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Electronic Materials and Chemicals Market - Changing Supply And Demand Scenarios By 2024

Electronic materials & chemicals are an essential part of electronic device manufacturing process. Increasing technological advancements in manufacturing electronic products owing to rising consumer demand for high-tech goods is expected to propel demand for the product over the forecast period. The Global Electronics Materials & Chemicals Market is expected to reach USD 81.05 billion by 2024, according to a new report by Grand View Research, Inc. The consumer electronics segment is anticipated to drive market growth owing to significant demand particularly in emerging economies including India, Indonesia, and Vietnam. China is the largest manufacturer of consumer electronics and is a major consumer of semiconductors and PCB. This trend is expected to continue over the forecast owing to the growing emergence of low-cost manufacturers in the country. Rising R&D initiatives employed by manufacturers to develop advanced electronic materials which provide superior perform...