017.
Product Definition:
Wet chemicals are used in the manufacture of electronic and semiconductor devices. They are used to clean and etch the surface of the materials that are used in these devices. Wet chemicals help to create a smooth, even surface on which the devices can be built. This is important for ensuring that the devices function properly.
Acetic Acid:
Acetic acid is a weak, transparent, colorless liquid with a suffocating odor. It is often utilized as an antiseptic and corrosive to base materials in electronic gadgets. Also, it serves as an important intermediate for producing polycarbonate plastic resins along with playing a vital role in the production of fuming nitric acid used for manufacturing semiconductors and integrated circuits (IC).
Hydrogen Peroxide:
Hydrogen peroxide (H2O2) is a chemical compound with formula 2 hydrogen peroxide (H2O2) is a chemical compound with formula 2 H+ and O22. It is a highly reactive, toxic, and corrosive substance. Pure hydrogen peroxide gas has a strong odor of garlic or rotten eggs. Hydrogen Peroxide can be produced by both natural as well as artificial processes.
Application Insights:
The global wet chemicals for electronics.
Semiconductor manufacturing was the largest application segment in 2015. The growth of this segment can be attributed to increasing demand for integrated circuits (ICs) from various end-use industries such as telecommunication, automotive and healthcare. ICs are highly efficient products owing to which they have replaced many conventional components in modern electronic devices. The replacement of mechanical components with ICs has boosted the demand for wet chemicals during semiconductor manufacturing process due to their small size and complex structure which requires a large number of processing steps during fabrication. Printed circuit boards (PCB) manufacturing is expected to grow at a significant rate over the forecast period owing to its rising use in numerous end-use industries including consumer electronics, telecommunication equipment & appliances among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from key industries including electronics, automotive, construction, and others. China is one of the major countries that contribute significantly toward regional growth owing to presence of a large number of manufacturers along with low manufacturing cost coupled with easy availability of raw materials such as rare earth elements (REEs).
The Asia Pacific has been witnessing rapid development in end-use industries which has resulted in high demand for chemicals across various applications. Rising awareness regarding energy conservation plays an important role in influencing consumer buying patterns towards eco-friendly products thus positively impacting industry growth over the forecast period. Increasing foreign direct investment by leading players such as Nippon Paint & Chemicals and Sumitomo Chemical Co., Ltd., are anticipated to boost production capacity thereby driving regional market growth over the next eight years.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from automotive and medical industries
- Growing popularity of wearable electronics
- Proliferation of the Internet of Things (IoT) and 5G networks
- Technological advancements in wet chemical processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Wet Chemicals for Electronics and Semiconductor Applications Market Research Report
By Type
Acetic Acid, Hydrogen Peroxide, Ammonium Hydroxide, Hydrofluoric Acid, Others
By Application
Semiconductor, Integrated Circuit (IC) Manufacturing, Printed Circuit Boards (PCB) Manufacturing
By Companies
Avantor Inc, BASF, Eastman Chemical Company, FUJIFILM Corporation, Honeywell International LLC, Kanto Chemical Co. Inc, KMG Chemicals, Kredence Pvt Ltd, Solvay, T.N.C. Co. Ltd, Technic Inc, Linde, Zhejiang Kaisn Fluorochemical Co. Ltd
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wet Chemicals for Electronics and Semiconductor Applications Market Report Segments:
The global Wet Chemicals for Electronics and Semiconductor Applications market is segmented on the basis of:
Types
Acetic Acid, Hydrogen Peroxide, Ammonium Hydroxide, Hydrofluoric Acid, 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
Semiconductor, Integrated Circuit (IC) Manufacturing, Printed Circuit Boards (PCB) Manufacturing
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:
- Avantor Inc
- BASF
- Eastman Chemical Company
- FUJIFILM Corporation
- Honeywell International LLC
- Kanto Chemical Co. Inc
- KMG Chemicals
- Kredence Pvt Ltd
- Solvay
- T.N.C. Co. Ltd
- Technic Inc
- Linde
- Zhejiang Kaisn Fluorochemical Co. Ltd
Highlights of The Wet Chemicals for Electronics and Semiconductor Applications 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:
- Acetic Acid
- Hydrogen Peroxide
- Ammonium Hydroxide
- Hydrofluoric Acid
- Others
- By Application:
- Semiconductor
- Integrated Circuit (IC) Manufacturing
- Printed Circuit Boards (PCB) Manufacturing
- 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 Wet Chemicals for Electronics and Semiconductor Applications 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.
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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?
Wet chemicals are used in the semiconductor and electronics industries to clean, etch, and polish wafers.
Some of the major players in the wet chemicals for electronics and semiconductor applications market are Avantor Inc, BASF, Eastman Chemical Company, FUJIFILM Corporation, Honeywell International LLC, Kanto Chemical Co. Inc, KMG Chemicals, Kredence Pvt Ltd, Solvay, T.N.C. Co. Ltd, Technic Inc, Linde, Zhejiang Kaisn Fluorochemical Co. Ltd.
The wet chemicals for electronics and semiconductor applications market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wet Chemicals for Electronics and Semiconductor Applications Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wet Chemicals for Electronics and Semiconductor Applications Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wet Chemicals for Electronics and Semiconductor Applications Market - Supply Chain
4.5. Global Wet Chemicals for Electronics and Semiconductor Applications Market Forecast
4.5.1. Wet Chemicals for Electronics and Semiconductor Applications Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wet Chemicals for Electronics and Semiconductor Applications Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wet Chemicals for Electronics and Semiconductor Applications Market Absolute $ Opportunity
5. Global Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
5.3.1. Acetic Acid
5.3.2. Hydrogen Peroxide
5.3.3. Ammonium Hydroxide
5.3.4. Hydrofluoric Acid
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
6.3.1. Semiconductor
6.3.2. Integrated Circuit (IC) Manufacturing
6.3.3. Printed Circuit Boards (PCB) Manufacturing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wet Chemicals for Electronics and Semiconductor Applications Demand Share Forecast, 2019-2026
9. North America Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
9.4.1. Semiconductor
9.4.2. Integrated Circuit (IC) Manufacturing
9.4.3. Printed Circuit Boards (PCB) Manufacturing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
9.7.1. Acetic Acid
9.7.2. Hydrogen Peroxide
9.7.3. Ammonium Hydroxide
9.7.4. Hydrofluoric Acid
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wet Chemicals for Electronics and Semiconductor Applications Demand Share Forecast, 2019-2026
10. Latin America Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
10.4.1. Semiconductor
10.4.2. Integrated Circuit (IC) Manufacturing
10.4.3. Printed Circuit Boards (PCB) Manufacturing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
10.7.1. Acetic Acid
10.7.2. Hydrogen Peroxide
10.7.3. Ammonium Hydroxide
10.7.4. Hydrofluoric Acid
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wet Chemicals for Electronics and Semiconductor Applications Demand Share Forecast, 2019-2026
11. Europe Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
11.4.1. Semiconductor
11.4.2. Integrated Circuit (IC) Manufacturing
11.4.3. Printed Circuit Boards (PCB) Manufacturing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
11.7.1. Acetic Acid
11.7.2. Hydrogen Peroxide
11.7.3. Ammonium Hydroxide
11.7.4. Hydrofluoric Acid
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wet Chemicals for Electronics and Semiconductor Applications Demand Share, 2019-2026
12. Asia Pacific Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
12.4.1. Semiconductor
12.4.2. Integrated Circuit (IC) Manufacturing
12.4.3. Printed Circuit Boards (PCB) Manufacturing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
12.7.1. Acetic Acid
12.7.2. Hydrogen Peroxide
12.7.3. Ammonium Hydroxide
12.7.4. Hydrofluoric Acid
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wet Chemicals for Electronics and Semiconductor Applications Demand Share, 2019-2026
13. Middle East & Africa Wet Chemicals for Electronics and Semiconductor Applications Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Application
13.4.1. Semiconductor
13.4.2. Integrated Circuit (IC) Manufacturing
13.4.3. Printed Circuit Boards (PCB) Manufacturing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wet Chemicals for Electronics and Semiconductor Applications Market Size and Volume Forecast by Type
13.7.1. Acetic Acid
13.7.2. Hydrogen Peroxide
13.7.3. Ammonium Hydroxide
13.7.4. Hydrofluoric Acid
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wet Chemicals for Electronics and Semiconductor Applications Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wet Chemicals for Electronics and Semiconductor Applications Market: Market Share Analysis
14.2. Wet Chemicals for Electronics and Semiconductor Applications Distributors and Customers
14.3. Wet Chemicals for Electronics and Semiconductor Applications Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avantor Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eastman Chemical Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FUJIFILM Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell International LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kanto Chemical Co. Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KMG Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kredence Pvt Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Solvay
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. T.N.C. Co. Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Technic Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Linde
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Kaisn Fluorochemical Co. Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developmen
