How Big Is the Electronic Materials And Chemicals Market?
According to 6Wresearch internal database and industry insights, the
Global electronic materials and chemicals market was valued at USD 73.5 billion in 2024 and is projected to surpass USD 126.6 billion by 2031, growing at a CAGR of 8.1% during the forecast period.
This growth is driven by the rapid expansion of the semiconductor industry, increasing demand for printed circuit boards (PCBs), advancements in display technologies, and the surging adoption of 5G and IoT-enabled electronic devices globally.
Growth Factors of the Electronic Materials and Chemicals Market
- Rising semiconductor chip production due to AI, 5G, and EV demand.
- Increased use of high-performance chemicals in PCB fabrication and wafer processing.
- Growing demand for advanced display materials for OLEDs, LEDs, and flexible screens.
- Expansion of consumer electronics and telecommunication infrastructure worldwide.
- High investment in cleanroom chemical supplies and ultra-pure materials.
- Strategic government support for electronics manufacturing and localization.
Electronic Materials and Chemicals Market Trends
Electronic Materials and Chemicals Market is witnessing a significant transformation, with key trends including the rise in use of advanced dielectric materials, environmentally friendly etchants, and wafer-level packaging solutions.
Innovations in nanomaterials and compound semiconductors like GaN and SiC are reshaping material specifications for next-gen electronics. Additionally, demand is surging for CMP (Chemical Mechanical Planarization) slurries, high-purity photoresists, and specialty gases tailored for complex chip architectures and miniaturized components.
Emerging Developments in Electronic Materials and Chemicals Market
Emerging developments in the Electronic Materials And Chemicals Market include strategic collaborations between material providers and chip manufacturers to ensure localized supply chains, increasing emphasis on chemical recycling in fabs, and breakthrough innovations in EUV lithography materials.
Major players are focusing on bio-based solvents and low-global-warming-potential etchants to meet green manufacturing standards. Furthermore, increasing R&D into hybrid organic-inorganic materials for flexible electronics is opening up new frontiers.
Leading Companies in the Electronic Materials and Chemicals Industry
- Dow Inc.
- BASF SE
- DuPont de Nemours, Inc.
- JSR Corporation
- Merck KGaA
- Air Liquide S.A.
- Entegris, Inc.
How big is the Electronic Materials and Chemicals Market : FAQ's
The is growth is due to rising demand for semiconductors and high-performance circuit boards across several industries.
Asia-Pacific dominates due to a strong presence of semiconductor fabs, particularly in Taiwan, South Korea, Japan, and China.
Key trends include adoption of eco-friendly chemicals, rise in demand for EUV lithography materials, and growth in 3D packaging and chiplet technologies.
Electronic Materials And Chemicals Market is expected to exceed USD 126.6 billion by 2031.
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