Product Code: GVR-4-68040-467-3
Electronic Grade Nitric Acid Market Trends:
The global electronic grade nitric acid market size was estimated at USD 83.6 million in 2023 and is expected to grow at a CAGR of 5.4% from 2024 to 2030.The growth of the global market for electronic grade nitric acid is primarily driven by the increasing demand for electronic devices worldwide. This acid is crucial in the cleaning and etching processes during semiconductor manufacturing, which is essential for producing high-performance electronics.
Electronic grade nitric acid is a highly pure form of nitric acid used in the electronics industry for cleaning and etching silicon wafers and other electronic components. It is produced through a multi-stage distillation process to achieve a purity level of 99.999% or higher. Additionally, advancements in technology and the growth of industries such as electronics and semiconductors further propel the demand for high-purity nitric acid. The expansion of the electronics sector, especially in developing countries, coupled with the trend towards miniaturization of electronic components, further fuels market growth.
Global Electronic Grade Nitric Acid Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global electronic grade nitric acid market report based on type, application, and region:
- Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
- EL Grade
- VL Grade
- UL Grade
- SL Grade
- Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
- Semiconductor
- Solar Energy
- LCD Panel
- Others
- Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Grades & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Electronic Grade Nitric Acid Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing/Technology Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis, 2018-2030
- 3.3.1. Factors Affecting Prices
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Electronic Grade Nitric Acid Market: Type Categories Estimates & Trend Analysis
- 4.1. Type Categories Movement Analysis & Market Share, 2023 & 2030
- 4.2. Electronic Grade Nitric Acid Market Estimates & Forecast, By Type Categories, 2018 to 2030 (USD Million)
- 4.3. EL Grade
- 4.3.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, by EL Grade 2018 - 2030 (USD Million)
- 4.4. VL Grade
- 4.4.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, by VL Grade, 2018 - 2030 (USD Million)
- 4.5. UL Grade
- 4.5.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, by UL Grade, 2018 - 2030 (USD Million)
- 4.6. SL Grades
- 4.6.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, by SL Grades, 2018 - 2030 (USD Million)
Chapter 5. Electronic Grade Nitric Acid Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Electronic Grade Nitric Acid Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
- 5.3. Semiconductor
- 5.3.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, in Semiconductor, 2018 - 2030 (USD Million)
- 5.4. Solar Energy
- 5.4.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, in Solar Energy, 2018 - 2030 (USD Million)
- 5.5. LCD Panel
- 5.5.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, in LCD Panel, 2018 - 2030 (USD Million)
- 5.6. Other Applications
- 5.6.1. Electronic Grade Nitric Acid Market Estimates and Forecasts, in Other Applications, 2018 - 2030 (USD Million)
Chapter 6. Electronic Grade Nitric Acid Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Electronic Grade Nitric Acid Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key Country Dynamics
- 6.2.4.2. Mexico Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.3. Europe
- 6.3.1. Europe Electronic Grade Nitric Acid Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key Country Dynamics
- 6.3.3.2. UK Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.3.4. France
- 6.3.4.1. Key Country Dynamics
- 6.3.4.2. France Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Key Country Dynamics
- 6.3.5.2. Italy Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Key Country Dynamics
- 6.3.6.2. Spain Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Electronic Grade Nitric Acid Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.3. India
- 6.4.3.1. Key country dynamics
- 6.4.3.2. India Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Key Country Dynamics
- 6.4.4.2. Japan Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key Country Dynamics
- 6.4.5.2. South Korea Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.4.6. Thailand
- 6.4.6.1. Key Country Dynamics
- 6.4.6.2. Thailand Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030. (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Electronic Grade Nitric Acid Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Key country dynamics
- 6.5.3.2. Argentina Electronic Grade Nitric Acid Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa Electronic Grade Nitric Acid Estimates & Forecast, 2018 - 2030 (USD Million)
Chapter 7. Electronic Grade Nitric Acid Market - Competitive Landscape
- 7.1. Vendor Landscape
- 7.2. Company Market Share/Position Analysis, 2023
- 7.3. Strategy Mapping
- 7.4. Company Profiles
- 7.4.1. EuroChem
- 7.4.1.1. Participant's overview
- 7.4.1.2. Financial performance
- 7.4.1.3. Grade benchmarking
- 7.4.1.4. Recent developments
- 7.4.2. Everest Kanto Cylinder
- 7.4.2.1. Participant's overview
- 7.4.2.2. Financial performance
- 7.4.2.3. Grade benchmarking
- 7.4.2.4. Recent developments
- 7.4.3. BASF SE
- 7.4.3.1. Participant's overview
- 7.4.3.2. Financial performance
- 7.4.3.3. Grade benchmarking
- 7.4.3.4. Recent developments
- 7.4.4. Columbus Chemicals
- 7.4.4.1. Participant's overview
- 7.4.4.2. Financial performance
- 7.4.4.3. Grade benchmarking
- 7.4.4.4. Recent developments
- 7.4.5. UBE Corporation
- 7.4.5.1. Participant's overview
- 7.4.5.2. Financial performance
- 7.4.5.3. Grade benchmarking
- 7.4.5.4. Recent developments
- 7.4.6. T. N. C. Industrial
- 7.4.6.1. Participant's overview
- 7.4.6.2. Financial performance
- 7.4.6.3. Grade benchmarking
- 7.4.6.4. Recent developments
- 7.4.7. KMG Electronic Chemicals
- 7.4.7.1. Participant's overview
- 7.4.7.2. Financial performance
- 7.4.7.3. Grade benchmarking
- 7.4.7.4. Recent developments
- 7.4.8. EuroChem
- 7.4.8.1. Participant's overview
- 7.4.8.2. Financial performance
- 7.4.8.3. Grade benchmarking
- 7.4.8.4. Recent developments
- 7.4.9. Asia Union Electronic Chemicals
- 7.4.9.1. Participant's overview
- 7.4.9.2. Financial performance
- 7.4.9.3. Grade benchmarking
- 7.4.9.4. Recent developments
- 7.4.10. Juhua Group
- 7.4.10.1. Participant's overview
- 7.4.10.2. Financial performance
- 7.4.10.3. Grade benchmarking
- 7.4.10.4. Recent developments