What is the global market size of Electronic Chemicals And Materials Market?

Electronic Chemicals And Materials Market size was valued at USD 53.98 billion in 2021 and is poised to grow from USD 57.88 billion in 2022 to USD 101.31 billion by 2030, growing at a CAGR of 7.24% in the forecast period (2023-2030).

Global Electronic Chemicals And Materials Market

Electronic Chemicals And Materials Market Size, Share, Growth Analysis, By Type(Specialty Gases, CMP Slurries, Conductive Polymers), By Application(Computers, Mobile Phones, Consumer Electronics, and Others), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15E2339 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 64 | Figures: 75

Electronic Chemicals And Materials Market Regional Insights

China, Japan, and India are the three biggest nations with the most profitable growth prospects. Asia-Pacific is predicted to be the fastest-growing Electronic Chemicals And Materials Market for electronic chemicals and materials over the projection period. The electronics sector has expanded significantly over the past 20 years on a global scale, creating a massive need for printed circuit boards. The greatest region for PCB production is Asia-Pacific. The expansion of the PCB industry, which in turn is propelling the market for electronic chemicals and materials in the region, is a result of developments in a number of industries, including telecommunications and IT, smart cards, electronic gaming, and consumer products.

A robust rise in the North American market is anticipated due to the high demand for smart devices and developments in technology. A movement in consumer choice toward fitness & wellness equipment and smartwatches has an impact on the region.

Due to the increase in applications across end use sectors like electrical and electronics and automotive, Europe is expected to have considerable growth in the market for electronic chemicals and materials.

Electronic Chemicals And Materials Market Report Snapshots

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Electronic Chemicals And Materials Market size was valued at USD 53.98 billion in 2019 and is poised to grow from USD 57.88 billion in 2023 to USD 101.31 billion by 2031, growing at a CAGR of 7.24% in the forecast period (2024-2031).

Electronic Chemicals And Materials Market Top Players Company Profiles 'Linde plc (Ireland)', 'Air Products and Chemicals, Inc.', 'BASF SE', 'Cabot Microelectronics Corporation', 'Dow Chemical Company', 'Fujifilm Corporation', 'Honeywell International Inc.', 'Huntsman Corporation', 'Kanto Chemical Co., Inc.', 'Merck KGaA', 'Mitsubishi Chemical Corporation', 'Momentive Performance Materials Inc.', 'Nitto Denko Corporation', 'Samsung SDI Co., Ltd.', 'Shin-Etsu Chemical Co., Ltd.', 'Solvay SA', 'Sumitomo Chemical Co., Ltd.', 'Tosoh Corporation', 'Wacker Chemie AG', 'Zeon Corporation.'

The improved IT infrastructure, upcoming technologies like AI and IoT, the increase in PCB usage in the telecommunications sector, and the rise in demand for quick diagnostic systems due to the COVID-19 pandemic outbreak will all provide additional growth opportunities for the electronic chemicals and materials market.

IoT (Internet of Things) and AI (Artificial Intelligence), two emerging technologies, have given rise to a brand-new product category called intelligent home appliances. The Wall Street Journal reports that IoT is anticipated to grow at an explosive rate, especially in the industrial sector, where a surge of more than 60% is anticipated.

China, Japan, and India are the three biggest nations with the most profitable growth prospects. Asia-Pacific is predicted to be the fastest-growing Electronic Chemicals And Materials Market for electronic chemicals and materials over the projection period. The electronics sector has expanded significantly over the past 20 years on a scale, creating a massive need for printed circuit boards. The greatest region for PCB production is Asia-Pacific. The expansion of the PCB industry, which in turn is propelling the market for electronic chemicals and materials in the region, is a result of developments in a number of industries, including telecommunications and IT, smart cards, electronic gaming, and consumer products.

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Electronic Chemicals And Materials Market Size, Share, Growth Analysis, By Type(Specialty Gases, CMP Slurries, Conductive Polymers), By Application(Computers, Mobile Phones, Consumer Electronics, and Others), By Region - Industry Forecast 2024-2031

Electronic Chemicals And Materials Market Regional Insights

Electronic Chemicals And Materials Market Report Snapshots

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