PUBLISHER: Grand View Research | PRODUCT CODE: 1751482
PUBLISHER: Grand View Research | PRODUCT CODE: 1751482
Electronic Grade Nitric Acid Market Size, Share & Trends Analysis Report By Product Type (EL Grade, VL Grade, UL Grade, SL Grade), By Application (Semiconductor, Solar Energy, LCD Panel), By Region, And Segment Forecasts, 2025 - 2030
Electronic Grade Nitric Acid Market Trends:
The global electronic grade nitric acid market size was valued at USD 87.8 million in 2024 and is expected to grow at a CAGR of 5.5% from 2025 to 2030. The growth of the global market for electronic-grade nitric acid is primarily driven by the increasing demand for electronic devices worldwide. This acid is crucial in the cleaning and etching processes during semiconductor manufacturing and is essential for producing high-performance electronics.
Electronic grade nitric acid is a highly pure form of nitric acid used in the electronics industry for cleaning and etching silicon wafers and other electronic components. It is produced through a multi-stage distillation process to achieve a purity level of 99.999% or higher. Additionally, technological advancements and the growth of industries such as electronics and semiconductors further propel the demand for high-purity nitric acid. The expansion of the electronics sector, especially in developing countries, coupled with the trend towards miniaturization of electronic components, further fuels market growth.
As the global emphasis on renewable energy sources intensifies, the demand for photovoltaic cells, which convert sunlight into electricity, has surged. Electronic-grade nitric acid is used in the texturization process of silicon wafers to improve the efficiency of photovoltaic cells. This application significantly contributes to the growing demand for electronic-grade nitric acid, driven by the expanding solar energy sector.
The ongoing trend towards miniaturization of electronic devices, coupled with advancements in technology, necessitates the use of high-purity chemicals like electronic grade nitric acid. The need for smaller, more complex devices with higher performance standards increases the reliance on materials that can ensure the highest levels of precision and cleanliness in manufacturing processes.
However, nitric acid is highly corrosive and toxic, posing substantial risks during production, transport, and storage. Handling nitric acid requires specific safety measures to protect workers and prevent environmental contamination. Regulatory bodies worldwide have imposed strict guidelines on using, storing, and disposing of hazardous chemicals, including nitric acid.
Global Electronic Grade Nitric Acid Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each sub-segment from 2018 to 2030. For this study, Grand View Research has segmented the global electronic grade nitric acid market report based on, product type, application, and region.
- Product Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- EL Grade
- VL Grade
- UL Grade
- SL Grade
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Semiconductor
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
Chapter 2. Executive Summary
Chapter 3. Electronic Grade Nitric Acid Market Variables, Trends & Scope
Chapter 4. Electronic Grade Nitric Acid Market: Product Type Estimates & Trend Analysis
Chapter 5. Electronic Grade Nitric Acid Market: Application Estimates & Trend Analysis
Chapter 6. Electronic Grade Nitric Acid Market: Regional Estimates & Trend Analysis
Chapter 7. Electronic Grade Nitric Acid Market - Competitive Landscape
List of Tables
- Table 1 List of Abbreviation
- Table 2 Electronic Grade Nitric Acid Market, 2018 - 2030 (Kilotons) (USD Million)
- Table 3 Global Market Estimates and Forecasts by Product Type, 2018 - 2030 (Kilotons)
- Table 4 Global Market Estimates and Forecasts by Product Type, 2018 - 2030 (USD Million)
- Table 5 Global Market Estimates and Forecasts by Application, 2018 - 2030 (Kilotons)
- Table 6 Global Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- Table 7 Global Market Estimates and Forecasts by Region, 2018 - 2030 (Kilotons)
- Table 8 Global Market Estimates and Forecasts by Region, 2018 - 2030 (USD Million)
- Table 9 North America Electronic Grade Nitric Acid Market by Product Type, 2018 - 2030 (Kilotons)
- Table 10 North America Electronic Grade Nitric Acid Market by Application, 2018 - 2030 (USD Million)
- Table 11 U.S. Electronic Grade Nitric Acid Market by Product Type, 2018 - 2030 (Kilotons)
- Table 12 U.S. Electronic Grade Nitric Acid Market by Application, 2018 - 2030 (USD Million)
List of Figures
