Global Semiconductor Grade Nitric Acid Market Growth 2025-2031
Description
The global Semiconductor Grade Nitric Acid market size is predicted to grow from US$ 36.1 million in 2025 to US$ 49.8 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
LP Information, Inc. (LPI) ' newest research report, the “Semiconductor Grade Nitric Acid Industry Forecast” looks at past sales and reviews total world Semiconductor Grade Nitric Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Semiconductor Grade Nitric Acid sales for 2025 through 2031. With Semiconductor Grade Nitric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Grade Nitric Acid industry.
This Insight Report provides a comprehensive analysis of the global Semiconductor Grade Nitric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Grade Nitric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semiconductor Grade Nitric Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Grade Nitric Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Grade Nitric Acid.
This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Grade Nitric Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
EL Grade
VL Grade
UL Grade
SL Grade
Segmentation by Application:
Semiconductor
Solar Energy
LCD Panel
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
Kanto
BASF
Columbus Chemicals
UBE
Detrex Chemicals
T. N. C. Industrial
KMG Electronic Chemicals
EuroChem
Asia Union Electronic Chemicals
Juhua Group
Jianghua Microelectronics Materials
Suzhou Crystal Clear Chemical
Runma Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Semiconductor Grade Nitric Acid market?
What factors are driving Semiconductor Grade Nitric Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Semiconductor Grade Nitric Acid market opportunities vary by end market size?
How does Semiconductor Grade Nitric Acid break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
LP Information, Inc. (LPI) ' newest research report, the “Semiconductor Grade Nitric Acid Industry Forecast” looks at past sales and reviews total world Semiconductor Grade Nitric Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Semiconductor Grade Nitric Acid sales for 2025 through 2031. With Semiconductor Grade Nitric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Semiconductor Grade Nitric Acid industry.
This Insight Report provides a comprehensive analysis of the global Semiconductor Grade Nitric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Semiconductor Grade Nitric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Semiconductor Grade Nitric Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Semiconductor Grade Nitric Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Semiconductor Grade Nitric Acid.
This report presents a comprehensive overview, market shares, and growth opportunities of Semiconductor Grade Nitric Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
EL Grade
VL Grade
UL Grade
SL Grade
Segmentation by Application:
Semiconductor
Solar Energy
LCD Panel
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
Kanto
BASF
Columbus Chemicals
UBE
Detrex Chemicals
T. N. C. Industrial
KMG Electronic Chemicals
EuroChem
Asia Union Electronic Chemicals
Juhua Group
Jianghua Microelectronics Materials
Suzhou Crystal Clear Chemical
Runma Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Semiconductor Grade Nitric Acid market?
What factors are driving Semiconductor Grade Nitric Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Semiconductor Grade Nitric Acid market opportunities vary by end market size?
How does Semiconductor Grade Nitric Acid break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
107 Pages
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Semiconductor Grade Nitric Acid by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Semiconductor Grade Nitric Acid by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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