The global electronic chemicals and materials market size reached approximately USD 63.91 Billion in 2024. The market is estimated to grow at a CAGR of 5.90% in the forecast period of 2025-2034, reaching a value of around USD 113.38 Billion by 2034.
Additionally, the growing demand for electronic devices such as smartphones, tablets, and laptops, among others, fuels the growth of electronic materials such as silicon wafers, that are utilised inside their ICs.
Meanwhile, North America is expected to witness a sizeable growth in the forecast period, due to the surge in demand for electronic devices.
BASF SE,
BASF SE, founded in 1865, is a prominent chemical producer, with its headquarters in Ludwigshafen, Germany. Its product portfolio includes industrial gases, plasticisers, speciality monomers, and acrylic monomers, among others.
Linde Plc,
Linde Plc, established in 1879, and based in Dublin, Ireland, is a multinational engineering and industrial company. The company contributes to environmental sustainability by conserving resources such as energy, waste, and water.
Other electronic chemicals and materials market players include The Dow Chemical Company, Solvay S.A., FUJIFILM Holdings Corporation, Air Products and Chemicals, Inc., Merck KGaA, Resonac Holdings Corporation, and Wafer World, Inc., among others.
Key Trends in the Market
Electronic chemicals and materials encompass chemicals and materials that find widespread applications in electronic applications such as integrated circuits, printed circuit boards, and semiconductors, among others. Some common electronic chemicals and materials include conductive polymers, speciality gases, and wet chemicals, among others.- The trend of miniaturisation of electronic components and the rising demand for compact and cost-effective electronic devices are crucial electronic chemicals and materials market trends. Materials such as silicon wafers are readily implemented in the production of miniature components such as microchips, and nanochips.
- With the rising trend of sustainability, several manufacturers are incorporating eco-friendly and recyclable materials such as aluminium, borosilicate glass, and graphene, among others, into electronic items to reduce environmental pollution.
- Increased integration of polymer materials into electronic devices such as printed circuit boards for electrical insulation also provides impetus to the electronic chemicals and materials market growth.
- The advent of advanced technologies such as AI, big data, and machine learning, among others, in electronic material science aids in the discovery and development of innovative materials and chemicals, enhancing the properties of electronic devices and fuelling the market development.
- Market Segmentation
Market Breakup by Form
- Solid
- Liquid
- Gaseous
Market Breakup by Type
- Silicon Wafers
- PCB Laminates
- Speciality Gases
- Photoresists
- Wet Chemicals
- CMP Slurries
- Low K Dielectric
- Others
Market Breakup by Application
- Semiconductors and Integrated Circuits
- Printed Circuit Boards
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Application
Semiconductor and integrated circuits (ICs) occupy a significant portion of the electronic chemicals and materials market share, due to the increased implementation of electronic chemicals such as aluminium, and copper, among others, for the etching of semiconductors. These chemicals are also utilised in the cleaning stage of integrated circuit fabrication.Additionally, the growing demand for electronic devices such as smartphones, tablets, and laptops, among others, fuels the growth of electronic materials such as silicon wafers, that are utilised inside their ICs.
Market Share by Region
As per the electronic chemicals and materials market analysis, the Asia Pacific accounts for a substantial share of the global market, owing to the growth of the consumer goods and telecommunication and IT sectors in the region. The increasing presence of market players that are focused on research and development to enhance the properties of electronic chemicals and materials also offers lucrative market opportunities.Meanwhile, North America is expected to witness a sizeable growth in the forecast period, due to the surge in demand for electronic devices.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the electronic chemicals and materials market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.Honeywell International Inc.
Honeywell International Inc. is a multinational conglomerate corporation, incorporated in 1906 and headquartered in North Carolina, the United States. The corporation offers its services in the aerospace, energy, healthcare, retail, and utilities sectors, among others.BASF SE,
BASF SE, founded in 1865, is a prominent chemical producer, with its headquarters in Ludwigshafen, Germany. Its product portfolio includes industrial gases, plasticisers, speciality monomers, and acrylic monomers, among others.
Linde Plc,
Linde Plc, established in 1879, and based in Dublin, Ireland, is a multinational engineering and industrial company. The company contributes to environmental sustainability by conserving resources such as energy, waste, and water.
Other electronic chemicals and materials market players include The Dow Chemical Company, Solvay S.A., FUJIFILM Holdings Corporation, Air Products and Chemicals, Inc., Merck KGaA, Resonac Holdings Corporation, and Wafer World, Inc., among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Electronic Chemicals and Materials Market Analysis
6 North America Electronic Chemicals and Materials Market Analysis
7 Europe Electronic Chemicals and Materials Market Analysis
8 Asia Pacific Electronic Chemicals and Materials Market Analysis
9 Latin America Electronic Chemicals and Materials Market Analysis
10 Middle East and Africa Electronic Chemicals and Materials Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Honeywell International Inc.
- BASF SE
- Linde Plc
- The Dow Chemical Company
- Solvay S.A.
- FUJIFILM Holdings Corporation
- Air Products and Chemicals, Inc.
- Merck KGaA
- Resonac Holdings Corporation
- Wafer World, Inc.