Electronic Grade Nitric Acid Market Size, Share, & Industry Analysis Report: By Type (EL Grade, VL Grade, UL Grade, and SL Grade), By Application, and By Region – Market Forecast, 2025–2034
Description
The electronic grade nitric acid market size is expected to reach USD 143.08 billion by 2034, according to a new study by Polaris Market Research. The report “Electronic Grade Nitric Acid Market Share, Size, & Industry Analysis Report: By Type (EL Grade, VL Grade, UL Grade, and SL Grade), By Application, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Electronic grade nitric acid (EGNA) is a high-purity form of nitric acid (HNO₃) specifically designed for use in the semiconductor and electronics industries. Unlike industrial-grade nitric acid, which may contain impurities, EGNA undergoes rigorous purification processes to meet stringent quality standards, ensuring minimal contamination. This makes it crucial for applications such as wafer cleaning, etching, and the removal of metallic residues during the fabrication of integrated circuits (ICs) and other microelectronic devices.
The rapid expansion of the semiconductor industry, driven by the proliferation of IoT devices, 5G technology, and artificial intelligence (AI), is boosting the demand for electronic grade nitric acid. The miniaturization of semiconductor components, particularly in nodes below 10 nanometers, is necessitating ultra-clean processing. EGNA plays a critical role in ensuring the precision and reliability of these processes, as even minute contaminants can lead to circuit failures or reduced performance.
Electronic Grade Nitric Acid Market Report Highlights
In terms of type, the EL grade segment dominated the electronic grade nitric acid market share in 2024 due to its widespread use in semiconductor manufacturing processes such as wafer cleaning, etching, and doping.
Based on application, the semiconductor segment accounted for a major market share in 2024 due to the critical role high-purity nitric acid plays in integrated circuit manufacturing.
The solar energy segment is expected to grow at a robust pace in the coming years, owing to the growing shift toward renewable energy sources, where high-purity nitric acid is essential for producing high-efficiency solar cells.
In 2024, Asia Pacific dominated the market share due to its strong presence in the global semiconductor and electronics manufacturing industries.
The market in North America is expected to grow at a robust pace in the coming years, owing to the ongoing strategic efforts to strengthen domestic semiconductor production.
The Europe electronic grade nitric acid market is expected to hold a substantial market share in the coming years, owing to the established base of specialty chemical manufacturers and growing investments in semiconductor and electronics production.
A few global key market players include Asia Union Electronic Chemicals; BASF; Columbus Chemicals; EuroChem; Everest Kanto Cylinder; Juhua Group; KMG Electronic Chemicals; Mitsubishi Chemical Corporation; Suzhou Crystal Clear Chemical Co., Ltd.; thyssenkrupp Uhde; and UBE Corporation.
Polaris Market Research has segmented the market report on the basis of type, application, and region:
By Type Outlook (Revenue, USD Billion, 2020–2034)
EL Grade
VL Grade
UL Grade
SL Grade
By Application Outlook (Revenue, USD Billion, 2020–2034)
Semiconductor
Solar Energy
LCD Panel
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Electronic grade nitric acid (EGNA) is a high-purity form of nitric acid (HNO₃) specifically designed for use in the semiconductor and electronics industries. Unlike industrial-grade nitric acid, which may contain impurities, EGNA undergoes rigorous purification processes to meet stringent quality standards, ensuring minimal contamination. This makes it crucial for applications such as wafer cleaning, etching, and the removal of metallic residues during the fabrication of integrated circuits (ICs) and other microelectronic devices.
The rapid expansion of the semiconductor industry, driven by the proliferation of IoT devices, 5G technology, and artificial intelligence (AI), is boosting the demand for electronic grade nitric acid. The miniaturization of semiconductor components, particularly in nodes below 10 nanometers, is necessitating ultra-clean processing. EGNA plays a critical role in ensuring the precision and reliability of these processes, as even minute contaminants can lead to circuit failures or reduced performance.
Electronic Grade Nitric Acid Market Report Highlights
In terms of type, the EL grade segment dominated the electronic grade nitric acid market share in 2024 due to its widespread use in semiconductor manufacturing processes such as wafer cleaning, etching, and doping.
Based on application, the semiconductor segment accounted for a major market share in 2024 due to the critical role high-purity nitric acid plays in integrated circuit manufacturing.
The solar energy segment is expected to grow at a robust pace in the coming years, owing to the growing shift toward renewable energy sources, where high-purity nitric acid is essential for producing high-efficiency solar cells.
In 2024, Asia Pacific dominated the market share due to its strong presence in the global semiconductor and electronics manufacturing industries.
The market in North America is expected to grow at a robust pace in the coming years, owing to the ongoing strategic efforts to strengthen domestic semiconductor production.
The Europe electronic grade nitric acid market is expected to hold a substantial market share in the coming years, owing to the established base of specialty chemical manufacturers and growing investments in semiconductor and electronics production.
A few global key market players include Asia Union Electronic Chemicals; BASF; Columbus Chemicals; EuroChem; Everest Kanto Cylinder; Juhua Group; KMG Electronic Chemicals; Mitsubishi Chemical Corporation; Suzhou Crystal Clear Chemical Co., Ltd.; thyssenkrupp Uhde; and UBE Corporation.
Polaris Market Research has segmented the market report on the basis of type, application, and region:
By Type Outlook (Revenue, USD Billion, 2020–2034)
EL Grade
VL Grade
UL Grade
SL Grade
By Application Outlook (Revenue, USD Billion, 2020–2034)
Semiconductor
Solar Energy
LCD Panel
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
129 Pages
- Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objective of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
- Chapter 2. Research Methodology
- 2.1 Research Methodology
- 2.2 Research Scope and Assumptions
- 2.3 Information Procurement
- 2.3.1 Purchased Database
- 2.3.2 Internal Database
- 2.3.3 Secondary Sources
- 2.3.4 Third Party Perspective
- 2.3.5 Primary Research
- 2.4 Information Analysis
- 2.4.1 Data Analysis Models
- 2.5 Market Formulation and Data Visualization
- 2.6 Data Validation and Publishing (Secondary Sources)
- Chapter 3. Executive Summary
- Chapter 4. Market Insights
- 4.1 Electrical Sectionalizer – Industry snapshot
- 4.2 Electrical Sectionalizer Market - Value Chain Analysis
- 4.3 Electrical Sectionalizer Market Dynamics
- 4.3.1 Drivers and Opportunities
- 4.3.1.1 Increasing Global Population
- 4.3.1.2 Rising Investment in Infrastructure Worldwide
- 4.3.2 Restraints and Challenges
- 4.3.2.1 High Cost and Integration Challenges
- 4.4 Electrical Sectionalizer Market – Porter’s Five Forces
- 4.4.1 Threat of Substitutes: (Low)
- 4.4.2 Threat of New Entrants: (Moderate)
- 4.4.3 Bargaining Power of Buyers: (High)
- 4.4.4 Bargaining Power of Suppliers: (Moderate)
- 4.4.5 Competitive Rivalry: (High)
- 4.5 Electrical Sectionalizer Market – PESTLE Analysis
- Chapter 5. Electrical Sectionalizer Market Assessment, By Product
- 5.1 Introduction
- 5.2 Resettable Electronic Sectionalizers
- 5.3 Programmable (Intelligent) Sectionalizers
- 5.4 Others
- Chapter 6. Electrical Sectionalizer Market Assessment, By Voltage
- 6.1 Introduction
- 6.2 Medium-voltage (1 kV – 36 kV)
- 6.3 High-voltage (>36 kV)
- Chapter 7. Electrical Sectionalizer Market Assessment, By End Use
- 7.1 Introduction
- 7.2 Railways & Transportation
- 7.3 Telecommunication
- 7.4 Power & Utilities
- 7.5 Mining & Heavy Manufacturing
- 7.6 Others
- Chapter 8. Electrical Sectionalizer Market Assessment, By Region
- 8.1 Introduction
- 8.2 North America Electrical Sectionalizer Market
- 8.2.1 North America Electrical Sectionalizer Market, By Product
- 8.2.2 North America Electrical Sectionalizer Market, By Voltage
- 8.2.3 North America Electrical Sectionalizer Market, By End Use
- 8.2.4 US Electrical Sectionalizer Market
- 8.2.4.1 US Electrical Sectionalizer Market, By Product
- 8.2.4.2 US Electrical Sectionalizer Market, By Voltage
- 8.2.4.3 US Electrical Sectionalizer Market, By End Use
- 8.2.5 Canada Electrical Sectionalizer Market
- 8.2.5.1 Canada Electrical Sectionalizer Market, By Product
- 8.2.5.2 Canada Electrical Sectionalizer Market, By Voltage
- 8.2.5.3 Canada Electrical Sectionalizer Market, By End Use
- 8.2.6 Mexico Electrical Sectionalizer Market
- 8.2.6.1 Mexico Electrical Sectionalizer Market, By Product
- 8.2.6.2 Mexico Electrical Sectionalizer Market, By Voltage
- 8.2.6.3 Mexico Electrical Sectionalizer Market, By End Use
- 8.3 Europe Electrical Sectionalizer Market
- 8.3.1 Europe Electrical Sectionalizer Market, By Product
- 8.3.2 Europe Electrical Sectionalizer Market, By Voltage
- 8.3.3 Europe Electrical Sectionalizer Market, By End Use
- 8.3.4 UK Electrical Sectionalizer Market
- 8.3.4.1 UK Electrical Sectionalizer Market, By Product
- 8.3.4.2 UK Electrical Sectionalizer Market, By Voltage
- 8.3.4.3 UK Electrical Sectionalizer Market, By End Use
- 8.3.5 France Electrical Sectionalizer Market
- 8.3.5.1 France Electrical Sectionalizer Market, By Product
- 8.3.5.2 France Electrical Sectionalizer Market, By Voltage
- 8.3.5.3 France Electrical Sectionalizer Market, By End Use
- 8.3.6 Germany Electrical Sectionalizer Market
- 8.3.6.1 Germany Electrical Sectionalizer Market, By Product
- 8.3.6.2 Germany Electrical Sectionalizer Market, By Voltage
- 8.3.6.3 Germany Electrical Sectionalizer Market, By End Use
- 8.3.7 Italy Electrical Sectionalizer Market
- 8.3.7.1 Italy Electrical Sectionalizer Market, By Product
- 8.3.7.2 Italy Electrical Sectionalizer Market, By Voltage
- 8.3.7.3 Italy Electrical Sectionalizer Market, By End Use
- 8.3.8 Spain Electrical Sectionalizer Market
- 8.3.8.1 Spain Electrical Sectionalizer Market, By Product
- 8.3.8.2 Spain Electrical Sectionalizer Market, By Voltage
- 8.3.8.3 Spain Electrical Sectionalizer Market, By End Use
- 8.3.9 Netherlands Electrical Sectionalizer Market
- 8.3.9.1 Netherlands Electrical Sectionalizer Market, By Product
- 8.3.9.2 Netherlands Electrical Sectionalizer Market, By Voltage
- 8.3.9.3 Netherlands Electrical Sectionalizer Market, By End Use
- 8.3.10 Rest of Europe Electrical Sectionalizer Market
- 8.3.10.1 Rest of Europe Electrical Sectionalizer Market, By Product
- 8.3.10.2 Rest of Europe Electrical Sectionalizer Market, By Voltage
- 8.3.10.3 Rest of Europe Electrical Sectionalizer Market, By End Use
- 8.4 Asia Pacific Electrical Sectionalizer Market
- 8.4.1 Asia Pacific Electrical Sectionalizer Market, By Product
- 8.4.2 Asia Pacific Electrical Sectionalizer Market, By Voltage
- 8.4.3 Asia Pacific Electrical Sectionalizer Market, By End Use
- 8.4.4 China Electrical Sectionalizer Market
- 8.4.4.1 China Electrical Sectionalizer Market, By Product
- 8.4.4.2 China Electrical Sectionalizer Market, By Voltage
- 8.4.4.3 China Electrical Sectionalizer Market, By End Use
- 8.4.5 Japan Electrical Sectionalizer Market
- 8.4.5.1 Japan Electrical Sectionalizer Market, By Product
- 8.4.5.2 Japan Electrical Sectionalizer Market, By Voltage
- 8.4.5.3 Japan Electrical Sectionalizer Market, By End Use
- 8.4.6 South Korea Electrical Sectionalizer Market
- 8.4.6.1 South Korea Electrical Sectionalizer Market, By Product
- 8.4.6.2 South Korea Electrical Sectionalizer Market, By Voltage
- 8.4.6.3 South Korea Electrical Sectionalizer Market, By End Use
- 8.4.7 India Electrical Sectionalizer Market
- 8.4.7.1 India Electrical Sectionalizer Market, By Product
- 8.4.7.2 India Electrical Sectionalizer Market, By Voltage
- 8.4.7.3 India Electrical Sectionalizer Market, By End Use
- 8.4.8 Australia Electrical Sectionalizer Market
- 8.4.8.1 Australia Electrical Sectionalizer Market, By Product
- 8.4.8.2 Australia Electrical Sectionalizer Market, By Voltage
- 8.4.8.3 Australia Electrical Sectionalizer Market, By End Use
- 8.4.9 Rest of Asia Pacific Electrical Sectionalizer Market
- 8.4.9.1 Rest of Asia Pacific Electrical Sectionalizer Market, By Product
- 8.4.9.2 Rest of Asia Pacific Electrical Sectionalizer Market, By Voltage
- 8.4.9.3 Rest of Asia Pacific Electrical Sectionalizer Market, By End Use
- 8.5 Latin America Electrical Sectionalizer Market
- 8.5.1 Latin America Electrical Sectionalizer Market, By Product
- 8.5.2 Latin America Electrical Sectionalizer Market, By Voltage
- 8.5.3 Latin America Electrical Sectionalizer Market, By End Use
- 8.5.4 Brazil Electrical Sectionalizer Market
- 8.5.4.1 Brazil Electrical Sectionalizer Market, By Product
- 8.5.4.2 Brazil Electrical Sectionalizer Market, By Voltage
- 8.5.4.3 Brazil Electrical Sectionalizer Market, By End Use
- 8.5.5 Argentina Electrical Sectionalizer Market
- 8.5.5.1 Argentina Electrical Sectionalizer Market, By Product
- 8.5.5.2 Argentina Electrical Sectionalizer Market, By Voltage
- 8.5.5.3 Argentina Electrical Sectionalizer Market, By End Use
- 8.5.6 Rest of Latin America Electrical Sectionalizer Market
- 8.5.6.1 Rest of Latin America Electrical Sectionalizer Market, By Product
- 8.5.6.2 Rest of Latin America Electrical Sectionalizer Market, By Voltage
- 8.5.6.3 Rest of Latin America Electrical Sectionalizer Market, By End Use
- 8.6 Middle East and Africa Electrical Sectionalizer Market
- 8.6.1 Middle East & Africa Electrical Sectionalizer Market, By Product
- 8.6.2 Middle East & Africa Electrical Sectionalizer Market, By Voltage
- 8.6.3 Middle East & Africa Electrical Sectionalizer Market, By End Use
- 8.6.4 UAE Electrical Sectionalizer Market
- 8.6.4.1 UAE Electrical Sectionalizer Market, By Product
- 8.6.4.2 UAE Electrical Sectionalizer Market, By Voltage
- 8.6.4.3 UAE Electrical Sectionalizer Market, By End Use
- 8.6.5 Saudi Arabia Electrical Sectionalizer Market
- 8.6.5.1 Saudi Arabia Electrical Sectionalizer Market, By Product
- 8.6.5.2 Saudi Arabia Electrical Sectionalizer Market, By Voltage
- 8.6.5.3 Saudi Arabia Electrical Sectionalizer Market, By End Use
- 8.6.6 South Africa Electrical Sectionalizer Market
- 8.6.6.1 South Africa Electrical Sectionalizer Market, By Product
- 8.6.6.2 South Africa Electrical Sectionalizer Market, By Voltage
- 8.6.6.3 South Africa Electrical Sectionalizer Market, By End Use
- 8.6.7 Rest of Middle East & Africa Electrical Sectionalizer Market
- 8.6.7.1 Rest of Middle East & Africa Electrical Sectionalizer Market, By Product
- 8.6.7.2 Rest of Middle East & Africa Electrical Sectionalizer Market, By Voltage
- 8.6.7.3 Rest of Middle East & Africa Electrical Sectionalizer Market, By End Use
- Chapter 9. Customization
- 9.1 Electrical Sectionalizer Market - Estimated Product Pricing by Manufacturer
- 9.2 Global Electrical Sectionalizer Market: Key Players' Market Share Analysis, 2024
- 9.3 Electrical Sectionalizer Market – Buyer/Vendor Relationship Analysis
- 9.4 Electrical Sectionalizer Market – Regional Leadership Breakdown (2024)
- Chapter 10. Competitive Landscape
- 10.1 Strategy Framework
- 10.2 Vendor Landscape
- 10.2.1 Inorganic Developments
- Chapter 11. Company Profiles
- 11.1 Nikum Energy
- 11.1.1 Business Overview
- 11.1.2 Products Benchmarking
- 11.2 Eswari Electricals Private Limited.
- 11.2.1 Business Overview
- 11.2.2 Products Benchmarking
- 11.3 Vesco, LLC
- 11.3.1 Business Overview
- 11.3.2 Products Benchmarking
- 11.4 G&W Electric
- 11.4.1 Business Overview
- 11.4.2 Products Benchmarking
- 11.5 Hubbell Incorporated
- 11.5.1 Business Overview
- 11.5.2 Financial Snapshot
- 11.5.3 Products Benchmarking
- 11.6 ABB
- 11.6.1 Business Overview
- 11.6.2 Financial Snapshot
- 11.6.2.1 Net Sales by Segment
- 11.6.2.2 Net Sales by Region
- 11.6.3 Products Benchmarking
- 11.6.4 Recent Developments
- 11.7 Siemens
- 11.7.1 Business Overview
- 11.7.2 Financial Snapshot
- 11.7.2.1 Net Sales by Segment
- 11.7.2.2 Net Sales by Region
- 11.7.3 Products Benchmarking
- 11.8 Schnieder Electric
- 11.8.1 Business Overview
- 11.8.2 Financial Snapshot
- 11.8.2.1 Net Sales by Segment
- 11.8.2.2 Net Sales by Region
- 11.8.3 Products Benchmarking
- 11.9 Bharat Heavy Electricals Limited
- 11.9.1 Business Overview
- 11.9.2 Financial Snapshot
- 11.9.3 Products Benchmarking
- 11.10 Hughes Power System
- 11.10.1 Business Overview
- 11.10.2 Products Benchmarking
- 11.11 Bevins Co
- 11.11.1 Business Overview
- 11.11.2 Products Benchmarking
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
