Global Electronic Grade Ammonia (NH3) Market Research Report 2022

Global Electronic Grade Ammonia (NH3) Market Research Report 2022

Summary

Due to the COVID-19 pandemic, the global Electronic Grade Ammonia (NH3) market size is estimated to be worth US$ 126.43 million in 2022 and is forecast to a readjusted size of US$ 171.93 million by 2028 with a CAGR of 5.26% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, ≥99.9999% purity accounting for 69.31% of the Electronic Grade Ammonia (NH3) global market in 2021, is projected to value US$ 123.19 million by 2028, growing at a revised 5.76% CAGR from 2022 to 2028. While Electronics segment is altered to 5.29% CAGR throughout this forecast period (2022-2028).
China Electronic Grade Ammonia (NH3) market size was US$ 50.96 million in 2021, while Korea was US$ 20.13 million. The proportion of the China was 43.10% in 2021, while Korea’s percentage was 17.03%, and it is predicted that China market share will reach 53.80% in 2028, trailing a CAGR of 8.54% through the analysis period (2022-2028).
The global major manufacturers of Electronic Grade Ammonia (NH3) include Linde, Sumitomo Seika Chemicals, Haining Indusair Electronics, Suzhou Jinhong and Showa Denko, etc. In terms of revenue, the global three largest players hold a 54.62% market share of Electronic Grade Ammonia (NH3) in 2021.
Global Electronic Grade Ammonia (NH3) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electronic Grade Ammonia (NH3) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Linde plc
Sumitomo Seika Chemicals Company, Ltd.
Haining Indusair Electronics Co., Ltd.
Suzhou Jinhong Gas Co., Ltd.
Showa Denko K.K.
Air Liquide S.A.
Air Products and Chemicals, Inc.
Guangdong Huate Gas Co., Ltd.

Segment by Type
≥99.9999% Purity
≥99.999% Purity

Segment by Application
Electronics (including semiconductor epitaxy process, chemical vapor deposition process, panel, optical fiber communication solar, etc.)
Others (including chemical materials, metallurgical industry, scientific research, etc.)

Production by Region
China
Japan
Taiwan (China)
Korea
Others

Consumption by Region
North America
United States
Canada

Asia-Pacific
China
Japan
Taiwan (China)
South Korea
Rest of Asia-Pacific

Europe
Germany
Rest of Europe

Latin America