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The Importance Of Electronic Grade Sulfuric Acid In The Semiconductor Industry| Marketsandmarkets™
Electronic Grade Sulfuric Acid (EGSA), sometimes known as Ultra-Pure Sulfuric Acid (UPSA), is a high-purity sulfuric acid used in the manufacturing of microelectronics such as integrated circuits, microprocessors, and other electronic components. The purity of Electronic Grade Sulfuric Acid is 99.9999% and it contains only tiny levels of contaminants such as heavy metals, halogens, and organic compounds.
Electronic Grade Sulfuric Acid is utilized in a variety of microelectronics manufacturing processes, including wafer cleaning, etching, and polishing. It's also used to make photovoltaic cells, flat-panel displays, and other electronics. The high purity level of Electronic Grade Sulfuric Acid assures that it does not introduce contaminants into the production process, which can have a negative impact on the end product's performance and reliability.
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The global electronic grade sulfuric acid market size is expected to reach USD 415 million by 2024, at a CAGR of 6.7% over the forecast ...
... period, according to the report. "Electronic Grade Sulfuric Acid Market by Grade (PPT, PPB), Application (Semiconductors, PCB Panels, Pharmaceutical), and Region (North America, Europe, APAC, Middle East & Africa, South America). During the projected period, the market is anticipated to grow due to rising electronic device production and consumption in the developing economies of the APAC region as well as a shift in major electronics manufacturers' attention to the area.
The electronic grade sulfuric acid market is dominated by PPT grade.
PPT dominated the market for electronic-grade sulfuric acid. Because of its improved purity and performance in a wide range of applications, PPT (or Membrane) grade sulfuric acid is becoming increasingly popular in the electronics industry. PPT sulfuric acid is normally more expensive than ordinary sulfuric acid, but its superior performance and purity make it worthwhile to pay the extra money. As more organizations seek to meet the ever-increasing need for high-purity products, it is projected that PPT grade sulfuric acid will continue to dominate the electrical grade sulfuric acid market.
the electronic grade sulfuric acid segment is anticipated to experience the quickest growth.
During the forecast period, the PCB panels segment is expected to be the fastest-growing application of electronic-grade sulfuric acid. The increased demand for PCB panels from the consumer electronics and automotive industries can be contributed to the segment's rise. The expanding need for smartphones, tablets, and other consumer electronics, as well as the growing desire for electric vehicles, has resulted in a surge in demand for PCB panels, which has boosted demand for electronic-grade sulfuric acid.
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The largest electronic grade sulfuric acid market is anticipated to be in APAC during the forecast period.
During the forecast period, Asia Pacific is expected to be the largest electronic-grade sulfuric acid market. The APAC market is likely to be driven by rising demand from industrial applications such as battery manufacturing, metal finishing, and fertilizers. The existence of many large-scale manufacturing industries in the region, such as China, India, Japan, and South Korea, is likely to fuel the expansion of the region's electronic-grade sulfuric acid market. Furthermore, rising demand from the region's automotive industry is expected to boost the market over the forecast period.
The leading companies in the electronic grade sulfuric acid market are BASF SE (Germany), INEOS Group Holdings S.A. (UK), Chemtrade Logistics (Canada), KMG Chemicals (US), Kanto Chemical Co., Inc. (Japan), Trident Group (India), The Linde Group (Ireland), PVS Chemicals (US), Reagent Chemicals (UK), Moses Lake Industries (US) and others.
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