The highly complex, technology-intensive and diverse global electronics market,
valued at several billions of dollars, is expected to post a strong average
annual growth rate in the short-term. Growth will be influenced by important
trends in the market, which will boost demand for wafers, IC devices, software
and components, PCBs, materials, equipment, services and semiconductor packaging.
New developments in the sector would be propelled by newer geographical markets
as well as technological advancements such as wireless communications, man-machine
interface, pervasive computing and video digitization that would create new
markets while simultaneously regenerating older ones. Advancements would in
turn be facilitated by the availability of SoC (systems-on-chip) technology,
digital signal processors and more adaptable microprocessors. Other major emerging
technologies include CMP slurries with higher selectivity; dual damascene processes;
extensive acceptance of 300mm wafers; and precursor materials for barrier layers
and low-k dielectrics. Copper and tantalum targets for seed and barrier layers;
cleaning and etching gases with higher selectivity; deep UV 193mm and 248mm
lithography and cleaning and etching chemicals with higher selectivity are some
of the other emerging technologies.
Asia Pacific leads the world electronic chemicals market with a CAGR of over
14%, as stated by Global Industry Analysts, Inc. Technological advancements,
stable end-use demand and ever-increasing Asian consumption is projected to
propel the world market value to US$31.8 billion in 2012. A slower growth rate
is forecast for major regions including Europe, United States and Japan. The
growth rates reveal a continuing cycle in the semiconductor segment despite
the absence of economic cycles. The semiconductor business cycle is likely to
be stable in end-market demand compared to the PC-driven cycle during the mid-1990s
and the telecom and dot-com cycle between in early 2000s.The market for packaging
and substrates is forecast to reach a value of US$8.5 billion by 2015. Photoresists
& adjuncts is projected to be valued at US$6.5 billion in 2011 while semiconducting
materials is expected to record robust growth through 2012.
Key market participants include Air Products and Chemicals, BASF SE, Gentek,
Kanto Chemical Co., Rohm and Haas Electronics and Electronic Devices, OM Group,
Silecs, Shin-Etsu Chemical Co., Sumitomo Chemical, and Tokyo Ohka Kogyo Co.
The report titled "Electronic Chemicals: A Global Strategic Business Report"
published by Global Industry Analysts, Inc., provides a comprehensive review
of market trends, product overview, product introductions/innovations, and recent
industry activity. The report provides market data and analytics in value sales
for regions such as United States, Canada, Japan, Europe, Asia-Pacific, and
Rest of World. The study also analyzes the Electronic Chemicals market by the
following product segments - Packaging & Substrates; Photoresists &
Adjuncts; Electronic Gases, Semiconducting Materials; and other electronic chemicals.
For more details about this research report, please visit http://www.strategyr.com/Electronic_Chemicals_Market_Report.asp