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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.

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