Electronic Wet Chemicals Global Market Report 2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Electronic Wet Chemicals Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global electronics wet chemicals market is expected to grow from $3.46 billion in 2021 to $3.62 billion in 2022 at a compound annual growth rate (CAGR) of 4.56%. The market is expected to reach $4.41 billion in 2026 at a CAGR of 5.05%.
The electronics wet chemicals market consists of sales of electronic wet chemicals by entities (organizations, sole proprietors, and partnerships) that produce high purity chemicals that are used in cleaning and etching applications during semiconductor production and processing. Electronic wet chemicals are used in the production of products in a variety of industries, including consumer goods, automotives, aerospace and defense, and medicine.
The main types of electronic wet chemicals are Acetic Acid (CH3OOH), Isopropyl Alcohol (IPA) (C3H8O), Hydrogen Peroxide (H2), Hydrochloric Acid (HCL), Ammonium Hydroxide (NH4OH), Hydrofluoric Acid (HF), Nitric Acid (HNO3), Phosphoric Acid (H3PO4), and Sulfuric Acid (H2SO4). These electric wet chemicals are of various forms, such as liquid, solid, and gas. These are used in applications such as semiconductor etching and cleaning. The electric wet chemicals are used by end users, including consumer goods, automotives, aerospace and defense, and medical devices.
Asia-Pacific was the largest region in the electronic wet chemicals market in 2021 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The rise in demand for the use of semiconductors in various industries is driving the growth of the electronics wet chemicals market. The demand for innovative semiconductors is increasing as a result of various technological advancements in the electronic industry. This increase in demand for semiconductors is directly leading to the increase in demand for the electronic wet chemicals market. For instance, according to the semiconductor industry association (SIA), the sales of semiconductors were around $50 billion in October 2021, an increase of 24.6% from October 2020. Therefore, the rise in the demand for the use of semiconductors in various industries drives the electronic wet chemicals market.
Strategic collaboration between companies is a key trend gaining popularity in the electronic wet chemicals market. Companies manufacturing electronic wet chemicals are undergoing partnerships and collaborations to develop new technologies and products.
The countries covered in the Electronic Wet Chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the electronic wet chemicals market are:
- Avantor Inc (US)
- BASF Se (Germany)
- Cabot Microelctronics (US)
- Honeywell International Inc. (US)
- Kanto Chemical Co. Inc (Japan)
- Eastman (US)
- Solvay (Belgium)
- Fujifilm Holding (Japan)
- Technic Inc. (US)
- Linde plc. (Ireland)
- Air Products and Chemicals Inc.
- Mitsubishi Chemical Corporation
- Dakin
- T.N.C. Industrial Co. Ltd
Key Topics Covered:
1. Executive Summary
2. Electronic Wet Chemicals Market Characteristics
3. Electronic Wet Chemicals Market Trends And Strategies
4. Impact Of COVID-19 On Electronic Wet Chemicals
5. Electronic Wet Chemicals Market Size And Growth
5.1. Global Electronic Wet Chemicals Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Electronic Wet Chemicals Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Electronic Wet Chemicals Market Segmentation
6.1. Global Electronic Wet Chemicals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Acetic Acid (CH3OOH)
- Isopropyl Alcohol (IPA) (C3H8O)
- Hydrogen Peroxide (H2)
- Hydrochloric Acid (HCL)
- Ammonium Hydroxide (NH4OH)
- Hydrofluoric Acid (HF)
- Nitric Acid (HNO3)
- Phosphoric Acid (H3PO4)
- Sulfuric Acid (H2SO4)
6.2. Global Electronic Wet Chemicals Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Liquid
- Solid
- Gas
6.3. Global Electronic Wet Chemicals Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Semiconductor
- Etching
- Cleaning
6.4. Global Electronic Wet Chemicals Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Consumer Goods
- Automotive
- Aerospace and Defense
- Medical
7. Electronic Wet Chemicals Market Regional And Country Analysis
7.1. Global Electronic Wet Chemicals Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Electronic Wet Chemicals Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
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