Meerut Reporter

Technological advancements in the electronics industry driving Electronic Chemicals and Materials Market

 Breaking News
  • No posts were found

Technological advancements in the electronics industry driving Electronic Chemicals and Materials Market

January 18
18:10 2021
Technological advancements in the electronics industry driving Electronic Chemicals and Materials Market

Browse 105 market data Tables and 44 Figures spread through 148 Pages and in-depth TOC on “Electronic Chemicals and Materials Market”
Electronic Chemicals and Materials Market by Type (specialty gas, CMP slurries, conductive polymers, photoresist, low K dielectrics, wet chemicals, silicon wafers, PCB laminates), Application (semiconductors, others) and Region

The electronic chemicals and materials market size is estimated at USD 58.8 billion in 2020 and is projected to reach USD 81.7 billion by 2025, at a CAGR of 6.8% during the forecast period. Increasing demand from the microelectronics and chip manufacturing industries globally is expected to drive the market.

The huge acceptance of nanotechnology has contributed to the market shift toward MEMS & NEMS devices. The smaller size, lighter weight, lower power consumption, and cheaper fabrication costs associated with nano-devices have made them acceptable globally. The recent commercialization of nano-based devices has boosted the market potential for photoresist and photoresist ancillaries with various technological advancements. For instance, Intel is moving rapidly toward adopting new technology based on 20nm from 28nm, thus boosting the demand for nanomaterials and, in turn, electronic chemicals and materials in the semiconductor industry.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107930161

Silicon wafers segment is estimated to be the largest type of electronic chemicals and materials

Silicon wafers are a thin slice of semiconductor, which is made out of crystalline silicon and is a key component in the fabrication of integrated circuits and serve as a substrate for the microelectronics devices. The primary use of silicon wafer is in integrated circuits, which are the basic building block of any electronic devices, such as computers and smartphones. Other applications include tire pressure systems and solar cells. The silicon wafers market is expected to grow in tandem with the growth of the integrated circuits and solar markets during the forecast period.

 

Semiconductor application segment of the electronic chemicals and materials market is expected to register the highest CAGR

Any semiconductor device contains integrated circuits (ICs) and printed board circuit (PCB). ICs are an assembly of electronic components that are fabricated as a single unit, which includes actives devices and passive devices, such as transistors and capacitors along with their interconnections, which are built on a thin substrate of silicon material. The final circuit formed is termed as chip. A printed circuit board is a circuit where all the components are contained within a mechanical structure. It is built by alternating layer of conductive polymer along with layers of non-conductive insulation material.

APAC is the largest semiconductors market due to an increasing proportion of Chinese semiconductor products it’s the memory chip market in China, which generated most of the revenue of the semiconductor industry in the region.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=107930161

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/electronic-chemicals-market-107930161.html