전자화학 및 전자재료 세계 시장 규모는 2022년 516억 7,000만 달러로 2023년 578억 8,000만 달러에서 2031년 1,013억 1,000만 달러로 성장할 것으로 예상되며, 예측 기간(2024-2031년) 동안 7.24%의 CAGR로 성장할 것으로 예상됩니다.
전자화학 및 전자재료 시장은 반도체 제조, 평판 디스플레이 및 포토리소그래피 인쇄 분야의 제품 수요 증가로 인해 큰 폭의 성장이 예상됩니다. 설비 비용의 하락과 세계 생활수준의 향상으로 가전제품 부문이 확대되는 가운데 특히 휴대폰, 전자칩, 집적회로 생산이 급증하면서 반도체에 대한 수요가 증가할 것으로 보입니다. 세계 반도체 시장의 선두주자인 미국은 2014년 세계 매출의 50% 이상을 차지하며 그 지위가 더욱 강화될 것으로 예상되며, 전자화학 및 전자재료 시장도 크게 성장할 것으로 전망됩니다. 업체들의 기술 혁신과 제품 라인업 확대에 따라 경쟁은 더욱 치열해질 것으로 보이지만, 새로운 산업 설비와 연구개발에 필요한 고가의 자본으로 인해 신규 진입은 억제될 수 있습니다. 하지만 기술의 발전은 신규 진입 기업들에게 시장 진입의 발판을 마련해 줄 것으로 보입니다. 또한, 태양광발전 등의 분야에서의 실리콘 수요 증가는 원료 공급에 영향을 미칠 수 있으며, 중국, 미국, EU 간의 무역 마찰이 지속되고 있어 실리카 가격이 변동될 가능성도 있습니다. 이 시장에는 습식 화학, 포토레지스트, 가스, 산, 용매, 라미네이트, 웨이퍼 등 다양한 고순도 화학제품이 포함됩니다. 다기능을 갖춘 첨단 전자 장치의 지속적인 추구로 인해 높은 저항과 효과적인 방열로 주목받는 이러한 재료에 대한 수요는 계속 증가할 것으로 예상됩니다.
Global Electronic Chemicals and Materials Market size was valued at USD 51.67 billion in 2022 and is poised to grow from USD 57.88 billion in 2023 to USD 101.31 billion by 2031, growing at a CAGR of 7.24% in the forecast period (2024-2031).
The electronic chemicals and materials market is poised for substantial growth, driven by increasing product demand in semiconductor manufacturing, flat panel displays, and photolithographic printing. As the consumer electronics sector expands, bolstered by declining equipment costs and improving global living standards, the need for semiconductors is set to rise, particularly with an upsurge in the production of mobile phones, electronic chips, and integrated circuits. The United States, a leader in the global semiconductor market, accounted for over 50% of worldwide sales in 2014 and is expected to further enhance its position, resulting in significant growth within the electronic chemicals and materials market. Competitive dynamics will intensify as companies innovate and expand their product offerings, although high capital requirements for new industrial setups and research and development may deter new entrants. Nevertheless, technological advancements are likely to provide newcomers with a foothold in the market. Additionally, the rising demand for silicon from sectors such as solar photovoltaics could impact raw material supply, while ongoing trade tensions among China, the US, and the European Union may lead to fluctuations in silica prices. The market encompasses a range of high-purity chemicals, including wet chemicals, photoresists, gases, acids, and solvents, as well as laminates and wafers. The ongoing quest for advanced electronic devices with multifunctional capabilities will continue to drive demand for these materials, noted for their high resistance and effective heat dissipation qualities.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Electronic Chemicals And Materials market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Electronic Chemicals And Materials Market Segmental Analysis
Global Electronic Chemicals and Materials Market is segmented by Type, Application and region. Based on Type, the market is segmented into Specialty Gases, CMP Slurries, Conductive Polymers, Photoresist Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, PCB Laminates. Based on application, the market is segmented into Semiconductors (Integrated Circuits, Printed Circuit Boards), Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Electronic Chemicals And Materials Market
The growth of the Global Electronic Chemicals and Materials market is driven by several key factors, including enhancements in IT infrastructure and the emergence of innovative technologies such as artificial intelligence (AI) and the Internet of Things (IoT). Additionally, the rising utilization of printed circuit boards (PCBs) within the telecommunications sector and the heightened demand for rapid diagnostic systems influenced by the COVID-19 pandemic are significant contributors as well. Moreover, the market's shift towards Micro-Electro-Mechanical Systems (MEMS) and Nano-Electro-Mechanical Systems (NEMS) is a testament to the growing acceptance of nanotechnology, which has propelled the demand for photoresists and related materials due to their benefits in terms of size, weight, power efficiency, and cost-effectiveness.
Restraints in the Global Electronic Chemicals And Materials Market
The Global Electronic Chemicals and Materials market faces significant restraints due to stringent regulations imposed on the use of potentially harmful substances during manufacturing. These regulations, aimed at protecting worker health and the environment, have heightened operational costs for electronic device manufacturers. For instance, the use of silica in semiconductor production has raised serious health concerns for employees. As a result, manufacturers must navigate complex compliance requirements related to energy efficiency, product recycling, the management of refrigerants, and the restriction of ozone-depleting substances and conflict minerals. This regulatory landscape increases expenses throughout the entire supply chain, affecting raw material procurement, production, packaging, distribution, and disposal processes.
Market Trends of the Global Electronic Chemicals And Materials Market
The Global Electronic Chemicals and Materials market is experiencing a significant upward trend, largely driven by the proliferation of IoT and AI technologies. As intelligent home appliances become increasingly prevalent, the demand for high-performance electronic materials and specialty chemicals is surging. This expansion is particularly notable in the industrial sector, where projections indicate a staggering growth rate exceeding 60%. Key players in the market are focusing on innovation to meet the specific requirements of these advanced applications. Consequently, investment in research and development is intensifying, ultimately positioning the electronic chemicals and materials sector for robust growth and increased market share in the coming years.