Read more:

Monday, March 11, 2013

Latest Report On Global Electronic Chemical Market - Global Forecast, Trends, Industry Size, Market Share, Analysis And Forecast, 2012 - 2018

Electronic chemicals are highly pure chemicals like strippers, gases, acids, photo resists and so on, which are useful in electronic applications like printed circuits boards (PCB), integrated circuits (IC), flat screens, and semiconductor chips. For this reason, the electronic chemical market follows the growth pattern of the electronic market and allied industries like semiconductors. The market is categorized based on type into semiconductors, acids and solvents, printed circuit boards (PCB), CMP slurries, gases and polymers. Geographically, the market is segregated into North America, Europe, Asia Pacific and the Rest of the World (ROW).

To Buy a Copy Of This Report:

The electronics market saw a decline of over 20% due to the economic slowdown in 2008. Lower consumer income and decreasing electronic sales were the primary reasons for this sharp decline. However, with the economy improving, the market is set to develop and is expected to grow at a CAGR of over 10%. There are numerous reasons contributing to the growth of the market of which the growth in the electronic industry is a key factor.

Electronic chemicals are the key elements of modern day electronic equipment and with the expanding electronic market, the demand for electronic chemicals has seen a sharp rise. Technological innovation, which leads to development of newer materials like advanced photo resists and k- dielectrics, is also contributing substantially to the market. North America and Asia Pacific occupy a major chunk of the market share and with the economies in Asia being boosted by China and India, the market is set to witness a steady growth.

To Read The Complete Report with TOC:
The growth is primarily expected in the semiconductor and PCB sectors, and products like gases and acids have not shown much signs of growth. The market for gases is expected to show a very moderate growth, which would indirectly hamper the overall market. The major opportunity lies in this segment, wherein the focus should be on increasing the application areas for gases and acids and help the market grow at a better rate. Also by improving chemical qualities, it would be easier to achieve lower cost and assist in better integration in the current applications. Some of the  key players in the market include BASF, Bayer AG, Dow Chemicals, AkzoNobel N.V among others.

Hemendra Parmar
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030

No comments:

Post a Comment