The global electronic grade sulfuric acid market size is estimated at USD 300 million in 2019 and is projected to reach USD 415 million by 2024, at a CAGR of 6.7% between 2019 and 2024. The growth of the market is fueled by the increasing technological advancements and demand for electronic devices globally.
PPT was the most significant grade of electronic grade sulfuric acid market in 2018. The PPT grade is preferred in semiconductor and IC manufacturing as only the highest grade of sulfuric acid with purity level can be used for the cleaning and etching purpose of semiconductors and ICs.
The key players in the electronic grade sulfuric acid market are BASF SE (Germany), INEOS Group Holdings S.A. (UK), Chemtrade Logistics (Canada), KMG Chemicals (US), Kanto Chemical Co., Inc. (Japan), Trident Group (India), The Linde Group (Ireland), PVS Chemicals (US), Reagent Chemicals (UK), and Moses Lake Industries (US). The report analyzes the key growth strategies adopted by these leading market players, between 2014 and 2019, which include expansion and merger & acquisition.
