The Global Electronic Wet Chemicals Market size was valued at around USD 3.5 billion in 2023 and is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2024-30.
Global Electronic Wet Chemicals Market Driver:
Rising Demand for Hydrogen Peroxide from the Semiconductor Industry to Drive Market Growth – The Electronic Wet Chemicals Market is greatly impacted by the heightened demand for hydrogen peroxide in semiconductor manufacturing. This versatile substance plays a crucial role in cleaning and etching procedures, effectively eliminating organic and inorganic contaminants from semiconductor wafers. As technology advances towards smaller nodes like 7nm and 5nm, precision demands increase driving the increased use of hydrogen peroxide critical cleaning processes to achieve requisite cleanliness levels for advanced semiconductors.
Hydrogen peroxide’s effectiveness as an oxidizer within Chemical-Mechanical Planarization (CMP) slurries further contributes to achieving flat wafer surfaces essential to producing high-quality chips. Hydrogen Peroxide’s environmentally friendly nature aligns with sustainability trends among industry stakeholders thus increasing its adoption potential.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Electronic Wet Chemicals Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Form
- Liquid Form- Market Size & Forecast 2019-2030, (Thousand Tons)
- Gas Form- Market Size & Forecast 2019-2030, (Thousand Tons)
- Solid Form- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Type
- Acetic Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
- Isopropyl Alcohol- Market Size & Forecast 2019-2030, (Thousand Tons)
- Hydrogen Peroxide- Market Size & Forecast 2019-2030, (Thousand Tons)
- Hydrochloric Acids- Market Size & Forecast 2019-2030, (Thousand Tons)
- Ammonium Hydroxide- Market Size & Forecast 2019-2030, (Thousand Tons)
- Phosphoric Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
- Sulfuric Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (Hydrofluoric Acid, Nitric Acid, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Application
- Semiconductor- Market Size & Forecast 2019-2030, (Thousand Tons)
- IC Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
- PCB- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- By End-Use Industry
- Consumer Goods- Market Size & Forecast 2019-2030, (Thousand Tons)
- Automotive- Market Size & Forecast 2019-2030, (Thousand Tons)
- Aerospace & Defense- Market Size & Forecast 2019-2030, (Thousand Tons)
- Medical- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Avantor Inc., Basf Se, Cabot Microelectronics Corporation, Honeywell International Inc., Kanto Chemical Industry Co. Ltd., Eastman Chemical Company, Fujifilm Holdings Corporation, Technic Inc., Linde Plc, Mitsubishi Chemical Corporation, Air Products And Chemicals Inc., Sarex Chemicals Ltd., Others
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