NEW YORK, Dec. 17, 2015 /PRNewswire/ -- This BCC Research report provides a detailed analysis of recent trends in the chemicals and other materials that go into products manufactured in the global electronics industry. Includes forecast through 2020.
Use this report to:
Estimate global supply l and demand scenarios broken out by application and global region.
Gain information about the entire range of chemicals and materials that are used in the fabrication of integrated circuits and PCBs.
Assess technological developments in electronic chemicals and determine their current and future impact on the overall market.
Gain information about the major applications in which electronic chemicals and materials are used (e.g., semiconductor, liquid crystal display fabrication).
The global electronic chemicals and materials market totaled nearly $22.0 billion in 2014.
The market is projected to grow at a compound annual growth rate (CAGR) of 5.9% from $22.9 billion in 2015 to $30.5 billion by 2020.
The wafers product market is expected to increase from $7.9 billion in 2015 to $10.0 billion by 2020, a CAGR of 4.8%.
Polymers including conductive polymers are expected to increase from $4.7 billion in 2015 to $6.3 billion in 2020, a CAGR of 6.0% from 2015 to 2020.
Electronic chemicals and materials are solid, liquid and gaseous substances used in the fabrication of semiconductors and printed circuit boards (PCBs). Global demand for electronic chemicals and materials (excluding nanomaterials), particularly in developed countries, is projected to increase at a compound annual growth rate of 5.9% from 2015 to 2020.
The increase in demand for electronic chemicals and materials is related to overall growth in the production of electronic devices, as well as technological innovation that will create opportunities for new materials. New materials such as low-k dielectrics and advanced photoresists will see growth rates well above average, and opportunities will also emerge in existing technologies as chemical compositions are improved to attain better compatibility and lower costs.
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