Reports and Insights issued a report recently titled “Electronic Grade Hydrogen Peroxide Market: Opportunity Analysis and Future Assessment 2022-2030” which examines and assesses the market’s status over the forecast period. It is a thorough investigation that focuses on elementary and secondary drivers, leading segments, market size and share, and geographical assessment. The study also provides a comprehensive evaluation at of the leading players, major partnerships and alliances, mergers, and acquisitions, along with the trending innovation and corporate strategies.
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A research report on the Electronic Grade Hydrogen Peroxide market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Electronic Grade Hydrogen Peroxide Introduction
Hydrogen peroxide can be perceived as a chemical composition with the formula H2O2. In simple form, hydrogen peroxide is water (H2O) with an extra oxygen molecule. Basically it is an extremely pale blue liquid in its purest form, little more viscous than water. It is generally employed as a bleaching agent, oxidizer, and antiseptic, typically as a diluted solution (3–6% by weight) in water for consumer use, and in higher concentrations for industrial use. Concentrated hydrogen peroxide, or “high-test peroxide”, decays dynamically when it comes into contact with heat. The industrial hydrogen peroxide has a better performance in oxidizing, bleaching, disinfecting/sterilizing and etching applications than its alternatives, and as well as, it is also environment friendly and cuts back manufacturing cost as it is the only one chemical that is needed. This has further enhanced the demand for industrial hydrogen peroxide for bleaching, sterilizing/disinfecting, oxidizing, and etching applications. Thereby, there has been greater demand for hydrogen peroxide across various industries all around the world.
Hydrogen peroxide can be employed in the semiconductor industry. As per the statistics, the demand for high-purity hydrogen peroxide registers for 10%-15% of the aggregate high-purity reagent intake in the semiconductor industry. Another major factor that is primarily driving the growth of the market can be attributed to the greater complexity in semiconductor chips, which is resultantly boosting the demand for premium quality electronic grade hydrogen peroxide for efficient cleaning and purification of fine geometries and tools. Therefore, the global electronic grade hydrogen peroxide market is projected to achieve significant growth in the coming years.
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Electronic Grade Hydrogen Peroxide Market Segmentation
The global electronic grade hydrogen peroxide market is segmented on the basis of primary function, concentration, contamination level, application, and region
By Primary Function
Etchant (Etching Agent)
Oxidizing & Cleaning Agent
By Concentration
30 – 32 %
Above 32%
By Contamination level
<100 ppb
<10 ppb
<1 ppb
<0.1 ppb
< 0.01 ppb
By Application
Printed Circuit Board Etching
Semiconductor Wafer Cleaning
Flat Panel Display Manufacturing
Photovoltaic Manufacturing
Others
By Region
North America
Latin America
Asia Pacific
Europe
Middle East
Africa
Electronic Grade Hydrogen Peroxide Market Key Players
Some of the key participating players in global Electronic Grade Hydrogen Peroxide market are:
Solvay SA
Arkema, Inc.
Evonik Industries AG
PeroxyChem LLC
Changchun Group
Grasim Industries Limited
Mitsubishi Gas Chemical Company
Akzo Nobel N.V.
Kemira Oyj
OCI Company Ltd
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