The Global Electronic Grade Hydrogen Peroxide Market was valued at USD 403.1 Million in 2022 and is projected to reach USD 773.8 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period (2023–2029). This significant growth is being driven by the relentless expansion of the global semiconductor industry, increasing demand for high-performance electronics, and the critical role of ultra-pure chemicals in advanced manufacturing processes.
As the electronics industry advances toward smaller, more powerful, and energy-efficient devices, the demand for exceptionally pure materials has never been higher. In this blog, we profile the Top 10 Companies in the Electronic Grade Hydrogen Peroxide Industry—key chemical producers and suppliers who are foundational to the fabrication of semiconductors, display panels, and photovoltaic cells.
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🔟 1. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: High-Purity Hydrogen Peroxide (H₂O₂) grades including SEMI G3, G4, and G5
Solvay is a global leader in advanced materials and specialty chemicals, with a commanding position in the electronic grade hydrogen peroxide market. The company produces ultra-high purity hydrogen peroxide that meets the stringent requirements for cleaning and etching silicon wafers in semiconductor manufacturing.
Innovation and Market Focus:
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Leading producer of UP-SSS (SEMI G5) grade hydrogen peroxide
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Strategic focus on supplying major semiconductor fabrication plants (fabs) worldwide
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Continuous investment in purification technologies to reduce metallic impurities
9️⃣ 2. Santoku Chemical Industries Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Electronic Grade (EL) and Ultra-Pure (UP) Hydrogen Peroxide
Santoku Chemical Industries is a prominent Japanese chemical company with a strong focus on high-purity chemicals for the electronics sector. It is a key supplier to the Asia-Pacific semiconductor market, renowned for its consistent quality and reliability.
Innovation and Market Focus:
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Specializes in high-grade hydrogen peroxide for leading-edge semiconductor processes
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Strong R&D focus on developing products for next-generation chip manufacturing
8️⃣ 3. Mitsubishi Gas Chemical Company, Inc. (MGC)
Headquarters: Tokyo, Japan
Key Offering: Ultra High Purity Hydrogen Peroxide (SEMI G4, G5 grades)
Mitsubishi Gas Chemical is a major player in the electronic chemicals space, offering some of the purest grades of hydrogen peroxide available. The company’s products are essential for cleaning and etching applications in the most advanced semiconductor nodes.
Innovation and Market Focus:
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Pioneer in ultra-clean manufacturing processes for electronic chemicals
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Strategic partnerships with semiconductor equipment manufacturers
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Electronic Grade Hydrogen Peroxide Market – View in Detailed Research Report
7️⃣ 4. Evonik Industries AG
Headquarters: Essen, Germany
Key Offering: Hydrogen Peroxide for Electronics, including high-purity solutions for wafer processing
Evonik is a leading German specialty chemicals company with a significant presence in the electronic chemicals market. Its electronic grade hydrogen peroxide is used extensively in European and Asian semiconductor fabs for critical cleaning steps.
Innovation and Market Focus:
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Focus on sustainable production methods for high-purity chemicals
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Development of tailored solutions for specific semiconductor manufacturing processes
6️⃣ 5. Chang Chun Group
Headquarters: Taipei, Taiwan
Key Offering: Full range of Electronic Grade Hydrogen Peroxide (EL to UP-SSS grades)
Chang Chun Group is a major chemical company in Taiwan, strategically positioned to serve the dense semiconductor manufacturing ecosystem in East Asia. It is a critical supplier to Taiwan’s massive foundry industry.
Innovation and Market Focus:
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Key domestic supplier for Taiwan’s semiconductor industry, the world’s largest
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Continuous capacity expansion to meet growing local demand
5️⃣ 6. Arkema S.A.
Headquarters: Colombes, France
Key Offering: High-purity Hydrogen Peroxide for microelectronics applications
Arkema is a global specialty chemicals and advanced materials company with a strong portfolio of electronic chemicals. Its hydrogen peroxide products are used in semiconductor, display, and solar cell manufacturing processes.
Innovation and Market Focus:
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Investment in purification technologies to achieve sub-ppb levels of metallic impurities
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Focus on developing environmentally friendly production processes
4️⃣ 7. Technic Inc.
Headquarters: Providence, Rhode Island, USA
Key Offering: Electronic Chemicals including high-purity Hydrogen Peroxide
Technic is a leading provider of specialty chemicals, equipment, and services for the electronics industry. The company supplies high-purity hydrogen peroxide primarily to the North American semiconductor market.
Innovation and Market Focus:
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Integrated supplier offering both chemicals and application equipment
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Strong focus on quality control and technical support services
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Electronic Grade Hydrogen Peroxide Market – View in Detailed Research Report
3️⃣ 8. Jiangyin Jianghua Microelectronics Materials Co., Ltd.
Headquarters: Jiangyin, Jiangsu, China
Key Offering: Electronic Grade Hydrogen Peroxide for semiconductor and display industries
Jiangyin Jianghua is a leading Chinese manufacturer of ultra-pure electronic chemicals. The company has grown significantly alongside China’s expanding semiconductor industry, supplying domestic fabs with critical process chemicals.
Innovation and Market Focus:
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Strategic focus on import substitution for China’s semiconductor supply chain
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Rapid expansion of production capacity to serve growing domestic market
2️⃣ 9. Asia Union Electronic Chemical Corp.
Headquarters: Zhangjiagang, Jiangsu, China
Key Offering: Ultra Pure Hydrogen Peroxide (UP, UP-S, UP-SS grades)
Asia Union Electronic Chemical is another key Chinese player in the electronic chemicals market, specializing in high-purity hydrogen peroxide and other process chemicals for the electronics industry.
Innovation and Market Focus:
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Focus on meeting the demanding purity requirements of advanced semiconductor nodes
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Strategic location serving the Yangtze River Delta semiconductor cluster
1️⃣ 10. Suzhou Jingrui Chemical Co., Ltd.
Headquarters: Suzhou, Jiangsu, China
Key Offering: Electronic Grade Hydrogen Peroxide for microelectronics manufacturing
Suzhou Jingrui Chemical is a specialized manufacturer of high-purity chemicals for the electronics industry. The company supplies hydrogen peroxide to semiconductor fabs and solar cell manufacturers throughout China.
Innovation and Market Focus:
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Strong technical capabilities in purification and quality control
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Focus on developing products for specific electronic manufacturing applications
Get Full Report Here:
Electronic Grade Hydrogen Peroxide Market – View in Detailed Research Report
🔬 Outlook: The Future of Electronic Grade Hydrogen Peroxide is Driven by Technological Advancement
The electronic grade hydrogen peroxide market is experiencing transformative growth, fueled by the semiconductor industry’s relentless push toward smaller process nodes and higher device performance. As chip features shrink to 3nm and below, the purity requirements for process chemicals become increasingly stringent.
📈 Key Trends Shaping the Market:
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Rising demand for UP-SSS (SEMI G5) grade hydrogen peroxide for advanced semiconductor nodes
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Geographic expansion of semiconductor manufacturing capacity, particularly in the United States and Southeast Asia
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Increasing adoption in the photovoltaic industry for silicon wafer texturization
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Growing emphasis on supply chain resilience and domestic production capabilities
Get Full Report Here:
Electronic Grade Hydrogen Peroxide Market – View in Detailed Research Report
The companies profiled above are not only supplying essential chemicals—they are enabling the digital transformation of the global economy by providing the foundational materials needed for advanced electronics manufacturing.
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