According to a market report by Lucintel, the future of speciality gas in the global electronic chemical market looks promising with opportunities in the integrated circuit and semiconductor, flat panel display & light emitting diode, photovoltaic, and printed circuit board markets. The global electronic chemical market in terms of speciality gas is expected to reach an estimated $14.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing acceptance of nanotechnology that has moved consumers towards MEMS & NEMS devices, significantly growing electronic industry, and growing demand for high-value products in various applications, such as specialized deposition and etch.
Within this market, integrated circuits and semiconductors are expected to remain the largest segment due to rising adoption of loT devices and growing usage in a vast range of real-time connected applications and devices.
APAC will remain the largest region due to the rapid growth in the electronics industry, increasing awareness towards benefits of using electronic specialty gases, and growing demand from end-use industries, such as automotive, IT, and consumer goods.
Air Products & Chemicals, Bayer AG, Albemarle Corporation, Ashland Inc., BASF Electronic Chemicals, Air Liquide Holdings Inc., Honeywell International, Linde Group, Dow Chemical Company, Hitachi Chemical Company, Sumitomo Chemical, and Brewer Science are the major suppliers for speciality gas in the global electronic chemical market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global speciality gas in electronic chemical market by application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Speciality Gas in the Global Electronic Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global speciality gas in electronic chemical market by application, and region, as follows:
Speciality Gas in the Electronic Chemical Market by Application: Semiconductors and Others [Value ($B) Shipment Analysis from 2017 to 2028]:
Integrated Circuits and Semiconductors
Flat Panel Displays & Light Emitting Diodes
Photovoltaic
Printed Circuit Boards
Others
Speciality Gas in the Electronic Chemical 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.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the speciality gas in electronic chemical market by application (integrated circuits and semiconductors, flat panel displays & light emitting diodes, photovoltaic, 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 product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?