Global Electronic Grade Sulfuric Acid Market
The global Electronic Grade Sulfuric Acid market was valued at USD 245.5 million in 2016 and is projected to reach USD 418.4 million by 2025, growing at a CAGR of 6.1% from 2017 to 2025.
Electronic grade sulfuric acid demand is expected to be driven by growing demand from semiconductors and electronics. The rising demand for consumer electronics is expected to boost market demand.
1. Market Drivers
1.1 Increasing demand for electronic devices
1.2 Growing acceptance of technology
2. Market Restraints
2.1 Shift of end-user market from developed countries to developing countries
The global Electronic Grade Sulfuric Acid market is segmented on the product, application and region.
1. By Product:
2. By Application:
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Chemtrade Logistics Inc.
2. BASF SE
3. Ineos Enterprises
4. The Linde Group
5. KMG Chemicals
6. Avantor Performance Materials
7. Moses Lake Industries Inc.
8. Reagent Chemicals
9. Pvs Chemicals Inc.
10. Trident Group
11. Kanto Chemical Co. Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Electronic Grade Sulfuric Acid market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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