Global Demand for Electronic Chemicals and Materials Projected To Increase at CAGR of 12.6% Through 2015
Electronic chemicals and materials are solid, liquid, and gaseous substances used in the fabrication of semiconductors and printed circuit boards (PCBs). Global demand for electronic chemicals and materials, particularly in developed countries, is projected to increase at a compound annual growth rate (CAGR) of 12.6% through 2015.
- (1888PressRelease) January 21, 2011 - ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Electronic Chemicals and Materials: The Global Market".
Electronic chemicals and materials are solid, liquid, and gaseous substances used in the fabrication of semiconductors and printed circuit boards (PCBs). Global demand for electronic chemicals and materials, particularly in developed countries, is projected to increase at a compound annual growth rate (CAGR) of 12.6% through 2015.
The increase in demand for electronic chemicals and materials is related to overall growth in the production of electronic devices, as well as technological innovation that will create opportunities for new materials. New materials such as Low-k dielectrics and advanced photoresists will see growth rates well above average, and opportunities will also emerge in existing technologies as chemical compositions are improved to attain better compatibility and lower costs.
The report addresses the global market for electronic chemicals and materials during the period from 2009 through 2015. It covers the entire range of chemicals and materials that are used in the fabrication of ICs and PCBs.
Highlights of the report:
•The global electronic chemicals and materials market was estimated at $24.6 billion in 2009 and $28.5 billion in 2010. This market is expected to reach $51.6 billion in 2015, a compound annual growth rate (CAGR) of 12.6% over the 2010-2015 forecast period.
•Wafer demand is projected to increase more than 20% in 2010 to approximately $14.7 billion, after declining by nearly 40% to $12.2 billion in 2009. It is expected that the market will reach $26.7 billion by 2015, a compound annual growth rate (CAGR) of 12.7% between 2010 and 2015.
•Demand for polymers and conductive polymers in the electronics industry will grow at a projected compound annual growth rate (CAGR) of 26%, from an estimated $1.9 billion in 2010 to about $5.9 billion in 2015. Most of the projected growth is attributable to conductive polymers.
This study is intended for suppliers of electronics chemicals and materials. Other readers who may find it particularly useful include entrepreneurs, investors, venture capitalists, and other readers who need to know where the electronic chemicals and materials market is headed over the next 5 years.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' web site. View the report: http://www.electronics.ca/publications/products/Electronic-Chemicals-and-Materials%3A-The-Global-Market.html
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