The Rising Role of Electronic Materials and Chemicals in Next-Generation Semiconductor Manufacturing
The global electronic materials and chemicals market is valued at USD 59.9 billion in 2025 and is projected to reach USD 98.6 billion by 2035, expanding at a CAGR of 5.1%. As consumer electronics, electric vehicles, and advanced communication technologies like 5G continue to drive innovation, the demand for specialized materials and chemicals used in electronic component fabrication has surged. While discussions on this market often focus on growth drivers like consumer electronics and PCB manufacturing, a critical yet underexplored angle lies in its role in enabling next-generation semiconductor technologies. The evolution of semiconductor design, particularly in AI, IoT, and quantum computing, is heavily dependent on advancements in materials and chemical engineering—an insight that remains relatively untapped in mainstream market narratives.
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Market Context
The electronic materials and chemicals market comprises essential products such as photoresists, CMP (chemical mechanical planarization) slurries, specialty gases, conductive polymers, and wet chemicals used in etching and cleaning processes. These materials are indispensable in manufacturing integrated circuits, displays, and printed circuit boards. As device miniaturization becomes the norm, the performance and purity of these chemicals play a crucial role in defining the efficiency of advanced chips.
Global semiconductor demand is growing at an unprecedented pace, driven by electric vehicles, 5G-enabled devices, and data centers. With Moore’s Law approaching its physical limits, new materials such as high-k dielectrics, low-k interlayer dielectrics, and advanced photoresists are enabling continued innovation in transistor scaling and energy efficiency.