Electronic Chemicals Market Report - Global Forecast till 2027

Global Electronic Chemicals Market: Information by Product (Atmospheric and Specialty Gases, Photoresist Chemicals, Wet Chemicals, Solvents and Others), Application (Integrated Circuits (ICs) and Semiconductor, Photovoltaic (PV), Printed Circuit Boards  and Others) and Region Forecast till 2027

ID: MRFR/CnM/1580-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2016-2024 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The global electronic chemicals market was valued at USD 20 billion in 2016 and expected to register a CAGR of 6.1% during the forecast period. Electronic chemicals are used to clean and dry electronic devices. They are used to remove minute impurities of semiconductor wafers. Thus, electronic devices require high-purity electronic chemicals to optimize performance. The increase in the demand for electronic products is expected to drive the demand for electronic chemicals. According to the German Electrical and Electronic Manufacturers' Association (ZVEI), the global electronic and electrical industry was valued at USD 4,499.22 billion in 2016 which is estimated to reach USD 5,180.00 billion by the end of 2019. Asia-Pacific is the leading producer of electronic products which was valued at USD 3,312.39 billion, followed by Europe, which accounted for USD 622.45 billion in 2016. Hence, the increasing demand for electronic products is expected to be the key factor driving the growth of the global electronic chemicals market during the review period.


Use of robots and automation in the industrial sector has fueled the demand for machines. These machines can enhance operational efficiency. Electronic chemicals find major applications in machine motion control and sensor & vision components to ensure optimal performance. According to the ZVEI, the global automation sector was valued at USD 556.49 billion in 2016, which is expected to register a significant CAGR during the forecast period. Thus, the growth of the industrial sector is also projected to drive the growth of the global electrical chemicals market during the forecast period.


Global Electronic Chemicals Market Share, by Application, 2017 (%)
 Electronic Chemicals Market


Source: MRFR Analysis


Regional Analysis


Asia-Pacific is expected to dominate the global electronic chemicals market, accounting for a significant market share owing to high production and demand for electronic goods in countries such as China, Japan, South Korea, and Malaysia. In China, the production of electronic products was valued at USD 2,287.47 billion, Japan accounted for USD 328.87 billion, and South Korea’s total production was valued at USD 268.05 billion in 2016. Economic development and rise in disposable income are fueling the growth of the electronics industry, which is expected to drive the growth of the regional market.


The North American market is projected to register healthy growth owing to the high demand for smart devices and technological advancements. The region is influenced by a shift in consumer preference towards fitness & wellness devices and smartwatches. For instance, the US produced electronic goods worth USD 411.09 billion, the second-largest market for electronic products, which is expected to favor the growth of the regional market.


Market Segmentation


The global electronic chemicals market has been segmented on the basis of product type, application, and region. Based on product type, the global market has been divided into atmospheric and specialty gases, photoresist chemicals, and wet chemicals, solvents, and others. The atmospheric and specialty gases is expected to be the fastest-growing segment owing to its increasing application in integrated circuits and semiconductor (ICS). On the basis of application, the global market has been categorized into integrated circuits and semiconductors, flat panel displays & light-emitting diodes, photovoltaics, printed circuit boards, and others. The photovoltaic segment is projected to exhibit exponential growth during the forecast period on account of its ability to generate electric power through the solar cell.


Key Players


Some of the prominent players in the global electronic chemicals market are Air Liquide (France), Honeywell International Inc (US), Eastman Chemical Company (US), Transene Company, Inc (US), Heraeus Group (Germany), Air Products and Chemicals, Inc (US), BASF SE (Germany), Huntsman Corporation (US), Linde AG (Ireland), Solvay (Belgium), NAGASE & CO., LTD (Japan) and Praxair Technology, Inc (UK).


Intended Audience



  • Electronic chemical manufacturers

  • Traders and distributors of electronic chemicals

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :


Electronic chemicals are chemicals used to clean and dry electronic devices.

The global electronic chemicals market was valued at USD 20 billion in 2016.

The global electronic chemicals market is expected to exhibit a strong 6.1% CAGR over the forecast period.

The leading driver for the electronic chemicals market is the growing demand for electronics.

Asia Pacific is the major regional market, due to the growing production of electronics in the region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 Application

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Industry Overview of Global Electronic Chemicals Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Electronic Chemicals Market, by Product Type

7.1 Introduction

7.2 Atmospheric and Specialty Gases

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3 Photoresist Chemicals

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Wet Chemicals and Solvents

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5. Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Electronic Chemicals Market, by Application

8.1 Introduction

8.2 Integrated Circuits and Semiconductor

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Flat Panel Displays & Light Emitting Diodes

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Photovoltaic

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.5 Printed Circuit Boards

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Electronic Chemicals Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast by Product Type, 2020–2027

9.2.5 Market Estimates & Forecast by Application, 2020–2027

9.2.6 US

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.2.6.5 Market Estimates & Forecast by Application, 2020–2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast by Product Type, 2020–2027

9.2.7.5 Market Estimates & Forecast by Application, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.5 Market Estimates & Forecast by Application, 2020–2027

9.3.6 Germany

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.6.5 Market Estimates & Forecast by Application, 2020–2027

9.3.7. France

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.7.5 Market Estimates & Forecast by Application, 2020–2027

9.3.8 Italy

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.8.5 Market Estimates & Forecast by Application, 2020–2027

9.3.9 Spain

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.9.5 Market Estimates & Forecast by Application, 2020–2027

9.3.10 UK

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.10.5 Market Estimates & Forecast by Application, 2020–2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.9.5 Market Estimates & Forecast by Application, 2020–2027

9.3.12 Netherlands

9.3.12.1 Market Estimates & Forecast, 2020–2027

9.3.12.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.12.3 Market Estimates & Forecast by Application, 2020–2027

9.3.13 Rest of Europe

9.3.13.1 Market Estimates & Forecast, 2020–2027

9.3.13.2 Market Estimates & Forecast by Product Type, 2020–2027

9.3.13.5 Market Estimates & Forecast by Application, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.5 Market Estimates & Forecast by Application, 2020–2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.6.5 Market Estimates & Forecast by Application, 2020–2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.7.5 Market Estimates & Forecast by Application, 2020–2027

9.4.8 Japan

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.8.5 Market Estimates & Forecast by Application, 2020–2027

9.4.9 Australia

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.9.5 Market Estimates & Forecast by Application, 2020–2027

9.4.10 Malaysia

9.4.10.1 Market Estimates & Forecast, 2020–2027

9.4.10.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.10.5Market Estimates & Forecast by Application, 2020–2027

9.4.9 South Korea

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.9.5 Market Estimates & Forecast by Application, 2020–2027

9.4.12 Rest of Asia-Pacific

9.4.12.1 Market Estimates & Forecast, 2020–2027

9.4.12.2 Market Estimates & Forecast by Product Type, 2020–2027

9.4.12.5Market Estimates & Forecast by Application, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast by Product Type, 2020–2027

9.5.5 Market Estimates & Forecast by Application, 2020–2027

9.5.6 Saudi Arabia

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.5.6.5 Market Estimates & Forecast by Application, 2020–2027

9.5.7 UAE

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast by Product Type, 2020–2027

9.5.7.5 Market Estimates & Forecast by Application, 2020–2027

9.5.8 Africa

9.5.8.1 Market Estimates & Forecast, 2020–2027

9.5.8.2 Market Estimates & Forecast by Product Type, 2020–2027

9.5.8.5Market Estimates & Forecast by Application, 2020–2027

9.5.9 Rest of the Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2020–2027

9.5.9.2 Market Estimates & Forecast by Product Type, 2020–2027

9.5.9.5 Market Estimates & Forecast by Application, 2020–2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.6.5 Market Estimates & Forecast by Application, 2020–2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020–2027

9.6.4.2 Market Estimates & Forecast by Product Type, 2020–2027

9.6.4.5 Market Estimates & Forecast by Application, 2020–2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020–2027

9.6.5.2 Market Estimates & Forecast by Product Type, 2020–2027

9.6.5.5 Market Estimates & Forecast by Application, 2020–2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020–2027

9.6.6.2 Market Estimates & Forecast by Product Type, 2020–2027

9.6.6.5 Market Estimates & Forecast by Application, 2020–2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020–2027

9.6.7.2 Market Estimates & Forecast by Product Type, 2020–2027

9.6.7.5 Market Estimates & Forecast by Application, 2020–2027

10. Competitive Landscape

10.1 Introduction

10.2 Market Key Strategies

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 Air Liquide

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategies

11.2 Honeywell International Inc

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategies

11.3 Eastman Chemical Company

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategies

11.4 Transene Company, Inc

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategies

11.5 Heraeus Group

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategies

11.6 BASF SE

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategies

11.7 Huntsman Corporation

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategies

11.8 Linde AG

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategies

11.9 Solvay

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategies

11.10 NAGASE & CO., LTD

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategies

11.11 Praxair Technology, Inc

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.11.6 Key Strategies

11.12 KMG Chemicals

11.12.1 Company Overview

11.12.2 Financial Updates

11.12.3 Product/Business Segment Overview

11.12.4 Key Developments

11.12.5 SWOT Analysis

11.12.6 Key Strategies

11.13 Air Products and Chemicals, Inc

11.13.1 Company Overview

11.13.2 Financial Updates

11.13.3 Product/Business Segment Overview

11.13.4 Key Developments

11.13.5 SWOT Analysis

11.13.6 Key Strategies

12. Conclusion

LIST OF TABLES

Table 1 Global Electronic Chemicals Market, by Region, 2020–2027

Table 2 North America: Electronic Chemicals Market, by Country, 2020–2027

Table 3 Europe: Electronic Chemicals Market, by Country, 2020–2027

Table 4 Asia-Pacific: Electronic Chemicals Market, by Country, 2020–2027

Table 5 Middle East & Africa: Electronic Chemicals Market, by Country, 2020–2027

Table 6 Latin America: Electronic Chemicals Market, by Country, 2020–2027

Table 7 Electronic Chemicals Product Type Market, by Region, 2020–2027

Table 8 North America: Electronic Chemicals Product Type Market, by Country, 2020–2027

Table 9 Europe: Electronic Chemicals Product Type Market, by Country, 2020–2027

Table 10 Asia-Pacific: Electronic Chemicals Product Type Market, by Country, 2020–2027

Table 11 Middle East & Africa: Electronic Chemicals Product Type Market, by Country, 2020–2027

Table 12 Latin America: Electronic Chemicals Product Type Market, by Country, 2020–2027

Table 11 Electronic Chemicals Application Market, by Region, 2020–2027

Table 14 North America: Electronic Chemicals Application Market, by Country, 2020–2027

Table 15 Europe: Electronic Chemicals Application Market, by Country, 2020–2027

Table 16 Asia-Pacific: Electronic Chemicals Application Market, by Country, 2020–2027

Table 17 Middle East & Africa: Electronic Chemicals Application Market, by Country, 2020–2027

Table 18 Latin America: Electronic Chemicals Application Market, by Country, 2020–2027

Table 19 Global Electronic Chemicals Product Type Market, by Region, 2020–2027

Table 20 Global Electronic Chemicals Application Market, by Region, 2020–2027

Table 21 North America: Electronic Chemicals Market, by Country, 2020–2027

Table 22 North America: Electronic Chemicals Market, by Product Type, 2020–2027

Table 23 North America: Electronic Chemicals Market, by Application, 2020–2027

Table 24 Europe Electronic Chemicals Market, by Country, 2020–2027

Table 25 Europe Electronic Chemicals Market, by Product Type, 2020–2027

Table 26 Europe Electronic Chemicals Market, by Application, 2020–2027

Table 27 Asia-Pacific Electronic Chemicals Market, by Country, 2020–2027

Table 28 Asia-Pacific Electronic Chemicals Market, by Product Type, 2020–2027

Table 29 Asia-Pacific Electronic Chemicals Market, by Application, 2020–2027

Table 30 Middle East & Africa: Electronic Chemicals Market, by Country, 2020–2027

Table 31 Middle East & Africa: Electronic Chemicals Market, by Product Type, 2020–2027

Table 32 Middle East & Africa: Electronic Chemicals Market, by Application, 2020–2027

Table 33 Latin America: Electronic Chemicals Market, by Country, 2020–2027

Table 34 Latin America: Electronic Chemicals Market, by Product Type, 2020–2027

Table 35 Latin America: Electronic Chemicals Market, by Application, 2020–2027

LIST OF FIGURES

FIGURE 1 Electronic Chemicals Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Electronic Chemicals Market

FIGURE 4 Supply Chain of Electronic Chemicals Market

FIGURE 5 Share of Electronic Chemicals Market, by Country, 2020 (%)

FIGURE 6 Global Electronic Chemicals Market, 2020–2027

FIGURE 7 Sub-Segments of Product Type

FIGURE 9 Electronic Chemicals Market size, by Product Type, 2020 (%)

FIGURE 10 Share of Electronic Chemicals Market, by Product Type, 2020–2027

FIGURE 17 Sub Segments of Application

FIGURE 18 Electronic Chemicals Market size, by Application, 2020 (%)

FIGURE 19 Share of Electronic Chemicals Market, by Application, 2020–2027