Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Electronic Chemicals And Materials Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Electronic Chemicals And Materials Market?
The market size of electronic chemicals and materials has been witnessing solid growth and is projected to increase from $74.88 billion in 2024 to $80.47 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.
What Is the Forecasted CAGR for the Electronic Chemicals And Materials Market by 2029?
The market size of electronic chemicals and materials is predicted to reach $120.7 billion by 2029, with a compound annual growth rate (CAGR) of 10.7%.
Download the Free Sample Now:
What Are the Market Drivers in the Electronic Chemicals And Materials Industry?
The key Drivers in the electronic chemicals and materials market are:
• Increasing popularity and usage of connected devices and smart technologies
• Utilization of electronic chemicals and materials in core components of these technologies
• Rise in the number of internet users world-wide
• Amplified integration of electronic chemicals and materials in various devices like mobile phones, laptops, and TVs.
What Is the Segment-Wise Breakdown of the Electronic Chemicals And Materials Market?
The electronic chemicals and materialsmarket 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
Explore the Complete Market Report:
Which Emerging Trends Are Driving Growth in the Electronic Chemicals And Materials Sector?
The key trends in the electronic chemicals and materials market are:
• There is an increasing trend of major companies in the market focusing on the development of innovative solutions, particularly high-grade electronic solvents.
• These innovations are specifically targeted at the growing demand in advanced semiconductor manufacturing and other areas of high-tech application.
• The use of specialty solvents specifically formulated for electronic component manufacturing has emerged as a notable trend.
• Companies are also emphasizing products that provide optimal efficiency, such as solvents with quick drying times and compatibility with polar resins.
Which Companies Are Dominating the Electronic Chemicals And Materials Market in Terms of Revenue?
The key players in the electronic chemicals and materials market are:
• 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
• 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
• Atotech
• Materion Corporation
• Cabot Corporation
What Are the Regions Driving Demand in the Electronic Chemicals And Materials Market?
Asia-Pacific was the largest region in the electronic chemicals and materials market in 2024
