Electronic Grade Sulfuric Acid Market Share

Regionally, the electronic grade sulfuric acid market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is likely to hold largest revenue share by 2036, owing to presence of major electronics manufacturers in the region, backed by large consumer base and cheap labor. Moreover, increasing production of sulfuric acid, supported by the easy availability of raw materials in the region, is anticipated to boost the market growth. The market in the North America is projected to hold a significant share in the electronic grade sulfuric acid market, during the forecast period, on the back of increasing demand for electronic devices backed by high disposable income, coupled with growing chemical industry in the region.