Major players in the electronic wet chemicals market are: Avantor Inc. (US), BASF SE (Germany), Cabot Microelctronics (US), Honeywell International Inc. (US), Kanto Chemical Co., Inc. (Japan), Eastman (US), Solvay (Belgium), Fujifilm Holding (Japan), Technic Inc. (US), Linde Plc. (Ireland), Air Products and Chemicals Inc., Mitsubishi Chemical Corporation, Dakin, and T.N.C. Industrial Co., Ltd.
The global electronics wet chemicals market is expected to grow from $3.46 billion in 2021 to $3.62 billion in 2022 at a compound annual growth rate (CAGR) of 4.56%. The growth is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.41 billion in 2026 at a CAGR of 5.05%.
The electronics wet chemicals market consists of sales of electronic wet chemicals by entities (organizations, sole proprietors, and partnerships) that produce high purity chemicals that are used in cleaning and etching applications during semiconductor production and processing. Electronic wet chemicals are used in the production of products in a variety of industries, including consumer goods, automotives, aerospace and defense, and medicine.
The main types of electronic wet chemicals are 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 electric wet chemicals are of various forms, such as liquid, solid, and gas. These are used in applications such as semiconductor etching and cleaning. The electric wet chemicals are used by end users, including consumer goods, automotives, aerospace and defense, and medical devices.
Asia-Pacific was the largest region in the electronic wet chemicals market in 2021 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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 electronic industry.This increase in demand for semiconductors is directly leading to the increase in demand for the electronic wet chemicals market. For instance, according to the semiconductor industry association (SIA), the sales of semiconductors were around $50 billion in October 2021, an increase of 24.6% from October 2020. Therefore, the rise in the demand for the use of semiconductors in various industries drives the electronic wet chemicals market.
Strategic collaboration between companies is a key trend gaining popularity in the electronic wet chemicals market. Companies manufacturing electronic wet chemicals are undergoing partnerships and collaborations to develop new technologies and products. For instance, in January 2020, Solvay, a company operating in electronic wet chemicals based in Belgium, and SGL Carbon, a company specialising in manufacturing carbon fibre based in Germany, partnered to create new composites for aerospace. This partnership extends the portfolio of Solvay in the composites segment and can tackle the needs of aerospace.
In October 2021, Entegris, a company that provides specialty chemicals and material solutions for the microelectronics industry based in the United States, acquired the Precision Microchemicals business of BASF for $90 million. This acquisition will add value to Entregris in areas such as technical expertise, intellectual property, and talent. The Precision Microchemicals business is part of the Surface Treatment business unit of BASF’s Coatings division, operating under the Chemetall brand, which develops, manufactures, and markets high-purity materials based in Germany.
The countries covered in the Electronic Wet Chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The global electronics wet chemicals market is expected to grow from $3.46 billion in 2021 to $3.62 billion in 2022 at a compound annual growth rate (CAGR) of 4.56%. The growth is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.41 billion in 2026 at a CAGR of 5.05%.
The electronics wet chemicals market consists of sales of electronic wet chemicals by entities (organizations, sole proprietors, and partnerships) that produce high purity chemicals that are used in cleaning and etching applications during semiconductor production and processing. Electronic wet chemicals are used in the production of products in a variety of industries, including consumer goods, automotives, aerospace and defense, and medicine.
The main types of electronic wet chemicals are 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 electric wet chemicals are of various forms, such as liquid, solid, and gas. These are used in applications such as semiconductor etching and cleaning. The electric wet chemicals are used by end users, including consumer goods, automotives, aerospace and defense, and medical devices.
Asia-Pacific was the largest region in the electronic wet chemicals market in 2021 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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 electronic industry.This increase in demand for semiconductors is directly leading to the increase in demand for the electronic wet chemicals market. For instance, according to the semiconductor industry association (SIA), the sales of semiconductors were around $50 billion in October 2021, an increase of 24.6% from October 2020. Therefore, the rise in the demand for the use of semiconductors in various industries drives the electronic wet chemicals market.
Strategic collaboration between companies is a key trend gaining popularity in the electronic wet chemicals market. Companies manufacturing electronic wet chemicals are undergoing partnerships and collaborations to develop new technologies and products. For instance, in January 2020, Solvay, a company operating in electronic wet chemicals based in Belgium, and SGL Carbon, a company specialising in manufacturing carbon fibre based in Germany, partnered to create new composites for aerospace. This partnership extends the portfolio of Solvay in the composites segment and can tackle the needs of aerospace.
In October 2021, Entegris, a company that provides specialty chemicals and material solutions for the microelectronics industry based in the United States, acquired the Precision Microchemicals business of BASF for $90 million. This acquisition will add value to Entregris in areas such as technical expertise, intellectual property, and talent. The Precision Microchemicals business is part of the Surface Treatment business unit of BASF’s Coatings division, operating under the Chemetall brand, which develops, manufactures, and markets high-purity materials based in Germany.
The countries covered in the Electronic Wet Chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Table of Contents
1. Executive Summary2. Electronic Wet Chemicals Market Characteristics3. Electronic Wet Chemicals Market Trends And Strategies4. Impact Of COVID-19 On Electronic Wet Chemicals28. Key Mergers And Acquisitions In The Electronic Wet Chemicals Market29. Electronic Wet Chemicals Market Future Outlook and Potential Analysis
5. Electronic Wet Chemicals Market Size And Growth
6. Electronic Wet Chemicals Market Segmentation
7. Electronic Wet Chemicals Market Regional And Country Analysis
8. Asia-Pacific Electronic Wet Chemicals Market
9. China Electronic Wet Chemicals Market
10. India Electronic Wet Chemicals Market
11. Japan Electronic Wet Chemicals Market
12. Australia Electronic Wet Chemicals Market
13. Indonesia Electronic Wet Chemicals Market
14. South Korea Electronic Wet Chemicals Market
15. Western Europe Electronic Wet Chemicals Market
16. UK Electronic Wet Chemicals Market
17. Germany Electronic Wet Chemicals Market
18. France Electronic Wet Chemicals Market
19. Eastern Europe Electronic Wet Chemicals Market
20. Russia Electronic Wet Chemicals Market
21. North America Electronic Wet Chemicals Market
22. USA Electronic Wet Chemicals Market
23. South America Electronic Wet Chemicals Market
24. Brazil Electronic Wet Chemicals Market
25. Middle East Electronic Wet Chemicals Market
26. Africa Electronic Wet Chemicals Market
27. Electronic Wet Chemicals Market Competitive Landscape And Company Profiles
30. Appendix
Executive Summary
Electronic Wet Chemicals Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global Electronic Wet Chemicals Market.This report focuses on Electronic Wet Chemicals Market which is experiencing strong growth. The report gives a guide to the Electronic Wet Chemicals Market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
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Description:
Where is the largest and fastest growing market for the electronic wet chemicals market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electronic Wet Chemicals Market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Electronic Wet Chemicals Market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The Electronic Wet Chemicals Market section of the report gives context. It compares the Electronic Wet Chemicals Market with other segments of the Electronic Wet Chemicals Market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, electronic wet chemicals market indicators comparison.
Scope
Markets Covered:
1) By Type: 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); Sulfuric Acid (H2SO4)2) By Form: Liquid; Solid; Gas
3) By Application: Semiconductor; Etching; Cleaning
4) By End-Use Industry: Consumer Goods; Automotive; Aerospace and Defense; Medical
Companies Mentioned: Avantor Inc (US); BASF SE (Germany); Cabot Microelctronics (US); Honeywell International Inc. (US); Kanto Chemical Co. Inc. (Japan)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Avantor Inc (US)
- Basf Se (Germany)
- Cabot Microelctronics (US)
- Honeywell International Inc. (US)
- Kanto Chemical Co. Inc (Japan)
- Eastman (US)
- Solvay (Belgium)
- Fujifilm Holding (Japan)
- Technic Inc. (US)
- Linde plc. (Ireland)
- Air Products and Chemicals Inc.
- Mitsubishi Chemical Corporation
- Dakin
- T.N.C. Industrial Co. Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | June 2022 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 3.62 billion |
| Forecasted Market Value ( USD | $ 4.41 billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
