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Electronic Chemicals And Materials Market size was valued at USD 53.98 billion in 2021 and is poised to grow from USD 57.88 billion in 2022 to USD 101.31 billion by 2030, growing at a CAGR of 7.24% in the forecast period (2023-2030).

Electronic Chemicals And Materials Market Top Players Company Profiles  'Linde plc (Ireland)', 'Air Products and Chemicals, Inc.', 'BASF SE', 'Cabot Microelectronics Corporation', 'Dow Chemical Company', 'Fujifilm Corporation', 'Honeywell International Inc.', 'Huntsman Corporation', 'Kanto Chemical Co., Inc.', 'Merck KGaA', 'Mitsubishi Chemical Corporation', 'Momentive Performance Materials Inc.', 'Nitto Denko Corporation', 'Samsung SDI Co., Ltd.', 'Shin-Etsu Chemical Co., Ltd.', 'Solvay SA', 'Sumitomo Chemical Co., Ltd.', 'Tosoh Corporation', 'Wacker Chemie AG', 'Zeon Corporation.'

The improved IT infrastructure, upcoming technologies like AI and IoT, the increase in PCB usage in the telecommunications sector, and the rise in demand for quick diagnostic systems due to the COVID-19 pandemic outbreak will all provide additional growth opportunities for the electronic chemicals and materials market.

IoT (Internet of Things) and AI (Artificial Intelligence), two emerging technologies, have given rise to a brand-new product category called intelligent home appliances. The Wall Street Journal reports that IoT is anticipated to grow at an explosive rate, especially in the industrial sector, where a surge of more than 60% is anticipated.

China, Japan, and India are the three biggest nations with the most profitable growth prospects. Asia-Pacific is predicted to be the fastest-growing Electronic Chemicals And Materials Market for electronic chemicals and materials over the projection period. The electronics sector has expanded significantly over the past 20 years on a global scale, creating a massive need for printed circuit boards. The greatest region for PCB production is Asia-Pacific. The expansion of the PCB industry, which in turn is propelling the market for electronic chemicals and materials in the region, is a result of developments in a number of industries, including telecommunications and IT, smart cards, electronic gaming, and consumer products.

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Global Electronic Chemicals And Materials Market

Product ID: SQMIG15E2339