Electronic Grade Hydrogen Peroxide Market Size

Electronic Grade Hydrogen Peroxide Market size was over USD 1.07 Billion in 2023 and is poised to cross USD 2.64 Billion by 2036, witnessing more than 7.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of electronic grade hydrogen peroxide is evaluated at USD 1.14 Billion. In a range of processes including cleansing, etching, and so on, wet chemicals have great potential. As regards all wet chemicals, hydrogen peroxide has been shown to be the most promising cleaning agent.

In order to offer a crystallized silicon water surface, there has been an increased number of process steps in the Chemical mechanical planarization process due to the greater need for effective and large-speed processing with smaller size. As a result of its superior disinfectant properties, hydrogen peroxide has been chosen by semiconductor producers as one of their disinfection agents. This factor is bolstering the market growth of electronic-grade hydrogen peroxide.