Electronic Grade Hydrogen Peroxide Market Size 2022, Types, Applications & Forecast 2030

Global Electronic Grade Hydrogen Peroxide Market is estimated to witness a growth rate of 4.8% over the forecast period mainly due to robust growth of semiconductor industry worldwide, - according to ChemView Consulting's Analyst.

According to a research survey conducted by ChemView Consulting, in 2022, the worldwide Electronic Grade Hydrogen Peroxide Market was worth US$ 332.6 Mn and is expected to grow at a CAGR of 4.8% over the forecast period. The market is expected to hit US$ 483.9 Mn by 2030 end.

The major factor driving the market to expand is the increased complexity of semiconductor chips and the growing demand for premium quality electronic grade hydrogen peroxide for efficient cleaning and purification of fine geometries and tools.

Electronic Grade Hydrogen Peroxide Market 2017-2030: Report Key Highlights:
• Detailed information on factors that will assist Global Electronic Grade Hydrogen Peroxide growth during the next eight years
• Assessment of the historical and current Global Electronic Grade Hydrogen Peroxide Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
• The growth of the Global Cosmetic Ingredients across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
• Segment-wise, country-wise, and region-wise market analysis
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies

Download a free Sample copy of Electronic Grade Hydrogen Peroxide Market: https://chemviewconsulting.com/request-sample/electronic-grade-hydrogen-peroxide-market/

Key Takeaways
By Primary function: The etchant segment is expected to hold the largest share during the forecast period due to rising etching usage and its high effectiveness in chemically removing layers from the surface of a wafer during manufacturing.

By Region: The Asia Pacific region's market is expected to grow significantly and capture the largest share in the future, owing to the strong presence of leading PCB (Printed Circuit Board) and semiconductor manufacturers in China.
China's IC production is expected to grow at more than 10.3% per year until the midterm forecast, increasing demand for electronic-grade hydrogen peroxides.

By Application: The printed circuit board etching segment is expected to account for the largest market share during 2022-2030, owing to the extensive use of hydrogen peroxide in wet circuit boards for good surface uniformity and adaptability.

Competition Summary: The electronic grade hydrogen peroxide market is highly consolidated, with a small number of players accounting for nearly three-quarters of the market share.
The scenario is expected to continue due to these players' ongoing production capacity expansions. Furthermore, prominent players have used their cash reserves to establish themselves in high-potential regions.

Some of the key companies covered in the market study includes Solvay, Santoku Chemical Industries, MGC, Sunresin, Arkema, Technic, Jiangyin Jianghua Microelectronics Materials, Asia Union Electronic Chemical Corp, Suzhou Jingrui Chemical, Hangzhou Jingxin Chemical, PeroxyChem LLC.

Segments Covered in Report
By Primary Function:
• Etchant (Etching Agent) Silicone
• Oxidizing & Cleaning Agent

By Concentration:
• 30 - 32 %
• Above 32%

By Contamination Level:
•

Contact US
ChemView Consulting
US: +1 315 325 8157
Email ID: sales@chemviewconsulting.com
276 5th Avenue Suite 704 - 3186,
New York NY 10001

About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide chemicals & materials, oil & gas, and alternate energy clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

This release was published on openPR.