Electronic Grade Nitric Acid Market Size, Share, Growth, and Industry Growth, By Type (EL Grade, VL Grade, UL Grade, and SL Grade), By Application (Semiconductor, Solar Energy, LCD Panel, and Others), Regional Insights, and Forecast To 2034

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ELECTRONIC GRADE NITRIC ACID MARKET OVERVIEW

The global electronic grade nitric acid market size was valued at USD 0.11 billion in 2025 and is expected to reach USD 0.36 billion by 2034, growing at a compound annual growth rate (CAGR) of about 14.24% from 2025 to 2033.

The United States Electronic Grade Nitric Acid Market size is projected at USD 0.018 Billion in 2025, the Europe Electronic Grade Nitric Acid Market size is projected at USD 0.033 Billion in 2025, and the China Electronic Grade Nitric Acid Market size is projected at USD 0.033 Billion in 2025.

Electronic grade nitric acid is a high-purity form of nitric acid that is used in the electronics industry for the cleaning and etching of silicon wafers and other electronic components. It is typically produced through a multi-stage distillation process that removes impurities, such as metal ions and organic compounds, to achieve a purity level of 99.999% or higher.

The use of electronic grade nitric acid is critical for the production of high-quality electronic devices; as even trace amounts of impurities can interfere with the performance of the components. In addition to its use in the electronics industry, electronic grade nitric acid is also used in the production of pharmaceuticals and other high-purity chemicals.

ELECTRONIC GRADE NITRIC ACID MARKET KEY FINDINGS

COVID-19 IMPACT

Work from Home Trend Boosted Market Demand

COVID-19 had a life changing impact globally. The global electronic grade nitric acid market share was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for electronic grade nitric acid experienced an increased demand.

In the early stages of the pandemic, some electronic grade nitric acid manufacturers experienced temporary shutdowns due to government-mandated lockdowns and restrictions on non-essential businesses. This led to a shortage of electronic grade nitric acid in some regions and caused delays in the production of electronic components.

Additionally, the pandemic has led to increased demand for electronic devices, as more people are working and studying from home. This increased demand has put pressure on the supply chain for electronic grade nitric acid and other materials used in the electronics industry. Many manufacturers have implemented new safety protocols and work arrangements to ensure that production can continue while minimizing the risk of COVID-19 transmission.

LATEST TRENDS

Sustainability of Manufacturing Process to Benefit Market Prospects

One recent development is the use of advanced distillation techniques, such as reactive distillation, which can produce high-purity electronic grade nitric acid with fewer byproducts and waste streams. This approach can also reduce energy consumption and production costs. There has also been increasing interest in the development of alternative, sustainable sources of nitric acid, such as electrochemical and biological processes.

These approaches could potentially reduce the reliance on fossil fuels and hazardous chemicals in the production of electronic grade nitric acid. Another development is the use of renewable energy sources in the manufacturing process. Some manufacturers are now using solar, wind, or hydroelectric power to produce electronic grade nitric acid, reducing their carbon footprint and environmental impact.

• Reactive distillation improves purity & cuts waste Advanced reactive distillation techniques are now delivering 99.999%+ electronic-grade nitric acid while reducing byproducts by 30–40% per production cycle—according to the Business Research Insights industry overview

• Renewable-powered production units on the rise Over 25% of nitric acid manufacturing facilities worldwide now incorporate solar, wind, or hydroelectric energy, lowering their carbon footprint by up to 20%—a shift highlighted in recent sustainability reports

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ELECTRONIC GRADE NITRIC ACID MARKET SEGMENTATION

By Type

Based on type, the market is divided into EL Grade, VL Grade, UL Grade, and SL Grade.

By Application

Based on application, the market is bifurcated into Semiconductor, Solar Energy, LCD Panel, and Others.

DRIVING FACTORS

Increasing Applications to Boost Market Share

Electronic grade nitric acid is also used in other industries, such as pharmaceuticals and chemical manufacturing, which are experiencing growth and driving demand for this product. The growing use of electronic devices in everyday life, such as smartphones, tablets, and laptops, has led to an increasing demand for electronic components that require high-purity nitric acid for their production.

• Semiconductors consume ~65% of supply Global semiconductor fabs use an estimated 65% of electronic-grade nitric acid, with nodes below 7 nm requiring impurity control under 0.1 ppb

• Semiconductor demand fuels 40% spike Thanks to electronics miniaturization and 5G rollouts, high-purity acid demand surged 40% over the past five years

Advancement in Technology to Boost Market Size

As the electronics industry continues to develop new technologies, the need for higher quality and more specialized electronic components also increases, driving demand for electronic grade nitric acid. The development of more efficient and sustainable manufacturing processes for electronic grade nitric acid is also contributing to increased demand, as it can improve the quality and reduce the cost of electronic components. These factors are anticipated to drive the global electronic grade nitric acid market size.

RESTRAINING FACTORS

High Production Costs to Hamper Market Share

The production of electronic grade nitric acid requires advanced technologies and equipment, and the process can be expensive, especially for high-purity grades. This can limit the availability and affordability of electronic grade nitric acid, which can be a restraining factor for some manufacturers. As the demand for high-quality electronic components grows, some manufacturers may seek alternative materials or processes that can produce similar results at a lower cost. These factors are anticipated to hamper the global electronic grade nitric acid market size.

• Handling costs rise due to safety regulations Stringent global chemical-handling rules—e.g., EPA, EU REACH—have raised storage and transport expenses by an estimated 15–25%, impacting overall production costs

• Raw material price instability affects output : Volatile inputs like concentrated nitric acid have caused price swings of ±30% year‑over‑year, disrupting consistent supply and planning

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ELECTRONIC GRADE NITRIC ACID MARKET REGIONAL INSIGHTS

APAC Dominates the Electronic Grade Nitric Acid Market

Asia-Pacific is the major shareholder for the global electronic grade nitric acid market share. This is due to the presence of major electronics manufacturing hubs in countries. The region has a large and growing population, which is driving demand for electronic devices and components, further fueling the demand for electronic grade nitric acid. Additionally, the region is also witnessing significant investments in the electronics and semiconductor industries. North America is the second major shareholder for the global electronic grade nitric acid market share.

KEY INDUSTRY PLAYERS

Market Players Focus on New Product Launches to Strengthen Market Position

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position. 

• Suzhou Crystal Clear Chemical: Supplies EL grade nitric acid with a purity of 99.9995%, supporting over 20 wafer fabrication plants in East China.

• Mitsubishi Chemical: Holds a 22% share of Japan’s ultra-high-purity nitric acid market, especially EL grade.

List of Top Electronic Grade Nitric Acid Companies

• Azafranes Manchegos SL
• Tarvand Saffron Co
• Safrante Global Company SLU
• USMS Saffron Co.Inc
• Saharkhiz International Group Companies
• Gohar Saffron
• Zargol Saffron
• Novin Saffron Co.

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.