Posted in | News | Semiconductor | Chemistry

Global Market Value of Semiconductor Wet Chemicals to Grow 6% in 2011

Techcet Group has released a new market research report on semiconductor wet chemicals such as solvents, bases and acids. The report is titled ‘Wet Chemicals for Semiconductor Device Processing 2011, A Techcet Group Critical Materials Report’.

According to the report, the semiconductor wet chemicals market value in 2010 reached $850 million, an increase of 13% from 2009 value. The report predicts a 6% growth for the market in 2011 and a market value of $1.08 billion in 2015. The semiconductor wet chemicals market can attain the 2008 record value of $968 million only in 2013.

In Japan, the production of hydrogen peroxide by Mitsubishi was affected by the March 2011 tsunami and earthquake. The company expects full capacity production in June 2011. The production cost of polyethylene containers and solvents has increased due to mounting petroleum prices, while pressure continues on phosphoric and hydrofluoric acid producers due to restrictions on China on exporting phosphor and fluorspar minerals.

As per the report, Kanto and BASF are the major leaders in the semiconductor wet chemicals market, but the region wise market leadership varies vastly. Kanto is the market leader only in Japan, while BASF is dominating only the Chinese and European markets. Subsequent to the purchase of General Chemical by KMG in the first quarter of 2010, KMG’s market share in the US market is expected to surpass 50%.

As semiconductor production is continuously migrated to Asia, Taiwan and Japan are consuming more amounts of electronic wet chemicals than the US. The consumption of electronic wet chemicals by the US is 14%.

The report offers import logistical issues, technical trends, EH&S activities and market analysis as well as analysis on 16 majors chemical producers.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Chai, Cameron. (2019, February 09). Global Market Value of Semiconductor Wet Chemicals to Grow 6% in 2011. AZoM. Retrieved on September 21, 2024 from https://www.azom.com/news.aspx?newsID=29750.

  • MLA

    Chai, Cameron. "Global Market Value of Semiconductor Wet Chemicals to Grow 6% in 2011". AZoM. 21 September 2024. <https://www.azom.com/news.aspx?newsID=29750>.

  • Chicago

    Chai, Cameron. "Global Market Value of Semiconductor Wet Chemicals to Grow 6% in 2011". AZoM. https://www.azom.com/news.aspx?newsID=29750. (accessed September 21, 2024).

  • Harvard

    Chai, Cameron. 2019. Global Market Value of Semiconductor Wet Chemicals to Grow 6% in 2011. AZoM, viewed 21 September 2024, https://www.azom.com/news.aspx?newsID=29750.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.