The Electronic Grade Solvents Market Size was valued at USD 2.48 billion in 2024 and is expected to reach USD 4.25 billion by 2032 and grow at a CAGR of 6.99% over the forecast period 2025-2032.
The Global electronic grade solvents market is propelled by increasing complexity in semiconductor fabrication and the ensuing demand for high-purity chemicals for advanced electronics. In addition, the report also incorporates various drivers, restraint, opportunity, and present challenge affecting the market along with segmental analysis covering type, application, chemical composition, and end-user analysis by region providing country wise data on performance trends across regions, expanding footprint, and technological evolution trend across select major economies across the globe.
Over 65% of next-gen fabs transitioning to EUV lithography demand specialized photoresist solvents with tighter purity specs.
The U.S. Electronic Grade Solvents Market size was USD 0.48 billion in 2024 and is expected to reach USD 0.77 billion by 2032, growing at a CAGR of 6.26% over the forecast period of 2025–2032.
The U.S. market is witnessing a stable growth due to significant investments towards domestic semiconductor fabrication and strong government-backed initiatives such as CHIPS Act. The growing requirement for high-purity solvents in photolithography and other etching processes is driven by the rising demand for next-generation electronics, electric vehicles, and communication technologies. Growing demand for the country is adapted due to these trends which are enabling to further place as a key player in the global electronic grade solvents market thus sustaining the demand till 2032.
Over 70% of U.S. chip manufacturing is now focused on nodes smaller than 10nm, requiring ultra-pure solvent materials.
Key Drivers:
The growing demand for Consumer Electronics and Electric Vehicles (EVs) creates demand for high-performance solvent solutions.
Advanced integrated circuits and sensors, used in consumer electronics and electric vehicles, require more stringent environments for manufacture. Such devices need solvent systems that provide residue-free surfaces and accurate pattern transfer. Consumer devices, whilst they are smaller and expected to do more are experiencing increasing reliance on electronic grade solvents and that is the same as EVs which will need high performance electronics to do the heavy lifting for battery and power systems. The increased focus on quality of manufactured products has also resulted in increased solvent consumption as 5G infrastructure and IoT devices continue to grow across the world, and the reflow soldering of 5G boards necessitates higher quality/performance benchmarks than ever before.
Over 30 billion IoT devices are projected to be connected globally by 2030, increasing demand for miniaturized, high-reliability circuits cleaned with pure solvents.
A single particle or solvent impurity during lithography can reduce wafer yield by up to 30%, costing $200K+ per batch.
Restraints:
Cost of Ultrapure Solvents on the Higher Side Leading to Unaffordability for Small and Medium Enterprises
Electronic grade solvents entail high levels of purification, filtration, and packaging processes to sustain contamination below ppb levels. Contrary to industrial-grade solvents, however, the final products are much more expensive, owing to the need for expensive equipment, a high energy input, and extensive monitoring systems for these techniques. Due to this, SMEs (i.e. Small and Medium sized enterprises) in electronics manufacturing typically struggle to scale these materials into their processes. Due to price sensitivity in the mid-tier device production, highly purity solvents face difficulty in penetrating cost-sensitive regions or segments, which is restraining the growth of the overall market.
Opportunities:
Transition to EUV Lithography in the Advanced Nodes Requires Specialty Solvents
One of the reasons why extreme ultraviolet (EUV) lithography is ramping fast for next-gen chips is that it can print finer features. EUV, on the other hand, needs a totally different type of a chemical processing environment that uses ultra-clean functioning solvents that are not corrosive and non-reactive, and are free from trace contaminants. EUV-compatible proprietary formulations from solvent manufacturers will directly benefit as a result of this technological transition. Firms able to meet the new benchmarks for purity and material stability will be rewarded with stable, lucrative long-term contracts in small, mostly high-value market segments servicing leading semiconductor foundries and OEMs.
Over 80% of EUV fabs use automated solvent dispensing systems with closed-loop monitoring, emphasizing chemical stability and traceability.
Over 60% of leading-edge logic fabs (sub-5nm) have adopted EUV, pushing demand for compliant solvent systems.
Challenges:
Manufacturers are affected due to volatility in raw material prices disrupt cost efficiency and profit margins
Various petrochemical and specialty chemical feedstocks are used to manufacture electronic grade solvents. The cost of fertilizers, pesticides, diesel, and other essential inputs that farmers require are closely tied to the global oil prices. Raw Material costs can be volatile and unpredictable, often making it very difficult for manufacturers to keep pricing constant for clients. It has an impact on long-term deal discussion and profitability earnings, particularly in a competitive business climate where buyers have been urging prices down. This inability to absorb or pass on cost increases leaves the market subject to volatility-related corrections.
By Type of Solvent
Photoresist Solvents dominates the market, accounting for 31.5% of the total share in 2024, as these solvents are significant component in photolithography, which is used to ensure an accurate circuit pattern. Their ultra-high purity guarantees very little defects, especially at small nodes. Fujifilm supplies all the major components needed for advanced fabs around the world. In terms of sub-strategy, this segment is also projected to witness the highest CAGRs of 7.8% during the forecast period (2024 - 2032), as a result of increasing adoption of EUV lithography and therefore, growing demand for high-resolution solvents used in next-generation semiconductor manufacturing processes.
By Application
Cleaning applications dominated the market share by 33.98% in 2024, due to the essentiality of eliminating particulates and residues from wafers during the semiconductor manufacturing process. Cleaning solvents promote the integrity of surfaces, eliminate defects, and assure layer-to-layer adhesion. BASF remains the market leader in the wafer-level space with an extensive portfolio of cleaning-grade solvents. As node scaling, it continues to be high.
Dissolution applications are anticipated to have the fastest CAGR of 8.63% over the forecast period, 2025 to 2032, owing to the significant role it plays in dissolving photoresists during the spin-coating process. Resist formulations are increasingly complex requiring high-purity solvents to ensure uniform coating in a high-resolution process. Tokyo Ohka Kogyo (TOK) has been focused on the manufacturing of solvents specifically designed for advanced lithographic materials, and leading the growth via product innovation for high-end resist processing with reduced features.
By Chemical Composition
Alcohol-Based Solvents held the biggest share of 32.7% in the market in 2024, as these solvents are used for cleaning, etching, and stripping applications. These components are very volatile and pure, making them perfect for different semiconductor processes where no residual material is left to it on critical surfaces. Honeywell offers a broad portfolio of high-purity alcohol-based solvents used across fabs from FE to BE applications. Because of their compatibility to different substrates this keeps a high demand over many device geometries and fabrication technologies.
Acetone-based Solvents segment is predicted to grow at a CAGR of 8.27% over the forecasted period 2024-2032 and will account for a significant share of the market due to its extensive use in fast-drying applications such as resist removal and wafer surface treatment process. Those fab environments which need high throughput and low cost of ownership along with excellent solvency of the materials. With fabs embarking on advanced bump and multilayer packaging processes, Merck KGaA, for one, is expanding its portfolio of semiconductor-grade acetone.
By End-User
Semiconductor Manufacturers dominated the market with a 35.2% share in 2024, as the wafer-level processes they carry out directly need to be conducted using solvents of consistently high purity. These companies perform large-scale lithography, etching, cleaning, and stripping. Samsung Electronics — one of the top-end users with heavy in-house chips production requiring a significant amount of high-quality solvents supply. They continue to scale up production using state-of-the-art fabrication and as such maintain a demand for solvent solutions at scale level.
The foundries segment is projected to exhibit the highest CAGR of 9.25% from 2025 to 2032, attributable to increased dependence of fabless companies on outsourced chip manufacturing. Advanced process nodes are used by these contract manufacturers, and high volumes of electronic grade solvents are in demand among these manufacturers. TSMC is the biggest actor in this area, with state of the art EUV fabs. Globally, the demand for additional solvent utilization in the foundry segment is driven by the increasing trend of custom chip design and outsourcing of custom chip production.
North America was the dominant regional market for Electronic Grade Solvents Market with a 26.5% revenue share on account of the rising semiconductor manufacturing in the region along with favorable government policies including initiatives undertaken during the U.S. CHIPS Act. An increased focus on domestic chip production, particularly with respect to advanced nodes, is ongoing to stimulate high-purity solvent demand across key fab processes and integrated manufacturing lines within the region.
The U.S. dominates the North American Electronic Grade Solvents Market due to its large-scale semiconductor fabrication facilities, strong government incentives like the CHIPS Act, and the presence of key players such as Intel and GlobalFoundries supporting high solvent consumption.
Asia Pacific anticipated the fastest growth of 7.49% from 2024 to 2032, attributed to large-scale semiconductor production in China, Taiwan, and South Korea. Major foundries are located in the region, where investments in semiconductor chemical supply chains are on the rise. The demand for chips in electronics and automotive sectors is causing massive industrial expansion to result in lucrative solvent consumption in the near future.
China leads the Asia Pacific market owing to massive investments in domestic semiconductor production, extensive fabrication capacity, and government-backed initiatives aimed at achieving chip self-sufficiency, significantly boosting demand for electronic grade solvents across foundries and assembly lines.
Europe accounts for a prominent share in the Electronic Grade Solvents Market, due to its robust semiconductor ecosystem in countries such as Germany, France, and the Netherlands. The region is reaping the benefits of automotive electronics, industrial automation, and medical devices. Apart from this, a number of collaborations such as collaborations between global chipmakers and increased R&D and cleanroom facilities keep the demand for solvents in several special fabrication processes going.
Germany dominates the European Electronic Grade Solvents Market due to its advanced semiconductor manufacturing base, strong automotive electronics sector, and significant investments in R\&D. Major players like Infineon and GlobalFoundries support high solvent demand through large-scale chip production facilities.
The Middle East and Africa market is led by the UAE owing to its expanding investments in various electronics and cleanroom products and solutions facilities; whereas Brazil is dominating the Latin America market due to its manufacturing base, and increasing demand for electronics particularly from automotive and consumer electronics segments.
Major Key Players in Electronics Grade Solvents Companies are BASF SE, Honeywell International Inc., Eastman Chemical Company, DuPont de Nemours, Inc., Merck KGaA, Mitsubishi Chemical Group Corporation, Fujifilm Corporation, LG Chem Ltd., Tokuyama Corporation, Avantor, Inc and others.
In January 2024, Mitsubishi Chemical increased its electronic-grade solvent production capacity in Japan to better supply high-demand solvents like IPA EL and high-purity methylpropanol.
In May 2024, Honeywell partnered with a leading semiconductor firm for high-purity solvent supply, reinforcing its market presence in electronic-grade IPA and ultra-pure acetone products.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 2.48 Billion |
| Market Size by 2032 | USD 4.25 Billion |
| CAGR | CAGR of 6.99% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type of Solvent (Photoresist Solvents, Cleaning Solvents, Etching Solvents, Stripping Solvents, Others) • By Application (Cleaning, Etching, Resist Stripping, Dissolution) • By (Chemical Composition, Aliphatic Hydrocarbons, Aromatic Hydrocarbons, Alcohol-based Solvents, Acetone-based Solvents) • By End-User (Semiconductor Manufacturers, Integrated Circuit (IC) Manufacturers, Electronics Manufacturing Services (EMS), Foundries) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia,Taiwan, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | BASF SE, Honeywell International Inc., Eastman Chemical Company, DuPont de Nemours, Inc., Merck KGaA, Mitsubishi Chemical Group Corporation, Fujifilm Corporation, LG Chem Ltd., Tokuyama Corporation, Avantor, Inc. |
Ans: The Electronic Grade Solvents Market is expected to grow at a CAGR of 6.99% from 2025-2032.
Ans: The Electronic Grade Solvents Market size was USD 2.48 billion in 2024 and is expected to reach USD 4.25 billion by 2032.
Ans: Rising demand for advanced semiconductors and high-purity solvents in photolithography and etching processes is driving market growth.
Ans: Photoresist Solvents segment dominated the Electronic Grade Solvents Market.
Ans: North America dominated the Electronic Grade Solvents Market in 2024.
Table Of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Price Trend Analysis
5.2 Demand-Supply Gap Statistics
5.3 Import-Export Analysis
5.4 Solvent Toxicity & Regulatory Ratings
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Electronic Grade Solvents Market Segmentation By Type of Solvent
7.1 Chapter Overview
7.2 Photoresist Solvents
7.2.1 Photoresist Solvents Market Trends Analysis (2021-2032)
7.2.2 Photoresist Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Cleaning Solvents
7.3.1 Cleaning Solvents Market Trends Analysis (2021-2032)
7.3.2 Cleaning Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Etching Solvents
7.4.1 Etching Solvents Market Trends Analysis (2021-2032)
7.4.2 Etching Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Stripping Solvents
7.5.1 Stripping Solvents Market Trends Analysis (2021-2032)
7.5.2 Stripping Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Others
7.6.1 Others Market Trends Analysis (2021-2032)
7.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Electronic Grade Solvents Market Segmentation By Application
8.1 Chapter Overview
8.2 Cleaning
8.2.1 Cleaning Market Trends Analysis (2021-2032)
8.2.2 Cleaning Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Etching
8.3.1 Etching Market Trends Analysis (2021-2032)
8.3.2 Etching Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Resist Stripping
8.4.1 Resist Stripping Market Trends Analysis (2021-2032)
8.4.2 Resist Stripping Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Dissolution
8.5.1 Dissolution Market Trends Analysis (2021-2032)
8.5.2 Dissolution Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Electronic Grade Solvents Market Segmentation By Chemical Composition
9.1 Chapter Overview
9.2 Aliphatic Hydrocarbons
9.2.1 Aliphatic Hydrocarbons Market Trends Analysis (2021-2032)
9.2.2 Aliphatic Hydrocarbons Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Aromatic Hydrocarbons
9.3.1 Aromatic Hydrocarbons Market Trends Analysis (2021-2032)
9.3.2 Aromatic Hydrocarbons Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Alcohol-based Solvents
9.4.1 Alcohol-based Solvents Market Trends Analysis (2021-2032)
9.4.2 Alcohol-based Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Acetone-based Solvents
9.5.1 Acetone-based Solvents Market Trends Analysis (2021-2032)
9.5.2 Acetone-based Solvents Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Electronic Grade Solvents Market Segmentation By End-User
10.1 Chapter Overview
10.2 Semiconductor Manufacturers
10.2.1 Semiconductor Manufacturers Market Trends Analysis (2021-2032)
10.2.2 Semiconductor Manufacturers Market Size Estimates and Forecasts to 2032 (USD Billion)
10.3 Integrated Circuit (IC) Manufacturers
10.3.1 Integrated Circuit (IC) Manufacturers Market Trend Analysis (2021-2032)
10.3.2 Integrated Circuit (IC) Manufacturers Market Size Estimates and Forecasts to 2032 (USD Billion)
10.4 Electronics Manufacturing Services (EMS)
10.4.1 Electronics Manufacturing Services (EMS) Market Trends Analysis (2021-2032)
10.4.2 Electronics Manufacturing Services (EMS) Market Size Estimates and Forecasts to 2032 (USD Billion)
10.5 Foundries
10.4.1 Foundries Market Trends Analysis (2021-2032)
10.4.2 Foundries Market Size Estimates and Forecasts to 2032 (USD Billion)
11. Regional Analysis
11.1 Chapter Overview
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Electronic Grade Solvents Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.2.3 North America Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.2.4 North America Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.2.5 North America Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.2.6 North America Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.2.7 USA
11.2.7.1 USA Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.2.7.2 USA Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.2.7.3 USA Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.2.7.4 USA Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.2.8 Canada
11.2.8.1 Canada Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.2.8.2 Canada Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.2.8.3 Canada Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.2.8.4 Canada Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.2.9 Mexico
11.2.9.1 Mexico Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.2.9.2 Mexico Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.2.9.3 Mexico Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.2.9.4 Mexico Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Europe Electronic Grade Solvents Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.3.3 Europe Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.4 Europe Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.5 Europe Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.6 Europe Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.7 Germany
11.3.7.1 Germany Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.7.2 Germany Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.7.3 Germany Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.7.4 Germany Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.8 France
11.3.8.1 France Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.8.2 France Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.8.3 France Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.8.4 France Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.9 UK
11.3.9.1 UK Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.9.2 UK Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.9.3 UK Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.9.4 UK Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.10 Italy
11.3.10.1 ItalyElectronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.10.2 Italy Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.10.3 Italy Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.10.4 Italy Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.11 Spain
11.3.11.1 Spain Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.11.2 Spain Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.11.3 Spain Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.11.4 Spain Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.12 Poland
11.3.12.1 Poland Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.12.2 Poland Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.12.3 Poland Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.12.4 Poland Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.13 Turkey
11.3.13.1 Turkey Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.13.2 Turkey Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.13.3 Turkey Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.13.4 Turkey Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.3.14 Rest of Europe
11.3.14.1 Rest of Europe Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.3.14.2 Rest of Europe Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.3.14.3 Rest of Europe Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.3.14.4 Rest of Europe Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4 Asia Pacific
11.4.1 Trend Analysis
11.4.2 Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.4.3 Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.4 Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.5 Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.6 Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.7 China
11.4.7.1 China Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.7.2 China Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.7.3 China Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.7.4 China Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.8 India
11.4.8.1 India Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.8.2 India Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.8.3 India Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.8.4 India Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.9 Japan
11.4.9.1 Japan Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.9.2 Japan Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.9.3 Japan Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.9.4 Japan Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.10 South Korea
11.4.10.1 South Korea Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.10.2 South Korea Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.10.3 South Korea Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.10.4 South Korea Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.11 Singapore
11.4.11.1 Singapore Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.11.2 Singapore Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.11.3 Singapore Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.11.4 Singapore Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.12 Australia
11.4.12.1 Australia Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.12.2 Australia Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.12.3 Australia Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.12.4 Australia Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.13 Taiwan
11.4.13.1 Taiwan Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.13.2 Taiwan Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.13.3 Taiwan Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.13.4 Taiwan Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.4.14 Rest of Asia Pacific
11.4.14.1 Rest of Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.4.14.2 Rest of Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.4.14.3 Rest of Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.4.14.4 Rest of Asia Pacific Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5 Middle East and Africa
11.5.1 Trend Analysis
11.5.2 Middle East and Africa Electronic Grade Solvents Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.5.3 Middle East and Africa Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.4 Middle East and Africa Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.5 Middle East and Africa Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.6 Middle East and Africa Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5.7 UAE
11.5.7.1 UAE Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.7.2 UAE Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.7.3 UAE Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.7.4 UAE Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5.8 Saudi Arabia
11.5.8.1 Saudi Arabia Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.8.2 Saudi Arabia Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.8.3 Saudi Arabia Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.8.4 Saudi Arabia Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5.9 Qatar
11.5.9.1 Qatar Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.9.2 Qatar Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.9.3 Qatar Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.1.9.4 Qatar Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5.10 South Africa
11.5.10.1 South Africa Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.10.2 South Africa Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.10.3 South Africa Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.10.4 South Africa Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.5.11 Rest of Middle East & Africa
11.5.11.1 Rest of Middle East & Africa Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.5.11.2 Rest of Middle East & Africa Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.5.11.3 Rest of Middle East & Africa Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.5.11.4 Rest of Middle East & Africa Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Electronic Grade Solvents Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.6.3 Latin America Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.6.4 Latin America Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.6.5 Latin America Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.6.6 Latin America Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.6.7 Brazil
11.6.7.1 Brazil Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.6.7.2 Brazil Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.6.7.3 Brazil Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.6.7.4 Brazil Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.6.8 Argentina
11.6.8.1 Argentina Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.6.8.2 Argentina Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.6.8.3 Argentina Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.6.8.4 Argentina Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
11.6.9 Rest of Latin America
11.6.9.1 Rest of Latin America Electronic Grade Solvents Market Estimates and Forecasts By Type of Solvent (2021-2032) (USD Billion)
11.6.9.2 Rest of Latin America Electronic Grade Solvents Market Estimates and Forecasts By Application (2021-2032) (USD Billion)
11.6.9.3 Rest of Latin America Electronic Grade Solvents Market Estimates and Forecasts By Chemical Composition (2021-2032) (USD Billion)
11.6.9.4 Rest of Latin America Electronic Grade Solvents Market Estimates and Forecasts By End-User (2021-2032) (USD Billion)
12. Company Profiles
12.1 BASF SE
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Honeywell International Inc.
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Eastman Chemical Company
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 DuPont de Nemours, Inc.
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Merck KGaA
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Mitsubishi Chemical Group Corporation
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Fujifilm Corporation
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 LG Chem Ltd.
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Tokuyama Corporation
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Avantor, Inc.
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
13. Use Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type of Solvent
Photoresist Solvents
Cleaning Solvents
Etching Solvents
Stripping Solvents
Others
By Application
Cleaning
Etching
Resist Stripping
Dissolution
By Chemical Composition
Aliphatic Hydrocarbons
Aromatic Hydrocarbons
Alcohol-based Solvents
Acetone-based Solvents
By End-User
Semiconductor Manufacturers
Integrated Circuit (IC) Manufacturers
Electronics Manufacturing Services (EMS)
Foundries
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Taiwan
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players