Electronic chemicals and materials are ultra-pure chemicals that are widely used in semiconductor manufacturing, IC fabrication, and so on. In 2015, the global electronic chemicals and materials market was valued at $43,510 million and is expected to reach $64,919 million by 2022, growing at a CAGR of 6.1% during the 2016-2022.
Increasing demand for electronic devices across the globe, coupled with government support results in high adoption of electronic chemicals and materials. In addition, technological advancements and growth in application industries such as integrated circuits, photovoltaics, and flat panel displays are also driving the world market for electronic chemicals and materials. The demand for counterfeit semiconductors have been proliferated due to their low prices as compared to the authorized products and poor supply chain practices through independent distributors and brokers. These factors are expected to impede the growth of electronic chemicals and materials market during the forecast period.
Based on application, the market is segmented into wafer fabrication chemicals & materials and packaging chemicals & materials. The wafer fabrication chemicals & materials market is sub-segmented into silicon wafers, photomasks, photoresists, wet chemicals, gases, sputter targets, CMP slurry & pads, others (low k dielectrics, copper plating solutions, among others). The packaging chemicals & materials market is sub-segmented into lead frames, organic substrates, ceramic packages, encapsulation resins, bonding wires, die attach materials, and others (solder balls, package dielectrics). In 2015, the wafer fabrication application segment accounted for more than half of the market share in terms of global value of electronic chemicals and materials market.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific and LAMEA. In 2015, Asia-Pacific occupied the largest share in the global electronic chemicals and materials market, with Taiwan and South Korea as major countries contributing to the growth. Increasing population coupled with rising adoption of electronic devices in this region are significant factors leading to the growth of the electronic chemicals and materials market in the Asia-Pacific region.
The key players profiled in the report include
The Dow Chemical Company
Air Products and Chemicals Inc.
Huntsman International LLC
Honeywell International Inc.
Among these, BASF, The Dow Chemicals Company, Merck KGaA, Honeywell International, Fujifilm Holdings Corporation are the key players of the world electronic chemicals and materials market. Acquisition and expansion covers 46% and 39% share respectively out of the total number of strategies adopted by the leading companies during 2011-2016.
KEY MARKET BENEFITS:
The report provides extensive analysis of factors, which drive or restrict the growth of the world electronic chemicals and materials market.
The market projections for period 2014-2022 have been included coupled with the impacting factors.
The report also provides quantitative as well as qualitative trends to assist the stakeholders in understanding the market scenario.
In-depth analyses of key segments of the market demonstrate the consumption pattern of electronic chemicals and materials for different applications across various end user industries.
Competitive intelligence highlights the business practices adopted by the leading market players across various geographies.
Key market segments:
Wafer Fabrication Chemicals and Materials,
CMP Slurry & Pads
Others (low k dielectrics, copper plating solutions, among others)
Packaging Chemicals and Materials,
Die Attach Materials
Others (Solder Balls, Package Dielectrics)
Rest of Europe
Rest of Asia-Pacific
United Arab Emirates (UAE)
Rest of LAMEA
1.1 Report description
1.2 Key market benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top investment pockets
3.2.2 Top player positioning
3.2.3 Top winning strategy
3.3 Porters five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitutes
3.3.4 Competitive rivalry
3.3.5 Threat of new entrants
3.4 Regulatory analysis
3.5 Patent analysis
3.5.1 Patent analysis by year
3.5.2 Patent analysis by region
188.8.131.52 Electronic chemicals
184.108.40.206 Electronic materials
3.5.3 Patent analysis by product
3.6 Market dynamics
220.127.116.11 Increasing demand for consumer electronics
18.104.22.168 Government support
22.214.171.124 Technological advancements
126.96.36.199 Counterfeit Semiconductors
188.8.131.52 Surging demand for 3D ICs
184.108.40.206 Increasing demand from emerging economies
CHAPTER 4 WORLD ELECTRONIC CHEMICALS & MATERIALS MARKET, BY APPLICATION
4.2 Wafer fabrication
4.2.1 Market size and forecast
4.3.1 Market size and forecast
CHAPTER 5 WORLD WAFER FABRICATION CHEMICALS & MATERIALS MARKET, BY TYPE
5.1.1 Key market trends
5.1.2 Key growth factors and opportunities
5.1.3 Market size and forecast
5.2 Silicon Wafers
5.2.1 Market size and forecast
5.3.1 Market size and forecast
5.4.1 Market size and forecast
5.5 Wet chemicals
5.5.1 Market size and forecast
5.6.1 Market size and forecast
5.7 Sputter targets
5.7.1 Market size and forecast
5.8 CMP slurry & pads
5.8.1 Market size and forecast
5.9.1 Market size and forecast
CHAPTER 6 WORLD PACKAGING CHEMICALS & MATERIALS MARKET, BY TYPE
6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Market size and forecast
6.2 Lead frames
6.2.1 Market size and forecast
6.3 Organic substrates
6.3.1 Market size and forecast
6.4 Ceramic packages
6.4.1 Market size and forecast
6.5 Encapsulation resins
6.5.1 Market size and forecast
6.6 Bonding wires
6.6.1 Market size and forecast
6.7 Die attach materials
6.7.1 Market size and forecast
6.8.1 Market size and forecast
CHAPTER 7 WORLD ELECTRONIC CHEMICALS & MATERIALS MARKET, BY GEOGRAPHY
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key market trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast
7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast
7.3.7 Rest of Europe
7.4.1 Key market trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast
7.4.8 South Korea
7.4.9 Rest of Asia-Pacific
7.5.1 Key market trends
7.5.2 Key growth factors and opportunities
7.5.3 Market size and forecast
7.5.7 Rest of LAMEA
CHAPTER 8 COMPANY PROFILES
8.1 BASF SE
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Business performance
8.1.5 Key strategic moves and developments
8.2 The Dow Chemical Company
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Business performance
8.2.5 Key strategic moves and developments
8.3 Albemarle Corporation
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Business performance
8.3.5 Key strategic moves and developments
8.4 Merck KGaA
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Business performance
8.4.5 Key strategic moves and developments
8.5 Huntsman International LLC
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Business performance
8.5.5 Key strategic moves and developments
8.6 Honeywell International, Inc.
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Business performance
8.7 Air Products and Chemicals, Inc.
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Business performance
8.7.5 Key strategic moves and developments
8.8 KMG Chemicals, Inc.
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Business performance
8.8.5 Key strategic moves and developments
8.9 FUJIFILM Holdings Corporation
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Business performance
8.9.5 Key strategic moves and developments
8.10 JSR Corporation
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Business performance
The demand for electronic chemicals and materials has increased owing to growth in technological advancements and increase in demand from applications, namely, photovoltaics, integrated circuits, printed circuit boards for electronic gadgets such as mobiles, laptops, computers, tablets, LED bulbs, and others. There is a shift towards advanced technology nodes that drives the market for wafer fabrication chemicals and materials. Other factors that drive the market growth include strict environmental regulations, increase in the consumption of IC process chemical, technological innovations, supporting environmental regulations, increasing demand for electronics, and rapid economic growth in emerging countries.
Furthermore, stringent regulations have led to increased adoption of electronic chemicals and materials for many applications namely photovoltaics, flat panel displays, and LED bulbs. Electronic chemicals and materials in the wafer fabrication application occupied more than half of the total market in 2015 and is expected to continue its dominance throughout the forecast period. Within packaging application, the organic substrate segment accounted for one-third of the market share as it is used for OLED displays that require low forward voltage, high luminance efficiency, and low reverse current. This segment is expected to continue its dominance in the packaging electronic chemicals and materials application market.
Key Findings of the Electronic Chemicals and Materials Market
Wafer fabrication application occupied the highest share in 2015 and is expected to grow with a CAGR of 6.4% during the forecast period.
Silicon wafers dominated the wafer fabrication application market in 2015 and is projected to maintain its lead throughout.
The gases segment is expected to grow with the highest CAGR of 7.1%.
Taiwan is the leading consumer of the electronic chemicals and materials in the Asia-Pacific region followed by South Korea.
In packaging application segment, lead frames is expected to grow at the highest CAGR of 6.2%.
Asia-Pacific accounted for more than half of the total electronic chemicals and materials market in 2015 and is expected to maintain its lead position throughout the forecast period. This is attributable to the increase in domestic production of automotive electronics, and usage of electronics such as mobiles, TV sets, laptops, tablets, LED bulbs due to increase in the expenditure of the consumers spending in this region.
The prominent players profiled include BASF SE, The Dow Chemical Company, JSM Corporation, Fujifilm, KMG Chemicals, Air Products and Chemicals Inc, Albemarle Corporation, Merck KGaA. Huntsman International LLC, and Honeywell International Inc.
- The Dow Chemical Company
- Albemarle Corporation
- Merck KGaA
- Huntsman International LLC
- Honeywell International
- Air Products and Chemicals
- KMG Chemicals
- FUJIFILM Holdings Corporation
- JSR Corporation
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.