Electronic Chemicals and Materials

Technology Advancement in Electronic Chemicals and Materials

Business Research Technology World

A semiconductor is a solid chemical compound or element which can conduct electricity under certain conditions depending upon the dopants added during the manufacturing process. The semiconductor industry is affected by the technological advancements in the electronics industry.

Apart from the growing demand for circuit boards and memory chips, upcoming technologies such as artificial intelligence (AI) are expected to drive the market in the semiconductor industry. Semiconductor devices require proper maintenance for their functionality; hence, certain electronic chemicals and materials are used for cleaning, etching, polishing, doping, and servicing of semiconductors.

Silicon wafers are the largest type of electronic chemicals and materials. These 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 serves as a substrate for microelectronics devices.

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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 wafer market is expected to grow with the growth of the integrated circuits and solar markets during the forecast period.

The electronic chemicals and materials market has been segmented into the following segments, namely, North America, Europe, APAC, and Rest of the World (RoW). APAC accounted for a share of 75%, in terms of value, of the electronic chemicals and materials market, in 2018.

The region has emerged as the largest consumer due to an increasing proportion of Chinese semiconductor products and the strong memory chip market in China. According to Shenzhen Sekorm Advanced, the integrated circuit (IC) industry in China grew by 24.8in 2018.

Electronic Chemicals and Materials
Electronic Chemicals and Materials

The rapid growth of the electronics industry worldwide in the past two decades has driven the demand for printed circuit boards in APAC. The growth of the printed circuit board industry is related with the developments in telecommunications and IT, smart cards, electronic gaming, and consumer goods (digital cameras, mobile phones, and personal computer electronics) applications.

The leading players in the electronic chemicals and materials market are Linde plc (Ireland), Air Products and Chemicals (US), DowDuPont (US), Cabot Microelectronics (US), BASF AG (Germany), Hitachi Chemical (Japan), Air Liquide (France), Solvay A.G. (Belgium), Shin-Etsu (Japan), Covestro (France) and Songwon (South Korea).

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