Growth of the electronics manufacturing industry boosting the market

Published: Nov 2023

The global Semiconductor Chemicals market is anticipated to grow at a CAGR of 11.8% during the forecast period (2023-2030). The electronics manufacturing industry is growing rapidly, driven by the demand for consumer electronics products, such as smartphones, laptops, and televisions. The growth of the electronics manufacturing industry is driving the demand for semiconductor chemicals. For example, smartphones now have multiple cameras, high-resolution displays, and powerful processors. This requires semiconductor devices that are more powerful and efficient than ever before. In 2022, global shipments of smartphones, laptops, and televisions are expected to reach 1.4 billion units, 205 million units, and 207 million units, respectively. This growth is being driven by the rising middle class in emerging markets and the increasing adoption of new technologies, such as 5G and artificial intelligence.

Browse the full report description of “Semiconductor Chemicals Market Size, Share & Trends Analysis Report by Type (Cleaning chemicals, Deposition chemicals, Etching chemicals, Photoresist chemicals, and Others (Doping chemicals, CMP slurries, and Conductive Polymers)), and by Application (Photoresist, Etching, Deposition, Cleaning, Doping, and Others (Chemical Mechanical Planarization (CMP) and Packaging)), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/semiconductor-chemicals-market

In 2022, Samsung announced plans to invest $350 billion in its semiconductor business over the next five years. This investment will be used to build new semiconductor manufacturing facilities and develop new semiconductor technologies. The expansion of Samsung's semiconductor manufacturing capacity will drive the demand for semiconductor chemicals. TSMC's revenue increased 35% year-over-year to $18.1 billion. This growth was driven by strong demand from semiconductor buyers, such as smartphone manufacturers and data center operators. TSMC's revenue growth is a sign of the strong demand for semiconductor chips and the growth of the electronics manufacturing industry.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape includes BASF SE, The Dow Chemical Co., DuPont de Nemours, Inc., Entegris, Lam Research Corp., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Semiconductor Chemicals Market Report Segment

By Type

  • Cleaning chemicals
  • Deposition chemicals
  • Etching chemicals
  • Photoresist chemicals
  • Others (Doping chemicals, CMP slurries, and Conductive Polymers)

By Application

  • Photoresist
  • Etching
  • Deposition
  • Cleaning
  • Doping
  • Others (Chemical Mechanical Planarization (CMP) and Packaging)

Global Semiconductor Chemicals Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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