Electronic grade hydrogen peroxide is a very important high-purity reagent in the microelectronics industry, mainly used as a semiconductor silicon wafer cleaning agent. During the process, impurities in the reagents will have a fatal effect on the performance of the components; therefore, hydrogen peroxide has very strict requirements on purity. Currently, a few companies in the world can produce High Purity Hydrogen Peroxide for Semiconductor product. They mainly concentrated in Europe, USA, China, and Japan. The main market players are Solvay, Santoku Chemical Industries, MGC, Evonik, Chang Chun Group, Arkema, Technic, etc.
The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $50.9 billion in the month of April 2022, an increase of 21.1% over the April 2021 total of $42.0 billion and 0.7% more than the March 2022 total of $50.6 billion. Global semiconductor sales have increased by more than 20% on a year-to-year basis for 13 consecutive months, indicating consistently high and growing demand for semiconductors across a range of critical sectors. Fast growth of semiconductor industry promote the electronic chemical industry accordingly.
According to QYResearch, global High Purity Hydrogen Peroxide for Semiconductor market size was valued at US$ 411.08 million in 2021 and is forecast to a readjusted size of USD 834.37 million by 2028 with a CAGR of 11.08% during 2022-2028.
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