The Global Electronic Grade Acetone Market was valued at USD 1.24 Billion in 2023 and is projected to reach USD 1.82 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2023–2030). This robust growth is primarily fueled by the escalating demand for semiconductors, the miniaturization of electronic components, and the expansion of the global electronics manufacturing sector, particularly in Asia-Pacific.

As the electronics industry advances toward more sophisticated and high-purity manufacturing processes, the reliance on ultra-clean chemicals becomes paramount. Electronic Grade Acetone, a critical solvent for cleaning and processing semiconductor wafers and electronic parts, is at the forefront of this demand. In this blog, we profile the Top 10 Companies in the Electronic Grade Acetone Industry—specialty chemical producers and global suppliers ensuring the integrity and performance of next-generation electronics.

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Global and Regional Electronic Grade Acetone Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔟 1. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Electronic Grade Acetone (SEMI Grade)

Honeywell is a premier supplier of high-purity electronic chemicals, including its renowned Electronic Grade Acetone. The company’s products meet stringent SEMI standards and are essential for photoresist processing, wafer cleaning, and etching in semiconductor fabrication plants (fabs) worldwide. Their global supply chain and robust quality control systems make them a trusted partner for major chip manufacturers.

Quality and Innovation Initiatives:

• Adherence to SEMI C36 and other international purity specifications

• Investment in advanced distillation and purification technologies

• Development of ultra-low particle count and metal ion specifications for next-gen nodes

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9️⃣ 2. LCY Group

Headquarters: Taipei, Taiwan
Key Offering: High-Purity Electronic Grade Acetone

LCY Group is a leading chemical company with a strong focus on the electronics market. Their electronic chemicals division produces high-purity acetone tailored for the semiconductor and display industries. With manufacturing facilities in key Asian markets, LCY plays a crucial role in the regional electronics supply chain.

Quality and Innovation Initiatives:

• Strategic focus on serving fabless companies and foundries in East Asia

• Continuous process optimization to enhance yield and reduce impurities

• Expansion of high-purity solvent production capacity to meet growing demand

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8️⃣ 3. Transene Company, Inc.

Headquarters: Danvers, Massachusetts, USA
Key Offering: High-Purity Acetone for Electronics

Transene specializes in chemicals for etching, plating, and semiconductor processing. Their electronic grade acetone is formulated for critical cleaning applications where even trace contaminants can compromise device performance. The company serves niche markets requiring customized purity levels and specialized packaging.

Quality and Innovation Initiatives:

• Custom formulation capabilities for specific manufacturing processes

• Rigorous testing for ionic and particulate contamination

• Focus on R&D for materials used in advanced packaging and MEMS

Download FREE Sample Report:
Global and Regional Electronic Grade Acetone Industry Status and Prospects Professional Market – View in Detailed Research Report

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

Headquarters: Boston, Massachusetts, USA
Key Offering: Ultra High Purity (UHP) Acetone

KMG Chemicals, now part of Cabot Microelectronics, is a key player in electronic materials. Their UHP Acetone is produced under cleanroom conditions and is critical for front-end semiconductor manufacturing. The company’s expertise in purification ensures compliance with the most demanding specifications for leading-edge logic and memory chips.

Quality and Innovation Initiatives:

• Integration with Cabot’s CMP slurries and electronic materials portfolio

• State-of-the-art analytical labs for impurity detection at parts-per-trillion levels

• Global technical support for semiconductor manufacturing customers

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6️⃣ 5. Seqens

Headquarters: Paris, France
Key Offering: Electronic Grade Solvents including Acetone

Seqens is a European leader in fine chemicals and pharmaceutical ingredients, with a growing presence in high-purity electronics materials. Their electronic grade acetone is supplied to fabs across Europe and Asia, supporting the region’s automotive and industrial semiconductor sectors.

Quality and Innovation Initiatives:

• Investment in sustainable production processes for electronic chemicals

• Partnerships with European semiconductor equipment manufacturers

• Development of recycling and recovery solutions for solvent waste streams

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5️⃣ 6. Kunshan Jingke Microelectronics Material Co., Ltd.

Headquarters: Kunshan, Jiangsu, China
Key Offering: Domestic Electronic Grade Acetone

Kunshan Jingke is a significant domestic supplier of electronic chemicals in China, catering to the country’s rapidly expanding semiconductor industry. The company provides cost-effective, high-purity acetone that meets the needs of numerous mid-market fabs and assembly operations within China.

Quality and Innovation Initiatives:

• Focus on import substitution and supply chain security for Chinese fabs

• Continuous improvement of purity levels to compete with international suppliers

• Strategic location within major Chinese electronics manufacturing clusters

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4️⃣ 7. Taiwan Fertilizer Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Technical and Electronic Grade Acetone

Taiwan Fertilizer, a diversified chemical company, produces acetone among its portfolio of industrial and electronic chemicals. While traditionally focused on fertilizers, the company has expanded into higher-margin electronic materials to serve Taiwan’s critical semiconductor foundry ecosystem.

Quality and Innovation Initiatives:

• Leveraging existing chemical infrastructure for electronics market entry

• Collaborations with local research institutes for purity enhancement

• Supporting Taiwan’s strategic position in the global semiconductor supply chain

Download FREE Sample Report:
Global and Regional Electronic Grade Acetone Industry Status and Prospects Professional Market – View in Detailed Research Report

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3️⃣ 8. INEOS

Headquarters: London, United Kingdom
Key Offering: Acetone and Phenol derivatives

INEOS is one of the world’s largest producers of acetone, serving a wide range of industries. While not exclusively focused on electronics, its scale and advanced production capabilities allow it to supply high-purity feedstock to specialty chemical companies that further purify it for electronic applications, making it a crucial player in the value chain.

Quality and Innovation Initiatives:

• World-scale acetone production facilities with consistent quality

• Investment in bio-acetone production pathways for sustainability

• Strategic partnerships with electronic chemical purifiers

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2️⃣ 9. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Function Chemicals including Electronic Grade Acetone

Mitsubishi Chemical is a global chemical giant with a significant electronic materials division. The company produces ultra-pure solvents, including acetone, for the semiconductor and display industries. Their strong R&D focus ensures they keep pace with the evolving purity requirements of advanced chip manufacturing.

Quality and Innovation Initiatives:

• Development of solvent blends for specific lithography and cleaning processes

• Leadership in green chemistry initiatives for the electronics sector

• Global supply chain logistics tailored for just-in-time delivery to fabs

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Comprehensive portfolio of Electronic Chemicals

BASF is a leading supplier of chemicals to the electronics industry, offering a full range of high-purity products, including solvents. Their electronic grade acetone is part of a broader portfolio that supports every step of semiconductor manufacturing, from wafer fabrication to packaging.

Quality and Innovation Initiatives:

• Integrated solutions combining solvents, photoresists, and CMP materials

• Pioneering research into new solvent systems for EUV lithography

• Commitment to carbon-neutral production pathways for key electronic chemicals

Get Full Report Here:
Global and Regional Electronic Grade Acetone Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔬 Outlook: The Future of Electronic Grade Acetone Is Driven by Purity and Precision

The electronic grade acetone market is undergoing a significant transformation. As semiconductor technology nodes shrink below 5nm and approach 2nm, the tolerance for impurities approaches zero. The industry is investing heavily in advanced purification technologies, supply chain resilience, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Extreme demand for ultra-high purity (UHP) grades with sub-ppb metal contamination levels

• Geographic diversification of supply chains to mitigate regional risks

• Increasing adoption of acetone in advanced packaging, 3D NAND, and photonics

• Stricter environmental regulations driving the development of bio-based and recyclable acetone

Get Full Report Here:
Global and Regional Electronic Grade Acetone Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only supplying a critical chemical—they are enabling the digital transformation of the global economy.