According to the new market research
report “Electronic Chemicals and Materials Market by
Type (Specialty Gases, CMP Slurries, Conductive Polymers, Photoresist
Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, PCB Laminates),
Application, and Region – Global Forecast to 2025″, published by
MarketsandMarkets™, the
Electronic Chemicals and Materials Market size is estimated at USD 48.1 billion
in 2020 and is projected to reach USD 64.3 billion by 2025, at a CAGR of 6.0%
during the forecast period. Increasing demand from the microelectronics and
chip manufacturing industries globally is expected to drive the market.
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and in-depth TOC on “Electronic Chemicals and Materials Market”
180 – Tables
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Silicon wafers segment is estimated to
be the largest type of electronic chemicals and materials.
Silicon wafers are a thin slice of semiconductor made out of crystalline
silicon and a key component in the fabrication of integrated circuits and serve
as a substrate for the microelectronics devices. The primary use of silicon
wafer is in integrated circuits, which are the basic building block of any
electronic devices, such as computers and smartphones. Other applications
include tire pressure systems and solar cells. The silicon wafers market is
expected to grow in tandem with the integrated circuits and solar markets
growth during the forecast period.
Semiconductor application segment of the
electronic chemicals and materials market is expected to register the highest
CAGR during the forecast period.
Any semiconductor device contains integrated circuits (ICs) and printed board
circuit (PCB). ICs are an assembly of electronic components that are fabricated
as a single unit, including actives devices and passive devices, such as
transistors and capacitors, along with their interconnections built on a thin
substrate of silicon material. The final circuit formed is termed as a chip. A
printed circuit board is a circuit where all the components are contained
within a mechanical structure. An alternating layer of conductive polymer
builds it along with layers of non-conductive insulation material.
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APAC accounts for the largest share in
terms of the value of the electronic chemicals and materials market.
APAC is the largest semiconductor market due to an increasing proportion of
Chinese semiconductor products; it’s the memory chip market in China, which
generated most of the semiconductor industrys revenue in the region.
The leading players in the electronic chemicals and materials market are Linde
plc (Ireland), Air Products (US), Cabot Microelectronics (US), BASF AG
(Germany), Hitachi Chemical (Japan), Air Liquide (France), Solvay A.G.
(Belgium), Shin-Etsu (Japan), Covestro (France), and Songwon (South Korea).
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