The use of ultra-high purity materials in the aerospace industry is expected to aid the growth of the ultra-high purity materials market in the coming years. The growth of food and pharmaceutical sectors, stemming from population growth, is expected to boost the sales of ultra-high purity materials.
Ultra-high purity materials are used in the manufacturing of various components in the semiconductor industry, which is turn is witnessing string growth, owing to the rising demand for electricity. The growth of the semiconductor industry is expected to drive the growth of the ultra-high purity material market.
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Market Segmentation
The ultra-high purity materials market can be segmented on the following bases:
Segmentation of the ultra-high purity materials market by type:
- Metals
- Metal Oxides
- Metal Salts
- Others
Segmentation of the ultra-high purity materials market by end use industry:
- Electronics
- Chemical
- Pharmaceutical
- Agriculture
- Food
- Others
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Ultra-High Purity Materials Market: List of Market Participants
Examples of some of the market participants involved in the ultra-high purity materials market include,
- Honeywell International Inc.
- Materion Corporation
- Merck KGaA
- American Elements
- Puritan Products
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