Hyderabad News Desk

Electronic Grade Sulfuric Acid Market- Investigating Opportunities, Key Players, Trends, Regional Growth, and Emerging Applications

 Breaking News
  • No posts were found

Electronic Grade Sulfuric Acid Market- Investigating Opportunities, Key Players, Trends, Regional Growth, and Emerging Applications

September 05
11:05 2023
Electronic Grade Sulfuric Acid Market- Investigating Opportunities, Key Players, Trends, Regional Growth, and Emerging Applications
Browse 70 market data Tables and 33 Figures spread through 109 Pages and in-depth TOC on “Electronic Grade Sulfuric Acid Market”
The Electronic Grade Sulfuric Acid Market is driven by the demand for ultra-pure sulfuric acid in the semiconductor industry, with PCB panels as the fastest-growing application and PPT grade dominating due to its high purity and critical role in electronic component reliability.

The electronic grade sulfuric acid market size is projected to grow USD 415 million by 2024, at a CAGR of 6.7%. Electronic grade sulfuric acid, also known as ultra-pure sulfuric acid, is an extremely high-purity form of sulfuric acid used in the semiconductor and electronics industry. It undergoes rigorous purification processes to remove impurities and contaminants, resulting in a product with exceptionally low levels of metal ions, particulates, and organic substances. Electronic grade sulfuric acid is crucial for cleaning, etching, and surface treatment processes in semiconductor fabrication, ensuring the highest quality and reliability of electronic components and integrated circuits.

Request a Sample of this Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=205618803 

Based on grade, the market is segmented into PPT (Parts Per Trillion) and PPB (Parts Per Billion). In the electronic grade sulfuric acid market, PPT (parts per trillion) grade is expected to be the dominant category. PPT grade sulfuric acid is known for its exceptional purity, with extremely low levels of impurities, making it essential for critical applications in the semiconductor and electronics industry. This high level of purity ensures the reliability and performance of electronic components, making PPT grade sulfuric acid the preferred choice in this sector.

Based on application, the market is segmented into semiconductors, PCB panels, and pharmaceuticals. The PCB (Printed Circuit Board) panels segment is anticipated to experience the most rapid growth among the various applications of electronic grade sulfuric acid. This high-purity sulfuric acid is increasingly in demand for cleaning and etching processes in PCB manufacturing, driven by the expanding electronics industry. Its use in PCB production is crucial for achieving precise and reliable circuitry, making it a key driver of growth in the electronic grade sulfuric acid market.

Get Customization Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=205618803  

The market in APAC is projected to register the highest CAGR between 2019 and 2024. The high economic growth of the emerging economies and the increasing disposable income in the region are making APAC an attractive market for electronic grade sulfuric acid manufacturers. The tremendous growth of the semiconductor, PCBs, and pharmaceuticals application segments are primarily responsible for the high demand for electronic grade sulfuric acid in the region.

The key players in the electronic grade sulfuric acid market are BASF SE (Germany), INEOS Group Holdings S.A. (UK), Chemtrade Logistics (Canada), KMG Chemicals (US), Kanto Chemical Co., Inc.  (Japan), Trident Group (India), The Linde Group (Ireland), PVS Chemicals (US), Reagent Chemicals (UK), and Moses Lake Industries (US). The report analyzes the key growth strategies adopted by these leading market players, between 2014 and 2019, which include expansion and merger & acquisition.

Read Our Trending Press Release Below:

Aluminium Foam Market– Global Forecast to 2027

Barrier Systems Market – Global Forecast to 2028

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/ultra-pure-sulfuric-acid-market-205618803.html

Categories