Global demand for electronic chemicals and materials projected to increase at CAGR of 12.6 percent through 2015

USA: ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, recently announced 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 CAGR of 12.6 percent 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 CAGR of 12.6 percent over the 2010-2015 forecast period.

• Wafer demand is projected to increase more than 20 percent in 2010 to approximately $14.7 billion, after declining by nearly 40 percent to $12.2 billion in 2009. It is expected that the market will reach $26.7 billion by 2015, a CAGR of 12.7 percent between 2010 and 2015.

• Demand for polymers and conductive polymers in the electronics industry will grow at a projected CAGR of 26 percent, 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.