Electronic Specialty Gases Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Electronic specialty gases are essential components in the manufacturing of various electronic devices and components, including semiconductors, display devices, LED panels, and solar panels. These gases are also used in electrical equipment such as transformers and circuit breakers. The rise of new-age products in the electronics industry, such as wearables, and technological advances in connected homes, control systems, and connected industrial systems, are driving the growth of the electronic specialty gases market.

Rising Demand for Energy-Efficient Lighting Systems to Fuel Market Growth

One of the major end uses for electronic specialty gases is in the production of LED lights. The adoption of solid-state lighting is rapidly growing, which is expected to propel the growth of the electronic specialty gases market. This growth is attributed to the increased use of LEDs for LCD television backlighting and general illumination purposes, where LED lights are increasingly replacing traditional lighting methods such as sodium vapor lamps and incandescent tubes.

Electronic specialty gases are crucial in LED manufacturing, facilitating the epitaxial deposition of active semiconductive layers, which give LEDs their characteristic brightness. The energy efficiency of LED lights is another key driver, increasing the adoption of electronic specialty gases in both commercial and residential applications, thereby boosting market growth.

Efficient Display Panels: An Emerging Trend in the Market

Consumer electronics, including televisions, personal computers, and smartphones, have increased the demand for high-quality display panels. Technological innovations in the video industry, such as 4K and high-definition display systems, have further fueled this demand.

Electronic specialty gases play a significant role in the display panel industry, used as cleaning agents and in the manufacture of metal oxide transistors, which enable superior display technologies such as ultra-high-definition displays, 3D displays, LCD displays, and OLED display screens. This application is a key factor driving the growth of the electronic specialty gases market.

Challenges: Slowdown of the Manufacturing Sector

The recent slowdown in the manufacturing sector and the possibility of a global recession pose challenges to the growth of the electronic specialty gases market. The manufacturing sector is the primary end-user of electronic specialty gases, accounting for a significant portion of global sales.

Trade tensions between major economies have negatively impacted the global electronics manufacturing industry. For instance, reduced demand from one major economy has led to a significant drop in exports from another leading producer of electronic components. Additionally, weaker economic signals from other major electronic component manufacturing countries are likely to adversely affect the growth of the electronic specialty gases market.

Market Strategy: Consolidation and Innovation

The electronic specialty gases market is relatively consolidated, with major players holding a significant market share in North America. The high entry barrier, due to the capital-intensive nature of the market, gives significant players an advantage. As a result, several small players are often acquired by larger companies.

Changing government regulations mandate market players to innovate and invest in new product developments. For example, Airgas, a subsidiary of Air Liquide, launched a new brand to reinforce its position in the life sciences and healthcare segment, illustrating the ongoing innovation and investment in the market.

Regional Outlook: South Asia and East Asia Leading the Way

The electronic specialty gases market is booming at an impressive rate, with South Asia continuing to hold its lead over the forecast period. East Asia is also expected to contribute significantly to market growth, driven by healthy GDP growth. The electronics manufacturing industry, especially semiconductor manufacturers, are key end-users of electronic specialty gases for etching and cleaning purposes.

Electronic specialty gases are also used for specific applications in the semiconductor industry, such as fixating aluminum layers on silica surfaces. Additionally, these gases find applications in the display panel manufacturing industry, LED panel manufacturing, and solar panel manufacturing.

Key Market Players:

Chemithon Corporation
KPL International Limited
Henan Surface Chemical Industry Co Ltd
KLK OLEO
Wilmar International Ltd.
Stepan Company
Lion Corporation
K2 Industries
Guangzhou Keylink Chemical Co., Ltd.
Sinopec Jinling Petrochemical Co., Ltd.
Others.

The global Electronic Specialty Gases Market has been segmented into:

By Type:

Nitrogen Trifluoride
Tungsten Hexafluoride
Hydrogen Chloride
Ammonia
Disilane
High Purity Carbon Dioxide
SF6
Hexafluorobutadiene
Hydrogen Fluoride
Other Gases

By Application Type:

Semiconductor
Display Panels
LED
Solar Panels
Electrical Equipment

By Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa

1. Executive Summary

1.1. Global Electronic Specialty Gases Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018-2023

3.1. Global Electronic Specialty Gases, Production Output, by Region, 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East & Africa

4. Global Electronic Specialty Gases Market Outlook, 2018 - 2031

4.1. Global Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Nitrogen Trifluoride
  - 4.1.1.2. Tungsten Hexafluoride
  - 4.1.1.3. Hydrogen Chloride
  - 4.1.1.4. Ammonia
  - 4.1.1.5. Disilane
  - 4.1.1.6. High Purity Carbon Dioxide
  - 4.1.1.7. SF6
  - 4.1.1.8. Hexafluorobutadiene
  - 4.1.1.9. Hydrogen Fluoride
  - 4.1.1.10. Other Gases
4.2. Global Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Semiconductor
  - 4.2.1.2. Display Panels
  - 4.2.1.3. LED
  - 4.2.1.4. Solar Panels
  - 4.2.1.5. Electrical Equipment
4.3. Global Electronic Specialty Gases Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Electronic Specialty Gases Market Outlook, 2018 - 2031

5.1. North America Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Nitrogen Trifluoride
  - 5.1.1.2. Tungsten Hexafluoride
  - 5.1.1.3. Hydrogen Chloride
  - 5.1.1.4. Ammonia
  - 5.1.1.5. Disilane
  - 5.1.1.6. High Purity Carbon Dioxide
  - 5.1.1.7. SF6
  - 5.1.1.8. Hexafluorobutadiene
  - 5.1.1.9. Hydrogen Fluoride
  - 5.1.1.10. Other Gases
5.2. North America Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Semiconductor
  - 5.2.1.2. Display Panels
  - 5.2.1.3. LED
  - 5.2.1.4. Solar Panels
  - 5.2.1.5. Electrical Equipment
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America Electronic Specialty Gases Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. U.S. Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. Canada Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. Canada Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Electronic Specialty Gases Market Outlook, 2018 - 2031

6.1. Europe Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Nitrogen Trifluoride
  - 6.1.1.2. Tungsten Hexafluoride
  - 6.1.1.3. Hydrogen Chloride
  - 6.1.1.4. Ammonia
  - 6.1.1.5. Disilane
  - 6.1.1.6. High Purity Carbon Dioxide
  - 6.1.1.7. SF6
  - 6.1.1.8. Hexafluorobutadiene
  - 6.1.1.9. Hydrogen Fluoride
  - 6.1.1.10. Other Gases
6.2. Europe Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Semiconductor
  - 6.2.1.2. Display Panels
  - 6.2.1.3. LED
  - 6.2.1.4. Solar Panels
  - 6.2.1.5. Electrical Equipment
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Europe Electronic Specialty Gases Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. Germany Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. U.K. Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. U.K. Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. France Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. France Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. Italy Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. Italy Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Turkey Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Turkey Electronic Specialty Gases Market End-use Industry, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Russia Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Russia Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.13. Rest of Europe Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.14. Rest of Europe Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Electronic Specialty Gases Market Outlook, 2018 - 2031

7.1. Asia Pacific Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Nitrogen Trifluoride
  - 7.1.1.2. Tungsten Hexafluoride
  - 7.1.1.3. Hydrogen Chloride
  - 7.1.1.4. Ammonia
  - 7.1.1.5. Disilane
  - 7.1.1.6. High Purity Carbon Dioxide
  - 7.1.1.7. SF6
  - 7.1.1.8. Hexafluorobutadiene
  - 7.1.1.9. Hydrogen Fluoride
  - 7.1.1.10. Other Gases
7.2. Asia Pacific Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Semiconductor
  - 7.2.1.2. Display Panels
  - 7.2.1.3. LED
  - 7.2.1.4. Solar Panels
  - 7.2.1.5. Electrical Equipment
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific Electronic Specialty Gases Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. China Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Japan Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Japan Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. South Korea Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. South Korea Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. India Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. India Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.9. Southeast Asia Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.10. Southeast Asia Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.11. Rest of Asia Pacific Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.12. Rest of Asia Pacific Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Electronic Specialty Gases Market Outlook, 2018 - 2031

8.1. Latin America Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Nitrogen Trifluoride
  - 8.1.1.2. Tungsten Hexafluoride
  - 8.1.1.3. Hydrogen Chloride
  - 8.1.1.4. Ammonia
  - 8.1.1.5. Disilane
  - 8.1.1.6. High Purity Carbon Dioxide
  - 8.1.1.7. SF6
  - 8.1.1.8. Hexafluorobutadiene
  - 8.1.1.9. Hydrogen Fluoride
  - 8.1.1.10. Other Gases
8.2. Latin America Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America Electronic Specialty Gases Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. Brazil Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. Mexico Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. Mexico Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Argentina Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Argentina Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Rest of Latin America Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Rest of Latin America Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Electronic Specialty Gases Market Outlook, 2018 - 2031

9.1. Middle East & Africa Electronic Specialty Gases Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Nitrogen Trifluoride
  - 9.1.1.2. Tungsten Hexafluoride
  - 9.1.1.3. Hydrogen Chloride
  - 9.1.1.4. Ammonia
  - 9.1.1.5. Disilane
  - 9.1.1.6. High Purity Carbon Dioxide
  - 9.1.1.7. SF6
  - 9.1.1.8. Hexafluorobutadiene
  - 9.1.1.9. Hydrogen Fluoride
  - 9.1.1.10. Other Gases
9.2. Middle East & Africa Electronic Specialty Gases Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Semiconductor
  - 9.2.1.2. Display Panels
  - 9.2.1.3. LED
  - 9.2.1.4. Solar Panels
  - 9.2.1.5. Electrical Equipment
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa Electronic Specialty Gases Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.2. GCC Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.3. GCC Electronic Specialty Gases Market Purity, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.4. South Africa Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.5. South Africa Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.6. Egypt Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.7. Egypt Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.8. Nigeria Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.9. Nigeria Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Electronic Specialty Gases Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.11. Rest of Middle East & Africa Electronic Specialty Gases Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1.Purity vs Application Heatmap 10.2.Manufacturer vs Application Heatmap 10.3.Company Market Share Analysis, 2022 10.4.Competitive Dashboard
10.5.Company Profiles
- 10.5.1. Air Products and Chemicals, Inc.
  - 10.5.1.1. Company Overview
  - 10.5.1.2. Product Portfolio
  - 10.5.1.3. Financial Overview
  - 10.5.1.4. Business Strategies and Development
- 10.5.2. The Linde Group
- 10.5.3. Air Liquide S A
- 10.5.4. Showa Denko K K
- 10.5.5. Taiyo Nippon Sanso Corporation
- 10.5.6. SCI Analytical Laboratories
- 10.5.7. Spec Air Specialty Gases
- 10.5.8. Chengdu Taiyu Industrial Gases Co. Ltd.
- 10.5.9. Chemix Specialty Gases & Equipment
- 10.5.10. American Gas Products

11. Appendix

11.1.Research Methodology 11.2.Report Assumptions
11.3.Acronyms and Abbreviations

List of Region/Countries

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Turkey
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa