Research and Markets: Global Electronic Chemicals and Materials Market 2014-2018: Market Size and CAGR

Research and Markets (http://www.researchandmarkets.com/research/c62wpw/global_electronic) has announced the addition of the "Global Electronic Chemicals and Materials Market 2014-2018" report to their offering.

The analysts forecast the Global Electronic Chemicals and Materials market to grow at a CAGR of 5.69 percent over the period 2013-2018. One of the key factors contributing to this market growth is the high demand for high-purity chemicals and materials that are used in manufacturing ICs and PCBs. The Global Electronic Chemicals and Materials market has also been witnessing the increased focus on R&D that has led to the emergence of new, high-performance electronic chemicals and materials. However, the increased competition and pricing war among vendors could pose a challenge to the growth of this market.

Key vendors dominating this space are Air Products and Chemicals Inc., BASF SE, Shin-Etsu Chemical Co., and The Dow Chemical Co.

Other vendors mentioned in the report are AZ Electronic Materials S.A., Cabot Microelectronics Corp., Hitachi Chemicals Co. Ltd., JSR Corp., Kanto Chemical Co. Inc., KMG Chemicals Inc., Sumitomo Chemical Group, and Tokyo Ohka Kogyo Co. Ltd.

Commenting on the report, an analyst from the team said: Small and mid-sized vendors are less able to increase their production capacity and adopt new technologies than larger competitors. The rapid growth of the Global Electronic Chemicals and Materials market has led to an increase in the number of mergers and acquisitions among the vendors, which has provided key players with opportunities to expand their market share. This trend is expected to help vendors grow as well as gain access to new processes and technologies, and therefore it is expected to have a positive impact on the growth of the market during the forecast period.

For more information visit http://www.researchandmarkets.com/research/c62wpw/global_electronic

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Sector: Chemicals