Electronic Grade Hydrogen Peroxide Market Insights 2021 : [125 Pages Report] Electronic grade hydrogen peroxide is a very important high-purity reagent in the microelectronics industry, mainly used as a semiconductor silicon wafer cleaning agent, etchant and photoresist remover, and solar silicon wafer etching and cleaning. During the process, impurities in the reagents will have a fatal effect on the performance of the components; therefore, hydrogen peroxide has very strict requirements on purity.

Currently, a few companies in the world can produce Electronic Grade Hydrogen Peroxide product. They mainly concentrated in Europe, USA, China, and Japan. The main market players are Solvay, Santoku Chemical Industries, MGC, Evonik, Chang Chun Group, Arkema, Technic Jiangyin Jianghua Microelectronics Materials, Asia Union Electronic Chemical Corp, Suzhou Jingrui Chemical, Hangzhou Jingxin Chemical etc. In the past five years, the sales volume of Electronic Grade Hydrogen Peroxide increased to from 549.01 K MT in 2015 to1638.63 K MT in 2027, with a CAGR of 11.98% during 2020–2027.Electronic Grade Hydrogen Peroxide can be classified as five types according to the purity, include EL (SEMI G1), UP (SEMI G2), UP-S (SEMI G3), UP-SS (SEMI G4), UP-SSS (SEMI G5). It can be widely used in many industries. Survey results showed that EL Grade sales share 58.17% in 2019 and UP (SEMI G2) sales share 17.45%.The major applications of Electronic Grade Hydrogen Peroxide is Semiconductor, Solar Energy and LCD Panel. Survey results showed that Semiconductor sales 613.72 K MT in 2019 and will reach 1310.06 K MT in 2027 with a CAGR of 12.37% during 2020–2027.

Market Analysis and Insights: Global Electronic Grade Hydrogen Peroxide Market

In 2020, the global Electronic Grade Hydrogen Peroxide market size was USD 355 million and it is expected to reach USD 701.8 million by the end of 2027, with a CAGR of 10.2% during 2021-2027.

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Leading key players of Electronic Grade Hydrogen Peroxide Market are Solvay, Santoku Chemical Industries, MGC, Evonik, Chang Chun Group, Arkema, Technic, Jiangyin Jianghua Microelectronics Materials, Asia Union Electronic Chemical Corp, Suzhou Jingrui Chemical, Hangzhou Jingxin Chemical

The opportunities for Electronic Grade Hydrogen Peroxide in recent future is the global demand for Electronic Grade Hydrogen Peroxide Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to comes up between 2021 and 2027 compared to a few years ago, signifying the rapid pace of change.

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Electronic Grade Hydrogen Peroxide Market Type Segment Analysis (Market size available for years 2021-2027, Consumption Volume, Average Price, Revenue, Market Share and Trend 2015-2027):

  • EL (SEMI G1), UP (SEMI G2), UP-S (SEMI G3), UP-SS (SEMI G4), UP-SSS (SEMI G5)

The major factors that Influencing the growth of Electronic Grade Hydrogen Peroxide market is the incresing use of Electronic Grade Hydrogen Peroxide in Semiconductor, Solar Energy, LCD Panel and other Industries

Regions that are expected to dominate the Electronic Grade Hydrogen Peroxide market are North America, Europe, Asia-Pacific, South America, Middle East and Africa and others

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