Electronic Grade Sulfuric Acid Market Report

Electronic Grade Sulfuric Acid Market Insights

Electronic grade sulfuric acid market is likely to witness an impressive CAGR of 6.5% during the forecast period. The increasing consumption of electronic grade sulfuric acid in various applications, such as semiconductors, PCB panels, and IC manufacturing is the prime factor contributing to its demand during the forecast period.

Market Share Analysis

Wish to Get a Free Sample? Click here

Electronic Grade Sulfuric Acid Market Share: By Grade Type

Based on the grade type, the market is segmented as PPT and PPB. The PPT grade segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The removal of ionic contaminants from silicon wafers is important during the manufacturing of semiconductors and ICs. PPT is the purest grade of electronic grade sulfuric acid and is majorly been used in cleaning and etching of silicon wafers in the semiconductor industry, which is driving the market in the foreseen duration.

Electronic Grade Sulfuric Acid Market Share: By Application Type

Based on the application type, the electronic grade sulfuric acid market is segmented as semiconductors, PCB panels, and pharmaceuticals. The semiconductors segment dominates the market, as this electronic grade sulfuric acid is used in cleaning and etching of semiconductors and PCBs. It is the most common and widely used specialty wet chemical which is used in specific and customized electronic applications in the semiconductor industry, which is propelling the growth of the segment during the forecast period.

Electronic Grade Sulfuric Acid Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest electronic grade sulfuric acid market during the forecast period, with China, Japan, India, South Korea, and Taiwan being the major countries with lucrative growth opportunities. The growth of the market in China is driven by the increase in the production of electronic products where PCB panels are majorly consumed, such as smartphones, LED and LCD televisions. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Know which region offers best growth opportunities. Click here

Some of the major electronic grade sulfuric acid manufacturers are-

• BASF SE
• INEOS Group Holdings S.A.
• Chemtrade Logistics
• KMG Chemicals
• Kanto Chemical Co., Inc.
• Trident Group
• The Linde Group.

Market Scope & Segmentation

Electronic grade sulfuric acid is also known as ultra-pure sulfuric acid. It is used in purest form and possesses various characteristics which help to remove impure particles, carbon deposits, and inorganic residue on water while cleaning and itching.

Electronic grade sulfuric acid are of different grades, such as PPT and PPB, which are used in various applications, such as semiconductors, PCB panels and pharmaceuticals.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The electronic grade sulfuric acid market is segmented into the following categories. 

Electronic Grade Sulfuric Acid Market Size, Share, & Forecast, by Grade Type:

• PPT (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• PPB (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Electronic Grade Sulfuric Acid Market Size, Share, & Forecast, by Application Type:

• Semiconductors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• PCB Panels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Electronic Grade Sulfuric Acid Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Want to know the most attractive market segments? Click here

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the grade types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.