MarkNtel Advisors recently published a report, titled, ” Global Electronic Wet Chemicals Market Electronic Wet Chemicals Market – By Form (Liquid Form, Gas Form, Solid Form), By Type (Acetic Acid, Isopropyl Alcohol, Hydrogen Peroxide, Hydrochloric Acids, Ammonium Hydroxide, Phosphoric Acid, Sulfuric Acid, Others), By Application (Semiconductor, IC Packaging, PCB, Others), By End-Use Industry (Consumer Goods, Automotive, Aerospace & Defense, Medical) and others As per as the report The Global Electronic Wet Chemicals Market size was valued at around USD 3.5 billion in 2023 and is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2024-30.
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Global Electronic Wet Chemicals Market Driver:
Rising Demand for Hydrogen Peroxide from the Semiconductor Industry to Drive Market Growth – The Electronic Wet Chemicals Market is greatly impacted by the heightened demand for hydrogen peroxide in semiconductor manufacturing. This versatile substance plays a crucial role in cleaning and etching procedures, effectively eliminating organic and inorganic contaminants from semiconductor wafers. As technology advances towards smaller nodes like 7nm and 5nm, precision demands increase driving the increased use of hydrogen peroxide critical cleaning processes to achieve requisite cleanliness levels for advanced semiconductors.
Hydrogen peroxide’s effectiveness as an oxidizer within Chemical-Mechanical Planarization (CMP) slurries further contributes to achieving flat wafer surfaces essential to producing high-quality chips. Hydrogen Peroxide’s environmentally friendly nature aligns with sustainability trends among industry stakeholders thus increasing its adoption potential.
Leading Companies in Global Electronic Wet Chemicals Market:
Avantor Inc., Basf Se, Cabot Microelectronics Corporation, Honeywell International Inc., Kanto Chemical Industry Co. Ltd., Eastman Chemical Company, Fujifilm Holdings Corporation, Technic Inc., Linde Plc, Mitsubishi Chemical Corporation, Air Products And Chemicals Inc., Sarex Chemicals Ltd., Others.
Global Electronic Wet Chemicals Market Segmentation:
By Form
-Liquid Form- Market Size & Forecast 2019-2030, (Thousand Tons)
-Gas Form- Market Size & Forecast 2019-2030, (Thousand Tons)
-Solid Form- Market Size & Forecast 2019-2030, (Thousand Tons)
By Type
-Acetic Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
-Isopropyl Alcohol- Market Size & Forecast 2019-2030, (Thousand Tons)
-Hydrogen Peroxide- Market Size & Forecast 2019-2030, (Thousand Tons)
-Hydrochloric Acids- Market Size & Forecast 2019-2030, (Thousand Tons)
-Ammonium Hydroxide- Market Size & Forecast 2019-2030, (Thousand Tons)
-Phosphoric Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
-Sulfuric Acid- Market Size & Forecast 2019-2030, (Thousand Tons)
-Others (Hydrofluoric Acid, Nitric Acid, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)
By Application
-Semiconductor- Market Size & Forecast 2019-2030, (Thousand Tons)
-IC Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
-PCB- Market Size & Forecast 2019-2030, (Thousand Tons)
-Others- Market Size & Forecast 2019-2030, (Thousand Tons)
By End-Use Industry
-Consumer Goods- Market Size & Forecast 2019-2030, (Thousand Tons)
-Automotive- Market Size & Forecast 2019-2030, (Thousand Tons)
-Aerospace & Defense- Market Size & Forecast 2019-2030, (Thousand Tons)
-Medical- Market Size & Forecast 2019-2030, (Thousand Tons)
-Others- Market Size & Forecast 2019-2030, (Thousand Tons)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Electronic Wet Chemicals Market are:
•What is Global Electronic Wet Chemicals Market?
•What was the market size in 2023?
•What is the growth rate of the Global Electronic Wet Chemicals Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Electronic Wet Chemicals Market?
•What segments are covered in the Market?
•Who are the key players in the Global Electronic Wet Chemicals Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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