Electronic Chemicals Market: By Type, By Application, and Geography

Electronic Chemicals Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Specialty Gases, Wet Chemicals, Photoresist Chemicals, and CMP Slurries), By Application (Integrated Circuits, Flat Panels, Displays, Printed Circuits Board), and Region

Electronic Chemicals Market was valued at US$ 23.56 billion in 2023 and is anticipated to reach US$ 41.6 billion by 2030, and poised to grow at a 5.6% CAGR from 2024 to 2030. Electronic chemicals are used in the automotive and electronic appliances sector for the manufacturing of semiconductors across the world. Digital semiconductor is used in computers, servers, mobile phones, and other consumer electronics which drives extensive demand globally, along with the growing adoption of lithium-ion batteries the demand for consumer electronics market drives the market growth.

Various technological advancements such as IoT (Internet of Things) and artificial intelligence have created new product subcategories in home appliances and electronic devices, also rising demand for electronic vehicles fabricates lucrative opportunities in the market. the stringent government regulations for environment safety regarding certain chemicals and materials hampers the market growth, and the recycling of the product, and use of refrigerants to prevent in products are the major factor that hinders the market growth. the new developments in technology in healthcare, infrastructure, and consumer devices are the major trends experiencing a rapid boom in the electronic chemicals market. 

Electronic Chemicals Market Key Developments:
  • In January 2022, SABIC introduced LNP ELCRIN EXL7414B copolymer, the company’s first bio-based polycarbonate (PC) copolymer to help advance the consumer electronics industry’s net-zero carbon emissions goals.
  • In April 2019, Linde LienHwa launched the new SPECTRA® EM brand for premium electronic materials in an event at its Chung Gang site in Taichung, Taiwan.

Electronic Chemicals Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Electronic Chemicals Market Dynamics

The growing technology in automobiles, consumer electronics, and healthcare technology across the world is the major market driver in the Electronic Chemicals Market during the forecast period. Semiconductors are used for manufacturing various chips, circuits, and devices which have extensive demand in the market, the growing healthcare sector, and new technological advancements in medical devices. The integrated circuits growth is attributed to the adoption of IoT devices in electronic devices and electrical vehicles will accelerate the market share and this will drive the market with significant growth.

Electronic Chemicals Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 23.56 billion

Market Size in 2030

US$ 41.6 billion

Market CAGR

5.6%

By Type

  • Specialty Gases
  • Wet Chemicals
  • Photoresist Chemicals
  • CMP Slurries

By Application

  • Integrated Circuits
  • Flat Panels
  • Displays
  • Printed Circuits Board

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The electronic chemicals market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

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Frequently Asked Questions

The electronic chemicals market size was valued at US$ 23.56 billion in 2023

The electronic chemicals market is poised to grow at a significant CAGR of 5.6% from 2024 to 2030

The leading players in the Electronic Chemicals Market are Air Products and Chemicals, Inc., Linde AG, JSR Corporation, Cabot Microelectronics Corporation, Air Liquide SA, Hitachi Chemical Co. Ltd, DIC Corporation, Dow DuPont, Albemarle Corporation, and Solvay S.A.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Electronic Chemicals Market Introduction 
2.1.Global Electronic Chemicals Market  - Taxonomy
2.2.Global Electronic Chemicals Market  - Definitions
2.2.1.Type
2.2.2.Application
2.2.3.Region
3.Global Electronic Chemicals Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Electronic Chemicals Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Electronic Chemicals Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Specialty Gases
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Wet Chemicals
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Photoresist Chemicals
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. CMP Slurries
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Electronic Chemicals Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Integrated Circuits
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Flat Panels
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Displays
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Printed Circuits Board
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.Global Electronic Chemicals Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Specialty Gases
8.1.2.Wet Chemicals
8.1.3.Photoresist Chemicals
8.1.4.CMP Slurries
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Integrated Circuits
8.2.2.Flat Panels
8.2.3.Displays
8.2.4.Printed Circuits Board
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Specialty Gases
9.1.2.Wet Chemicals
9.1.3.Photoresist Chemicals
9.1.4.CMP Slurries
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Integrated Circuits
9.2.2.Flat Panels
9.2.3.Displays
9.2.4.Printed Circuits Board
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Specialty Gases
10.1.2.Wet Chemicals
10.1.3.Photoresist Chemicals
10.1.4.CMP Slurries
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Integrated Circuits
10.2.2.Flat Panels
10.2.3.Displays
10.2.4.Printed Circuits Board
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Specialty Gases
11.1.2.Wet Chemicals
11.1.3.Photoresist Chemicals
11.1.4.CMP Slurries
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Integrated Circuits
11.2.2.Flat Panels
11.2.3.Displays
11.2.4.Printed Circuits Board
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Electronic Chemicals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Specialty Gases
12.1.2.Wet Chemicals
12.1.3.Photoresist Chemicals
12.1.4.CMP Slurries
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Integrated Circuits
12.2.2.Flat Panels
12.2.3.Displays
12.2.4.Printed Circuits Board
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Air Products and Chemicals, Inc.
13.2.2.Linde AG
13.2.3.JSR Corporation
13.2.4.Cabot Microelectronics Corporation
13.2.5.Air Liquide SA
13.2.6.Hitachi Chemical Co. Ltd
13.2.7.DIC Corporation
13.2.8.Dow DuPont
13.2.9.Albemarle Corporation
13.2.10.Solvay S.A.
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Air Products and Chemicals, Inc.
  • Linde AG
  • JSR Corporation
  • Cabot Microelectronics Corporation
  • Air Liquide SA
  • Hitachi Chemical Co. Ltd
  • DIC Corporation
  • Dow DuPont
  • Albemarle Corporation
  • Solvay S.A.

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