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Etching Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Etching Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !Etching refers to the removal of unwanted materials from a metal plate, usually copper, to form designs, which are incised by acids. Chemical etching is a highly precise manufacturing process used to produce high-precision metal parts. This manufacturing method is further used for photo etching and electro-chemical etching. Chemical etching has various benefits such as it is cost-efficient with shorter lead time and possesses more design flexibility. This process is used in fabrication of components as well as micromachining to produce tiny sized components. It is an ideal choice for precision metal part manufacturing, regardless of prototyping or industrial production. Etched components are free from stresses and burrs with no mechanical force or heat used, retaining the material properties.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Million (USD) |
Segments covered | Type, Application, End-use Industry, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), and LAMEA (Brazil, South Africa, and rest of LAMEA) |
Companies covered | SHOWA DENKO, Capchem, Mitsubishi Chemical Corporation, SACHEM, SHENZHEN BOARDTECH CO., LTD, BOYANG CHEMICAL, Solvay, Honeywell, Zeon Corporation, HCCCONCRETE, and BIO DEN CORPORATION |
COVID-19 scenario analysis
The novel coronavirus (COVID-19) outbreak has hampered the economic growth of countries across the world. The chemical industry has been mostly affected due to COVID-19 outbreak, thereby decreasing the demand for chemicals. The chemical industry plays an important role in the manufacturing of products such as plastic, fertilizers, medicines, and packaging products. With the spread of coronavirus, many production facilities of numerous industries have been shut down. With this, the demand for chemicals used in these facilities has declined. Thus, the outbreak of COVID-19 across the globe is likely to impact the demand for chemicals.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
The companies operating in the etching chemicals market manufacture products such as plastic, fertilizers, medicines, and packaging products. Europe and Asia-Pacific are expected to witness rapid growth, as the demand for etching chemicals is considerably high from the manufacturing and automotive industries. The electronics industry prefers the use of plasma etching over standard liquid-based etching for the production of components. Key drivers of the market are rise in demand for automotive, plastics products, & packaging products.
New product launches to drive the market growth
German sportswear brand Puma launched a collection made with recycled plastic. The Puma and First Mile program diverted about 40 tons of plastic waste from landfills and oceans just for the products made for 2020.With rise in demand for plastic & packaging products and automotive products, the market of etching chemical is anticipated to grow at a substantial rate.
Surge in usage of etching chemicals in industrial applications
The demand for electronics has increased considerably across the globe. For instance, copper and zinc etching chemicals are widely used in electronics components such as battery contacts and springs, due to their superior spring qualities, high fatigue resistance, enhanced formability, and high corrosion resistance. In addition, due to high accuracy, precision, and cost efficiency, etching chemicals are used as alternatives to conventional methods, such as stamping, laser, water jet, or wire EDM, thus positively impacting the market growth.
Key segments covered
Segment | Subsegment |
Type |
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Application |
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End-use Industry |
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Key benefits of the report
- This study presents the analytical depiction of the global etching chemicals market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global etching chemicals market research report:
- Which are the leading market players active in the global etching chemicals market?
- What are the upcoming trends in the market?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
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- Supplies authentic information about market size, share, growth and forecasts
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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