Electronic Grade Citric Acid Market size is estimated to be USD 300 Million in 2024 and is expected to reach USD 450 Million by 2033 at a CAGR of 5% from 2026 to 2033.
The global electronic grade citric acid market has experienced significant growth, with its size valued at USD 0.8 billion in 2023 and projected to reach USD 4.01 billion by 2031, reflecting a compound annual growth rate (CAGR) of 20% from 2024 to 2031. This expansion is driven by the increasing demand for high purity cleaning agents in semiconductor manufacturing and electronics cleaning applications. Asia Pacific dominates the market, accounting for the largest revenue share of 35.0% in 2022, attributed to rapid industrialization and urbanization fueling the electronics industry. North America and Europe also hold significant market shares, supported by advancements in electronics manufacturing and stringent environmental regulations promoting the use of eco friendly cleaning agents. Opportunities within the electronic grade citric acid market are abundant, particularly in regions with expanding electronics and semiconductor industries. The Asia Pacific region, led by countries such as China, Japan, and South Korea, is expected to continue its dominance due to the concentration of electronics manufacturing hubs and favorable government policies. Additionally, the increasing focus on sustainability and environmental concerns globally is propelling the adoption of biodegradable and environmentally friendly compounds like citric acid over traditional cleaning agents containing harsh chemicals. The growing automotive and aerospace sectors further contribute to market expansion, as electronic grade citric acid is utilized for metal surface treatment and cleaning of precision components, ensuring safety and performance in these industries.
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Industrial Gases
BASF
Arkema
Ashland
Do-Fluoride Chemicals
Eastman Chemical Company
FUJIFILM Corporation
Greenda Chemical
Honeywell
Israel Chemicals
Jiangyin Jianghua Microelectronics Materials
Kanto Chemical
LG Chem
Merck
Mitsubishi Chemical
Sanmei
Fujian Shaowu Yongfei Chemical
Shaowu Huaxin Chemical Industry
Solvay
Sumitomo Chemical
Suzhou Crystal Clear Chemical
TOKYO OHKA KOGYO
Wako Pure Chemical
Yingpeng Group
Zhejiang Kaiheng Electronic Materials
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electronic Grade Citric Acid Market
Food and Beverage Industry
Pharmaceuticals
Cosmetics and Personal Care
Electronics Manufacturing
Cleaning Products
Above 99%
Above 98%
Above 95%
Powdered Citric Acid
Liquid Citric Acid
Granulated Citric Acid
Fermentation
Synthetic Production
Consumer Electronics
Medical Devices
Food Processing
Surface Treatment
Agriculture
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electronic Grade Citric Acid Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electronic Grade Citric Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electronic Grade Citric Acid Market, By Type
6. Global Electronic Grade Citric Acid Market, By Application
7. Global Electronic Grade Citric Acid Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electronic Grade Citric Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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