The Global Electronic Chemicals and Materials Market report 2018-2027, has been prepared By MarketResearch.Biz, based on a deep market analysis with inputs from industry experts. This report covers the market landscape, size, key players, segmentation, production, revenue and its growth prospects for the upcoming years.
The chemicals and materials used in the electronic industry for fabrication of electronic applications such as printed circuit boards, semiconductors, integrated circuits (IC) and other electronic equipment are known as electronic chemicals and materials. These substances are found all the three forms i.e. solid, liquid, and gaseous and basically comprise of silicone, bisphenol, and fluorine among others.
Electronic Chemicals and Materials Market Outlook:
Increasing demand for consumer electronics across the world is a major factor driving the growth of the global electronic chemicals and materials market. In addition, decreased product price and increasing standard of living with increasing disposable income are supporting consumer electronics market, which is eventually having a positive impact on the growth of the global electronic chemicals and materials market.
Increasing demand for electronic chemicals and materials for manufacturing semiconductors in an electronic chip, mobile phones, integrated circuits, photolithographic printing, and flat panel displays are further fueling the growth of the global electronic chemicals and materials market.
Major growth restraining factor of the global electronic chemicals and materials market is the high capital cost for the new manufacturing plant. In addition, high R&D cost is restricting entry of new players in the market. However, presences of numerous manufacturers have led to technological advancements and a wide range of product offerings.
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Global electronic chemicals and materials market segmentation by form:
Global electronic chemicals and materials market segmentation by type:
- Silicon wafers
- PCB laminates
- Specialty Gases
- Wet chemicals
- CMP slurries
- Low k dielectric
Global electronic chemicals and materials market segmentation by application:
- Semiconductors & integrated circuits (IC)
- Printed circuit boards (PCB)
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Electronic Chemicals and Materials Market by Region:
The Asia Pacific dominates the global electronic chemicals and materials market followed by Europe and North America. The Asia Pacific is expected to maintain its dominance during the forecast period owing to increasing demand for consumer electronics and presence of major device manufacturers in countries such as India, China, Korea etc. Europe is projected to witness significant growth during the forecast period.