At a compound annual growth rate (CAGR) of 8.5%, the size of the report “Electronic Filtration Market by Type (Gas Filter, Liquid Filter, Air Filter), Filter Material, Filtration Technologies, Application, End-use Industry (Consumer Electronics, Industrial Electronics, Semiconductors), and Region – Global Forecast to 2028” is expected to increase from USD 4.0 billion in 2023 to USD 6.0 billion by 2028. The rising need for semiconductors across a range of end-use industries, the need for ultra-pure water in microelectronics, and improved cleanroom conditions in the semiconductor and microelectronics manufacturing sectors are the main factors propelling the electronic filtration industry. The market is likely to be restrained by the high costs of advanced filtrations and the disposal of trash produced during the filtration process. In contrast, the development of data centers and the use of nanocomposite membranes
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- 150 Market data Tables
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Some of the prominent key players are:
- Pall Corporation (US)
- Entegris, Inc. (US)
- 3M (US)
- CobetterFiltration (China)
- Parker Hannifin (US)
Driver: Growing demand for semiconductors in various end-use industries
The expansion of the semiconductor industry serves as a key driver in the electronics filtration market. With its pervasive contribution to the global economy, the semiconductor sector plays a critical role, accounting for 0.5% of the USD 105 trillion global GDP. Filtration processes are indispensable at every stage of semiconductor manufacturing, ensuring pristine environments and flawless processes. In the intricate world of chip production, where precision is paramount, filtration plays a pivotal role in maintaining the purity of manufacturing environments. From the initial stages of etching delicate circuits onto semiconductor wafers to the final step of polishing wafer surfaces, each phase relies on precise and efficient filtration systems. These systems are designed to eliminate contaminants that could compromise the integrity and functionality of the semiconductor chips. Contaminants in chip production encompass microscopic particles, chemical impurities, and trace elements of gases. Even the minutest amount of these contaminants can disrupt the intricate dance of electrons within a chip. The consequences of such disruptions can range from malfunctions to reduced performance, emphasizing the critical importance of effective filtration in preserving the quality of semiconductor components.
The increased demand for semiconductors, propelled by the surge in electronic consumption across diverse sectors such as consumer goods, automotive, healthcare, and artificial intelligence, serves as a pivotal catalyst for the electronics filtration market. The escalating need for semiconductors to power an array of technological innovations underscores the critical role of filtration solutions in chip production. The consumer electronics industry, driven by an ever-evolving landscape of smartphones, smart appliances, and other electronic gadgets, contributes significantly to the increased demand for semiconductors. The automotive sector’s integration of advanced technologies, including electric vehicles and autonomous driving systems, further amplifies the reliance on semiconductors. Artificial intelligence (AI), being at the forefront of technological advancements, relies heavily on semiconductors to support complex computations and machine learning algorithms. As AI applications continue to permeate various industries, the demand for semiconductors will concurrently rise, exerting additional pressure on the electronics filtration market to provide robust solutions that maintain the integrity of semiconductor production environments.
The wet etching & cleaning process application is the second fastest growing filter application type in the electronic filtration market during the forecast period.
The wet etching & cleaning process application is the second fastest growing filter application type in the electronic filtration market due to its critical role in semiconductor manufacturing. As electronic components become smaller and more intricate, the need for precise and contamination-free processes intensifies. The growing semiconductor industry’s demand for efficient wet etching and cleaning processes drives the rapid adoption of advanced filtration technologies in this specific application.
Asia Pacific is the fastest growing in the electronic filtration market, in terms of value.
Asia Pacific stands as the fastest-growing region in the electronic filtration market due to due to robust industrialization, urbanization, and heightened environmental concerns. As industries expand, there’s a growing need for effective air and water filtration systems. Stringent regulations to curb pollution further drive demand. The region’s dynamic economic growth and increasing awareness of health and environmental issues contribute to the rapid expansion of electronic filtration technologies in the Asia Pacific market.
