Global Etching Chemicals Market Size study & Forecast, by End Use Industry (Aerospace, Electronic, Medical, Automotive, Construction, Others), by Type (Si Etching Solution, Al Etching Solution, Au Etching Solution, Others), by Application (Chemical Etchin

Global Etching Chemicals Market Size study & Forecast, by End Use Industry (Aerospace, Electronic, Medical, Automotive, Construction, Others), by Type (Si Etching Solution, Al Etching Solution, Au Etching Solution, Others), by Application (Chemical Etching, Photo chemical Etching, Electro chemical Etching), and Regional Analysis, 2023-2030

Global Etching Chemicals Market is valued at approximately USD 1.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2023-2030. Etching chemicals, also known as etchants, are chemical substances used in a process called etching. Etching is a technique used to selectively remove material from a surface, typically to create patterns, and designs, or to engrave information. Etching is commonly used in various industries, including electronics, metalworking, and printmaking. The choice of etching chemical depends on the material being etched. The Etching Chemicals Market is being driven by factors such as an increase in demand for etching chemicals from the electronic industry and the expansion of the automotive industry.

Etching chemicals are mostly used in the electronic industry, etching chemicals are used to selectively remove material from the surface of electronic components, such as metals or semiconductors, to create precise patterns and structures necessary for circuitry and device functionality. According to Statista, the annual revenue of the electronic industry in 2022 was, USD 987 billion and estimated to reach USD 1027 billion by end of 2023. Additionally, global government authorities are making efforts to support the growth of electronic products in their respective countries. For instance, the Government of India released the National Electronics Policy 2018, intending to achieve a turnover of about USD 400 billion in domestic electronics manufacturing by 2025. This is likely to boost the adoption of modern technologies Thus, the increasing size of the electronic industry fueling the growth of Etching Chemicals Market. In addition to an increase in the usage of etching chemicals in the 3D Printing industry and increasing investments in high-tech products. However, the health hazards associated with etching chemicals and competition from alternative technologies stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Etching Chemicals Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increasing electronics manufacturing in the region and the region has also experienced significant growth in the electronics industry, with the presence of major consumer electronics manufacturers, such as Samsung, LG, Sony, and Panasonic. Etching chemicals are essential for the fabrication of integrated circuits, displays, and other electronic components, which are in high demand in this region. Asia pacific is also considered as fastest growing region due to its strong consumer base and rising disposable income in the region.

Major market player included in this report are:
KANTO KAGAKU
BASF SE
SACHEM, INC.
DAIKIN INDUSTRIES, Ltd.
Mitsubishi Chemical Corporation
ADEKA CORPORATION
Solvay
Stella Chemifa Corporation
ZEON CORPORATION
Nagase ChemteX Corporation

Recent Developments in the Market:
 In October 2021, Micrometal GmbH launched a new website (www.micrometal.de) that has a significant market impact as it addresses the needs of professionals seeking a reliable and consistent supply of intricate, geometrically complex metal parts and components through their advanced Photo-Chemical Etching (PCE) process. This development provides professionals with an invaluable resource for accessing high-quality metal parts, streamlining their supply chain, and enabling the production of sophisticated products with precision.

Global Etching Chemicals Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – End Use Industry, Type, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End Use Industry:
Aerospace
Electronic
Medical
Automotive
Construction
Others

By Type:
Si Etching Solution
Al Etching Solution
Au Etching Solution
Ag Etching Solution
Copper Etching Solution
ITO Etching Solution
Etching Gas
Others

By Application:
Chemical Etching
Photo chemical Etching
Electro chemical Etching

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
KANTO KAGAKU
BASF SE
SACHEM, INC.
DAIKIN INDUSTRIES, Ltd.
Mitsubishi Chemical Corporation
ADEKA CORPORATION
Solvay
Stella Chemifa Corporation
ZEON CORPORATION
Nagase ChemteX Corporation

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.