Market Research Future - Premium Research Reports Electronic Chemicals Market 2016-2022
Electronic Chemicals Market Expected to
Cross USD 63 Billion by 2022
Market Forecast and Overview
The Global Electronic Chemicals Market has been evaluated to be rapidly growing and is expected to
grow tremendously. The Global Market is expected to be worth USD 63 billion in 2022 and will grow at
the CAGR of 6.9% from 2016 to 2022. The global market for IC process chemicals is expected to grow at
average annual growth rate approximately 6.5% in 2016. The market of electronic chemicals had an
approximately 18.5% drop in the year 2009. With 55% of aggregate chemical consumption
semiconductor represented the biggest share in 2016. Utilization of gasses utilized as a part of the
semiconductor business is relied upon to develop by around 6% all things considered yearly through
2016. As semiconductor many-sided quality expands, the quantity of process steps and number of layers
develop as gas-stage carving and cleaning uproot some wet procedures. Around 55% of aggregate
utilization by esteem was represented by air gasses (mass and barrel); the remaining 43% included the
specialty gases silane and its derivatives, dopants and etchants, cleaners and reactants. The global gas
market for the semiconductor industry is dominated by Air Liquide, Air Products, Linde Nippon Sanso
and Praxair. A variety of other companies are niche players and supply gas specialties (fluorinated
compounds, dopants, and low- and high-k dielectric precursors).
Development in the utilization of IC process chemicals is driven by increase in introduced fab capacity—
which has drastically increased in the course of recent years, with the main part of the new limit at the
45–180 nm nodes—and processed silicon wafer surface zone, and in-addition by more costly chemicals
consumed by the new innovation nodes. Expanded innovation productivity gave by the semiconductor
hardware industry is prompting to lower material use per silicon wafer surface zone, while in the
meantime well-demonstrated and develop product offerings from photoresists, wet process chemicals,
environmental gasses, CMP slurries and sputtering targets encounter serious value weights.
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