Electronic Chemicals Market, By Product Type (Speciality Gases, CMP Slurries, Conductive Polymers, Photoresist Chemic, OthersBy Application: Semiconductor & IC, Printed Circuit Boards, and Photovoltaic ), By Application, By Geography

Description

The Electronic Chemicals Market size is estimated to be valued at US$ 67.92 Bn in 2023 and is projected to reach US$ 104.86 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 6.4% during the 2023-2030 period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 67.92 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	6.40%	2030/2031 Value Projection:	US$ 104.86 Bn

Figure 1. Electronic Chemicals Market Share (%), By Region, 2023

The electronic chemicals market has been growing steadily over the past few years. Electronic chemicals refer to the various chemicals that are used in the manufacturing of electronic components and products. They play a vital role in ensuring functionality, performance, and reliability of electronics. Some of the key electronic chemicals that are used include specialty gases, CMP slurries, wet chemicals, and photoresists. Increasing demand for consumer electronics such as smartphones, laptops, and tablets across the world has been a major driver of growth in the demand for electronic chemicals. Electronics manufacturing is developing rapidly in Asia Pacific region with countries like China and Taiwan emerging as key manufacturing hubs, which in turn, boosted the electronic chemicals market in recent times. However, environmental regulations surrounding the use of toxic chemicals pose a challenge for market players in this industry. Innovation in green chemicals with low environmental footprint will be an important area of focus in the near future.

Market Dynamics

The electronic chemicals market has been witnessing strong growth driven by factors such as growing demand for consumer electronics, increasing penetration of electronics in automotive industry and progression of industrial automation. Miniaturization trend across major electronics has also been propelling higher need for advanced electronic chemicals. Furthermore, surge in demand for semiconductors owing to proliferation of IoT connected devices is creating new avenues for market players. However, implementation of stringent environmental regulations regarding emission and disposal of hazardous chemicals present a major restraint. Also, volatility in raw material prices poses a challenge. On the upside, development of bio-based chemicals with lower toxicity provides a key growth opportunity in the coming years. Ongoing research and development (R&D) towards new alternative materials is another factor that can create new opportunities.

Key features of the study:

This report provides in-depth analysis of the global electronic chemicals market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the electronic chemicals market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include BASF SE, Air Products and Chemicals Inc., The Dow Chemical Company, Merck KGaA (known as EMD Performance, Materials in North America), SUMCO Corporation, JSR Corporation, Shin-Etsu Chemical Co., Ltd., Cabot, Microelectronics Corporation, Tokyo Ohka Kogyo Co., Ltd., and Honeywell International Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The electronic chemicals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the electronic chemicals market.

Electronic Chemicals Market Detailed Segmentation:

By Product Type:
- Speciality Gases
- CMP Slurries
- Conductive Polymers
- Photoresist Chemic
- Others
By Application
- Semiconductor
- Integrated Circuit
- Printed Circuit Board
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Top Companies in Global Electronic Chemical Market:
- BASF SE
- Air Products and Chemicals, Inc.
- The Dow Chemical Company
- Merck KGaA (known as EMD Performance Materials in North America)
- SUMCO Corporation
- JSR Corporation
- Shin-Etsu Chemical Co., Ltd.
- Cabot Microelectronics Corporation
- Tokyo Ohka Kogyo Co., Ltd.
- Honeywell International Inc.

Product Code: CMI6164

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Electronic Chemical Market Snippet, By Product Type
- Electronic Chemical Market Snippet, By Application
- Electronic Chemical Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Miniaturization of electronic devices
Advancements in semiconductor technology
- Restraints
Environmental concerns
Regulatory constraints
- Opportunities
Green and sustainable chemicals
Advanced display technologies
Key Highlights
Regulatory Scenario
Recent Trends
Product launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Electronic Chemicals Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Electronic Chemicals Market, By Product Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Speciality Gases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
CMP Slurries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Conductive Polymers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Photoresist Chemic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Electronic Chemical Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Semiconductor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Integrated Circuit
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Printed Circuit Boards (PCB)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Electronic Chemicals, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030,(US$ Bn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

8. Competitive Landscape

BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Air Products and Chemicals Inc.,
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
The Dow Chemical Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Merck KGaA (known as EMD Performance, Materials in North America)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
SUMCO Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
JSR Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Shin-Etsu Chemical Co., Ltd.,
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Cabot
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Microelectronics Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Tokyo Ohka Kogyo Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Honeywell International Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

References
Research Methodology
About us