The global Electronic Grade Phosphoric Acid market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth.
New York, NY -- (SBWIRE) -- 01/15/2021 -- Extensively used in making large-scale semiconductors, integrated circuits, and LCD panels, the high-purity phosphoric acid—electronic grade phosphoric acid has been crucial to industries like microelectronics and electronics. This phosphoric acid finds its widespread applications in cleaning and etching. Additionally, electronic grade phosphoric acid aids in washing off metal surface impurities, making the metal ready to be used in the industry like hardware.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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Being crucial to the semiconductor manufacturing industry, electronic grade phosphoric acid is highly used as a dopant in the manufacturing process of photovoltaic cells. Additionally, it is also widely utilized in the production of fuel cells and various display panels for computers, mobiles, and televisions. Such widespread usages are propelling the growth of the industry. Furthermore, increasing need for distinct electronic products worldwide is also triggering demand for electronic grade phosphoric acid, boosting the market's growth. During the COVID outbreak, the demand from the electronic sector for this phosphoric acid escalated. However, at the beginning of the pandemic, because of the reduced demand from different end-users caused by consumers' low purchasing power, the market has faced a downfall. Nonetheless, the presence of highly optimistic investors and the availability of ample electronic products have boosted the growth of the market.
Asia Pacific has showcased significant growth, owing to the rapid development of the electronic industry. Moreover, the increasing number of manufacturers and companies for electronic products is also fueling this regional market's growth. Other major regions in the industry are Europe and North America. Renowned firms are based in countries like Japan, Israel, and China.
The global Electronic Grade Phosphoric Acid market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Electronic Grade Phosphoric Acid market are listed below:
Arkema, Solvay, ICL Performance Products, RIN KAGAKU KOGYO, Rasa Industries, Honeywell, Hubei Xingfa Chemicals Group, Chengxing Group, Yunphos (Taixing) Chemical, Guangxi Qinzhou Capital Success PHOS-Chemical.
By Type (Revenue, USD Million; 2017–2027)
By Application (Revenue, USD Million; 2017–2027)
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Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Electronic Grade Phosphoric Acid Market Segmentation & Impact Analysis
Chapter 5. Electronic Grade Phosphoric Acid Market, By Type Insights & Trends
Chapter 6. Electronic Grade Phosphoric Acid Market, By Application Insights & Trends
Chapter 7. Electronic Grade Phosphoric Acid Market, By End Use Insights & Trends
Chapter 8. Electronic Grade Phosphoric Acid Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
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