Report overview
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals. This report only focuses on Electronic Grade Nitric Acid.
This report aims to provide a comprehensive presentation of the global market for Electronic Grade Nitric Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Grade Nitric Acid. This report contains market size and forecasts of Electronic Grade Nitric Acid in global, including the following market information:
Global Electronic Grade Nitric Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electronic Grade Nitric Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Electronic Grade Nitric Acid companies in 2022 (%)
The global Electronic Grade Nitric Acid market was valued at US$ 82 million in 2022 and is projected to reach US$ 116.4 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Electronic Grade Nitric Acid market include Mitsubishi Chemical, BASF, Kanto, etc. The top 3 players occupy about 30% shares of the global market. Japan and Europe are main markets, they occupy about 50% of the global market. VL Grade is the main type, with a share over 25%. Semiconductor is the main application, which holds a share about 40%.
We surveyed the Electronic Grade Nitric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Grade Nitric Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Electronic Grade Nitric Acid Market Segment Percentages, by Type, 2022 (%)
EL Grade
VL Grade
UL Grade
SL Grade
Global Electronic Grade Nitric Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Electronic Grade Nitric Acid Market Segment Percentages, by Application, 2022 (%)
Semiconductor
Solar Energy
LCD Panel
Others
Global Electronic Grade Nitric Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Electronic Grade Nitric Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Grade Nitric Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electronic Grade Nitric Acid revenues share in global market, 2022 (%)
Key companies Electronic Grade Nitric Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Electronic Grade Nitric Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Chemical
Kanto
BASF
Columbus Chemicals
UBE
T. N. C. Industrial
KMG Electronic Chemicals
EuroChem
Asia Union Electronic Chemicals
Juhua Group
Jianghua Microelectronics Materials
Suzhou Crystal Clear Chemical
Runma Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electronic Grade Nitric Acid, market overview.
Chapter 2: Global Electronic Grade Nitric Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Electronic Grade Nitric Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electronic Grade Nitric Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electronic Grade Nitric Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.