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Electronic Grade Sulphuric Acid Latest Research Report. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size.
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Global Electronic Grade Sulphuric Acid Market Insights, Forecast, 2026 • The global electronic grade sulfuric acid market size is anticipated to increase at a significant CAGR during the forecast period, 2020-2026 owing to its characteristic that help remove impure particles, carbon deposits, and inorganic residue on wafer while etching and cleaning. It is used as an application in the electronics industry to manufacture printed circuit boards. The electronic grade sulfuric acid is known as ultra-pure sulfuric acid and is used in the purest form. • Market Trends, Drivers, Restraints, and Opportunities: • Rise in technological advancements in circuit board is driving the demand for electronic grade sulfuric acid. • Ultra-pure sulfuric acid meets Level12 of chemical material, SEMI C12 standard set by Semiconductor Equipment and Materials Internationals. • Lack of technological experts is restraining the growth of this market. • High costs of operations, high energy consumption, and acid mist pollution are hampering market growth.
Scope of the report: The report on the electronic grade sulfuric acid market includes an assessment of the market, size, share, trends, segments and regional markets. Overview and dynamics have been included in the report. Request for Free Sample: https://dataintelo.com/request-sample/?reportId=953
Electronic Grade Sulfuric Acid Market Segment Insights: Increasing adoption of parts per trillion due to it is purest form is expected to boost the segment growth On the basis of grade, the electronic grade sulfuric acid market has been bifurcated into parts per trillion (PPT) and parts per billion (PPB). The parts per trillion (PPT) segment is projected to expand at a rapid pace in the future as it is a preferred grade among wet chemicals in the electronics industry and it is considered to be the purest grade of sulfuric acid. Growing demand for high purity chemicals is expected to drive the growth of the semiconductor segment during the forecast period Based on end users, the market has been divided into semiconductors and pharmaceuticals. The semiconductors segment is anticipated to grow in the next few years. Electronic grade sulfuric acid possesses characteristics such as high purity, which is extensively employed in the electronics industry for etching and cleaning application of semiconductors. High demand for demand for electronic and electronic devices in the developing region is fueling the semiconductors segment.
The market in Asia Pacific is projected to expand at a high pace in the coming years On the basis of regions, the global electronic grade sulfuric acid market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to grow considerably in the next few years due to the rise in major developments in the electronic core area in the region. Rise in industrialization and urbanization in this region is expected to fuel the demand devices, which employ semiconductors. Moreover, China is a hub for electronic devices and automobile manufacturing. Increase in the number of international companies entering the market in Asia Pacific and increase in production capacity are anticipated to drive the growth of the market in the region. Competitive Landscape: Major companies operating in the global electronic grade sulfuric acid market are BASF SE, Chemtrade Logistics Inc, Sigma-Aldrich Co., KMG Chemicals Inc, Kanto Chemical Co. Inc, INEOS, The Linde Group, Reagent Chemicals, and PVS Chemical Inc. Major companies implement numerous strategic initiatives such as technological upgrades, acquisitions, product launches, collaborations, mergers, agreements, and partnerships to gain larger share of the market and sustain the competition. In May 2018, BASF SE’s electronic grade sulfuric acid manufacturing plant started its operations at Jiaxing, China. The plant is projected to cater to the growing semiconductor manufacturing industry in the country.
Segments Covered in the Report • The global electronic grade sulfuric acid market has been segregated based on products, end users, and regions. • By Products • Parts per Trillion (PPT) • Parts per Billion (PPB) • By End Users • Semiconductors • Pharmaceuticals • By Regions • North America • Europe • Asia Pacific • Latin America • Middle East & Africa • Discover More @ https://dataintelo.com/