The Global Semiconductor Etching Agents Market was valued at USD 1.65 Billion in 2022 and is projected to reach USD 2.45 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2023–2028). This growth is fueled by the relentless demand for smaller, more powerful semiconductor devices, the expansion of 5G infrastructure, and the accelerating adoption of advanced wet and dry etching chemistries for next-generation logic and memory chips.

As the semiconductor industry pushes the boundaries of miniaturization with nodes reaching 3nm and below, the precision and selectivity of etching agents have become critical. In this blog, we profile the Top 10 Companies in the Semiconductor Etching Agents Industry—a mix of global chemical giants and specialized material suppliers shaping the future of microelectronics manufacturing.

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2023-2028 Global and Regional Semiconductor Etching Agents Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Wet Etchants (Acids, Solvents), CMP Slurries, Photoresist Developers

BASF is a global leader in chemical solutions for the semiconductor industry, offering a comprehensive portfolio of high-purity etching agents. Their products are essential for wafer cleaning, surface preparation, and pattern definition in advanced chip fabrication.

Innovation Focus:

• Development of ultra-high-purity chemicals for sub-5nm nodes

• Water-based and environmentally friendly etching formulations

• Strategic collaborations with leading semiconductor manufacturers

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9️⃣ 2. Stella Chemifa Corporation

Headquarters: Osaka, Japan
Key Offering: High-Purity Hydrogen Fluoride (HF), Buffered Oxide Etchants (BOE)

Stella Chemifa is a dominant player in the high-purity fluorine chemical market, supplying critical etching agents like HF, which is indispensable for silicon oxide etching. The company maintains stringent quality control for electronics-grade purity.

Innovation Focus:

• Leading supplier of ultra-high-purity HF for global foundries

• Expansion of production capacity to meet rising demand

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8️⃣ 3. Soulbrain Co., Ltd.

Headquarters: Gyeonggi-do, South Korea
Key Offering: Wet Chemicals, Etchants, Strippers, Cleaners

Soulbrain is a key supplier to South Korea’s massive semiconductor industry, providing essential wet chemicals for etching and cleaning processes. The company is deeply integrated into the supply chains of major memory and logic chip producers.

Innovation Focus:

• Focus on developing chemistries for 3D NAND and DRAM fabrication

• Investment in R&D for next-generation display and semiconductor materials

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7️⃣ 4. KMG Chemicals, Inc. (A part of Cabot Microelectronics)

Headquarters: Houston, Texas, USA
Key Offering: Electronic Chemicals, Ultra-Pure Acids, Solvents

KMG Chemicals, now part of Cabot Microelectronics, provides high-performance electronic chemicals used in wafer processing. Their products are critical for etching, cleaning, and plating applications in semiconductor manufacturing.

Innovation Focus:

• Integration into Cabot’s broader CMP and deposition materials portfolio

• Supply chain strengthening for resilient material sourcing

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6️⃣ 5. Formosa Daikin Advanced Chemicals Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: High-Purity Etching Gases, NF3, WF6

This joint venture leverages Daikin’s fluorine technology and Formosa Plastics’ chemical manufacturing expertise. It is a major supplier of high-purity etching gases essential for dry etching processes in semiconductor fabs.

Innovation Focus:

• Production of key dry etch gases like Nitrogen Trifluoride (NF3)

• Serving the concentrated semiconductor manufacturing base in Taiwan

Download FREE Sample Report:
2023-2028 Global and Regional Semiconductor Etching Agents Industry Status and Prospects Professional Market – View in Detailed Research Report

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5️⃣ 6. Avantor, Inc.

Headquarters: Radnor, Pennsylvania, USA
Key Offering: Ultrapure Reagents, J.T.Baker® brand chemicals, Etching Solutions

Avantor is a leading global provider of ultra-pure materials and solutions for the life sciences and advanced technology sectors. Their J.T.Baker® products are widely used in semiconductor etching and cleaning steps.

Innovation Focus:

• Expansion of high-purity product lines for extreme chip miniaturization

• Digital platforms for streamlined supply chain management

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4️⃣ 7. Zhejiang Morita New Materials Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: Hydrogen Peroxide, Sulfuric Acid, Ammonium Hydroxide for electronics

Zhejiang Morita is a significant Chinese supplier of high-purity chemicals for the semiconductor and display panel industries. The company plays a crucial role in the regional supply chain for essential wet etchants.

Innovation Focus:

• Capacity expansion to support China’s growing semiconductor self-sufficiency goals

• Focus on meeting the purity requirements of leading-edge fabs

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3️⃣ 8. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Electronic Specialty Gases, Etchants (CF4, CHF3), Dopant Gases

Honeywell’s Electronic Materials division is a top supplier of high-purity specialty gases used in plasma etching and chamber cleaning processes. Their products are critical for defining intricate patterns on silicon wafers.

Innovation Focus:

• Development of low-global-warming-potential (GWP) alternatives to traditional etch gases

• Secure and reliable gas supply solutions for critical manufacturing

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2️⃣ 9. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Wet Etchants, Ultra-Pure Chemicals, CMP Materials

Mitsubishi Chemical offers a wide array of advanced materials for semiconductor fabrication, including high-performance etching agents. The company invests heavily in R&D to support the transition to more complex chip architectures.

Innovation Focus:

• R&D on materials for next-generation EUV lithography and etching processes

• Sustainable chemistry initiatives for reducing environmental impact

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1️⃣ 10. Do-Fluoride Chemicals Co., Ltd.

Headquarters: Henan, China
Key Offering: Anhydrous Hydrogen Fluoride (AHF), Fluoride Salts, Electronic Grade Acids

Do-Fluoride is a major Chinese producer of fluorine-based chemicals, which are fundamental precursors for many etching agents. The company is integral to the supply chain for both wet and dry etch chemicals.

Innovation Focus:

• Vertical integration in the fluorine chemical supply chain

• Increasing production of ultra-high-purity grades for semiconductor applications

Read Full Report:
2023-2028 Global and Regional Semiconductor Etching Agents Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Outlook: The Future of Semiconductor Etching Agents is More Precise and Selective

The semiconductor etching agents market is undergoing a significant transformation. While traditional wet etchants remain vital for cleaning and coarse patterning, the industry is increasingly reliant on advanced dry (plasma) etching to achieve the nanoscale features required for modern chips. Selectivity, anisotropy, and material compatibility are the new benchmarks for success.

📈 Key Trends Shaping the Market:

• Shift towards atomic-layer etching (ALE) for ultimate precision at advanced nodes

• Growing demand for high-aspect-ratio contact (HARC) etching in 3D NAND and DRAM

• Development of new chemistries for etching novel materials like high-k metals and silicon carbide (SiC)

• Increasing focus on supply chain resilience and regional self-sufficiency

Read Full Report:
2023-2028 Global and Regional Semiconductor Etching Agents Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only supplying critical chemicals—they are enabling the continuous innovation that powers the digital world.