The Global PCB Chemicals Market is projected to exhibit steady growth over the forecast period from 2023 to 2031, driven by rising demand for printed circuit boards (PCBs) in electronics and automotive sectors. According to the latest analysis by Reed Intelligence, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of approximately 3.1% during this period.

Market Size & Forecast

Base Year: 2023

Forecast Year: 2031

Expected CAGR: ~3.1% (2023–2031)

Key Highlights

Largest Region: Asia-Pacific continues to lead the global PCB Chemicals market due to its robust electronics manufacturing infrastructure and strong presence of major production hubs in China, Japan, South Korea, and India.

Notable Regional Growth: Asia-Pacific also represents the fastest-growing region with significant investments in technology and electronics supply chains.

Dominant Segmentation by Type: Electroplating additives and line imaging chemicals remain key segments within the market.

Fastest Growth by Application: Flexible PCB applications are gaining traction due to increased use in wearable and automotive electronics globally (consistent with broader PCB trends beyond pure chemicals).

Market Dynamics

Drivers:
The global PCB Chemicals market is driven by the expanding electronics and automotive industries, where PCBs serve as essential components in everything from consumer gadgets to advanced driver-assistance systems. Urbanization and the proliferation of smart devices continue to fuel demand for printed circuit boards, thereby increasing consumption of specialized PCB chemicals.

Technological innovation also plays a pivotal role, with manufacturers seeking higher-performance chemicals that support miniaturized, high-density circuit designs. The automotive electronics sector — particularly the shift toward electrification and autonomous systems — is adding further impetus to this demand.

Restraints & Opportunities:
Environmental and health concerns surrounding polychlorinated biphenyls recognized as pollutants and regulated in many regions continue to restrain certain legacy uses, pushing the industry toward cleaner and safer alternatives.

However, opportunities abound in the development of eco-friendly and high-efficiency chemicals that support advanced PCB manufacturing processes across flexible and rigid-flex formats. As demand for next-generation electronics grows, this shift opens new avenues for innovation and market expansion.

Top Market Players

Key players profiled in the global PCB Chemicals market include:

Atotech

DuPont

MacDermid

JCU Corporation

Uyemura

Jetchem International

Chemetall

Quaker Houghton

A Brite

TIB

DuBois

Daiwa Kasei

GHTech

Guangzhou Sanfu

Guangdong Dazhi Chem

Wuhan Fengfan Electrochemical Technology

Coventya

Segmentation Overview

By Type:

Electroplating Additive

Line Imaging Chemicals

By Application:

Rigid PCB

Flexible PCB

By Region:

North America

Europe

Asia-Pacific

Middle East & Africa

Latin America

About the Report

The Global PCB Chemicals Market Size, Share & Trends Analysis Report by Reed Intelligence provides a comprehensive examination of the industry’s competitive landscape, regional dynamics, product and application segments, and detailed forecasts from 2023 through 2031. It offers insights into market drivers, restraints, and evolving opportunities shaping the future of PCB chemical demand.