Global Wet Chemicals Market Insights, Forecast to 2026

Based on our recent survey, we have several different scenarios about the Wet Chemicals YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Wet Chemicals will reach US$ xx in 2026, with a CAGR of xx% from 2020 to 2026.

Wet Chemicals is a variety of electronic chemical materials used in the microelectronics and optoelectronics wet process. In the semiconductor field, wet chemicals are mainly used in the cleaning and corrosion steps in the manufacturing process of integrated circuits. Their purity and cleanliness affect the performance and reliability of integrated circuits.

At present, the global wet chemical market is mainly divided into three major blocks: European and American companies, Japanese companies, and companies in South Korea, China, and Taiwan.

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Europe and North America:

Europe's and United States' companies mainly include BASF(Germany), Ashland (USA), Arch Chemicals (USA), Honeywell (USA), AIR PRODUCTS, Merck (Germany), Avantor Performance Materials (USA), ATMI, etc. European and American companies account for 33% of the global market share.



Japan:

Major companies include Kanto Chemical Company, Mitsubishi Chemical, Kyoto Chemical, Japanese Synthetic Rubber, Sumitomo Chemical, Wako Pure Chemical Industries (Wako), Stella-chemifa, etc. Japanese companies account for 27% of the global market share.



Others:

Companies in South Korea, China and Taiwan: The three account for a total of 38%. Among them, South Korean and Taiwan companies have certain advantages in production technology, and they also have certain competitiveness in the high-end market compared with European, American and Japanese companies. Wet electronic chemical companies in mainland China are still some distance away from the world's overall level. In recent years, wet electronic chemical companies, including Glinda, have continued to innovate in technology and have approached the international leading level in individual fields.

Wet Chemicals Classifications

According to different composition and application processes, wet electronic chemicals can be divided into universal and functional wet electronic chemicals. General wet electronic chemicals are mainly ultra-clean and high-purity reagents, which are generally single-component, single-function, and heavily used liquid chemicals, which can be divided into: acids, alkalis, organic solvents and other categories according to their nature . Acids include hydrofluoric acid, nitric acid, hydrochloric acid, sulfuric acid, phosphoric acid, etc .; alkalis include ammonia, sodium hydroxide, potassium hydroxide, etc .; organic solvents include methanol, ethanol, isopropanol, acetone, ethyl acetate, etc .; others Classes include hydrogen peroxide, etc.

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The classifications in this report are:

Acetic Acid
Sulfuric Acid
Ammonium Hydroxide
Isopropyl Alcohol
Phosphoric Acid
Hydrochloric Acid
Other


Wet Chemicals Applications

Divided by application fields, wet chemicals are mainly used in the fields of semiconductors, flat panel displays, solar energy and LED. Among them, the semiconductor manufacturing field has the highest requirements for wet chemicals and the most technically difficult.



From the perspective of the breakdown of demand in the downstream field, in 2019, the demand for wet electronic chemicals in the semiconductor industry accounts for about 30%, the demand for the flat panel display industry accounts for about 42%, and the demand for the solar industry accounts for about 28%. In the display industry, the share has increased significantly.



Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt and will significantly affect the Wet Chemicals market in 2020.



COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.



The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.



This report also analyses the impact of Coronavirus COVID-19 on the Wet Chemicals industry.

The overall market size of China's wet electronic chemicals in 2019 is US $ 5672 million, a year-on-year growth rate of 4.09%. It is estimated that by 2026, the domestic wet electronic chemical market is expected to exceed xx million US dollars.

Benefiting from the rapid development of downstream industries such as semiconductors, flat panel displays and solar energy, wet electronic chemicals have also developed very rapidly in recent years. In 2019, the global wet electronic chemicals market size was approximately US $ 526 million. In terms of application volume, the semiconductor market has an application volume of approximately 132,000 kilotons, the flat panel display market has an application volume of approximately 101,000 kilotons, the solar cell application has reached 74,000 kilotons, and the three major market applications have reached a total of 307,000 kilotons. It is estimated that by 2026, the global wet electronic chemicals market will reach xx million US dollars, and its application in the three major areas of the world will reach xx thousand tons, with a compound growth rate of about xx%.



With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Wet Chemicals market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Wet Chemicals market in terms of both revenue and volume.



Players, stakeholders, and other participants in the global Wet Chemicals market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.



Sales and Pricing Analyses

Readers are provided with deeper sales analysis and pricing analysis for the global Wet Chemicals market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.



In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.



Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Wet Chemicals market, covering important regions, viz, North America, Europe, China, Japan, South Korea and Southeast Asia. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

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The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.



Competition Analysis

In the competitive analysis section of the report, leading as well as prominent players of the global Wet Chemicals market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.



On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Wet Chemicals market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Wet Chemicals market.



The following manufacturers are covered in this report:

BASF
Ashland
Kanto Chemical
Mitsubishi Chemical
Sumitomo Chemical
Wako Pure Chemical
TOKYO OHKA KOGYO
Honeywell
LG Chem
Arkema
Israel Chemicals
Merck
Greenda Chemical
Eastman Chemical Company
FUJIFILM Corporation
Solvay
Zhejiang Kaiheng Electronic Materials
Do-Fluoride Chemicals
Suzhou Crystal Clear Chemical
Jiangyin Jianghua Microelectronics Materials
Fujian Shaowu Yongfei Chemical
Shaowu Huaxin Chemical Industry
Yingpeng Group
Sanmei


Wet Chemicals Breakdown Data by Type

By Acids
Hydrofluoric Acid
Nitric Acid
Hydrochloric Acid
Phosphoric Acid
Sulfuric Acid


By Alkali
Ammonia
Sodium Hydroxide
Potassium Hydroxide


By Alcohol
Methanol
Ethanol
Isopropanol
Acetone
Ethyl Acetate


Wet Chemicals Breakdown Data by Application

Semiconductor
Flat Panel Display
Solar Energy
Other

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