Electronic Chemicals Market, by Product type (Atmospheric and Specialty Gases, Photoresist Chemicals, Wet Chemicals & Solvents and Others), Application (Integrated Circuits & Semiconductors, Flat Panel Displays & Light Emitting Diodes, Photovoltaic, Printed Circuit Boards and Others), Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

 Global Electronic Chemicals Market Insights, 2026:

Electronic chemicals market accounted for $22,000.0 million in 2018 and is predicted to generate a revenue of $35,866.5 million by 2026 with a CAGR of 6.3% in the forecast period.North America market accounted for $6,820.0 million in 2018 and is predicted to grow with a CAGR of 5.9% in the forecast period. Rising demand is predicted to be the major driving factor for the electronic marker in the forecast period.

Electronic chemical are highly sophisticated chemicals used in many processing steps in manufacturing of electronic components and products in silicon wafer and integrated circuits for packaging and printed circuit boards. The industries which use electronic chemicals are automotive, food & cosmetic, manufacturing, agriculture, textile and aerospace and many more.

Driving Factors: Increase in the product demand from the manufacturing sector is predicted to drive the electronic chemicals market in the forecast period

The electronic chemicals market is predicted to grow due to the increase in the product demand for manufacturing of semiconductors, photolithographic printing and flat panel displays. Moreover, rise in the demand of semiconductors due to the increase in use of the smartphones is predicted to boost the electronic chemicals market in the forecast period. 

Market Restraint: Increase in the product deployment is predicted to hamper to the growth of the market

Discarding of the chemicals used in manufacturing devices is predicted to be the biggest restraint for electronic chemicals market in the forecast period. The need for new technology has shortened the life of products, and increased the chemical wastage. Therefore, the discarding of the old product with the advancement of new product in the short span of time is predicted to hamper the growth of the electronic chemicals market in the forecast period.

Wet chemicals & solvent is predicted to have the highest growth rate in the forecast period. Wet chemicals & solvent segment accounted for $5,500.0 million in 2018 and is predicted to grow with a CAGR of 6.6% in the forecast period. Wet chemicals & solvent segment is predicted to grow due to the rise in the use of analytical chemistry which uses the classical methods to analyze chemical materials as most of them are used in the liquid phase in quantitative chemical measurement. 

Printed circuit board segment is predicted to have the maximum growth rate in the forecast period. Printed circuit board segment accounted for $3,300.0 million in 2018 and is predicted to grow with a CAGR of 7.2% in the forecast period. The increasing use of electronic chemicals for mechanical support in electrical componentsthat use conductive pathways, signal traces, or tracks is predicted to boost the growth of printed circuit board segment in the forecast period. Moreover, increasing use of printed circuit boards in medical devices, LEDs,consumer electronics, industrial equipment and components and many more is predicted to give rise to the printed circuit board segment in the forecast period.

North America electronic chemicals market is predicted to grow enormously in the forecast period. This market accounted for $6,820.0 million in 2018 and is predicted to grow with a CAGR of 5.9% in the forecast period. The region market is predicted to grow with the rise in the manufacturing companiesof electrical chemicals and presence of major companies in electronic industry in this region is likely to be the major driving factor for the overall market. Asia-Pacific market accounted for $5,940.0 million in 2018 and is predicted to grow with a CAGR of 6.6% in the forecast period. The increase in the capital cost for setting up of new major manufacturing company and research and development by major companies is predicted to boost the overall market in the forecast period. Moreover, key technological innovation by major companies is also predicted to give rise to the overall market in the forecast period. 

The major key players in the electronic chemicals market are BASF SE, MacDermid, Inc, Sumitomo Chemical Co. Ltd, Honeywell International, Inc., Hitachi Chemical Co. Ltd., Air Liquide SA, Merck KGaA, Wacker Chemie AG and Solvay S. A., among others.

Porter’s Five Forces Analysis for Electronic Chemicals Market:

• Bargaining Power of Suppliers: The switching cost from one supplier to another isprojected to be low.The bargaining power of suppliers is very low.

• Bargaining Power of Consumers: In this market, the concentration of buyers is high. The bargaining power of consumers is high.

• The threat of New Entrants: Huge initial investments and continuous development in the products is the biggest challenge. The threat of new entrants is low.

• The threat of Substitutes: This market has numerous alternatives of products;moreover, technology alsooffers high switching costs for clients. The threat of substitutes is high.

• Competitive Rivalry in the Market: The Electronic Chemicals Market has only major players to sell their products and it becomes difficult for small and medium enterprises and local manufacturer to get into the market. Many major players are following several strategies, and product differentiation among them.
  The competitive rivalry in the industry is high.

  Aspect	Particulars
  Historical Market Estimations	2018-2019
  Base Year for Market Estimation	2018
  Forecast timeline for Market Projection	2019-2026
  Geographical Scope	North America, Europe, Asia-Pacific, LAMEA
  Segmentation by Product Type	Atmospheric and Specialty Gases Photoresist Chemicals Wet Chemicals & Solvents Others
  Segmentation by Application	Integrated Circuits & Semiconductors Flat Panel Displays & Light Emitting Diodes Photovoltaic Printed Circuit Boards Others
  Key Countries Covered	U.S., Canada, Mexico Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Latin America, Middle East, Africa
  Key Companies Profiled	BASF SE MacDermid, Inc Sumitomo Chemical Co. Ltd Honeywell International, Inc. Hitachi Chemical Co. Ltd. Air Liquide SA Merck KGaA SIDLEY CHEMICAL CO.,LTD. Solvay S. A.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.Product type trends
2.3.Application type trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Strategic overview

4.Electronic Chemicals Market, by product type

4.1.Atmospheric and Specialty Gases 

4.1.1.Market size and forecast, by region, 2018-2026
4.1.2.Comparative market share analysis, 2018 & 2026

4.2.Photoresist Chemicals

4.2.1.Market size and forecast, by region, 2018-2026
4.2.2.Comparative market share analysis, 2018 & 2026

4.3.Wet Chemicals & Solvent

4.3.1.Market size and forecast, by region, 2018-2026
4.3.2.Comparative market share analysis, 2018 & 2026

4.4.Others

4.4.1.Market size and forecast, by region, 2018-2026
4.4.2.Comparative market share analysis, 2018 & 2026

5.Electronic Chemicals Market, by Application

5.1.Integrated Circuits & Semiconductors 

5.1.1.Market size and forecast, by region, 2018-2026
5.1.2.Comparative market share analysis, 2018 & 2026

5.2.Flat Panel Displays & Light Emitting Diodes

5.2.1.Market size and forecast, by region, 2018-2026
5.2.2.Comparative market share analysis, 2018 & 2026

5.3.Photovoltaic 

5.3.1.Market size and forecast, by region, 2018-2026
5.3.2.Comparative market share analysis, 2018 & 2026

5.4.Printed Circuit Boards

5.4.1.Market size and forecast, by region, 2018-2026
5.4.2.Comparative market share analysis, 2018 & 2026

5.5.Others

5.5.1.Market size and forecast, by region, 2018-2026
5.5.2.Comparative market share analysis, 2018 & 2026

6.Electronic Chemicals Market, by region

6.1.North America

6.1.1.Market size and forecast, by product type, 2018-2026
6.1.2.Market size and forecast, by application, 2018-2026
6.1.3.Market size and forecast, by country, 2018-2026
6.1.4.Comparative market share analysis, 2018 & 2026
6.1.5.U.S.

6.1.5.1.Market size and forecast, by product type, 2018-2026
6.1.5.2.Market size and forecast, by application, 2018-2026
6.1.5.3.Comparative market share analysis, 2018 & 2026

6.1.6.Canada

6.1.6.1.Market size and forecast, by product type, 2018-2026
6.1.6.2.Market size and forecast, by application, 2018-2026
6.1.6.3.Comparative market share analysis, 2018 & 2026

6.1.7.Mexico

6.1.7.1.Market size and forecast, by product type, 2018-2026
6.1.7.2.Market size and forecast, by application, 2018-2026
6.1.7.3.Comparative market share analysis, 2018 & 2026

6.2.Europe

6.2.1.Market size and forecast, by product type, 2018-2026
6.2.2.Market size and forecast, by application, 2018-2026
6.2.3.Market size and forecast, by country, 2018-2026
6.2.4.Comparative market share analysis, 2018 & 2026
6.2.5.Germany 

6.2.5.1.Market size and forecast, by product type, 2018-2026
6.2.5.2.Market size and forecast, by application, 2018-2026
6.2.5.3.Comparative market share analysis, 2018 & 2026

6.2.6.UK

6.2.6.1.Market size and forecast, by product type, 2018-2026
6.2.6.2.Market size and forecast, by application, 2018-2026
6.2.6.3.Comparative market share analysis, 2018 & 2026

6.2.7.France

6.2.7.1.Market size and forecast, by product type, 2018-2026
6.2.7.2.Market size and forecast, by application, 2018-2026
6.2.7.3.Comparative market share analysis, 2018 & 2026

6.2.8.Spain

6.2.8.1.Market size and forecast, by product type, 2018-2026
6.2.8.2.Market size and forecast, by application, 2018-2026
6.2.8.3.Comparative market share analysis, 2018 & 2026

6.2.9.Italy 

6.2.9.1.Market size and forecast, by product type, 2018-2026
6.2.9.2.Market size and forecast, by application, 2018-2026
6.2.9.3.Comparative market share analysis, 2018 & 2026

6.2.10.Rest of Europe

6.2.10.1.Market size and forecast, by product type, 2018-2026
6.2.10.2.Market size and forecast, by application, 2018-2026
6.2.10.3.Comparative market share analysis, 2018 & 2026

6.3.Asia Pacific

6.3.1.Market size and forecast, by product type, 2018-2026
6.3.2.Market size and forecast, by application, 2018-2026
6.3.3.Market size and forecast, by country, 2018-2026
6.3.4.Comparative market share analysis, 2018 & 2026
6.3.5.China

6.3.5.1.Market size and forecast, by product type, 2018-2026
6.3.5.2.Market size and forecast, by application, 2018-2026
6.3.5.3.Comparative market share analysis, 2018 & 2026

6.3.6.India 

6.3.6.1.Market size and forecast, by product type, 2018-2026
6.3.6.2.Market size and forecast, by application, 2018-2026
6.3.6.3.Comparative market share analysis, 2018 & 2026

6.3.7.Australia 

6.3.7.1.Market size and forecast, by product type, 2018-2026
6.3.7.2.Market size and forecast, by application, 2018-2026
6.3.7.3.Comparative market share analysis, 2018 & 2026

6.3.8.Rest of Asia Pacific

6.3.8.1.Market size and forecast, by product type, 2018-2026
6.3.8.2.Market size and forecast, by application, 2018-2026
6.3.8.3.Comparative market share analysis, 2018 & 2026

6.4.LAMEA

6.4.1.Market size and forecast, by product type, 2018-2026
6.4.2.Market size and forecast, by application, 2018-2026
6.4.3.Market size and forecast, by country, 2018-2026
6.4.4.Comparative market share analysis, 2018 & 2026
6.4.5.Latin America 

6.4.5.1.Market size and forecast, by product type, 2018-2026
6.4.5.2.Market size and forecast, by application, 2018-2026
6.4.5.3.Comparative market share analysis, 2018 & 2026

6.4.6.Middle East 

6.4.6.1.Market size and forecast, by product type, 2018-2026
6.4.6.2.Market size and forecast, by application, 2018-2026
6.4.6.3.Comparative market share analysis, 2018 & 2026

6.4.7.Africa

6.4.7.1.Market size and forecast, by product type, 2018-2026
6.4.7.2.Market size and forecast, by application, 2018-2026
6.4.7.3.Comparative market share analysis, 2018 & 2026

7.Company profiles

7.1.BASF SE

7.1.1.Business overview
7.1.2.Financial performance
7.1.3.Product portfolio
7.1.4.Recent strategic moves & developments
7.1.5.SWOT analysis

7.2.MacDermid, Inc

7.2.1.Business overview
7.2.2.Financial performance
7.2.3.Product portfolio
7.2.4.Recent strategic moves & developments
7.2.5.SWOT analysis

7.3.Sumitomo Chemical Co. Ltd

7.3.1.Business overview
7.3.2.Financial performance
7.3.3.Product portfolio
7.3.4.Recent strategic moves & developments
7.3.5.SWOT analysis

7.4.Honeywell International, Inc.

7.4.1.Business overview
7.4.2.Financial performance
7.4.3.Product portfolio
7.4.4.Recent strategic moves & developments
7.4.5.SWOT analysis

7.5.Hitachi Chemical Co. Ltd

7.5.1.Business overview
7.5.2.Financial performance
7.5.3.Product portfolio
7.5.4.Recent strategic moves & developments
7.5.5.SWOT analysis

7.6.Air Liquide SA

7.6.1.Business overview
7.6.2.Financial performance
7.6.3.Product portfolio
7.6.4.Recent strategic moves & developments
7.6.5.SWOT analysis

7.7.Merck KGaA

7.7.1.Business overview
7.7.2.Financial performance
7.7.3.Product portfolio
7.7.4.Recent strategic moves & developments
7.7.5.SWOT analysis

7.8.SIDLEY CHEMICAL CO.,LTD 

7.8.1.Business overview
7.8.2.Financial performance
7.8.3.Product portfolio
7.8.4.Recent strategic moves & developments
7.8.5.SWOT analysis

7.9.Solvay S. A. 

7.9.1.Business overview
7.9.2.Financial performance
7.9.3.Product portfolio
7.9.4.Recent strategic moves & developments
7.9.5.SWOT analysis
 

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