APAC Electronic Wet Chemicals Market - Industry Trends and Forecast to 2030
Asia-Pacific electronic wet chemicals market is expected to reach USD 4,380.83 million by 2030 from USD 2,494.49 million in 2022, growing at a CAGR of 7.3% during the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Electronic Wet Chemicals Market, By Type (Ultra High Purity Chemicals, Straight Acids and Bases, Etchant Blends, Solvents, Cleaning Chemistries, and Others), By Product (Acetic Acid, Acetone, Ammonium Fluoride, Isopropyl Alcohol, Ammonium Hydroxide, Ethylene Glycol, Citric Acid, N-Methyl, 2 Pyrrolodine (NMP), Hydrochloric Acid, Monoethanolamine, Hydrofluoric Acid, Propylene Glycol Methyl Ether Acetate, Hydrogen Peroxide, Methyl Ethyl Ketone, Phosphoric Acid, Tetramethylammonium Hydroxide, Nitric Acid, Hexamethyldisilazane, Potassium Hydroxide, Dimethyl Sulfoxide, Sodium Hydroxide, Ethanol, Sulfuric Acid, Buffered Oxide Etchants, and Others), Form (Solid, Liquid, and Gas), Solubility Grade (Hydrogen Peroxide Electronic Range, Hydrofluoric Acid Electronic Range, Phosphoric Acid Electronic Grade, and Others), Application (Semiconductors, Etching & Cleaning, Integrated Circuits Manufacturing, Printed Circuit Boards, and Others), End User (Electronics, Aerospace & Defense, Agrochemical, Personal and Beauty Care, Textile, Pulp and Paper, Consumer Goods, Automotive, Medical, and Others), Country (China, India, South Korea, Japan, Taiwan, Thailand, Australia, Singapore, Indonesia, Malaysia, Philippines, New Zealand, Hong Kong, and Rest of Asia-Pacific)- Industry Trends and Forecast to 2030
Overview of Asia-Pacific Electronic Wet Chemicals Market DynamicsDriver
• High demand for wet chemicals due to increasing electronic devices
• Rising application for wet chemicals in the semiconductor industry
Restraint
• The complexity of the manufacturing process
Opportunity
• Rising research and development and innovative technologies
Market PlayersSome of the major market players operating in the Asia-Pacific electronic wet chemicals market are:• Honeywell International Inc
• Mitsubishi Chemical Corporation
• BASF SE
• Linde plc
• ASIA UNION ELECTRONIC CHEMICAL CORP.
• Eastman Chemical Company
• Entegris
• KANTO KAGAKU
• Solvay
• T.N.C. INDUSTRIAL CO., LTD.
• Technic Inc.