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Published Date: 2014-08-27Number of Pages: 70

Electronic Chemicals Market (Wafers, Gases, CMP, Wet Chemicals, Photoresists and Others) for Semiconductors & IC, PCB and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Electronic chemicals are chemicals employed in the production of electronic components and equipment. Electronic chemicals include chemicals in solid, liquid and gaseous forms. Some of the raw materials used in the production of electronic chemicals include silicon, fluorine and bisphenol, among others. 

 

Demand for electronic chemicals is profoundly dependent on macroeconomic factors such as GDP growth. High growth in emerging economies, mainly in the Asia Pacific region, has been among the foremost factors driving the electronic chemicals market growth. There has been a surge in demand for smartphones across the globe. The smartphone market accounted for 22% of the global mobile phone market in 2010. However, at the end of 2013, the smartphone market accounted for about 55% of the mobile phones market. The growing demand for smartphone reflects in the fact that besides smartphone industry leaders such as Samsung, Apple and Nokia, Lenovo, the top PC manufacturer in 2013, sold more tablets and smartphones than PCs. The increasing demand for smartphones is among major factors driving demand for electronic chemicals. There has been a surge in the global solar energy market and this trend is anticipated to continue during the forecast period. Increasing consumer awareness, coupled with government incentives to promote the use of solar energy, is expected to drive solar energy market growth in the coming years. This high growth in the solar energy market is anticipated to drive the demand for electronic chemicals during the forecast period. Hybrid electric vehicles are expected to offer huge growth opportunity for electronic chemicals market during the forecast period.

 

Based on the product segment, electronics chemicals market has been bifurcated into six segments: wafers, gases, CMP, wet chemicals, photoresists and others. Wafers dominate the global electronic chemicals market and this trend is anticipated to continue during the forecast period. CMP is expected to be the fastest growing product segment for the next six years. Others product segment comprises niche segments such as low k dielectric, laminates, etc.  Based on its applications, electronic chemicals market has been segregated into three application segments: semiconductors & IC, PCB and others. In 2013, semiconductors & IC dominated the global demand for electronic chemicals and this trend is expected to continue during the forecast period. PCB is anticipated to be the fastest growing application segment during the forecast period.

 

Asia Pacific dominated the global electronics chemicals market with market share of over 60% in 2013, this trend is anticipated to continue for a foreseeable future. High GDP growth in the emerging economies of India and China leading to growth in several end use industries such as consumer electronics is expected to drive demand for electronic chemicals in Asia Pacific. North America was the second largest market for electronic chemicals in 2013. The demand for electronic chemicals in North America is anticipated to grow at a sluggish rate during the forecast period primarily owing to market saturation in several end user industries. Moreover, increasing number of environmental regulations is expected to hamper market growth in North America and Europe. RoW is anticipated to be the fastest growing region for electronic chemicals market for the next six years. High growth in the developing economies of South America and Africa is anticipated to drive demand for electronic chemicals in the RoW region.

 

The electronic chemicals market is fragmented in nature, with the top five players constituting over 30% of the global market share. Therefore, the market is characterized by high price sensitivity. Major end-use industries include consumer electronics, defense and automobiles among others. Buyers enter into long-term agreements with electronic chemicals manufacturers for customized solutions. Moreover owing to environmental regulations, major players have increased their investment in research and development activities. Major players in the electronic chemicals market include Albemarle Corporation, BASF SE, Bayer MaterialScience, Huntsman Corporation and The Dow Chemical Company.

 

 

 

Chapter 1 Preface

1.1 Report Description

1.2 Market Segmentation

      1.2.1 Global electronic chemicals market segmentation

1.3 Research Methodology

1.4 Abbreviations

 

Chapter 2 Executive Summary

2.1 Global electronic chemicals market, 2013 – 2020 (USD Million)

2.2 Electronic chemicals: Market Snapshot (2013 and 2020)

 

Chapter 3 Electronic Chemicals Market - Industry Analysis

3.1 Introduction

3.2 Value chain analysis

3.3 Market Drivers

      3.3.1 High growth in the solar energy market propels electronic chemicals market growth

      3.3.2 Increasing demand for smartphones to augment the demand for electronic chemicals

3.4 Market Restraints

      3.4.1 Surge in environmental regulations to hamper electronic chemicals market growth

3.5 Market Opportunities

      3.5.1 Government regulations coupled with increasing awareness of hybrid electric vehicles (HEV)

                 3.5.1.1 Global HEV market, 2013 - 2020 (Million Units)

3.6 Porter’s Five Force Analysis

      3.6.1 Bargaining power of suppliers

      3.6.2 Bargaining power of buyers

      3.6.3 Threat of new entrants

      3.6.4 Threat of substitutes

      3.6.5 Degree of competition

3.7 Electronic chemicals: Market attractiveness analysis

3.8 Electronic chemicals: Company market share analysis, 2013

 

Chapter 4 Electronic Chemicals Market: Product Segment Analysis

4.1 Global electronic chemicals market: Product segment overview

      4.1.1 Global electronic chemicals market, by product segment, 2013 and 2020

4.2 Wafers

      4.2.1 Global demand for wafers, electronic chemicals, 2013 – 2020 (USD Million)

4.3 Gases

      4.3.1 Global demand for gases, electronic chemicals, 2013 – 2020 (USD Million)

4.4 CMP

      4.4.1 Global demand for CMP, electronic chemicals, 2013 – 2020 (USD Million)

4.5 Photoresists

      4.5.1 Global demand for photoresists, electronic chemicals, 2013 – 2020 (USD Million)

4.6 Wet chemicals

      4.6.1 Global demand for wet chemicals, electronic chemicals, 2013 – 2020 (USD Million)

4.7 Others

      4.7.1 Global demand for other electronic chemicals, 2013 – 2020 (USD Million)

 

Chapter 5 Electronic Chemicals Market: Application Analysis

5.1 Global electronic chemicals market: Application overview

      5.1.1 Global electronic chemicals market share, by application, 2013 and 2020

5.2 Semiconductors & IC

      5.2.1 Global electronic chemicals market for semiconductors & IC applications, 2013 – 2020 (USD Million)

5.3 PCB

      5.3.1 Global electronic chemicals market for PCB applications, 2013 – 2020 (USD Million)

5.4 Others

      5.4.1 Global electronic chemicals market for other applications, 2013 – 2020 (USD Million)

 

Chapter 6 Electronic Chemicals Market: Regional Analysis

6.1 Global electronic chemicals market: Regional overview

      6.1.1 Global electronic chemicals market share, by region, 2013 and 2020

6.2 North America

      6.2.1 North America electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

      6.2.2 North America electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

6.3 Asia Pacific

      6.3.1 Asia Pacific electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

      6.3.2 Asia Pacific electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

6.4 Europe

      6.4.1 Europe electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

      6.4.2 Europe electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

6.5 Rest of the World (RoW)

      6.5.1 RoW electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

      6.5.2 RoW electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

 

Chapter 7 Company Profiles

7.1 Albemarle Corporation

      7.1.1 Company overview

      7.1.2 Product portfolio

      7.1.3 Financial overview

      7.1.4 Business strategy

      7.1.5 SWOT analysis

      7.1.6 Recent developments

7.2 BASF SE

      7.2.1 Company overview

      7.2.2 Product portfolio

      7.2.3 Financial overview

      7.2.4 SWOT analysis

      7.2.5 Business strategy

      7.2.6 Recent developments

7.3 Air Products and Chemicals, Inc.

      7.3.1 Company overview

      7.3.2 Financial overview

      7.3.3 Product Portfolio

      7.3.4 Business strategy

      7.3.5 SWOT analysis

      7.3.6 Recent Developments

7.4 Ashland Inc.

      7.4.1 Company overview

      7.4.2 Product Portfolio

      7.4.3 Financial overview

      7.4.4 Business strategies

      7.4.5 SWOT analysis

      7.4.6 Recent developments

7.5 The Dow Chemical Company

      7.5.1 Company overview

      7.5.2 Product portfolio

      7.5.3 Financial overview

      7.5.4 Business strategy

      7.5.5 SWOT analysis

      7.5.6 Recent developments

7.6 Bayer MaterialScience

      7.6.1 Company overview

      7.6.2 Product portfolio

      7.6.3 Financial overview

      7.6.4 Business strategies

      7.6.5 SWOT analysis

      7.6.6 Recent developments

7.7 The Linde Group

      7.7.1 Company overview

      7.7.2 Product portfolio

      7.7.3 Financial overview

      7.7.4 Business strategy

      7.7.5 SWOT analysis

7.8 Cabot Microelectronics Corporation

      7.8.1 Company overview

      7.8.2 Product Portfolio

      7.8.3 Financial overview

      7.8.4 Business strategy

      7.8.5 SWOT analysis

7.9 AZ Electronic Materials

      7.9.1 Company overview

      7.9.2 Product portfolio

      7.9.3 Financial overview

      7.9.4 Business strategy

      7.9.5 SWOT analysis

      7.9.6 Recent developments

7.10 Huntsman Corporation

      7.10.1 Company overview

      7.10.2 Product portfolio

      7.10.3 Financial overview

      7.10.4 Business strategies

      7.10.5 SWOT analysis

List of Figures 

 

FIG. 1 Global electronic chemicals market segmentation

FIG. 2 Global electronic chemicals market , 2013 - 2020 (USD Million)

FIG. 3 Electronic chemicals: Value chain analysis

FIG. 4 Global photovoltaic (PV) installed capacity, 2013 - 2020 (GW)

FIG. 5 Global smartphone market, 2013 - 2020 (Million units)

FIG. 6 Global HEV market, 2013 - 2020 (Million Units)

FIG. 7 Porter’s Five Force Analysis

FIG. 8 Electronic chemicals: Market attractiveness analysis

FIG. 9 Electronic chemicals: Company market share analysis (2013)

FIG. 10 Global electronic chemicals market share, by product segment, 2013 and 2020

FIG. 11 Global demand for wafers, electronic chemicals, 2013 – 2020  (USD Million)

FIG. 12 Global demand for gases, electronic chemicals, 2013 – 2020  (USD Million)

FIG. 13 Global demand for CMP, electronic chemicals, 2013 – 2020 (USD Million)

FIG. 14 Global photoresists, electronic chemicals 2013 – 2020 (USD Million)

FIG. 15 Global wet chemicals, electronic chemicals, 2013 – 2020 (USD Million)

FIG. 16 Global demand for other electronic chemicals, 2013 – 2020 (USD Million)

FIG. 17 Global electronic chemicals market share, by application, 2013 and 2020

FIG. 18 Global electronic chemicals market for semiconductors & IC applications, 2013 - 2020 (USD Million)

FIG. 19 Global electronic chemicals market for PCB, 2013 – 2020  (USD Million)

FIG. 20 Global electronic chemicals market for other applications, 2013 – 2020 (USD Million)

FIG. 21 Global electronic chemicals market share, by region, 2013 and 2020

List of Tables

 

TABLE 1 Electronic chemicals market: Global Snapshot

TABLE 2 Drivers for electronic chemicals market: Impact analysis

TABLE 3 Restraints for electronic chemicals market: Impact analysis

TABLE 4 North America electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

TABLE 5 North America electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

TABLE 6 Asia Pacific electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

TABLE 7 Asia Pacific electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

TABLE 8 Europe electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

TABLE 9 Europe electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

TABLE 10 RoW electronic chemicals market revenue, by product segment, 2013 – 2020 (USD Million)

TABLE 11 RoW electronic chemicals market revenue, by application, 2013 – 2020 (USD Million)

 

Demand for electronic chemicals is greatly dependent on factors such as the GDP growth of countries and therefore the high GDP in developing countries, particularly in the Asia Pacific region, has been the key factor fuelling the growth of the electronic chemicals market.

This research study presents a crisp evaluation of the market for electronic chemicals and presents the size of the market in US$ bn and displays the market’s forecast from 2014 to 2020. The report is a compilation of market restraints, market trends, and drivers. The growth opportunities in the market for electronic chemicals are also a part of this study.

The report compiles and demonstrates the market potential and categorizes the electronic chemicals market by products, applications, and regions.  An extensive evaluation of the strategies of the key stakeholders and the various imperatives in order to gain success in the electronic chemicals market also are a part of this report. 

Overview of Global Electronic Chemicals Market

Electronic chemicals are chemicals utilized in making equipment and electronic components. They comprise chemicals in forms such as liquid, solid, and gaseous. There are a number of chemicals utilized in the making of electronic chemicals such as bisphenol, silicon, and fluorine, among others.

On the basis of product, the electronic chemicals market is segmented into CMP, gases, wafers, photoresists, wet chemicals, and others.  Amongst these, wafers dominate the global market for electronic chemicals and are predicted to maintain their superiority throughout the forecast horizon. The CMP product segment is predicted to be the most swiftly growing segment in the coming six years. The others product segment includes niche segments such as laminates, low-k dielectrics, etc. 

On the basis of application, the electronic chemicals market is segmented into PCB, semiconductors and IC, and others. Amongst these, semiconductors and IC led the market in 2013 and will maintain the lead in the forecast horizon. On the other hand, the PCB application segment is predicted to be the most swiftly developing segment in the forecast horizon.

The increasing demand for smartphones nowadays has also positively affected the electronic chemicals market. In addition, the rise in consumer awareness along with government incentives for the promotion of solar energy utilization will fuel the market for solar energy in the forthcoming years. This growth of the solar energy market is predicted to stimulate the demand for electronic chemicals in the forecast horizon.

On the basis of geography, the electronic chemicals market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, Asia Pacific led the global market for electronic chemicals, representing a share of more than 60% in 2013, and is expected to maintain its superiority in the coming years. The same year, North America trailed Asia Pacific and constituted the second biggest share in the market. However, in this region, the demand for electronic chemicals is expected to increase at a sluggish rate in the forecast horizon, due to market saturation in a number of end-user industries. 

Key players in the Electronic Chemicals Market

BASF SE, Albemarle Corporation, Huntsman Corporation, Bayer MaterialScience, and The Dow Chemical Company are the prime players operating in the market.

Major geographies analyzed under this research report are: 

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report:

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments