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Market Overview:
The China Electronic Grade Sulfuric Acid Market size is estimated to reach $1.27 Billion by 2030, growing at a CAGR of 7.2% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “China Electronic Grade Sulfuric Acid Market – By Manufacturing Process (Lead Chamber Process, Contact Process, Wet Sulfuric Acid Process, and Others), By Purity (95% Sulfuric Acid, 96% Sulfuric Acid, 97% Sulfuric Acid, 98% Sulfuric Acid, 99% Sulfuric Acid), By Application (Semiconductors, PCB Panels, Microchips, Photovoltaic, Silicon wafers, Integrated circuits, and others), By End-Use Industry (Wearable devices, Information & Technology, Home Appliances, Entertainment, Automotive electronics, Telecommunication, Pharmaceutical, Aerospace & Defense, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Growth in electronics manufacturing and Rising investment in advanced semiconductor production are expected to create growth opportunities in the market during forecast period.
China Electronic Grade Sulfuric Acid Market: Key Takeaways
Robust Market Growth Driven by Semiconductor and Electronics Demand:
This growth is primarily fueled by the expanding demand for semiconductors and advanced electronic devices, such as smartphones and displays, which require ultra-pure sulfuric acid for cleaning and etching during manufacturing. As the world's largest electronics producer, China's increasing investment in advanced technologies and consumer electronics further solidifies its leadership in this market.
Diverse End-Use Applications Driving Growth:
Beyond semiconductors, electronic-grade sulfuric acid finds applications in industries such as photovoltaic cells, flat-panel displays, and advanced consumer electronics. The rise of these industries in China, driven by urbanization, increased consumer demand, and technological advancements, expands the market's scope. This diversity in application areas supports sustained growth and highlights the broadening relevance of high-purity chemical solutions.
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Scope of the Report:
China Electronic Grade Sulfuric Acid Market: Competitive Landscape
Key companies profiled in the China Electronic Grade Sulfuric Acid Market are BASF SE, Merck Millipore, Hubei Xingfa Chemicals Group Co., Ltd., Kanto Chemical Co., Inc., Sumitomo Chemical Co., Ltd., The Linde Group, PVS Chemicals, TAIWAN FERTILIZER CO., LTD., FUJIFILM Wako Pure Chemical Corporation, Chung Hwa Chemical Industrial Works, Ltd., and Others.
About IndustryARC™:
IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.
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IndustryARC
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