Electronic Grade Sulfuric Acid Industry: Global Overview, Size, Analysis, Growth Opportunities, Top ManufacturersPosted by Jack Martin on June 4th, 2024 The report "Electronic Grade Sulfuric Acid Market by Grade (PPT, PPB), Application (Semiconductors, PCB Panels, Pharmaceutical) and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2024", is projected to grow from USD 300 million in 2019 to USD 415 million by 2024, at a CAGR of 6.7% during the forecast period. The increasing electronic device manufacturing and demand in the developing economies of the APAC region, along with the shift in focus of major electronics manufacturers toward the region, is expected to boost the market during the forecast period. Electronic Grade Sulfuric Acid is a highly purified form of sulfuric acid used in semiconductor manufacturing. It undergoes stringent purification processes to remove impurities, ensuring high levels of cleanliness and consistency critical for semiconductor fabrication. This grade of sulfuric acid is essential for etching silicon wafers and cleaning semiconductor surfaces, contributing to the production of high-quality electronic components. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=205618803 PPT grade is estimated to dominate the electronic grade sulfuric acid market. PPT was the most significant grade of electronic grade sulfuric acid market in 2018. The PPT grade is preferred in semiconductor and IC manufacturing as only the highest grade of sulfuric acid with a purity level can be used for the cleaning and etching purpose of semiconductors and ICs. The PCB panels segment is projected to be the fastest-growing application of electronic grade sulfuric acid during the forecast period. The PCB panels segment is projected to be the fastest-growing application of electronic-grade sulfuric acid during the forecast period. PCB is an electronic circuit used in electronic devices to provide mechanical support. PCB panels find application in almost all electronic devices, including computers, TVs, smartphones, washing machines, coffee makers, and others. The demand for electronic grade sulfuric acid in PCB panel applications is majorly driven by its increasing use in automotive, healthcare, industrial electronics, consumer electronics, maritime transport, aerospace & defense, and other industries. APAC is estimated to be the largest electronic grade sulfuric acid market during the forecast period. APAC is projected to be the largest electronic-grade sulfuric acid market during the forecast period. The booming electronics industry, along with the rising demand for PCB panels and semiconductors, in the region is expected to drive the market during the forecast period. Inquire Now: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=205618803 The major 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), Moses Lake Industries (US) and others. Like it? Share it!More by this author |