According to a new year report released by Custom Market Insights, the demand value of the global semiconductor wet chemicals market size and share was approximately USD 3,151.2 million in 2023, and it is expected to reach USD 3,409.6 million in 2024 and is expected to reach a value of about USD 6,930.2 million by 2033, at a compound annual growth rate (CAGR) of approximately 8.2% during the forecast period from 2024 to 2033.
Semiconductor wet chemicals are key chemicals used in the semiconductor manufacturing process, and they play a vital role in ensuring the quality and performance of semiconductor chips.
Semiconductor wet chemicals refer to the chemicals used in semiconductor manufacturing, which are mainly used for cleaning, corrosion, development and other steps to remove impurities and contaminants on the surface of semiconductor chips and ensure the good quality of chips. They can be divided into general-purpose wet electricity.
figure: The global semiconductor wet chemicals market size is increase
1. Market and application
Market size: According to data released by market research firms, the global semiconductor wet electronic chemicals market size was about $18 billion in 2019 and is expected to reach $25 billion in 2024. The expansion in the market size reflects the continued growth of the semiconductor manufacturing industry and the increasing demand for wet chemicals.
Applications: Semiconductor wet chemicals are mainly used in the cleaning and corrosion steps of integrated circuit manufacturing process, and their purity and cleanliness affect the performance and reliability of integrated circuits. In addition, they are widely used in flat panel displays, solar energy, and LEDs.
2. Domestic status quo and challenges
Status: At present, the rapid expansion of the domestic wet electronic chemicals industry market is mainly due to the rapid development of the integrated circuit industry and the rapid development of flat panel display and photovoltaic industry. However, the layout of domestic enterprises is mainly concentrated in the low-end market, resulting in wet electronic chemicals mainly concentrated in the solar photovoltaic industry, and has basically achieved localization. In the semiconductor industry and display panel industry, the localization rate of high-end fields is low.
Challenges: In the face of the competitive pressure and technical challenges of large international companies, the domestic wet electronic chemicals industry needs to continuously improve its technical level, improve product quality and purity, and expand its application fields in the high-end market.
3. the development trend
Technological innovation: Continued advances in semiconductor technology, including the development of smaller feature sizes, more complex structures, and higher device densities, require precise cleaning, etching, and surface treatment processes using specialized wet chemicals. With the continuous upgrading and refinement of the semiconductor chip manufacturing process, wet electronic chemicals also need to be continuously upgraded to meet market demand. In the future, technological innovation will be an important driving force to promote the development of the semiconductor wet chemicals industry.
Market demand growth: With the rapid development and application of new generation information technologies such as 5G, Internet of Things, and artificial intelligence, the market demand for semiconductor chips will continue to grow, bringing more opportunities to the wet electronic chemicals market.
Environmental protection and sustainable development: With the continuous improvement of environmental awareness and the popularization of sustainable development concepts, the semiconductor wet chemicals industry will pay more attention to environmental protection and sustainable development issues. In the future, green, environmental protection and low carbon will become an important direction for the development of the semiconductor wet chemicals industry.
