Global Semiconductor Grade Nitric Acid Market Size By Type (VL Grade, EL Grade), By Application (Cleaning, Etching), By Geographic Scope And Forecast

Semiconductor Grade Nitric Acid Market Size And Forecast

Semiconductor Grade Nitric Acid Market size was valued at USD 80 Million in 2023 and is projected to reach USD 110.9 Million by 2030, growing at a CAGR of 5.63% during the forecast period 2024-2030.

A significant investment is anticipated to result in market expansion in the semiconductor sector, which is one of the key factors. Over the projection period, a surge in LED lights, RAM devices, and applications will fuel the demand for nitric acid. The Global Semiconductor Grade Nitric Acid Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Semiconductor Grade Nitric Acid Market Definition

Semiconductor Grade Nitric Acid is a mixture of nitrogen and oxygen. HN03 is its chemical formula. This solution, which has the appearance of being transparent and colourless, serves as a crucial building block for many different applications, including the production of semiconductors, solar cells, and LCD panels, among others. In addition, there has been a sharp increase in demand for semiconductor-grade nitric acid worldwide.

An inorganic substance known as EL Grade has the chemical formula HN03. It is renowned for being visually colourless and odourless, which makes it perfect for producing semiconductors among other things. In addition to having a purity level above 99%, this grade also has additional contaminants and water content levels that are fewer than 0.025 ppm. Additionally, it is primarily employed in the production of semiconductors.

An inorganic substance having the chemical formula HN03 is VL Grade. Its purity ranges from 99 to 98%, while additional contaminants such as less than 0.01 ppm of water content are also present. Additionally, it is mostly employed in the production of medications and other goods. It is also noted for having an odourless look and being colourless.

High purity liquids like UL grade nitric acid have a minimum purity level of 99.95% and include less than 0.05% contaminants like chlorine, nitrogen dioxide, and hydrogen chloride.

It can be applied to the semiconductor industry’s production process, which necessitates a little amount of contamination to guarantee the product’s quality. Nitric acid that meets UL standards for purity has a minimum purity level of 99.95% and contains no more than 0.05% contaminants such as chlorine, nitrogen dioxide, and hydrogen chloride.

Global Semiconductor Grade Nitric Acid Market Overview

SL grade consists of 72% to 78% pure HNO and is a highly concentrated form of nitric acid. It can be utilised in solar energy and semiconductor applications. The main applications for SL Grade Nitric Acid include cleaning silicon wafers, etching glass, and LCD panels. It is anticipated that SL Grade Nitric Acid will be utilised in high-growth industries including solar energy and LCD panels.

A significant investment is anticipated to result in market expansion in the semiconductor sector, which is one of the key factors. Over the projection period, a surge in LED lights, RAM devices, and applications will fuel the demand for nitric acid.

During this time, product penetration would be aided by growing worries about environmental pollution and the release of greenhouse gases as a result of growing industrialization. Over the projected period, it is anticipated that falling semiconductor grade nitric acid prices in emerging nations will boost demand for these goods. Increasing investments in developing countries are anticipated to open up new markets throughout this period.

These days, semiconductor devices have narrower line widths and are more sensitive to low-level contaminants. In the semiconductor industry, nitric acid (HNO3) is frequently used with hydrofluoric acid (HF) to modify diffusion-limited or rate-limited etching. In front-end processing, the combination is frequently employed to etch and expose the crucial layer. The creation of real devices, like as transistors and resistors, occurs at this step. Preparing the wafer surface, growing silicon dioxide (SiO2), patterning and subsequent diffusion or implantation of dopants to achieve the appropriate electrical characteristics, growing or deposition of a gate dielectric, and etching are all examples of common front-end processes. An IC device’s reliability would suffer if there were any metal impurities present. Nitric acid must be of the highest purity and quality because it is frequently used in semiconductor laboratories to analyse other semiconductor materials. The maximum concentration of metal impurities by element and tier for nitric acid is specified in SEMI Standard C35-0708.

Global Semiconductor Grade Nitric Acid Market Segmentation Analysis

The Global Semiconductor Grade Nitric Acid Market is Segmented based on Type, Application, and Geography.

Semiconductor Grade Nitric Acid Market, By Type

• VL Grade• EL Grade• Others

Based on Type, the market is segmented into VL Grade, EL Grade, and Others.

Semiconductor Grade Nitric Acid Market, By Application

• Cleaning• Etching

Based on the Application, the market is segmented into cleaning and etching.

Semiconductor Grade Nitric Acid Market, By Geography

• North America• Europe• The Asia Pacific• Rest of the world

Based on regional analysis, the Global Semiconductor Grade Nitric Acid Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Semiconductor Grade Nitric Acid Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as KMG Chemicals Inc, CMC Materials, Honeywell International, Kanto Chemical, Technic Inc, AUECC (Linde), and Jiangyin Jianghua Microelectronics Materials.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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