Global Wet Chemicals Market Size study & Forecast, by Product type (Acids, Bases, Solvents, Oxidizers, Others), by Application (Semiconductor, Etching, Cleaning, IC Packaging, PCB, Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Wet Chemicals Market is valued approximately USD 3.40 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2023-2030. Wet chemicals refer to commercial organic and inorganic chemicals used in various industries. They are commonly used as etching and cleaning agents in semiconductor processing systems and have wide-ranging applications in agriculture, textile, electronics, and other fields. The growing use of integrated circuits, chips, and microchips in electronics is driving the demand for semiconductors and subsequently the wet chemicals market. The demand is further fueled by the need for acids, hydroxides, and peroxides for substrate cleaning and etching. Hydrogen peroxide is particularly in high demand for its long-term applications in semiconductor etching and cleaning.

Moreover, the wet chemicals are extensively used in the fabrication of semiconductors. They are employed for various processes such as cleaning, etching, polishing, and surface preparation. As the demand for semiconductors increases, the need for wet chemicals also rises.. According to Statista, in 2022, the global semiconductors market is valued USD 621.88 billion and it is anticipated to reach USD 729.64 billion by 2025. As a result, the growing semiconductors market is anticipated to support the market growth during forecast period. Additionally, the recycling of semiconductors and technological advancements provide lucrative opportunities to the market. However, the increase in raw material prices of Wet Chemicals stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Wet Chemicals Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the growing demand for electronics in countries like China, India, and Japan is anticipated to create a lucrative opportunity for wet chemicals in these regions. According to the China Semiconductor Industry Association 2021, the sales of integrated circuits reached a milestone of USD 157.08 billion in 2021 in China, likewise, the India Electronics and Semiconductor Association predicts that the semiconductor component market in India reach a value of USD 32.35 billion by 2025. North America is expected to grow significantly during the forecast period, owing due to the large number of semiconductors and electronics manufacturers in the U.S. and Canada and increasing demand for electronics products, where these chemicals are utilized as essential etching materials.

Major market player included in this report are:

Evonik Industries AG
Kanto Kagaku Singapore Pte Ltd
Rin Kagaku Kogyo Co. Ltd.
Formosa Daikin Advanced Chemicals Co. Ltd.
Santoku Chemical Industries Co. Ltd.
Hejiang Kaisn Fluorochemical Co. Ltd.
Solvay Inc.
Honeywell International Inc.,
Chang Chun Group
Chemicals Group Co. Ltd.

Recent Developments in the Market:

In July 2022, Entegris, completed the acquisition of CMC Materials, consolidating its position as the worldwide leader in electronic materials. This strategic move strengthened its position as the industry's most extensive portfolio provider and enhanced operational capabilities for applications in the fab environment and throughout the semiconductor ecosystem.

Global Wet Chemicals Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Acids
Bases
Solvents
Oxidizers
Others

By Application:

Semiconductor
Etching
Cleaning
IC packaging
PCB
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Wet Chemicals Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Wet Chemicals Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Wet Chemicals Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Wet Chemicals Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Wet Chemicals Market Dynamics

3.1. Wet Chemicals Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing use of wet chemicals in the semiconductor industry
  - 3.1.1.2. Growing demand for electric vehicles
- 3.1.2. Market Challenges
  - 3.1.2.1. High raw material Cost
  - 3.1.2.2. Availability of alternative substitute
- 3.1.3. Market Opportunities
  - 3.1.3.1. Surging demand for hydrogen peroxide from the semiconductor industry

Chapter 4. Global Wet Chemicals Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Wet Chemicals Market, by Product Type

5.1. Market Snapshot
5.2. Global Wet Chemicals Market by Product Type, Performance - Potential Analysis
5.3. Global Wet Chemicals Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Wet Chemicals Market, Sub Segment Analysis
- 5.4.1. Acids
- 5.4.2. Bases
- 5.4.3. Solvents
- 5.4.4. Oxidizers
- 5.4.5. Others

Chapter 6. Global Wet Chemicals Market, by Application

6.1. Market Snapshot
6.2. Global Wet Chemicals Market by Application, Performance - Potential Analysis
6.3. Global Wet Chemicals Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Wet Chemicals Market, Sub Segment Analysis
- 6.4.1. Semiconductor
- 6.4.2. Etching
- 6.4.3. Cleaning
- 6.4.4. IC packaging
- 6.4.5. PCB
- 6.4.6. Others

Chapter 7. Global Wet Chemicals Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Wet Chemicals Market, Regional Market Snapshot
7.4. North America Wet Chemicals Market
- 7.4.1. U.S. Wet Chemicals Market
  - 7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Wet Chemicals Market
7.5. Europe Wet Chemicals Market Snapshot
- 7.5.1. U.K. Wet Chemicals Market
- 7.5.2. Germany Wet Chemicals Market
- 7.5.3. France Wet Chemicals Market
- 7.5.4. Spain Wet Chemicals Market
- 7.5.5. Italy Wet Chemicals Market
- 7.5.6. Rest of Europe Wet Chemicals Market
7.6. Asia-Pacific Wet Chemicals Market Snapshot
- 7.6.1. China Wet Chemicals Market
- 7.6.2. India Wet Chemicals Market
- 7.6.3. Japan Wet Chemicals Market
- 7.6.4. Australia Wet Chemicals Market
- 7.6.5. South Korea Wet Chemicals Market
- 7.6.6. Rest of Asia Pacific Wet Chemicals Market
7.7. Latin America Wet Chemicals Market Snapshot
- 7.7.1. Brazil Wet Chemicals Market
- 7.7.2. Mexico Wet Chemicals Market
7.8. Middle East & Africa Wet Chemicals Market
- 7.8.1. Saudi Arabia Wet Chemicals Market
- 7.8.2. South Africa Wet Chemicals Market
- 7.8.3. Rest of Middle East & Africa Wet Chemicals Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Evonik Industries AG
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Kanto Kagaku Singapore Pte Ltd
- 8.3.3. Rin Kagaku Kogyo Co. Ltd.
- 8.3.4. Formosa Daikin Advanced Chemicals Co. Ltd.
- 8.3.5. Santoku Chemical Industries Co. Ltd.
- 8.3.6. Hejiang Kaisn Fluorochemical Co. Ltd.
- 8.3.7. Solvay Inc.
- 8.3.8. Honeywell International Inc.,
- 8.3.9. Chang Chun Group
- 8.3.10. Chemicals Group Co. Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Wet Chemicals Market, report scope
TABLE 2. Global Wet Chemicals Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Wet Chemicals Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Wet Chemicals Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Wet Chemicals Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Wet Chemicals Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Wet Chemicals Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Wet Chemicals Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Wet Chemicals Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Wet Chemicals Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Wet Chemicals Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Wet Chemicals Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Wet Chemicals Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Wet Chemicals Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Wet Chemicals Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Wet Chemicals Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Wet Chemicals Market
TABLE 70. List of primary sources, used in the study of global Wet Chemicals Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Wet Chemicals Market, research methodology
FIG 2. Global Wet Chemicals Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Wet Chemicals Market, key trends 2022
FIG 5. Global Wet Chemicals Market, growth prospects 2023-2030
FIG 6. Global Wet Chemicals Market, porters 5 force model
FIG 7. Global Wet Chemicals Market, pest analysis
FIG 8. Global Wet Chemicals Market, value chain analysis
FIG 9. Global Wet Chemicals Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Wet Chemicals Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Wet Chemicals Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Wet Chemicals Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Wet Chemicals Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Wet Chemicals Market, regional snapshot 2020 & 2030
FIG 15. North America Wet Chemicals Market 2020 & 2030 (USD Billion)
FIG 16. Europe Wet Chemicals Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Wet Chemicals Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Wet Chemicals Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Wet Chemicals Market 2020 & 2030 (USD Billion)