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Global Semiconductor Etchant Market Grows With CAGR of 6.31% - QYResearch Report

Author: QYResearch  |   Published Date: 2021-03-25   |   Views: 84



According to QYResearch latest research, the global Semiconductor Etchants size is estimated to be USD 1688.85 million in 2021 from USD 1537.27 million in 2020, with a change of 9.86% between 2020 and 2021. The global Semiconductor Etchants market size is expected to grow at a CAGR of 6.31% for the next five years.

In the electronics industry, the etching solution chemicals are varied depending on the material to be etched.  For example, to perform etching of silicon (Si), a mixture of Dry Etching Agent (electronic grade) and nitric acid (electronic grade) is used.  Other compounds are also added in the mixture to control the etch rate, the etch selectivity (ratio of etch rate of different materials), and the etch anisotropy (ratio of etch rate in the direction perpendicular to the surface to the etch rate in the direction parallel to the surface). The optimal etchant composition depends on the substrate and resist materials as well as the etching method.

Global Semiconductor Etchant Market- Key Players

BASF, Stella Chemifa, Soulbrain, KMG Chemicals, Formosa Daikin Advanced Chemicals, Avantor, Zhejiang Morita New Materials, Honeywell, Mitsubishi Chemical, Do-Fluoride Chemicals Co., Ltd, Zhejiang Kaisn Fluorochemical, Jiangyin Runma, Jiangyin Jianghua Microelectronics Materials, Fujian Shaowu Yongfei Chemical, Nagase ChemteX Corporation,  are some of the key players in the global Semiconductor Etchant market.

BASF, Stella Chemifa, KMG Chemicals, Formosa Daikin Advanced Chemicals and Avantor are the top 5players of Global Semiconductor Etchants market, and their revenue share was 31.21% in 2020. To some extent, it reflects that the market is relatively fragmented.

 Global Semiconductor Etchant Market- Driver Analysis

In semiconductor device fabrication, etching refers to any technology that will selectively remove material from a thin film on a substrate (with or without prior structures on its surface) and by this removal create a pattern of that material on the substrate. The pattern is defined by a mask that is resistant to the etching process, the creation of which was described in detail in Photolithography. Once the mask is in place, etching of the material that is not protected by the mask can occur, by either wet chemical or by "dry" physical methods.

Despite the impact of COVID-19 on the global economy, the semiconductor market performed better than expected in 2020, fueled by the growth in cloud computing and demand for devices to support remote work and learning. Worldwide semiconductor revenue grew to $442 billion in 2020, an increase of 5.4% compared to 2019, according to the Semiconductor Applications Forecaster (SAF) from International Data Corporation (IDC). The DRAM and NAND markets also recovered after a poor 2019, growing 4% and 32.9%, respectively. IDC forecasts the semiconductor market will reach $476 billion in 2021, a 7.7% year-over-year growth rate as the various COVID-19 vaccines are disseminated and economies begin to open and gradually recover.

Rigid demand from semiconductor industry will promote the Semiconductor Etchant market development.

 

The two fundamental types of etchants are liquid-phase ("wet") and plasma-phase ("dry"). It is expected that dry etchants will achieve a faster development speed in the future, reaching 161.1k tons by 2026, with a CAGR of 8.45%.  While the Wet Etching Agent accounts for the largest market share with more than 82% in 2020.

 

Read More Information: https://www.qyresearch.com/index/detail/2967906/global-semiconductor-etchants-sales-market

 

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