Title: Wet Chemicals Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth And Forecast 2021 - 2026
1Wet Chemicals Market - Industry Analysis, Market
Size, Share, Trends,Application Analysis, Growth
And Forecast 2021 - 2026
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- Wet Chemicals Market size is forecast to reach
700 million by 2025, after growing at a CAGR of
6 during 2020-2025. Surging demand for wet
chemicals from electrical and electronic
industries for etching and manufacturing of
integrated and printed circuit boards is
escalating the market growth. - Wet Chemicals are used as a disinfectant in
personal care products such as aftershave lotions
and hand sanitizers. Increasing usage of wet
chemicals such as hydrogen peroxide and sulfuric
acid in agrochemical industries for manufacturing
pesticides is also accelerating the growth of wet
chemicals market size.
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Key Takeaways from this Report
- Chinese government ambitious Made in China 2025
plan to achieve independence from foreign supply
for semiconductors and integrated circuits is
likely to boost the growth of wet chemicals
market. - Increasing environmental concerns and government
restrictions on use of plastics boosts the paper
industry which in turn augments the wet chemicals
market. - Rise in demand of wet chemicals from health care
industries also contribute to the market growth.
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- By Distribution Channel- Segment Analysis
- Electronic segment holds the largest share of
more than 25 wet chemicals market in 2019. Wet
chemicals such as hydrogen peroxide and sulfuric
acids are used as an oxidizing and cleaning agent
in the manufacture of semiconductors and printed
circuit board. An increase in demand for
electronic appliances increases the use of
printed circuit boards which further propels the
growth of wet chemicals market. According to the
Industry association for Printed Circuit Boards
(IPC), total North American printed circuit board
shipments in April 2019 increased by 6.6
compared to April 2018, subsequently fueling the
wet chemicals market.
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- Wet Chemicals Market Industry Outlook
- KMG Chemicals
- BASF SE
- Avantor Inc.
- Honeywell International LLC
- KANTO CHEMICAL CO. INC.
- Solvay
- Evonik Industries AG
- Eastman Chemical Company
- Zhejiang Kaisn Fluorochemical Co. Ltd.
- Technic Inc.
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Wet Chemicals Market - Industry Analysis, Market
Size, Share, Trends,Application Analysis, Growth
And Forecast 2021 - 2026
Learn More About the Report _at_
https//www.industryarc.com/Report/18269/wet-chem
icals-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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