Electronic Wet Chemicals Market Introduction and Overview
According to SPER Market Research, the Global Electronic Wet Chemicals Market is estimated to reach USD 7.72 billion by 2033 with a CAGR of 7.41%.
Electronic wet Chemicals are compound substances utilized in the assembling and handling of electronic parts and gadgets. These chemical compounds assume a vital part in different phases of electronic creation, like cleaning, scratching, statement, and surface change. They are normally used in semiconductor creation, printed circuit board (PCB) fabricating, and other electronic get-together cycles. These electronic wet chemical substances are utilized to keep up with the perfect climate expected for the assembling system of chips. Also, the utilization of electronic wet Chemicals has expanded in the hardware and semiconductor businesses. These chemical substances are exceptionally used in current businesses like new energy, PCs, data network innovation, microcomputers, present-day correspondences, and modern computerization among others.
- October 2023; FUJIFILM Company has effectively finished the obtaining of Entegris, Inc. electronic chemical compounds business, recently named CMC Materials KMG Organization. The recently rebranded substance, FUJIFILM Electronic Materials Cycle Chemical compounds, assumes a crucial part in Fujifilm's essential extension endeavours to lay down a good foundation for itself as a central member in semiconductor materials producing. This obtaining brings on board an extensive scope of electronic Chemicals, 593 talented workers, and 12 extra locales.
- March 2022; Songwon Modern Co., Ltd. has declared the impending consummation of the development of its new electronic chemical compound's creation line. Arranged in Ulsan, South Korea, the development is expected to close toward the finish of Spring, with startup activities scheduled to begin after that.
Market Opportunities and Challenges
Opportunities- The developing interest for elite execution and specific semiconductors in applications like man-made brainpower (artificial intelligence), 5G innovation, and auto hardware offers electronic wet chemical substances makers chances to give fitted answers for these developing business sectors. The rising need for maintainability and ecological responsibility offers a chance for the turn of events and reception of green and reasonable electronic wet chemical compounds. Producers can gain by the interest for harmless to the ecosystem arrangements and separate themselves. The extension of electronic assembling offices in developing business sectors presents a huge learning experience for electronic wet chemical substances providers. As these business sectors keep on developing, there is an expanded requirement for chemical substances utilized in semiconductor fabricating and other electronic parts.
Challenges- Severe well-being and ecological guidelines seeing specific chemical substances are going about as the controlling element for the market. A portion of the chemical substances and certain gases including hydrogen chloride gas, combustible gases, and different kinds of solvents, are unsafe to the climate, as well as people. Besides, further developed IT frameworks and impending advancements, such as, simulated intelligence and IoT are the arising valuable open doors that are encouraging a worthwhile interest for electronic wet chemicals on the lookout. Besides, advancements, such as, memory chips and server farms are decreasing at a high speed due to the presentation of cloud-based capacity which is the reason for the decrease in the creation of memory chips, which thus declines the interest for electronic wet chemical compounds. In this way, the Quick decrease in the utilization of old innovations straightforwardly influenced the interest in electronic wet chemical compounds, going about as difficult for market development.
Market Competitive Landscape
The Global Electronic Wet Chemicals Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are BASF AG, Linde plc, Shin-Etsu (Japan), Cabot Microelectronics, Air Products, Air Liquid, Songwon, Hitachi Chemical, Solvay A.G., Covestro.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Form, By Application
|
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
|
| Companies Covered | BASF AG, Linde plc, Shin-Etsu (Japan), Cabot Microelectronics, Air Products, Air Liquid, Songwon, Hitachi Chemical, Solvay A.G., Covestro. |
COVID-19 Impact on Global Electronic Wet Chemicals Market
The episode of Coronavirus essentially affected the worldwide electronic wet chemical compounds market due to the general closure of most significant enterprises. The worldwide economy saw a declining pattern during the pandemic. Moreover, the customer gadgets fragment was likewise impacted due to the extreme deficiencies attributable to the interferences brought about by the pandemic in the most critical stockpile and assembling lines for a brief time. Specifically, the electronic area was influenced by the absence of semiconductors and wet chemicals during this period. However, with the working on pandemic circumstances and unwinding of brutal Coronavirus conventions, the market interest in electronic wet chemical substances has risen. Also, the electronic business is blasting after the resumption of assembling units and is expected to drive the electronic wet compound market during the estimate time frame.
Key Target Audience:
- Semiconductor Manufacturers
- Electronics and Electrical Component Manufacturers
- Material Suppliers and Chemical Companies
- Research and Development (R&D) Facilities
- Contract Manufacturers
- End-Users in Consumer Electronics
Our in-depth analysis of the Electronic Wet Chemicals Market includes the following segments:
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By Type:
|
Acetic Acid
Ammonium Hydroxide
Hydrochloric Acid
Hydrofluoric Acid
Hydrogen Peroxide
Isopropyl Alcohol
Nitric Acid
Phosphoric Acid
Sulfuric Acid
Others
|
|
By Form:
|
Gas
Liquid
Solid
|
|
By Application:
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IC Packaging
PCB
Semiconductor
Others
|
Key Topics Covered in the Report:
- Global Electronic Wet Chemicals Market Size (FY’2024-FY’2033)
- Overview of Global Electronic Wet Chemicals Market
- Segmentation of Global Electronic Wet Chemicals Market by Type (Acetic Acid, Ammonium Hydroxide, Hydrochloric Acid, Hydrofluoric Acid, Hydrogen Peroxide, Isopropyl Alcohol, Nitric Acid, Phosphoric Acid, Sulfuric Acid and Others)
- Segmentation of Global Electronic Wet Chemicals Market by Form (Gas, Liquid, and Solid)
- Segmentation of Global Electronic Wet Chemicals Market by Application (IC Packaging, PCB, Semiconductor and Others)
- Statistical Snap of Global Electronic Wet Chemicals Market
- Expansion Analysis of Global Electronic Wet Chemicals Market
- Problems and Obstacles in Global Electronic Wet Chemicals Market
- Competitive Landscape in the Global Electronic Wet Chemicals Market
- Impact of COVID-19 and Demonetization on Global Electronic Wet Chemicals Market
- Details on Current Investment in Global Electronic Wet Chemicals Market
- Competitive Analysis of Global Electronic Wet Chemicals Market
- Prominent Players in the Global Electronic Wet Chemicals Market
- SWOT Analysis of Global Electronic Wet Chemicals Market
- Global Electronic Wet Chemicals Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Electronic Wet Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Electronic Wet Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electronic Wet Chemicals Market
7. Global Electronic Wet Chemicals Market, By Type (USD Million) 2020-2033
7.1. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Type, 2027-2033
7.3. Acetic Acid
7.4. Ammonium Hydroxide
7.5. Hydrochloric Acid
7.6. Hydrofluoric Acid
7.7. Hydrogen Peroxide
7.8. Isopropyl Alcohol
7.9. Nitric Acid
7.10. Phosphoric Acid
7.11. Sulfuric Acid
7.12. Others
8. Global Electronic Wet Chemicals Market, By Form (USD Million) 2020-2033
8.1. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Form, 2020-2026
8.2. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Form, 2027-2033
8.3. Gas
8.4. Liquid
8.5. Solid
9. Global Electronic Wet Chemicals Market, By Application (USD Million) 2020-2033
9.1. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Application, 2020-2026
9.2. Global Electronic Wet Chemicals Market Size, Share and Forecast, By Application, 2027-2033
9.3. IC Packaging
9.4. PCB
9.5. Semiconductor
9.6. Others
10. Global Electronic Wet Chemicals Market Forecast, 2020-2033 (USD Million)
10.1. Global Electronic Wet Chemicals Market Size and Market Share
11. Global Electronic Wet Chemicals Market, By Region, 2020-2033 (USD Million)
11.1. Global Electronic Wet Chemicals Market Size and Market Share By Region (2020-2026)
11.2. Global Electronic Wet Chemicals Market Size and Market Share By Region (2027-2033)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. BASF AG
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Linde plc
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Shin-Etsu (Japan)
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Cabot Microelectronics
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Air Products
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Air Liquid
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Songwon
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Hitachi Chemical,
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Solvay A.G.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Covestro
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
