China Electronic Grade Sulfuric Acid Market - Forecast(2021 - 2026)
China electronic grade sulfuric acid market size is forecast to reach US$96.8 million by 2026, after growing at a CAGR of 7.2% during 2021-2026. Electronic grade sulfuric acid is specifically manufactured for electronic industrial applications. The acid primarily finds its usage in semiconductors and ultra-large-scale integrated circuit assembly and processing. The growing demand for electronic devices in China is driving the market growth for electronic sulfuric acid during the forecast period. The growing demand for printed circuit boards and semiconductors among end-use industries such as automotive, telecommunication and home appliances are supporting the market growth for China electronic grade sulfuric acid between 2021-2026. Growing technological advancements in China along with the presence of electronic manufacturers are positively driving the market for electronic grade sulfuric acid in China. However, high energy consumption and the cost of production of electronic grade su...