Top 10 Companies in the Electronic High-Purity Wet Chemicals Market (2025): Market Leaders Driving Semiconductor and Display Innovation

In Business Insights
September 29, 2025

The global Electronic High-Purity Wet Chemicals market was valued at US$ 4,200 million in 2022 and is projected to reach US$ 7,500 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. This growth is being driven by surging demand for advanced semiconductors, expansion in flat panel displays and solar energy applications, and the escalating need for ultra-pure chemicals to support miniaturization in electronic manufacturing processes.

As the electronics industry evolves toward smaller, more efficient devices and sustainable manufacturing practices, the spotlight is on the key suppliers of high-purity wet chemicals who are driving innovation, precision, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Electronic High-Purity Wet Chemicals Market—a blend of chemical giants, specialized producers, and innovators advancing purity standards and supply chain reliability for the global tech sector.


🔟 1. Mitsubishi Chemical Corporation

Headquarters: Chiyoda, Tokyo, Japan
Key Offering: High Purity H2SO4, High Purity HNO3, and BOEs for semiconductor etching

Mitsubishi Chemical stands out as a premier supplier of ultra-high-purity wet chemicals, catering to major semiconductor fabricators worldwide with advanced facilities in Japan and Southeast Asia that ensure minimal contamination for nanoscale manufacturing and support innovations in 3nm process nodes.

Sustainability Initiatives:

  • Development of eco-friendly purification processes to minimize waste
  • Investment in renewable energy for chemical plants
  • Partnerships for recycling spent chemicals in electronics manufacturing

Download FREE Sample Report: Electronic High-Purity Wet Chemicals Market – View in Detailed Research Report


9️⃣ 2. Stella Chemifa Corporation

Headquarters: Osaka, Japan
Key Offering: High Purity HF, High Purity HCl, and specialized BOEs

Stella Chemifa has established itself as a niche leader in fluoride-based wet chemicals, supplying over 50% of Japan’s domestic needs and expanding exports with proprietary distillation technologies that achieve purities exceeding 99.9999% for advanced logic and memory devices.

Sustainability Initiatives:

  • Implementation of closed-loop systems to reduce fluoride emissions
  • Collaboration with industry groups on safer chemical handling
  • Targets for carbon-neutral operations by 2035

8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High Purity H3PO4, High Purity IPA, and cleaning solutions

BASF leverages its vast expertise to produce high-purity phosphoric acid and solvents for electronic applications, with facilities in Europe and the U.S. enhancing efficiency in photovoltaic cells and LCD/OLED fabrication while supporting domestic semiconductor resurgence.

Sustainability Initiatives:

  • Advancement of bio-based solvents for reduced environmental impact
  • Zero-waste goals in wet chemical production
  • Joint ventures for sustainable sourcing of raw materials

7️⃣ 4. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: High Purity H2O2, High Purity H2SO4, and peroxide blends

Solvay excels in peroxide-based wet chemicals for stripping and cleaning in semiconductor processes, supplying flat panel display markets across Europe and Asia with stabilized products that prevent defects in thin-film transistors and support next-gen solar technologies.

Sustainability Initiatives:

  • Electrolytic production methods to lower energy use
  • Programs for water conservation in chemical synthesis
  • Certification for responsible chemical management

Download FREE Sample Report: Electronic High-Purity Wet Chemicals Market – View in Detailed Research Report


6️⃣ 5. Arkema SA

Headquarters: Colombes, France
Key Offering: High Purity HNO3, High Purity HCl, and fluorine compounds

Arkema provides diverse wet chemicals for solar energy and semiconductor etching, optimizing nitric acid for photovoltaic metal removal and innovating fluorinated etchants to support high-density interconnects in advanced chips and growing LED segments.

Sustainability Initiatives:

  • Transition to low-GWP fluorochemicals
  • Energy-efficient distillation technologies
  • Supply chain transparency for ethical sourcing

5️⃣ 6. ICL Performance Products

Headquarters: Tel Aviv, Israel
Key Offering: High Purity H3PO4, BOEs, and phosphate specialties

ICL Performance Products specializes in phosphoric acid derivatives for electronics, ensuring ultra-pure grades for doping and cleaning in semiconductor and display industries while scaling texturing solutions to improve light absorption in solar panels.

Sustainability Initiatives:

  • Sustainable phosphorus recovery from byproducts
  • Reduction of greenhouse gases in manufacturing
  • Water recycling initiatives in arid regions

4️⃣ 7. Rin Kagaku Kogyo Co., Ltd.

Headquarters: Saitama, Japan
Key Offering: High Purity HF, High Purity H2SO4, and etching mixtures

Rin Kagaku Kogyo is a dedicated producer of fluoride and sulfuric acid chemicals for semiconductors in Asia, emphasizing sub-ppb impurity levels for FinFET etching and supporting advanced packaging like 3D stacking amid the AI chip boom.

Sustainability Initiatives:

  • Advanced filtration to cut hazardous waste
  • Renewable energy adoption in plants
  • Employee training on green chemistry principles

Download FREE Sample Report: Electronic High-Purity Wet Chemicals Market – View in Detailed Research Report


3️⃣ 8. OCI Company Ltd.

Headquarters: Seoul, South Korea
Key Offering: High Purity HNO3, High Purity IPA, and cleaning agents

OCI supplies nitric acid and solvents to major memory chip producers, integral for DRAM and NAND oxidation and cleaning, while ramping up for electric vehicle power semiconductors with close ties to Samsung and SK Hynix.

Sustainability Initiatives:

  • Bio-IPA development for lower carbon footprint
  • Emission control systems in production
  • Community programs for chemical safety

2️⃣ 9. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: High Purity H2O2, High Purity HCl, and display chemicals

Chang Chun Group dominates wet chemicals for flat panel displays, used in TFT-LCD cleaning for panel makers like AUO and Innolux, while expanding into semiconductors and adapting formulas for microLED technologies in Taiwan’s key supply chains.

Sustainability Initiatives:

  • Peroxide recycling technologies
  • Reduction in plastic packaging waste
  • Certifications for eco-efficient manufacturing

1️⃣ 10. Kanto Chemical Co., Inc.

Headquarters: Tokyo, Japan
Key Offering: High Purity H2SO4, BOEs, and comprehensive wet chemical portfolio

Kanto Chemical provides a full suite of high-purity acids and bases for wafer polishing and solar cell deposition, excelling in customized blends for Japanese electronics giants and investing in automation for quality in photonics and sensors.

Sustainability Initiatives:

  • Shift to green solvents in formulations
  • Energy audits and efficiency upgrades
  • Collaborations on circular economy models

Read Full Report: Electronic High-Purity Wet Chemicals Market – View in Detailed Research Report


🌍 Outlook: The Future of Electronic High-Purity Wet Chemicals Is Purer and More Sustainable

The electronic high-purity wet chemicals market is undergoing a dynamic shift. While traditional acids and solvents remain core, the industry is investing in ultra-purification techniques, eco-friendly alternatives, and resilient supply networks to address complexities in device fabrication.

📈 Key Trends Shaping the Market:

  • Rapid expansion of purification capacity in Asia-Pacific and the U.S.
  • Stricter purity standards for 2nm and sub-2nm nodes by 2030
  • Digital tools for real-time chemical monitoring and quality assurance
  • Alliances between chemical suppliers and fab operators for innovation

Read Full Report: Electronic High-Purity Wet Chemicals Market – View in Detailed Research Report

The companies listed above are not only supplying the chemicals for global electronics—they’re pioneering the high-purity evolution that powers tomorrow’s technologies.