Electronic Chemicals and Materials: The Global Market
July 06, 2011
Wellesley, Mass. – In a recent release, ELECTRONIC CHEMICALS AND MATERIALS: THE GLOBAL MARKET (SMC043B) from BCC Research (www.bccresearch.com), the global market value of electronic chemicals and materials was $28.5 billion in 2010. That value is projected to be $51.6 billion in 2015, after increasing at a five-year compound annual growth rate (CAGR) of 12.6%.
The global market for electronic chemicals and materials can be broken down by product into seven segments – wafers; gases; polymers, including conductive polymers; photoresist chemicals; wet chemicals and solvents; chemical mechanical polishing (CMP) slurries; and miscellaneous chemicals, including metals.
The segment made up of wafers was valued at $14.7 billion in 2010, and in 2015 should be worth $26.7 billion, yielding a CAGR of 12.7%.
The segment made up of gases, worth $7.3 billion in 2010, should rise to $10 billion in 2015 at a CAGR of 6.5%.
The segment made up of polymers was worth nearly $1.9 billion in 2010, and should reach a value of $5.9 billion in 2015, a CAGR of 25.9%.
The segment made up of photoresist chemicals was valued at $1.1 billion in 2010, and in 2015 should be worth $2 billion, growing at a CAGR of 12.7%.
The segment made up of wet chemicals and solvents was worth $955 million in 2010 and should reach a value of $1.9 billion in 2015, a CAGR of 14.7%.
The segment made up of CMP slurries was worth $1 billion in 2010 and in 2015 should be worth nearly $2 billion, a CAGR of 14.3%.
The segment made up of miscellaneous chemicals including metals was worth $1.6 billion in 2010 and in 2015 should be worth $3.2 billion, a CAGR of 14.9%.
The major applications for electronic chemicals and materials are semiconductors and printed circuit boards. Semiconductors are used in all areas of electronics applications, including computing, consumer goods, automotives, instrumentation and control, communications, and defense. Semiconductor devices can be integrated along with a large number of similar devices onto a single chip, called an integrated circuit. Printed circuit boards are vital components of integrated circuit chip technology, used in just about every modern electronics appliance and device.
When manufacturing semiconductors and printed circuit boards, a very high level of cleanliness throughout production is required to achieve acceptable yield levels. It is the high-purity electronic chemicals and materials that help accomplish this.
There is increasing demand for electronic chemicals and materials, linked directly to the growth in production of electronic devices. Over the long run, the driving force for the electronic chemicals and materials market will be an increase in the density of printed circuit boards and semiconductors.
The report has an intended audience comprised mainly of suppliers of electronics chemicals and materials. Others who may find the report useful include entrepreneurs, investors, venture capitalists, and other readers who need to know where the electronic chemicals and materials market is headed over the next five years.
Electronic Chemicals and Materials: The Global Market( SMC043B )
Publish Date: Jan 2011
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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