Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Electronic Grade Sulfuric Acid Market size was over USD 416.97 million in 2024 and is projected to reach USD 957.08 million by 2037, witnessing around 6.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of electronic grade sulfuric acid is assessed at USD 440.36 million.
The growth of the market can be attributed to the varied application of the electronic grade sulfuric acid, including the manufacturing of semiconductors, PCB panels, fertilizers, and others. Rising demand for smartphones, laptops, and other electronic devices that require PCB panels and semiconductors, is estimated to drive the market growth. More than 1.4 billion smartphones were sold in 2020, and is estimated to cross 1.5 billion smartphones by the end of 2021. Electronic grade sulfuric acid is very strong and pure in nature, with the concentration above 95%. The changing trends in the electronics market, coupled with rapid global digitalization, is anticipated to boost the electronic grade sulfuric acid market growth.
