The Market Reports

Synopsis

The global market for High-purity Electronic Grade Potassium Hydroxide was estimated to be worth US$ 111 million in 2024 and is forecast to a readjusted size of US$ 186 million by 2031 with a CAGR of 7.8% during the forecast period 2025-2031.

High-purity Electronic Grade Potassium Hydroxide generally refers to high purity and high quality potassium hydroxide. It plays an important role in microelectronics, semiconductor, photovoltaic and other fields with its high purity and excellent performance. The high-purity electronic-grade potassium hydroxide market is a market full of vitality and opportunities, but it also faces some challenges.

With the rapid development of downstream industries and the steady growth of demand, the market scale of high-purity electronic-grade potassium hydroxide continues to expand, especially in the field of wet electronic chemicals, the demand for high-purity electronic-grade potassium hydroxide shows a rapid growth trend.

In addition, the high-purity electronic-grade potassium hydroxide market also faces some challenges. On the one hand, raw material supply and price fluctuations may have an impact on production costs, and companies need to pay close attention to market trends and formulate reasonable procurement strategies. On the other hand, environmental pressure and energy consumption are also important aspects that companies need to pay attention to. With the increasingly stringent environmental protection policies, companies need to increase environmental protection investment, reduce pollution levels and energy consumption to meet relevant policy requirements.

Due to the high technical barriers to the production of high-purity electronic-grade potassium hydroxide and the relatively small number of companies with high-quality production capabilities, high-quality products are still relatively scarce in the market. In 2023, the market share of the top three companies in the world will be about 45.74%.

Key points:

Benefiting from the continuous expansion of Chinese wafer fabs, it is expected that by 2026, the demand for wet electronic chemicals for integrated circuits in China will exceed 1.1 million tons.

In April 2024, Runjing Chem announced that it had reached an agreement with Sumitomo Chemical Co., Ltd. on the full acquisition of Sumitomo Chemical Electronic Materials Technology (Hefei) Co., Ltd. and Sumitomo Chemical Electronic Materials Technology (Chongqing) Co., Ltd., and the two parties have completed the signing of the equity transfer contract. Through this acquisition, Runjing Chem will inherit the technical advantages and business system of Sumitomo Chemical Group, quickly expand its product portfolio (such as etching solution, stripping solution, CF developer), and provide customers with a variety of overall supply solutions, thereby improving Runjing Chem's competitiveness in the Chinese wet electronic chemical market.

This report aims to provide a comprehensive presentation of the global market for High-purity Electronic Grade Potassium Hydroxide, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of High-purity Electronic Grade Potassium Hydroxide by region & country, by Type, and by Application.

The High-purity Electronic Grade Potassium Hydroxide market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 High-purity Electronic Grade Potassium Hydroxide.

Market Segmentation

By Company

• FUJFILM
• UNID
• Kanto
• TOAGOSEI
• Jiangyin Jianghua
• Jiangyin Runma Electronic
• Asia Union Electronic Chemical
• Crystal Clear Elect
• Huarong Chemical

Segment by Type

• Below G3
• G3 and Above

Segment by Application

• IC
• Solar PV
• Display Panel

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.