Press release
Electronic Chemicals Market | Global 2018 to 2022 | Trends | End User Application | Demand | Revenue | Share | Size Analysis by Forecast
Electronic Chemicals MarketElectronic Chemicals Market Overview:
Electronic Chemicals Market is expected to be worth USD 63 billion in 2022 and will grow at the CAGR of 6.9% from 2016 to 2022.
Electronic chemicals are used in various application namely semiconductor & IC, PCB and others. Growing advancement of electronic chemicals market would be beneficial in the near future. Electronics chemicals have been used in various applications in last few decades and is expected to be used in future as well in diverse applications.
Electronic Chemicals Market are in Asia-Pacific followed by U.S. in North America which shows a remarkable growth of the electronic chemicals market due to high demand of electrical, automobile industry. Rapid industrialization in countries like China, India and Mexico contribute further in the growth of this market. However, increasing number of environmental regulations is expected to hamper market growth. Row is anticipated to be the fastest growing region for electronic chemicals market for the forecasted period. High growth in the developing economies of South America and Africa is anticipated to drive demand for electronic chemicals in the Row region.
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Electronic Chemical Market Highlights:
Electronic Chemicals Market has been evaluated to be rapidly growing and is expected to grow tremendously. The global market for IC process chemicals is expected to grow at average annual growth rate approximately 6.5% in 2016. The market of electronic chemicals had an approximately 18.5% drop in the year 2009. With 55% of aggregate chemical consumption semiconductor represented the biggest share in 2016. Utilization of gasses utilized as a part of the semiconductor business is relied upon to develop by around 6% all things considered yearly through 2016. As semiconductor many-sided quality expands, the quantity of process steps and number of layers develop as gas-stage carving and cleaning uproot some wet procedures. Around 55% of aggregate utilization by esteem was represented by air gasses (mass and barrel); the remaining 43% included the specialty gases silane and its derivatives, dopants and etchants, cleaners and reactants. The global gas market for the semiconductor industry is dominated by Air Liquide, Air Products, Linde Nippon Sanso and Praxair. A variety of other companies are niche players and supply gas specialties (fluorinated compounds, dopants, and low- and high-k dielectric precursors).
Development in the utilization of IC process chemicals is driven by increase in introduced fab capacity—which has drastically increased in the course of recent years, with the main part of the new limit at the 45–180 nm nodes—and processed silicon wafer surface zone, and in-addition by more costly chemicals consumed by the new innovation nodes. Expanded innovation productivity gave by the semiconductor hardware industry is prompting to lower material use per silicon wafer surface zone, while in the meantime well-demonstrated and develop product offerings from photoresists, wet process chemicals, environmental gasses, CMP slurries and sputtering targets encounter serious value weights.
Electronic Chemical Market Key Players:
The major participants of this market are Albemarle Corporation, BASF SE, Air Products and Chemicals, Inc, Ashland Inc., The Dow Chemical Company, Covestro AG, The Linde Group, Cabot Microelectronics, AZ Electronic Materials, Huntsman Corporation and others.
Electronic Chemical Market Segmentation:
Electronic Chemical Market is majorly segmented on the basis of form and by applications. Based on form the market is segmented into Solid, Liquid and Gaseous. Further on the basis of applications the market is classified into semiconductor & IC, PCB and others.
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Study Objectives of Electronic Chemicals Market:
To study market overview of electronic chemicals
To estimate the market size by form and application
To provide insights about market drivers, restrains and opportunities
To provide geographical analysis of the market and future outlook of the same with respect to North America, Europe, Asia and other parts of the world.
To analyze the present status and future growth of global electronic chemicals market based on various factors- supply chain analysis, Porters Five Force analysis etc.
To provide strategic profiling of key players in the market and broadly analyzing their core competencies.
To evaluate competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments in the global electronic chemicals market
Electronic Chemicals Market Table of Content:
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 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Electronic Chemicals Market
5 Industry Overview of Global Electronic Chemicals Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
6 Market Trends
Electronic Chemicals Market Table of Content to be Continue………,
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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