The global electronic-grade sulfuric acid market size is estimated at USD 300 million in 2019 and is projected to reach USD 415 million by 2024, at a CAGR of 6.7% between 2019 and 2024. The growth of the electronic-grade sulfuric acid market is fueled by the increasing technological advancements and demand for electronic devices globally. PCB is an electronic circuit used in electronic devices to provide mechanical support. PCB panels find application in almost all electronic devices, including computers, TVs, smartphones, washing machines, coffee makers, and others. The demand for electronic grade sulfuric acid in PCB panel application is majorly driven by its increasing use in automotive, healthcare, industrial electronics, consumer electronics, maritime transport, aerospace & defense, and other industries.
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The key players in the electronic grade sulfuric acid market are BASF SE (Germany), INEOS Group Holdings S.A. (UK), Chemtrade Logistics (Canada), KMG Chemicals (US), Kanto Chemical Co., Inc. (Japan), Trident Group (India), The Linde Group (Ireland), PVS Chemicals (US), Reagent Chemicals (UK), and Moses Lake Industries (US). The report analyzes the key growth strategies adopted by these leading market players, between 2014 and 2019, which include expansion and merger & acquisition.
BASF SE (Germany) is one of the major players of the electronic grade sulfuric acid market. The company operates as a major player in the chemical industry. It functions through six business segments, namely functional materials & solutions, chemicals, performance products, agricultural solutions, and other. The company provides sulfuric acid for electronic applications by the brand name, SELECTIPUR, which is a part of the company’s electronic material product line offered under the dispersions & pigments division of the performance products business segment.
INEOS Group Holdings S.A. (UK) is one of the leading players in the market. The company is one of the prominent chemical industry players globally, along with an expertise in manufacturing petrochemicals, specialty chemicals, and oil products. It operates through three business segments - O&P North America, O&P Europe, and Chemical Intermediates. The company offers electronic grade sulfuric acid through the INEOS Sulphur Chemicals product line, which forms a part of the INEOS Enterprises business division of the Chemical Intermediates business segment of the company. It comprises 34 businesses with a production network spanning across 183 manufacturing facilities in 26 countries.
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The research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/65615/global-electronic-grade-sulfuric-acid-2021-441Segment by Type, the Electronic Grade Sulfuric Acid market is segmented into:Pressure SensorTemperature SensorMotion SensorImage SensorProximity SensorFingerprint SensorOthersSegment by Application:EntertainmentCommunication & ITHome AppliancesWearable DevicesGlobal Electronic Grade Sulfuric Acid Market: Regional AnalysisThe Electronic Grade Sulfuric Acid market is analysed and market size information is provided by regions (countries).
The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Electronic Grade Sulfuric Acid market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGlobal Electronic Grade Sulfuric Acid Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.
The new Electronic Grade Hydrofluoric Acid Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Electronic Grade Hydrofluoric Acid Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/electronic-grade-hydrofluoric-acid-market/download-sampleMarket DynamicsThe global electronic grade hydrofluoric acid market looks quite promising during the forecast period.
In addition, factors such as increasing demand for semiconductors in the automotive industry for manufacturing of autonomous cars and easy availability of raw materials and cheap labor in East Asia will also contribute to its market growth.
However, lack of quality standards resulting in a large amount of impurities and the fact that it is considered fetal for health may restrict the growth of electronic grade hydrofluoric acid market.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
