The Electronic Chemicals Industry is a global market that covers chemicals and materials used in the manufacture of electronic products. It includes semiconductor substrates, electronics processing chemicals, and electronic packaging materials. These chemicals are a key component in the manufacturing of electronic devices such as semiconductors, printed circuit boards (PCB), and hybrid electronics.
The global electronic chemicals and materials market is a highly competitive one with a significant number of players competing for business. The competition in the industry is largely driven by a number of factors including technological advances, product innovation, and price. In order to gain a comprehensive understanding of the electronic chemicals and materials industry, it is essential to understand the driving trends, challenges, and opportunities that are present in the global market.
Technological Advances and Growth of the Electronic Chemicals Market
The electronic chemicals and materials market is a rapidly growing segment that has witnessed considerable growth over the past few years. This market has experienced strong growth due to several factors, such as increasing demand for smart devices, new smartphone displays, 5G, artificial intelligence (AI), high-performance computing (HPC), and VR.
Technological advancements have led to the increased use of semiconductors in many applications. This has resulted in the need for new technologies and chemicals to support these applications. The semiconductor industry uses a large variety of specialty chemicals in the processing steps for wafers and ICs, PCBs, and other electronic devices. These chemicals include atmospheric and specialty gases, photoresists, ancillary chemicals, wet processing chemicals, CMP slurries, thin film metals, and more.
Integrated Circuits Process Chemicals
The global integrated circuits process chemical market is expected to experience healthy growth in the coming years. The demand for high purity and ultra-low contaminant chemicals will be driven by the need to reduce defect densities and improve device performance. This will increase the demand for halogen-free and hydrofluoric acid (HF), hydrogen peroxide (H2O2), ammonium halide (NH4OH), hydrochloric acid (HCl), nitric acid (NO3), and sulfuric acid (H2SO4).
In terms of volume, the global integrated circuits process chemical market is anticipated to grow from $16,500 million in 2000 to $24,300 million in 2020. The largest integrated circuits process chemical market share in the world is Japan, followed by South Korea, Taiwan, and China.
Mainland China will also be an important market for the semiconductor industry, with the production of ICs expected to accelerate at a rate of above 10% through 2025. This will drive the demand for high-purity and ultra-low contaminant chemicals in the Chinese market, thereby creating lucrative business opportunities for suppliers of these products.
Semiconductor Process Chemicals
The semiconductor processing chemicals market is an extremely complex segment that involves a number of different manufacturing processes. These include crystal growth, epitaxy, lithography, deposition, annealing, doping (diffusion or ion implant), etching, and metallization. These processes involve a wide range of chemicals and gases, including bulk and specialty gases and wet chemicals such as acetic acid, acetone, ammonium fluoride, ammonium nitrate, hydrochloric acid, hydrogen peroxide, and isopropyl alcohol.
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