Global Electronic Chemicals Market to Grow at 6% CAGR till 2026
According
to TechSci Research report, “Global Electronic Chemicals Market By
Application, By Type, By Region, Competition Forecast & Opportunities, 2012 – 2026”, global electronic chemicals market is projected to grow at a CAGR
of 6.33%, in value terms, during 2017 – 2026. Growth in consumer
electronics and technology industry, increasing
use of semiconductors in industries such as aviation, defense, etc., coupled
with surging demand for computers, smartphones, tablets, etc., which require
electronic chemicals for the manufacturing of chips and PCBs installed in these
devices, is expected to boost demand for electronic chemicals, globally, during
the forecast period. Moreover, growth in the market over the coming years is
anticipated to be driven by stringent government policies which are leading to the
development of environment friendly chemicals.
Browse 54 Figures spread through 135 Pages and an in-depth TOC on "Global Electronic Chemicals Market"
Electronic chemicals can be broadly segmented into
four categories, namely, CMP slurry, wet deposition, gases and ancillary
chemicals. Of these categories, CMP slurry is forecast to register the maximum
growth during forecast period, owing to its increasing demand for designing small-sized
chips for multiple applications. Several companies across the globe have joined
hands to design special CMP slurry, which can be used for production of small-sized
high-performance chips. Asia-Pacific is the largest consumer of electronic
chemicals on account of huge and rising manufacturing of PCBs and semiconductors
in the region. The region is expected to maintain its dominance through 2026 as
Taiwan is the global leader in production of electronic appliances and China in
manufacturing of PCBs.
“Electronic chemicals are widely used in
electronic industry to manufacture semiconductors, ICs and PCBs. Due to increasing
use of smartphones, computers and tablets, globally, production of
semiconductors is expected to grow in the coming years. Moreover, rising demand
from aviation industry for semiconductors in electronic circuits for monitoring
cockpit functions, actuator systems, engine controls and RF & microwave
systems is anticipated to positively influence the global electronic chemicals
market in coming years”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
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“Global
Electronic Chemicals Market By Application, By Type, By Region, Competition
Forecast & Opportunities, 2012 – 2026” has evaluated
the future growth potential of global electronic chemicals market and provides
statistics and information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global electronic chemicals market.
About TechSci Research
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to lead rather than follow market trends.
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