Global High-purity Isopropyl Alcohol (IPA) for Semiconductor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global High-purity Isopropyl Alcohol (IPA) for Semiconductor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Isopropanol is an organic compound with a molecular formula of C3H8O. Isopropyl alcohol (IUPAC name propan-2-ol and also called isopropanol or 2-propanol) is a colorless, flammable chemical compound (chemical formula CH3CHOHCH3) with a strong odor. As an isopropyl group linked to a hydroxyl group, it is the simplest example of a secondary alcohol, where the alcohol carbon atom is attached to two other carbon atoms. It is a structural isomer of 1-propanol and ethyl methyl ether, also known as dimethyl methanol and 2-propanol. Also known as IPA in the industry. It is a colorless transparent liquid, flammable, and smells like a mixture of ethanol and acetone. It is soluble in water, but also soluble in most organic solvents such as alcohol, ether, benzene, chloroform, etc. It can dissolve a variety of organic and certain inorganic substances such as alkaloids, rubber, shellac, rosin, synthetic resin, etc. It forms an azeotrope with water and is insoluble in salt solution. It can be ignited and burned at room temperature, and the mixture of steam and air can easily form an explosive mixture. Isopropanol is an important chemical product and raw material.

High-purity Isopropyl Alcohol (IPA) for Semiconductor refers to ultra-clean high-purity reagents with a purity of over 99.9% that can be used in the semiconductor industry. The maximum impurity content is 0.01-10ppm, and some can be reduced to the ppb level. The metal impurity content is less than 1ppb, and the dust level reaches 0-2ppb. Usually used in semiconductor manufacturing, PCB cleaning, liquid crystal display cleaning, etc.

Market Overview:

The latest research study on the global High-purity Isopropyl Alcohol (IPA) for Semiconductor market finds that the global High-purity Isopropyl Alcohol (IPA) for Semiconductor market reached a value of USD 127.86 million in 2022. It’s expected that the market will achieve USD 267.05 million by 2028, exhibiting a CAGR of 13.06% during the forecast period.

High-purity Isopropyl Alcohol (IPA) for Semiconductor Drivers

With the rapid development of semiconductor technology, the requirements for ultra-clean and high-purity reagents (such as High-purity Isopropyl Alcohol (IPA) for Semiconductor) are getting higher and higher. In the processing of integrated circuits (IC), ultra-clean and high-purity reagents are mainly used for cleaning and etching the surface of chips and silicon wafers. Its purity and cleanliness have a great influence on the yield, electrical performance and reliability of integrated circuits. Significant impact. As an important microelectronics chemical, ultra-clean and high-purity isopropanol has been widely used in cleaning and drying in the processing of semiconductors and large-scale integrated circuits. As the processing size of IC has entered the era of sub-micron and deep sub-micron, higher requirements are put forward for the matching ultra-clean and high-purity isopropanol. High-purity Isopropyl Alcohol (IPA) for Semiconductor is usually used in semiconductor manufacturing, PCB cleaning, LCD cleaning, etc. In recent years, the global information technology, communication technology, multimedia technology and other fields have developed rapidly, and the demand for this kind of high value-added products has continued to grow.
At present, the technology behind many cutting-edge digital devices can only be realized by relying on semiconductors. Due to the development of emerging technologies such as unmanned driving, artificial intelligence, 5G and the Internet of Things, as well as continuous investment in technology research and development and fierce competition among major market participants, the global semiconductor industry will continue to grow steadily for many years to come. From the birth of IC, the ups and downs of IDM manufacturers, and the fierce competition in the EDA industry, to the development of AI chips and data encryption computing, the development of the global semiconductor industry has been driven by large-scale emerging applications. From mainframes to minicomputers, to personal computers and notebooks, and then to mobile communications, each application is driving the semiconductor industry into a new round of growth. The continuous development of the semiconductor industry is precisely the driving factor for these products of High-purity Isopropyl Alcohol (IPA) for Semiconductor.

Region Overview:

China had the highest growth rate of all regions.

Company Overview

Tokuyama is one of the major players operating in the High-purity Isopropyl Alcohol (IPA) for Semiconductor market, holding a share of 37.77% in 2021.

Tokuyama Corporation's main business fields are ICT, in which its principal product is semiconductor-grade polycrystalline silicon; healthcare, which includes eyeglass lens materials, dental materials and equipment, and other such products; and the environment, which includes the recycling and environment business.

LCY GROUP is a diversified, multinational business establishment with operations in Taiwan, China, USA and Middle East. LCY GROUP has been expanding its business domains into chemicals, plastics, rubber, electronic chemicals, copper foil and solar energy. Aside from endeavoring in enhancing the quality of their traditional products and professional services, they vigorously develop high added-value products in line with industrial trends. Their products are used extensively in healthcare, industry and home applications.

Segmentation Overview:

By type, 99.99% Purity segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Semiconductor Manufacturing segment occupied the biggest share from 2017 to 2022.

Key Companies in the global High-purity Isopropyl Alcohol (IPA) for Semiconductor market covered in Chapter 3:

Mitsui Chemicals
Isu Chemical
LCY Chemical
LG Chem
Jiangsu Denoir Technology
ExxonMobil
Tokuyama

In Chapter 4 and Chapter 14.2, on the basis of types, the High-purity Isopropyl Alcohol (IPA) for Semiconductor market from 2018 to 2029 is primarily split into:

99.99% Purity<99.99% Purity

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High-purity Isopropyl Alcohol (IPA) for Semiconductor market from 2018 to 2029 covers:

Semiconductor Manufacturing
PCBs Cleaning
LCD Cleaning
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)