The global market for electronic chemicals and materials was valued at $59.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% to reach $76.0 billion by 2027.

Chemicals and materials play a crucial role in the electronic industry, serving as both components and processing agents across all stages of production (Table 1). Throughout the forecast period, semiconductors and integrated circuits are estimated to be the highest consumers and fastest-growing application segment of electronic chemicals and materials (Table 2).