Electronic Chemicals and Materials Market Report 2026

The electronic chemicals and materials market size has grown rapidly in recent years. It will grow from $80.47 billion in 2025 to $89.17 billion in 2026 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to expansion of semiconductor fabrication capacity, growth in consumer electronics production, rising investments in wafer manufacturing, increasing complexity of chip architectures, availability of high-purity chemical supply chains.

The electronic chemicals and materials market size is expected to see rapid growth in the next few years. It will grow to $132.91 billion in 2030 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to increasing demand for advanced logic and memory chips, rising investments in domestic semiconductor manufacturing, expansion of packaging and advanced node technologies, growing focus on sustainable chemical formulations, increasing adoption of ai-driven chip production. Major trends in the forecast period include increasing demand for ultra-high-purity materials, rising use of advanced photoresist chemicals, growing adoption of cmp slurries and pads, expansion of specialty gas consumption, enhanced focus on contamination control.

The rising inclination for connected devices and smart technologies is expected to propel the growth of the electronic chemicals and materials market going forward. Connected devices refer to any physical objects that are connected to other devices or systems with the help of the internet. Electronic chemicals and materials support connected devices and smart technologies by serving as core components such as memories, displays, and LEDs in various devices including mobile phones, computers, laptops, tablets, GPS devices, LED bulbs, TVs, and monitors. For instance, in July 2025, according to the European Commission, a Belgium-based governing body, in 2023 there were approximately 40 billion IoT-connected devices in use, and this number is expected to rise to 49 billion by 2026, reflecting an annual growth rate of 7%. Therefore, the rising inclination for connected devices and smart technologies is driving the electronic chemicals and materials market.

Major companies operating in the electronic chemicals and materials market are focusing on developing innovative solutions, such as electronic-grade solvents, to meet the growing demand for advanced semiconductor manufacturing and other high-tech applications. Electronic-grade solvents refer to high-purity chemical solvents specifically formulated for use in the manufacturing of electronic components, particularly semiconductors, printed circuit boards (PCBs), and other microelectronic devices. For instance, in August 2024, Eastman Chemical Company, a US-based chemical company, launched a new electronic-grade solvent, EastaPure Isopropyl Alcohol (IPA), a high-purity solvent for semiconductor production. It performs well in applications such as wafer cleaning and impurity removal, requiring fast drying and dewatering. Its rapid evaporation rate and compatibility with polar resins make it ideal for electronic cleaning chemicals and photoresist solvents.

In October 2023, FUJIFILM Corporation, a Japan-based materials and technology company, acquired the electronic chemicals business of Entegris Inc. for US$700 million. With this acquisition, FUJIFILM aims to strengthen its semiconductor materials business and expand its global footprint in electronic chemicals manufacturing to better serve the growing demand from semiconductor fabricators. Entegris Inc. is a US-based technology company specializing in the provision of electronic chemicals and materials.

Major companies operating in the electronic chemicals and materials market are Air Liquide, Entegris Inc., Tokyo Ohka Kogyo Co. Ltd., Air Products and Chemicals Inc., Merck Group, Fujifilm Electronic Materials, LG Chem, Sumitomo Chemical Co. Ltd., Cabot Microelectronics Corporation, Sumitomo Bakelite Co. Ltd., BASF SE, Wacker Chemie AG, Huntsman Corporation, Kyocera Chemical Corporation, UBE Industries Ltd., Nitto Denko Corporation, Showa Denko K.K., Indium Corporation, Atotech, Materion Corporation, Cabot Corporation.

Asia-Pacific was the largest region in the electronic chemicals and materials market in 2025. North America is expected to be the fastest-growing region in the electronic chemicals and materials market during the forecast period. The regions covered in the electronic chemicals and materials 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 chemicals and materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electronic chemicals and materials market consists of sales of conductive polymers, low K dielectrics and 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.

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