Lucintel's latest market report analyzed that electronic wet chemicals provides attractive opportunities in the consumer goods, automotive, aerospace & defense, and medical industries. The electronic wet chemicals market is expected to reach $3.5 billion by 2028 with a CAGR of 4% to 6%. In this market, liquid is the largest segment by form, whereas consumer goods is largest by end use industry.

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Based on form, the electronic wet chemicals market is segmented into liquid, solid, and gas. The liquid segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage of wet chemical in cleaning and etching application in semiconductors and PCB markets.

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The Electronic Wet Chemicals Market is marked by the presence of several big and small players. Some of the prominent players offering electronic wet chemicals include AvantorInc, BASF SE, CMC Materials Inc, Honeywell International Inc, Kanto Chemical Co. Inc, Eastman, and Solvay.

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