Electronic chemicals and materials are ultra-pure chemicals that are widely used in semiconductor manufacturing, IC fabrication, and so on. In 2015, the global electronic chemicals and materials market was valued at $43,510 million and is expected to reach $64,919 million by 2022, growing at a CAGR of 6.1% from 2016-to 2022.
Increasing demand for electronic devices across the globe, coupled with government support results in high adoption of electronic chemicals and materials. In addition, technological advancements and growth in application industries such as integrated circuits, photovoltaics, and flat panel displays are also driving the world market for electronic chemicals and materials. The demand for counterfeit semiconductors has proliferated due to their low prices as compared to the authorized products and poor supply chain practices through independent distributors and brokers. These factors are expected to impede the growth of the electronic chemicals and materials market during the forecast period.
Based on application, the market is segmented into wafer fabrication chemicals & materials and packaging chemicals & materials. The wafer fabrication chemicals & materials market is sub-segmented into silicon wafers, photomasks, photoresists, wet chemicals, gases, sputter targets, CMP slurry & pads, and others (low k dielectrics, copper plating solutions, among others). The packaging chemicals & materials market is sub-segmented into lead frames, organic substrates, ceramic packages, encapsulation resins, bonding wires, die-attach materials, and others (solder balls, package dielectrics). In 2015, the wafer fabrication application segment accounted for more than half of the market share in terms of the global value of the electronic chemicals and materials market.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2015, Asia-Pacific occupied the largest share in the global electronic chemicals and materials market, with Taiwan and South Korea as major countries contributing to the growth. Increasing population coupled with rising adoption of electronic devices in this region are significant factors leading to the growth of the electronic chemicals and materials market in the Asia-Pacific region.
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The key players profiled in the report include BASF SE The Dow Chemical Company JSM Corporation Fujifilm KMG Chemicals Air Products and Chemicals Inc. Albemarle Corporation Merck KGaA Huntsman International LLC Honeywell International Inc.
Among these, BASF, The Dow Chemicals Company, Merck KGaA, Honeywell International, and Fujifilm Holdings Corporation are the key players of the world electronic chemicals and materials market. Acquisition and expansion cover 46% and 39% share respectively out of the total number of strategies adopted by the leading companies from 2011-to 2016.
KEY MARKET BENEFITS:
The report provides an extensive analysis of factors, which drive or restrict the growth of the world electronic chemicals and materials market. The market projections for the period 2014-2022 have been included coupled with the impacting factors. The report also provides quantitative as well as qualitative trends to assist the stakeholders in understanding the market scenario. In-depth analyses of key segments of the market demonstrate the consumption pattern of electronic chemicals and materials for different applications across various end-user industries. Competitive intelligence highlights the business practices adopted by the leading market players across various geographies.
KEY MARKET SEGMENTS: By Application Wafer Fabrication Packaging
Wafer Fabrication Chemicals and Materials, by Type Silicon Wafers Photomasks Photoresists Wet Chemicals Gases Sputter Targets CMP Slurry & Pads Others (low k dielectrics, copper plating solutions, among others)
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Packaging Chemicals and Materials, by Type Lead Frames Organic Substrates Ceramic Packages Encapsulation Resins Bonding Wires Die Attach Materials Others (Solder Balls, Package Dielectrics) By Geography North America U.S. Canada Mexico Europe Germany France UK Rest of Europe Asia-Pacific China India Japan Taiwan South Korea Rest of Asia-Pacific LAMEA United Arab Emirates (UAE) Turkey Africa Rest of LAMEA
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