Material | August 06, 2007
Automotive provides growth opportunities<br>for Electronic Chemicals in Europe
With printed circuit boards (PCB's) experiencing reduced demand in many industrial applications as a result of being overtaken by newer and more advanced technologies, it is not surprising that the electronic chemicals market is facing a similar situation considering the close link between the two industries.
"Growing replacement of PCBs in several industrial applications has led to decreased usage, and is further compounded by the increasing shift of production capacities to low-cost countries in Asia," observes Frost & Sullivan Research Analyst Sowmya Ramaswami. "This is the leading cause for increasing saturation in the European electronic chemicals market." New analysis from Frost & Sullivan ( http://chemicals.frost.com), European Market for Electronic Chemicals, reveals that this market earned revenues of $225.0 million in 2006 and estimates this to reach $267.0 million in 2013. If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of European Market for Electronic Chemicals, then send an e-mail to Vanessa Quezada, Corporate Communications, at Email Contact with your full name, company name, title, telephone number and e-mail address. An overview will be sent to you via e-mail upon receipt of the above information. In addition, the market is also grappling with significant pricing issues. Low selling prices of PCB's inevitably impacts the selling prices of electronic chemicals that play a vital role in the fabrication of PCB's. With the added complication of PCB production capacities moving to Asia, the electronic chemicals market is not only experiencing reduced growth, but is also witnessing the exit of many participants, and in some cases, mergers of smaller companies with market leaders. In such a situation, the challenge for electronic chemicals manufacturers in Europe is to promote the sales of PCB's. Adopting the strategy of forming collaborative partnerships with Asian manufacturers could help in promoting a global image of these products. The quality of products may also improve due to a combined effort of two or more manufacturers' Research&Development (R&D) initiatives on product formulations. Despite reduced application in many end-user industries, the demand for PCB's from applications such as automobiles continues to be strong. This is likely to promote the application of electronic chemicals and sustain market growth in Europe to a certain extent. Automotive applications of PCB's are projected to grow at around 4 to 5 percent annually in Europe. "On a positive note, it seems unlikely that Asian chemistries will fully replace European ones or PCB's will be completely substituted by more advanced technologies in all industrial applications," says Ramaswami. "Despite the reduced application scope for PCB's today, continuing demand from sectors such as the automobile industry will drive the PCB market and ensure the stability of the electronic chemicals market in Europe." European Market for Electronic Chemicals is part of the Chemicals and Materials Growth Partnership Service program and provides a detailed analysis in terms of forecasts by product type for the market. This research service reviews the principal market drivers and restraints and examines technological trends in the PCB industry. Frost & Sullivan's expert analysts thoroughly examine the following product types: laminating resins, plating chemicals, primary imaging resists, encapsulants and conformal coatings, solder masks and other auxiliary products. Interviews with the press are available.
U.S. polysilicon makers laud Phase 1 of China deal The United States’ three remaining manufacturers of polysilicon expressed appreciation to President Trump and praised U.S. negotiators for securing the Chinese commitment to purchase U.S. polysilicon in the first phase of the U.S.-China trade deal.
Dupont explores divestiture of electronics unit Following its recent USD 26.2 billion deal to sell off its nutrition business, DuPont de Nemours Inc. is weighing a divestiture of its electronics unit, according to people familiar with the matter.
AMD bolsters exec leadership team AMD has announced several promotions and one new hire to its senior leadership team, in an effort to enable the company’s continued growth in the high-performance computing, graphics and visualization technologies market.
Webasto opens new battery centre in Jiaxing Webasto has inaugurated its new roof plant and battery center in Jiaxing (Zhejiang Province) close to Shanghai.
Panasonic to expand its manufacturing footprint in India Panasonic is looking to build a new wiring device factory in southern India. The new factory is scheduled to start production in autumn 2021, responding to the increased demand in the country.
Season Group strengthens wireless R&D & manufacturing capability Season Group has invested in, and installed, two high-speed and high-precision wireless communication testers - Rohde & Schwarz’s R&S CMW500 Wideband Radio Communication Tester and R&S CMW100 Communications Manufacturing Test Set.
Rocket Lab expands capabilities in So Cal Rocket Lab announced this week it will open a new facility to serve as its corporate headquarters and provide increased production capacity.
PCB Piezotronics unveils new clean rooms PCB Piezotronics Inc., a wholly owned subsidiary of MTS Systems Corporation, has announced the completion of environmentally controlled clean rooms at their DePew, New York facility.
European loudspeaker company brings production back home Difficulties manufacturing smaller design series among reasons for the decision to return back to base.
China only region to register pure-play foundry market growth Rise of China-based fabless IC suppliers offers increased opportunities for foundries, IC Insights states in a recent report.
Mycronic receives first SLX order Swedish production equipment specialist, Mycronic, has recieved their very first order of its mask writer SLX.
600 new German jobs as VARTA expands production again The lithium-ion battery market continues to experiencing growth, currently the market is poised to continue to move forward with an annual growth of about 30% – and VARTA wants a big piece of the pie.
FTG achieves S9100D certification at acquired PCB fab Firan Technology Group Corporation has completed and received AS9100D Certification from SAI Global Ltd. for its recently acquired PCB manufacturing facility located in Fredericksburg, Virginia USA (formerly Colonial Circuits Inc.).
Dutch block sale of technology, China miffed Following ASML’s denial of an export license by the Dutch government to sell a piece of critical chip-making technology to the Chinese, China’s ambassador to the Netherlands has issued a statement expressing his country’s displeasure.
DuPont aids S. Korea in photoresist shortage The office of Korea’s Ministry of Trade, Industry, Sung Yun-mo, met with DuPont President Jon Kemp last week to confirm DuPont’s investment in the country’s need for diversification of its EUV photoresist supply.
Volvo building U.S. battery assembly plant In preparation for bringing a new line of electric vehicles to the U.S. market, Volvo announced it will build a battery assembly plant at its existing facility in Ridgeville, South Carolina.
New game consoles expected to trigger demand surge for graphics DRAM and SSD's TrendForce expects the year-end release of new generation game consoles to trigger a demand surge of graphics DRAM and SSD's during the second half of 2020.
A new year begins with new machinery at Swedish Microwave In Motala, Sweden sits Europe’s oldest manufacturer of Low Noise Block down-converters (LNB) for the global satellite market, namely Swedish Microwave (SMW). The company is now kicking off 2020 with an investment in production.
Lucid eyeing April reveal of pre-production sedan Luxury EV manufacturer Lucid has announced that production is underway in Silicon Valley of 80 beta prototypes of its luxury sedan, Lucid Air, to be unveiled in April in New York City.
Ideal Industries moving the ball forward at Cree Following its March announcement that Cree had sold off the entirety of its lighting business to Ideal Industries in a USD 310 million deal, Ideal said it would remain dedicated to pumping investment dollars into the now privately-held Cree Lighting.
Former pSemi exec and CEO Jim Cable retires pSemi Corporation has announced the retirement of former CEO and long-term executive Jim Cable.
Rohde & Schwarz inks agreement to use Benchmark's muscles The German electronics group has signed a strategic agreement with US EMS provider, Benchmark Electronics, to enhance its manufacturing capacities.
Stoneridge appoints new VP of operations Stoneridge Inc. has announced Kevin Heigel as its new vice president of operations.
Gartner: Worldwide semiconductor revenue declined 11.9% in 2019 Intel reclaimed top spot in global semiconductor market; Samsung moved to no. 2.Load more news