The electronic chemicals and materials global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Electronic Chemicals And Materials Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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.
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Scope Of Electronic Chemicals And Materials Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Electronic Chemicals And Materials Market Overview
Market Drivers –
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.
Market Trends –
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 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
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Regional Insights –
Asia-Pacific was the largest region in the electronic chemicals and materials market in 2023. North America is expected to be the fastest-growing region in the electronic chemicals and materials market during the forecast period. The regions covered in the electronic chemicals and materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the electronic chemicals and materials market include Air Liquide, Albemarle Corporation, Ashland, Entegris Inc., Hitachi Ltd., Tokyo Ohka Kogyo Co. Ltd., Air Products and Chemicals Inc., Henkel AG & Co. KGaA, Merck Group, Fujifilm Electronic Materials, LG Chem, Sumitomo Chemical Co Ltd., Cabot Microelectronics Corporation, Hitachi Chemical Co Ltd., Sumitomo Bakelite Co Ltd., BASF SE, Wacker Chemie AG, Huntsman Corporation, Kyocera Chemical Corporation, UBE Industries Ltd., Nitto Denko Corporation, Showa Denko K.K., Techspray a division of ITW, Indium Corporation, Henkel Adhesive Technologies, Atotech, Henkel Electronics, Materion Corporation, Cabot Corporation
Table of Contents
1. Executive Summary
2. Electronic Chemicals And Materials Market Report Structure
3. Electronic Chemicals And Materials Market Trends And Strategies
4. Electronic Chemicals And Materials Market – Macro Economic Scenario
5. Electronic Chemicals And Materials Market Size And Growth
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27. Electronic Chemicals And Materials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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