Global Electronic Grade Sulfuric Acid Market, 2024-2030

Electronic grade sulfuric acid is specifically produced for applications in the electronic industry, such as the manufacture of printed circuit boards. Ultra-pure 98% sulfuric acid finds application as an etching agent for the production of semi-conductors for the electronic industry and as a laboratory chemical. It is also known as ultra-pure sulfuric acid. Its characteristic that help remove impure particles, carbon deposits, and inorganic residue on wafer while etching and cleaning. VLSI is a semi-conductor grade quality for the electronics industry. A mixture of sulfuric acid with H2O2 is a powerful stripper for organic impurities or residuals on substrates.

There are two types of grade area available including Parts Per Trillion (PPT) and Parts Per Billion (PPB).PPT was the most significant grade of electronic grade sulfuric acid which is pure and highest grade of sulfuric acid, majorly preferred for the cleaning and etching purpose of semiconductors and ICs. It has huge consumption in semiconductor, PCB panel, and IC manufacturing. Mostly it employed in semiconductor industry, PCB panel manufacturing and pharmaceutical industry.

The global electronic grade sulfuric acid market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global electronic grade sulfuric acid market is growing at a fast pace and increasing its geographical footprint rapidly. The global electronic grade sulfuric acid market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to expansion of semiconductor industry and huge consumption in semiconductor. The major growth driver for electronic grade sulfuric acid market is the technological advancement in semiconductor industry, booming electronics market, and trending world connecting through digital applications and (IoT).

The major impediments to the expansion of global electronic grade sulfuric acid market are the high manufacturing cost, lack of technological experts, high energy consumption, and acid mist pollution.

Electronic grade sulfuric acid enjoys wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of Electronic grade sulfuric acid market globally. The companies that lead global market are BASF SE, Chemtrade Logistics Inc. INEOS Group Holdings S.A., Limited KMG Chemicals Inc. The Linde Group Avantor Performance Materials Kanto Chemical Co., Inc Moses Lake Industries Inc. PVS Chemicals, Inc. and Reagent Chemicals Trident Group.

Research Methodology

The research process includes the market segmentation of the global electronic grade sulfuric acid market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (20%), Asia (45%), Europe (35%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global electronic grade sulfuric acid industry dynamics
• Estimation of the present global electronic grade sulfuric acid market size in terms of value and volume
• Global electronic grade sulfuric acid market breakup based on type and application
• Substantiated global Electronic grade sulfuric acid market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global electronic grade sulfuric acid industry value chain.

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