Press Release

Global Electronic Grade Nitric Acid Market to Surpass USD 165.9 Million by 2035

Pune, India – January 4, 2026 – Global Data Route Analytics announces the release of its latest market intelligence report on the Global Electronic Grade Nitric Acid Market, highlighting sustained growth driven by rising demand from semiconductor manufacturing and advanced electronics applications.

According to the analysis, the global electronic grade nitric acid market was valued at approximately USD 96.4 million in 2024 and is projected to surpass USD 165.9 million by 2035, expanding at a consistent CAGR of about 6.8% over the forecast period. This growth trajectory reflects the increasing importance of ultra-high-purity chemicals in next-generation electronics production.

Electronic grade nitric acid plays a critical role in semiconductor manufacturing, photovoltaic cells, printed circuit boards (PCBs), display panels, and etching and cleaning processes, where stringent purity and performance requirements are non-negotiable. As device architectures become smaller and more complex, demand for high-purity nitric acid continues to intensify across global fabrication facilities.

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The report further emphasizes that ongoing innovation in consumer electronics, expanding semiconductor capacity, and the transition toward advanced node manufacturing are reinforcing market expansion. Quality assurance standards and process efficiency requirements are pushing manufacturers to adopt electronic grade nitric acid over lower-grade alternatives.

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Market Segmentation Highlights

  • By Product Grade: Electronic Grade Nitric Acid, Industrial Grade Nitric Acid
  • By Application: Semiconductor Manufacturing, Photovoltaic Cells, Printed Circuit Boards (PCBs), Etching and Cleaning Processes, Display Panels, Others
  • By Purity Level: 69% and above, 60%–69%, Below 60%
  • By Region: North America, Europe, Asia-Pacific, Middle East & Africa, South America

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Competitive Landscape

The market features a mix of global chemical majors and regional producers focused on high-purity chemical solutions. Key players profiled in the report include:

  • BASF SE
  • DuPont de Nemours, Inc.
  • Nouryon (formerly AkzoNobel Specialty Chemicals)
  • INEOS Group AG
  • Mitsui Chemicals, Inc.
  • LG Chem Ltd.
  • Shandong Haihua Group Co., Ltd.
  • Solvay SA
  • Occidental Petroleum Corporation
  • Akzo Nobel N.V.
  • Westlake Chemical Corporation
  • Chemours Company
  • Yara International ASA

Competitive strategies center on purity enhancement, capacity expansion, and long-term supply agreements with semiconductor manufacturers.

About Global Data Route Analytics

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:
Srushti Tungar
Global Data Route Analytics