Global electronic chemicals market stood at USD21 billion in 2016, and is forecast to grow at a CAGR of 6.3%, in value terms, to reach USD38.9 billion by the end of 2026.
Report URL- https://www.techsciresearch.com/report/global-electronic-chemicals-market-by-application-semiconductor-ic-pcb-by-type-cmp-slurry-wet-deposition-gases-ancillary-chemicals-by-region-competition-forecast-opportunities/1235.html
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Global Electronic Chemicals Market Forecast 2026 - brochure
1. Global Electronic Chemicals Market Outlook
2012-26
Global Electronic Chemicals Market
By Application, By Type, By Region, Competition
Forecast & Opportunities, 2012 – 2026
10. I n d u s t r y B r i e f
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Global Electronic Chemicals Market to Grow at 6% CAGR till 2026
According to TechSci Research report, “Global Electronic Chemicals Market By Application, By Type, By Region,
Competition Forecast & Opportunities, 2012 – 2026”, global electronic chemicals market is projected to grow at
a CAGR of 6.33%, in value terms, during 2017 – 2026. Growth in consumer electronics and technology
industry, increasing use of semiconductors in industries such as aviation, defense, etc., coupled with surging
demand for computers, smartphones, tablets, etc., which require electronic chemicals for the manufacturing of
chips and PCBs installed in these devices, is expected to boost demand for electronic chemicals, globally, during
the forecast period. Moreover, growth in the market over the coming years is anticipated to be driven by
stringent government policies which are leading to the development of environment friendly chemicals.
Electronic chemicals can be broadly segmented into four categories, namely, CMP slurry, wet deposition, gases
and ancillary chemicals. Of these categories, CMP slurry is forecast to register the maximum growth during
forecast period, owing to its increasing demand for designing small-sized chips for multiple applications. Several
companies across the globe have joined hands to design special CMP slurry, which can be used for production of
small-sized high-performance chips. Asia-Pacific is the largest consumer of electronic chemicals on account of
huge and rising manufacturing of PCBs and semiconductors in the region. The region is expected to maintain its
dominance through 2026 as Taiwan is the global leader in production of electronic appliances and China in
manufacturing of PCBs.
“Electronic chemicals are widely used in electronic industry to manufacture semiconductors, ICs and PCBs. Due
to increasing use of smartphones, computers and tablets, globally, production of semiconductors is expected to
grow in the coming years. Moreover, rising demand from aviation industry for semiconductors in electronic
circuits for monitoring cockpit functions, actuator systems, engine controls and RF & microwave systems is
anticipated to positively influence the global electronic chemicals market in coming years”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global management consulting firm.
12. R e p o r t O r d e r i n g
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Report Name: Global Electronic Chemicals Market By Application, By
Type, By Region, Competition Forecast & Opportunities, 2012 – 2026
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