Electronic Chemicals & Materials Market - By Types (Silicon Wafer, PCB Laminate, Photoresist, Specialty Gases, etc.), Application (Semiconductor & IC, PCB), Forms (Solid, Liquid, Gaseous) & Geography - Regional Trends & Forecast to 2019

Published: March 2014
No. of Pages: 182
    ReportsandReports

The electronic chemicals and materials market had revenue of $41 billion in 2013, with the highest share held by Asia-Pacific and ROW together accounted for 78%. The global market is projected to grow at a CAGR of 6.3% from 2014 to 2019. The highest investment is forecasted to be in Asia-Pacific, due to the growing application markets, low cost of production, and availability of raw materials especially in China. ROW is expected to have the highest growth of 6.5% from 2014 to 2019. The North American and European segments are expected to share together 19% of the revenue by 2019, growing at the rates of 4.1% and 2.8%, respectively between 2014 and 2019.

BASF SE (Germany), Albemarle Corporation (U.S.), Air Products & Chemicals Inc. (U.S.), Air Liquide Holdings Inc. (France), AZ Electronic Materials plc (U.K.), and Dow Chemical Company (U.S.) are the major active players in the electronic chemicals and materials market. These companies showed the highest strategy adoptions amongst other players in the global electronic chemicals and materials market accounted for 80.0% of the total market activities.

From 2010 to 2014, expansion was observed as the major growth strategy adopted by the electronic chemicals and materials companies, accounting for a share of 34.3% overall. In the first half of 2013, KMG Chemicals Company (U.S.) acquired ultra pure chemicals subsidiary of OM Group, followed by two expansions from The Linde Group (Germany), and three product launches by Dow Chemicals Company (U.S.). Cabot Microelectronic Corporation (U.S.) and Honeywell International Inc. (U.S.) are the other major participants in development activities during this period. The other active players in market development of electronic chemicals and materials are Air Liquide Holdings Inc. (France) and Albemarle Corporation (U.S.).

Major companies offering electronic chemicals and materials are actively involved in launching new products in the market by investing in R&D. Irrespective of the company’s size, all the market participants are actively investing in developing new products and delivering them to the market. The manufacturing companies are leveraging distribution networks of major companies by entering into strategic supply and distribution agreements. In this way, companies are able to explore new markets and penetrate into the existing markets with highly efficient products.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1739


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