According to a market report by Lucintel, the future of the electronic chemical and material market looks promising with opportunities in the semiconductor (integrated circuits and printed circuit boards) segment. The global electronic chemical and material market is expected to reach an estimated $101.4 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major drivers for this market are growing demand from the microelectronics and semiconductor industries along with rising trend of nanotechnology in MEMS and NEMS devices globally.
In this market, specialty gas, CMP slurries, conductive polymers, photoresist chemicals, low K dielectrics, wet chemicals, silicon wafers, and PCB laminates are the major type segments. Lucintel forecasts that silicon wafers are expected to remain the largest segment over the forecast period as these are high-quality materials, which are required in the manufacturing of semiconductors.
Within this market, semiconductor is expected to witness the highest growth over the forecast period because growing demand from industrial machines and electric vehicles and increasing adoption of artificial intelligence and IoT across the globe.
APAC is expected to witness the highest growth over the forecast period due to rapid industrialization and huge demand for printed circuit boards owing to the development in various industries, such as electronic gaming, consumer goods, telecommunications, and IT.
Air Liquide, Honeywell International, Eastman Chemical Company, Transene Company, Heraeus Holding, Air Products, BASF SE, Huntsman International, Linde plc, Cabot Corporation, and Hitachi are the major suppliers in the global electronic chemical and material market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global electronic chemical and material market by type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Electronic Chemical and Material Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global electronic chemical and material market by type, application, and region, as follows:
Electronic Chemical and material Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Specialty Gas
CMP Slurries
Conductive Polymers
Photoresist Chemicals
Low K Dielectrics
Wet Chemicals
Silicon Wafers
PCB Laminates
Electronic Chemical and Material Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Semiconductor
Integrated Circuits
Printed Circuits
Others
Electronic Chemical and Material Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis,
Growth Consulting, M&A, and
Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electronic chemical and material market by type (specialty gas, CMP slurries, conductive polymers, photoresist chemicals, low K dielectrics, wet chemicals, silicon wafers, and PCB laminates), application (semiconductor (integrated circuits and printed circuit boards) and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or type substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?