Electronics Chemicals Sales

In a recent blog, I provided data and comments on construction chemicals sales.  Click here to read that blog.   In this blog, I provide data and comments on electronics chemicals sales.

Global electronics chemicals sales in 2014 are estimated to be in the $35 billion to $40 billion range.  These estimates of sales amounts are based on market studies data, which can be found searching the Internet.

Electronics chemicals are chemicals used in the electronics industry during processing steps in the manufacturing of such things as silicon wafers and integrated circuits, printed circuit boards, semi-conductors, optoelectronics, flat panel display products, and electronics components.  Functions that these chemicals provide include:  plating; etching; photo resisting; stripping; developing; coating; polishing; dissolving; cleaning; and anti-reflecting.

An intensive Internet search was done to identify public companies that report electronics chemicals sales separately as segments.  Companies found are identified in Tables 1, 2, and 3.  These tables provide average sales (average of sales over the last 2 to 3 years) for the electronics chemicals segments.  Also provided are reported operating incomes for the electronics chemicals segments and the percentages that the operating income segments are of the electronics chemicals segments sales.  Using the total sales (all sales including electronics chemicals) (shown in the tables), the percentages that the electronics chemicals segments sales are of the total sales are shown in the tables.  These percentages show the extent to which electronics chemicals sales account for totals sales of the companies.

table 1   japanese companies	recent average electronics chemicals segment sales in yen	recent average operating income from electronics chemicals segment sales in yen	segment operating income as a percentage of segment sales	latest total company sales in yen	electronic chemicals segment sales as percentage of total sales
shin etsu	398,870,000,000	73,622,500,000	18%	1,256,000,000,000	32%
sumitomo	355,800,000,000	27,333,333,333	8%	2,250,000,000,000	16%
adera	204,500,000,000	36,000,000,000	18%	214,300,000,000	95%
nagase	143,450,000,000	6,000,000,000	4%	759,700,000,000	19%
jsr	135,650,666,667	17,874,666,667	13%	404,073,000,000	34%
mitsubishi	123,566,666,667	-4,466,666,667	-4%	1,942,985,000,000	6%
ohka kogyo	78,758,000,000	7,999,666,667	10%	88,086,000,000	89%
yokuyama	53,955,000,000	3,617,500,000	7%	302,085,000,000	18%
total	1,494,550,333,334	average	9%
total USD 2014	$    13,574,357,484
table 2  european companies	recent average electronics chemicals segment sales in euros	recent average operating income from electronics chemicals segment sales in euros	segment operating income as a percentage of segment sales	latest total company sales in euros	electronic chemicals segment sales as percentage of total sales
merck kgaa	1,851,300,000	632,400,000	34%	11,500,800,000	16%
air liquide	1,180,500,000	260,500,000	22%	15,358,000,000	8%
total	3,031,800,000	average	28%
total USD 2014	$      3,867,091,837
table 3   united states companies	recent average electronics chemicals segment sales in usd	recent average operating income from electronics chemicals segment sales in usd	segment operating income as a percentage of segment sales	latest total company sales in usd	electronic chemicals segment sales as percentage of total sales
3m	$      5,500,000,000	$   1,018,000,000	19%	32,000,000,000	17%
dupont	$      2,533,333,333	$       232,000,000	9%	34,723,000,000	7%
air products	$      2,336,666,667	$       390,733,333	17%	10,439,000,000	22%
kmg	$          192,966,667	$         13,833,333	7%	353,000,000	55%
total	$    10,562,966,667	average	13%

Interesting, the total electronics chemicals sales of all 14 companies in tables 1, 2, and 3 total approximately $28 billion, which is from 70% to 80% ($28 billion/$40 billion; $28 billion/$35 billion) of the estimated total global electronics chemicals sales.

The 70% to 80% indicates how significant these 14 companies in tables 1, 2, and 3 are for providing the needed chemicals for supporting the electronics industry.

Also, the average 14% for the electronics chemicals operating income as a percentage of electronics chemicals sales for 13 companies (Mitsubishi with a -4% value is not included in the average) seems quite good compared to most other sectors.