Electronic Materials and Chemicals Market 2030 Comprehensive Outlook
**Global Electronic Materials and Chemicals Market Outlook (2024-2030)**
The global electronic materials and chemicals market was valued at USD 73.94 billion in 2024 and is projected to reach USD 106.11 billion by 2030. This represents a compound annual growth rate (CAGR) of 6.2% from 2025 to 2030. Market growth is primarily driven by the increasing utilization of these materials in the manufacturing of semiconductors, flat panel displays, and photolithographic printing components.
Declining equipment costs, along with improving living standards across various regions, are expected to bolster the consumer electronics industry. This, in turn, will positively influence market expansion. Furthermore, the rising demand for semiconductors used in mobile devices, integrated circuits, and electronic chips is projected to accelerate growth even further.
Electronic materials and chemicals are vital in semiconductor production. As the need for semiconductor chips rises, so too does the demand for high-purity materials and chemicals. The global market is directly impacted by the expanding demand for consumer electronics.
Emerging economies such as China, Japan, Taiwan, and India are anticipated to drive this growth. Factors such as increasing disposable income and a growing population fuel the demand for electronic products. The surging application of these materials in manufacturing both consumer and industrial electronic devices continues to be a significant growth driver.
### Challenges: Health and Environmental Concerns
Despite promising growth, health and environmental concerns related to the production and use of electronic materials pose challenges to the market. Electronic equipment often contains hazardous halogenated compounds, heavy metals, and radioactive materials.
Regulatory bodies such as the U.S. Environmental Protection Agency (EPA), German Federal Ministry for the Environment, National Institute of Environmental Health Sciences, and the World Health Organization (WHO) have implemented measures to manage global electronic waste and restrict harmful chemicals. These regulations are expected to influence market dynamics over the coming years.
### Key Market Trends & Insights
– **Regional Dominance:** Asia Pacific dominated the global market in 2024, accounting for the largest revenue share of 69.1%.
– **End-Use Segment:** The semiconductors and integrated circuits segment led with a 68.7% revenue share in 2024.
– **Product Type:** The solid segment held the largest share at 54.1% in 2024.
– **Application:** Silicon wafers dominated with a 43.5% market share in 2024.
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### Market Size & Forecast
| Metric | Value |
|—————————–|———————|
| Market Size (2024) | USD 73.94 Billion |
| Projected Market Size (2030) | USD 106.11 Billion |
| CAGR (2025-2030) | 6.2% |
**Region Highlight:** Asia Pacific remains the largest market as of 2024, owing to increased manufacturing activities and consumer electronics demand.
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### Competitive Landscape
Key players in the electronic materials and chemicals market include:
– Sumika Electronic Materials (subsidiary of Sumitomo Chemical)
– Drex-Chem Technologies
– EMD Performance Materials Corp.
– EKC Technology
– Fujifilm Electronic Materials
– Bayer AG
– Albemarle Corporation
– Ashland
– BASF SE
– Air Liquide Electronics
– Merck KGaA
– Honeywell International Inc.
– Cabot Corporation
– Linde PLC
**Company Highlights:**
– **Sumika Electronic Materials:** Offers a wide range of products, including polarizing and OLED optical films, photoresists, wet chemicals for semiconductor lithography, lithium battery membranes, and high-purity alumina (HPA).
– **FUJIFILM Electronic Materials:** Provides photoresist products, CMP slurries, thin film-forming materials, and cleaning agents. Recently acquired the electronic chemicals business from Entegris, rebranding it as FUJIFILM Electronic Materials Process Chemicals.
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### Recent Developments
– **August 2024:** JSR Corporation acquired all shares of Yamanaka Hutech Corporation (YHC), making it a wholly owned subsidiary. This acquisition strengthens JSR’s semiconductor materials portfolio, especially in film-forming technologies, supporting its strategy to enhance customer value and supply chain efficiency.
– **May 2024:** Air Liquide inaugurated a new diborane production facility at its Advanced Materials Center in Sejong, South Korea. The plant employs advanced analytical and digital technologies to produce high-quality diborane for semiconductor manufacturing, reinforcing Air Liquide’s commitment to advancing Korea’s semiconductor ecosystem.
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### Conclusion
The electronic materials and chemicals market is poised for sustained growth, driven by rising semiconductor production, technological innovation, and expanding consumer electronics demand. Although environmental challenges persist, continuous advancements and regulatory support are expected to foster a balanced and resilient market outlook through 2030.
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https://express-press-release.net/news/2025/11/12/1719695