The Worldwide Electronic Chemicals and Materials Industry is Expected to Grow at a CAGR of 6.8% Between 2020 to 2025
The electronic chemicals and materials market size is projected to grow from USD 58.8 billion in 2020 to USD 81.7 billion by 2025, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.
- The electronic chemicals and materials market size is projected to grow from USD 58.8 billion in 2020 to USD 81.7 billion by 2025, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.
- The market is driven by the growth of the microelectronics industry, characterized by the emergence of new technologies.
- These semiconductor devices require proper maintenance for their functionality; hence, certain electronic chemicals and materials are used to clean, etching, polishing, doping, and servicing semiconductors.
- APAC is estimated to be the fastest-growing electronic chemicals and materials market during the forecast period.