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Asia Pacific Ultra-Pure Sulfuric Acid  Market Research Report 2024-2030

Asia Pacific Ultra-Pure Sulfuric Acid Market Research Report 2024-2030

  • Published on : 24 October 2024
  • Pages :205
  • Report Code:SMR-8015668

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Report overview

The Asia Pacific Ultra-Pure Sulfuric Acid market size was valued at US$ 453.7 million in 2024 and is projected to reach US$ 618.2 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Ultra-pure sulfuric acid is a high-purity grade of sulfuric acid with extremely low metal content, used in the semiconductor industry for cleaning and etching silicon wafers, and in various other high-tech applications.
The Asia Pacific ultra-pure sulfuric acid market is experiencing strong growth, driven by the region's dominant semiconductor manufacturing industry. Taiwan leads with a 35% market share, followed by South Korea at 30% and Japan at 20%. In 2023, the semiconductor industry consumed 75% of total production, with pharmaceuticals at 15% and analytical chemistry at 8%. The market saw a 10% increase in demand due to the expansion of 5G infrastructure and increased chip production. Key players include BASF SE (Germany) and Mitsubishi Chemical Corporation (Japan), collectively holding a 55% market share in the region. The industry is investing heavily in purification technologies, with a 15% increase in R&D spending on sub-ppb level impurity reduction in 2023. Challenges include high production costs and stringent quality control requirements, leading to an 8% focus on process automation and online purity monitoring systems. The trend towards miniaturization in electronics has driven a 12% growth in demand for ultra-high purity acid grades. The market is benefiting from government initiatives to boost domestic semiconductor production, with China's "Made in China 2025" plan contributing to a 20% rise in ultra-pure sulfuric acid consumption for new chip fabs.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Ultra-Pure Sulfuric Acid . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Ultra-Pure Sulfuric Acid , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Ultra-Pure Sulfuric 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 Ultra-Pure Sulfuric Acid . This report contains market size and forecasts of Ultra-Pure Sulfuric Acid in Asia Pacific, including the following market information:
We surveyed the Ultra-Pure Sulfuric 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:

by Country

•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Thailand
•    Indonesia

by Products type:

•    G2
•    G3
•    G4 and G5

by Application:

•    Semiconductor
•    LCD Panel
•    Solar Cell

key players include: (At least 8-10 companies included)

•    Mitsubishi Chemical Corporation
•    Sumitomo Chemical Co., Ltd.
•    BASF SE
•    Kanto Chemical Co., Inc.
•    LG Chem
•    Tosoh Corporation
•    PVS Chemicals
•    China Petrochemical Corporation (Sinopec)
•    Jiangsu Yangnong Chemical Group Co., Ltd.
•    Fujimi Incorporated

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Ultra-Pure Sulfuric Acid revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•    Key companies Ultra-Pure Sulfuric Acid revenues share in Asia Pacific market, 2023 (%)
•    Key companies Ultra-Pure Sulfuric Acid sales in Asia Pacific market, 2019-2024 (Estimated),
•    Key companies Ultra-Pure Sulfuric Acid sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Asia Pacific and country-wise market of Ultra-Pure Sulfuric Acid
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Ultra-Pure Sulfuric Acid capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Ultra-Pure Sulfuric Acid manufacturers
•    Ultra-Pure Sulfuric Acid forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.