The ultra pure sulfuric acid market is estimated to be valued at US$ 16.65 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Ultra pure sulfuric acid, also known as semiconductor grade sulfuric acid, finds its key application in the production of semiconductors. It is used during various cleaning processes in semiconductor manufacturing. The rising demand for semiconductors from various end-use industries such as automotive, electronics, IT & telecommunication is a major factor driving the growth of the global ultra pure sulfuric acid market.

Market Overview:
Ultra pure sulfuric acid is an inorganic acid that contains minimum metal contaminants and particulate matter. It has a purity level of >99.999999% and finds application in the production of electronic grade silicon wafers used in semiconductors. The key use cases include cleansing, etching and removing metal ions from silicon wafers during the manufacturing process.

Market Dynamics:
The two major drivers propelling the ultra pure sulfuric acid market growth are rapidly growing global semiconductor industry and stringent purity regulations. The global semiconductor market is witnessing strong growth due rising demand for electronic devices such as smartphones, laptops, tablets etc. This is directly increasing the consumption of ultra pure sulfuric acid. Additionally, various government agencies have set stringent impurity limits for acids used during semiconductor manufacturing. This is prompting manufacturers to adopt high purity grade sulfuric acid in order to comply with regulatory standards. However, fluctuating raw material prices remain a major challenge for market players. Stringent transportation and storage guidelines also increase the overall production and distribution costs.

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