The global surge in demand for advanced electronics—from smartphones to electric vehicles and data centers—is fueling rapid growth in the Electronic Chemicals and Materials industry. These high-purity substances are the backbone of semiconductor fabrication, printed circuit boards (PCBs), and display technologies. With technological innovation accelerating and geopolitical shifts influencing supply chains, the role of electronic chemicals is more critical than ever. This report covers the global industry sales, sales volume, price, electronic chemicals and materials market share, ranking of major companies, etc.

Market Overview Growth Trends

The electronic chemicals and materials market is witnessing robust growth, driven by the proliferation of consumer electronics, the rollout of 5G, artificial intelligence (AI), and the expansion of the Internet of Things (IoT). The Electronic Chemicals And Materials Market size is projected to grow from USD 59.1 billion in 2023 and is projected to reach USD 77.8 billion by 2028, at a CAGR of 5.6%. This growth is propelled by the increasing demand for electronic devices across sectors like consumer electronics, automotive, healthcare, and telecommunications.

The Asia-Pacific region, especially countries like China, Taiwan, South Korea, and Japan, dominates the market due to the concentration of semiconductor fabrication units. However, North America and Europe are catching up with heavy investments in domestic semiconductor manufacturing initiatives.

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? What Are Electronic Chemicals and Materials?

These are ultra-high purity chemicals and advanced materials used in electronic device manufacturing. They play a vital role in enabling precise etching, deposition, cleaning, doping, and packaging processes. The industry includes:

? Types of Electronic Chemicals:

• Photoresists (used in photolithography for patterning)
• Wet chemicals (sulfuric acid, hydrogen peroxide, ammonia solutions)
• Etchants (for removing materials during IC fabrication)
• CMP Slurries (used in wafer planarization)
• Sputtering Targets (materials used in thin-film deposition)

? Types of Electronic Materials:

• Silicon wafers
• Dielectrics (Low-k and High-k materials)
• Packaging materials
• Conductive polymers
• Advanced alloys

Each material must meet electronic-grade purity standards, with some requiring up to 99.9999999% purity (9N) to avoid defects in semiconductor production.

? End-Use Applications

Electronic chemicals and materials are indispensable in:

• Semiconductor fabrication (logic chips, memory)
• Display manufacturing (LED, OLED, LCD)
• Printed Circuit Boards (PCBs)
• Photovoltaics (solar panels)
• Advanced Packaging (3D ICs, Chiplets)
• Sensors and MEMS for automotive and IoT devices

With emerging technologies like EUV lithography, FinFET, and 3D NAND, demand for more advanced and cleaner materials continues to rise.

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Regional Analysis

Asia-Pacific

The APAC region leads the market with over 60% share, led by Taiwan (TSMC), South Korea (Samsung, SK Hynix), and China’s massive government-backed chip investments. Japan remains a key chemical supplier.

North America

The U.S. is investing heavily via the CHIPS and Science Act to bring semiconductor manufacturing back home. The demand for local sourcing of materials is opening new opportunities for electronic chemical suppliers.

Europe

Europe is expected to be the fastest-growing regional segment during the forecast period, driven by initiatives like the EU Chips Act and rising investment in automotive and industrial IoT sectors.

Key Players in the Electronic Chemicals Market

Several global giants dominate this highly specialized and high-purity market:

• Merck KGaA (EMD Electronics) – A leader in photoresists, dielectric materials, and process chemicals.
• BASF SE – Supplies a broad range of wet chemicals and resins.
• Air Products and Chemicals – A major provider of specialty gases for electronics.
• Fujifilm Electronic Materials – Known for advanced photoresist and CMP solutions.
• DuPont – Offers materials for lithography, deposition, and packaging.
• Honeywell International – Supplies etchants and high-purity acids.
• Linde plc – Leading in gas technologies for semiconductor production.

Linde plc is a leading player in the industrial gas sector, renowned for its innovative technologies. Its core offerings encompass atmospheric gases like, nitrogen, argon, oxygen and rare gases, alongside process gases such as carbon dioxide (Liquid), helium, hydrogen, electronic gases, specialty gases, and acetylene. Beyond product provision, Linde Plc excels in equipment design, engineering, and construction for gas production, complemented by an extensive array of gas-related services. Its clientele spans diverse sectors like healthcare, chemicals, semiconductor, energy, manufacturing, metals, mining, food, beverages, and electronics. With an extensive infrastructure comprising production plants, pipeline networks, distribution hubs, and delivery fleets, Linde serves global markets, with major pipeline complexes strategically situated in key regions like the United States and China.

Innovation Technology Trends

With the transition to sub-5 nm nodes, EUV lithography, and heterogeneous integration, there’s a heightened need for:

• Next-gen photoresists suitable for EUV wavelengths
• Low-defect CMP slurries for 3D structures
• Advanced packaging materials for chiplets and hybrid bonding
• High-k dielectrics for transistor scaling

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Additionally, material integration with AI and quantum computing chips is pushing boundaries for both chemical engineering and process innovation.

Sustainability in Focus

The shift toward green chemistry is influencing the formulation of electronic chemicals. Growing pressure to replace PFAS-based chemicals, reduce solvent usage, and recycle rinse water is prompting RD investment.

Key areas of focus:

• PFAS-free wet chemicals
• Eco-friendly photoresists
• Water recycling in fabs
• Carbon-neutral production plants

Sustainable practices are also becoming key differentiators in vendor selection, particularly for companies aligning with ESG goals.

Market Forecast and Future Outlook

As nations aim for chip sovereignty, the global supply chain for electronic chemicals is set for strategic rebalancing. By 2030, the market will not only be larger but also more regionally diversified. Innovation in materials will parallel innovation in chips.

High growth opportunities are expected in:

• Specialty gases for EUV lithography
• Advanced photoresists
• Wafer cleaning chemicals
• 3D packaging resins

Conclusion: Powering the Next Era of Electronics

Electronic chemicals and materials are at the core of the semiconductor revolution. Their purity, performance, and consistency define the future of chips that run our world. Whether you’re an OEM, fab operator, or chemical supplier, staying ahead in this space requires a deep understanding of materials science, global trends, and innovation pathways.