PUBLISHER: The Business Research Company | PRODUCT CODE: 1925571
PUBLISHER: The Business Research Company | PRODUCT CODE: 1925571
Electronic wet chemicals play a crucial role in semiconductor production and processing, providing high-purity chemicals for cleaning and etching applications. These chemicals find applications across various industries, including consumer goods, automotive, aerospace and defense, and medicine.
The main types of electronic wet chemicals include 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 chemicals exist in various forms, such as liquid, solid, and gas, and are primarily utilized in semiconductor etching and cleaning processes. End users of electronic wet chemicals encompass a broad spectrum of industries, including consumer goods, automotive, aerospace and defense, and medical devices.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the electronic wet chemicals market by increasing costs of imported acids, solvents, high-purity reagents, and chemical processing equipment. Semiconductor manufacturing hubs in North America and Europe are most affected due to reliance on imported specialty chemicals, while Asia-Pacific faces cost pressure on bulk chemical exports. These tariffs are elevating operational costs and impacting procurement strategies. However, they are also supporting local chemical production, regional purification facilities, and innovation in alternative wet processing formulations.
The electronic wet chemicals market research report is one of a series of new reports from The Business Research Company that provides electronic wet chemicals market statistics, including electronic wet chemicals industry global market size, regional shares, competitors with a electronic wet chemicals market share, detailed electronic wet chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the electronic wet chemicals industry. This electronic wet chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electronic wet chemicals market size has grown strongly in recent years. It will grow from $4.37 billion in 2025 to $4.68 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to expansion of semiconductor device fabrication, increasing miniaturization of electronic components, growth in consumer electronics demand, rising investments in cleanroom infrastructure, availability of specialty wet chemicals.
The electronic wet chemicals market size is expected to see strong growth in the next few years. It will grow to $5.96 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand for advanced semiconductor nodes, rising adoption of 3d chip architectures, expansion of domestic chip manufacturing facilities, growing focus on eco-friendly wet chemicals, increasing regulatory scrutiny on chemical handling. Major trends in the forecast period include increasing adoption of advanced cleaning chemistries, rising demand for precision etching solutions, growing use of ultra-clean wet processing, expansion of semiconductor wet benches, enhanced control of chemical purity.
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 electronics industry. This increasing need for semiconductors directly boosts the demand for electronic wet chemicals. For instance, in February 2024, the Semiconductor Industry Association, a US-based trade association representing the US semiconductor industry, reported that global semiconductor industry sales totaled $526.8 billion in 2023. Therefore, the rise in demand for semiconductors across industries is driving the electronic wet chemicals market.
Major companies operating in the electronic wet chemicals market are focused on innovative solutions, such as ultrapure phosphoric acid for semiconductor production, to meet the stringent purity and performance requirements of advanced semiconductor manufacturing. Ultrapure phosphoric acid for semiconductor production refers to a highly refined form of phosphoric acid used in semiconductor manufacturing processes. For instance, in September 2024, OCI Company Ltd., a South Korea-based chemicals company, introduced its high-purity phosphoric acid, becoming the first South Korean supplier to provide this critical material to all domestic semiconductor manufacturers, including SK Hynix. The first delivery took place in August 2024 following successful quality testing. This product is essential for semiconductor wafer etching processes used in DRAM and NAND flash chip production. With an annual production capacity of 25,000 tons, OCI plans to expand its output to meet rising semiconductor industry demand, strengthening its competitive position in the market.
In October 2023, Fujifilm Holdings Corporation, a multinational conglomerate based in Japan, acquired the Electronic Chemicals Business from Entegris for an undisclosed amount. This acquisition is intended to bolster Fujifilm's leadership in semiconductor materials manufacturing by expanding its portfolio of high-purity process chemicals and enhancing its global presence to meet the increasing demand in the industry. Fujifilm aims to achieve a sales target of JPY 500 billion by 2030. Entegris is a US-based manufacturer of Electronic Materials Process Chemicals.
Major companies operating in the electronic wet chemicals market are Avantor Inc., BASF SE, Cabot Microelectronics Corporation, Honeywell International Inc., Kanto Chemical Co. Inc., Eastman Chemical Company, Solvay S.A., Fujifilm Holdings Corporation, Technic Inc., Linde PLC, Air Products and Chemicals Inc., Mitsubishi Chemical Corporation, Entegris Inc., Dow Inc., Sumitomo Chemical Co. Ltd., Merck KGaA, Shin-Etsu Chemical Co. Ltd., JSR Corporation, Tokyo Ohka Kogyo Co. Ltd., Adeka Corporation, Nippon Kayaku Co. Ltd., JNC Corporation, Asahi Kasei Corporation, Mitsui Chemicals Inc., Showa Denko K.K., Hitachi Chemical Company Ltd.
Asia-Pacific was the largest region in the electronic wet chemicals market in 2025 and is also expected to be the fastest-growing region in the electronic wet chemicals market during the forecast period. The regions covered in the electronic wet chemicals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the electronic wet chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The electronic wet chemicals market consists of sales of etchants, solvents and based that are used as electronic wet chemicals. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electronic Wet Chemicals Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses electronic wet chemicals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electronic wet chemicals ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electronic wet chemicals market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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