The Electronic Chemicals And Materials Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Electronic Chemicals And Materials Global Market Report 2024, The electronic chemicals and materials market size has grown strongly in recent years. It will grow from $68.89 billion in 2023 to $75.37 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to consumer electronics demand, semiconductor industry growth, miniaturization, environmental regulations.
The electronic chemicals and materials market size is expected to see rapid growth in the next few years. It will grow to $110.46 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to 5g technology adoption, growth of iot devices and sensors, increasing adoption of evs, flexible and foldable displays, quantum computing. Major trends in the forecast period include advanced packaging solutions, low-k dielectrics, nanomaterials, high-performance polymers, bio-based electronics.
The rising inclination for connected devices and smart technologies is expected to propel the growth of the electronic chemicals and materials market going forward. Connected devices refer to any physical objects that are connected to other devices or systems with the help of the internet. Electronic chemicals and materials help connected devices and smart technologies by typically being used as core elements such as memories, displays, and LEDs in a variety of connected devices and smart technologies such as mobile phones, computers, laptops, tablets, GPS devices, LED bulbs, TVs, and monitors. For instance, in April 2022, according to the Times of India, an Indian daily newspaper, the number of connected devices in India was 200 million in the year 2019, which grew to 2,000 million in the year 2021. This growth is further fueled by the increasing number of internet users in India. Therefore, the rising inclination for connected devices and smart technologies is driving the electronic chemicals and materials market.
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The electronic chemicals and materials market covered in this report is segmented –
1) By Product: Wafers, Atmospheric And Specialty Gases, Ancillary And Photoresist Chemicals, CMP Slurries And Pads, Other Products
2) By Application: Wafer Fabrication, Packaging
3) By End Users: Semiconductors, Others End Users
Top 5 Major Players:
Technological advancements have emerged as a key trend gaining popularity in the electronic chemicals and materials market. Major companies operating in the electronic chemicals and materials market are developing new technologies to sustain their position in the electronic chemicals and materials market. For instance, in April 2021, Prismade, a German-based company, and a technology developer launched security labels that are created with Clevios and transparent printed electronics built with the help of PrismaID technology, which helps to protect documents via smartphones is an innovative example of next-generation document authentication and security. PrismaID technology, offered on every smartphone, is a revolutionary method of secure, interactive authentication from Prismade.
The electronic chemicals and materials market report table of contents includes:
1. Executive Summary
2. Electronic Chemicals And Materials Market Characteristics
3. Electronic Chemicals And Materials Market Trends And Strategies
4. Electronic Chemicals And Materials Market – Macro Economic Scenario
5. Global Electronic Chemicals And Materials Market Size and Growth
….
31. Global Electronic Chemicals And Materials Market Competitive Benchmarking
32. Global Electronic Chemicals And Materials Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Electronic Chemicals And Materials Market
34. Electronic Chemicals And Materials Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Electronic Chemicals And Materials Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Electronic Chemicals And Materials Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Electronic Chemicals And Materials Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Air Liquide Financial Performance
Table 75: Albemarle Corporation Financial Performance
Table 76: Ashland Financial Performance
Table 77: Entegris Inc. Financial Performance
Table 78: Hitachi Ltd. Financial Performance
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