The global electronic grade sulfuric acid market size was valued at USD 380.0 million in 2021 and is poised to grow at a CAGR of 6.6% during the forecast period 2022 to 2028. The global electronic grade sulfuric acid market is driven by the usage of electronic grade sulfuric acid in PCB panels. Computers, TVs, mobile phones, washing machines, coffee makers, and other electrical gadgets all employ printed circuit board panels. Moreover, due to increased application in automotive, healthcare, industrial electronics, consumer electronics, marine transport, for PCB panels, the electronic grade sulfuric acid revenue significantly increased over the forecast timeframe.

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PPT Grade Segment are Dominate the Electronic Grade Sulfuric Acid Market:
Based on grade, the electronic grade sulfuric acid market is segmented into parts per trillion (PPT) and parts per billion (PPB. PPT grade segment is expected to account for a larger revenue share in the global electronic grade sulfuric acid market and is projected to grow at significant CAGR over 2022 and 2028 due to wide use of PPT grade among wet chemicals in the electronics sector and considered as the cleanest grade of sulfuric acid.

The global electronic grade sulfuric acid market segmentation:

1) by Grade: PPT and PPB.

2) Application: Semiconductors, PCB Panels, and Others.

North America Leads Electronic Grade Sulfuric Acid Market:
North America is expected to hold highest market share in the global electronic grade sulfuric acid market over the forecast years due to surge in major projects in the electronic core area. The rise in industry and urbanization in this region is likely to boost demand for semiconductor-based gadgets. Furthermore, China is a major producer of electrical products and automobiles. The expansion of the market in Asia Pacific is expected to be fueled by an increase in the number of foreign firms joining the market and an increase in manufacturing capacity.

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The electronic grade sulfuric acid market key players are PVS Chemicals Belgium, BASF SE, Ineos Group Holdings S.A., KMG Chemicals, Kanto Chemical Co. Inc., Trident Group, Linde PLC, PVS Chemicals Inc., Reagent Chemicals, Moses Lake Industries, Chung HWA Chemicals Industrial Works, Ltd., Jiangyin Jianghuamicro Electronics Material Co. Ltd., Aurubis.

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