TechNavio recognizes the following companies as the key players in the Global Electronic Chemicals and Materials Market: Air Products and Chemicals Inc., BASF SE, Shin-Etsu Chemical Co., and The Dow Chemical Co.
Commenting on the report, an analyst from TechNavio’s team said: “Small and mid-sized vendors are less able to increase their production capacity and adopt new technologies than larger competitors. The rapid growth of the Global Electronic Chemicals and Materials market has led to an increase in the number of mergers and acquisitions among the vendors, which has provided key players with opportunities to expand their market share. This trend is expected to help vendors grow as well as gain access to new processes and technologies, and therefore it is expected to have a positive impact on the growth of the market during the forecast period.”
According to the report, one of the major drivers in this market is the increasing demand for consumer electronics. The Electronics industry is growing at a rapid pace, which has resulted in high demand for high-purity chemicals and materials that are used in manufacturing ICs and PCBs.
Further, the report states that one of the major challenges faced by this market is the fluctuating raw material prices, which in turn results in an increase in the product prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-electronic-chemicals-and-material…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Electronic Chemicals and Materials Market 2014-2018
