High Purity Solvent for Semiconductor Market Size Driven by Rising Demand from IDM Companies and Wafer Foundries | Valuates Reports

High Purity Solvent for Semiconductor Market Size
The global market for High Purity Solvent for Semiconductor was valued at US$ 2983 million in the year 2024 and is projected to reach a revised size of US$ 3944 million by 2031, growing at a CAGR of 4.1% during the forecast period.

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The High Purity Solvent for Semiconductor Market is witnessing robust growth, fueled by the rapid expansion of the semiconductor industry, increasing wafer production, and rising demand for advanced cleaning and etching solutions. High purity solvents are essential in semiconductor manufacturing to ensure defect-free wafers, improved device performance, and higher yield rates.

By type, the market is segmented into High Purity Isopropanol, High-Purity Hydrofluoric Acid, High Purity N-Butyl Acetate, High Purity Hydrogen Peroxide, and others. Among these, high purity isopropanol is widely used for wafer cleaning due to its strong degreasing and particle removal capability, while high-purity hydrofluoric acid plays a critical role in oxide etching and surface preparation. The demand for specialty solvents like N-butyl acetate and hydrogen peroxide is also accelerating with advancements in next-generation semiconductor technologies.

By application, the market is divided into IDM (Integrated Device Manufacturer) companies and wafer foundries. Wafer foundries are expected to dominate the market share owing to the rapid growth in outsourcing semiconductor production, while IDM companies continue to invest in high-purity chemical supply chains to meet stringent process requirements.

The global High Purity Solvent for Semiconductor market outlook indicates substantial growth opportunities ahead, driven by surging semiconductor demand for 5G, AI, electric vehicles, and consumer electronics. With rising investments in fabs across Asia-Pacific, North America, and Europe, the adoption of high-purity solvents is projected to accelerate, making them a critical enabler of next-generation semiconductor manufacturing.

by Type

• High Purity Isopropanol
• High-Purity Hydrofluoric Acid
• High Purity N-Butyl Acetate
• High Purity Hydrogen Peroxide
• Others

by Application

• IDM Companies
• Wafer Foundry

By Company

Mitsui Chemicals, Solvay, Stella Chemifa, Fujifilm, Chang Chun Group, Honeywell, BASF, Sumitomo Chemical, ExxonMobil Chemical, LG Chem, Tokuyama, FDAC, Asia Union Electronic Chemicals, Morita, Santoku Chemical, Kanto Chemical, Jianghua Micro-Electronic Materials, Crystal Clear Electronic Material, Zhejiang Xinhua Chemical

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