India, July 11 -- Wet chemicals in the semiconductor market was valued at USD 1146 million in the year 2024, and is projected to reach a revised size of USD 1735 million by 2031, growing at a CAGR of 6.2% during the forecast period.

Factors driving growth

The wet chemicals in semiconductor market is on a strong upward trajectory, driven by miniaturization trends, expanding fabrication capacities, and the rising complexity of chip production. These chemicals are foundational to critical manufacturing steps and are evolving to match the demands of advanced technology nodes.

The market benefits from growing end-use industries like consumer electronics, automotive, and industrial automation. Innovations in formulation, coupled with increas...