The Global Semiconductor Etching Chemicals Market was valued at USD 2.84 Billion in 2023 and is projected to reach USD 5.17 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period (2024–2032). This growth is driven by increasing demand for advanced chips, expansion of 5G infrastructure, and the rapid adoption of AI/ML technologies requiring specialized semiconductor fabrication.
As semiconductor nodes shrink below 7nm and new materials like gallium nitride (GaN) gain prominence, etching chemical manufacturers are innovating at unprecedented rates. In this analysis, we examine the Top 10 Companies in the Semiconductor Etching Chemicals Industry—chemical specialists and electronics material giants shaping the future of microelectronics manufacturing.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Wet and dry etching chemicals for semiconductor, display manufacturing
BASF’s Electronics Materials division provides advanced etching solutions for front-end semiconductor processes. Their product portfolio includes high-purity acids, solvents, and specialty chemicals tailored for advanced node patterning.
Technology Leadership:
- Developed low-k dielectric etchants for 5nm/3nm nodes
- Pioneering copper/low-k interconnect solutions
- Strategic partnerships with leading EUV lithography equipment makers
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9️⃣ 2. Stella Chemifa Corporation
Headquarters: Osaka, Japan
Key Offering: Ultra-high purity hydrogen fluoride (HF), buffered oxide etch (BOE)
As Japan’s leading electronic-grade chemical producer, Stella Chemifa supplies mission-critical etching agents to major foundries. Its proprietary purification technologies enable ppb-level impurity control.
Technology Leadership:
- World’s first to commercialize 99.999999% purity HF
- Patent-pending containerless liquid delivery systems
- On-site chemical management at client fabs
8️⃣ 3. Entegris, Inc.
Headquarters: Billerica, Massachusetts, USA
Key Offering: Etchants, photoresist strippers, CMP slurries
Entegris provides integrated materials solutions spanning deposition, etch, and planarization processes. Its acquisition of CMC Materials significantly expanded its etch portfolio.
Technology Leadership:
- Industry’s lowest particle count etch chemicals
- Closed-loop recycling systems for fab sustainability
- AI-driven contamination monitoring solutions
7️⃣ 4. Solvay SA
Headquarters: Brussels, Belgium
Key Offering: Specialty gases, advanced silicon etchants
Solvay’s performance chemicals division develops etch solutions for compound semiconductors and MEMS applications. Their fluorine-based products enable precise anisotropic etching.
Technology Leadership:
- Leading supplier of SF6/CF4/N2 blends for deep silicon etching
- Proprietary additives for profile control
- Waste abatement systems integration
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6️⃣ 5. Honeywell Electronic Materials
Headquarters: Morris Plains, New Jersey, USA
Key Offering: High-purity acids, solvents, photoresist developers
Honeywell’s electronic materials business supplies critical etching chemicals to top-tier semiconductor manufacturers worldwide, with particular strength in North America and Asia.
Technology Leadership:
- Patent-protected purification processes
- Bulk chemical delivery systems
- ISO Class 1 cleanroom packaging
5️⃣ 6. Mitsubishi Chemical Corporation
Headquarters: Tokyo, Japan
Key Offering: Wet etchants, CMP slurries, cleaning chemicals
Mitsubishi Chemical provides comprehensive etch solutions through its extensive petrochemical infrastructure. The company invests heavily in next-generation EUV-compatible chemistries.
Technology Leadership:
- Advanced oxide/nitride selective etch formulations
- Copper/low-k compatibility enhancements
- Closed-loop recycling initiatives
4️⃣ 7. Israel Chemicals Ltd (ICL)
Headquarters: Tel Aviv, Israel
Key Offering: High-purity fluorine compounds, bromine-based etchants
ICL Industrial Products supplies specialty gases and etching chemicals optimized for advanced semiconductor manufacturing. The company holds 132 patents related to etching chemistries.
Technology Leadership:
- Market leader in fluorine gas supply for plasma etching
- Bromine chemistry innovations for 3D NAND applications
- Zero-waste production processes
3️⃣ 8. Daikin Industries
Headquarters: Osaka, Japan
Key Offering: Fluorocarbon gases, rare gas mixtures
Daikin’s Electronic Materials Division specializes in dry etch gases for advanced semiconductor processes. Their products enable critical patterning steps in leading-edge logic and memory chips.
Technology Leadership:
- Global leader in C4F6/C5F8 production
- Cutting-edge gas purification technologies
- Strategic alliances with major etch equipment manufacturers
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2️⃣ 9. Kanto Chemical Co., Inc.
Headquarters: Tokyo, Japan
Key Offering: Ultra-pure acids, solvent blends, specialty mixtures
Kanto Chemical produces high-purity etching chemicals with contamination levels below 1ppb. The company serves semiconductor, display and photovoltaic manufacturers across Asia.
Technology Leadership:
- Industry-leading metal impurity control
- Custom chemical formulations
- On-site purification systems
1️⃣ 10. Fujifilm Electronic Materials
Headquarters: Tokyo, Japan
Key Offering: Wet etchants, cleaning solutions, CMP formulations
Fujifilm supplies advanced wet etching chemistries for compound semiconductors and specialty applications. Their materials help achieve angstrom-level precision in advanced packaging.
Technology Leadership:
- Gallium nitride (GaN) selective etch solutions
- Low-defect cleaning technologies
- Proprietary additive packages for profile control
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🌍 Outlook: The Future of Semiconductor Etching Is More Precise and Sustainable
The semiconductor etching chemicals market is undergoing significant transformation. As device geometries shrink below 3nm and new materials enter production, chemical suppliers face both challenges and opportunities.
📈 Key Trends Shaping the Market:
- Rising demand for atomic-layer selective etchants
- Growing adoption of alternative etch gases for environmental compliance
- Increased R&D investment in dry etch solutions for 3D architectures
- Expansion of production capacity in China and Southeast Asia
The companies profiled above represent the vanguard of etching technology development – providing the critical materials that enable Moore’s Law to continue.
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