Europe Semiconductor Materials Market to be Dominated by Process Chemicals Segment Market in the Forecast Period
Rising demand of consumer electronics and
rising implementation of 5G networks are the factors driving the market
growth in the forecast period.
According to TechSci Research report, Europe Semiconductor Materials Market
- By Region, Competition Forecast & Opportunities, 2018-2028F, the Europe
Semiconductor Materials Market is expected to register robust growth during the
forecast period, 2024-2028. The European Semiconductor Materials market is being
driven by optoelectronic devices and wireless technology as optoelectronic devices
have a significant requirement for compound semiconductors. The market for
semiconductor materials has expanded as a result of the rising national demand
for wireless and mobile devices. Electronic devices and technologies benefit
from the characteristics of semiconductor materials, such as their wide range
of operating temperatures, high electron mobility, and low power consumption.
Additionally, light emission devices like light-emitting diodes (LEDs) and
lasers, require semiconductor materials. Additionally, several companies are
focusing on their expansion of semiconductor materials’ manufacturing capacity.
For instance, to create and market compound semiconductor devices, IQE
(International Quantum Epitaxy) PLC and SK Silicon, joined hands into a
strategic partnership agreement in October 2022. Innovative epi wafers based on
GaN (Gallium Nitride) on SiC (Silicon Carbide) for radio frequency applications
in the wireless communications sector and GaN on Silicon (Si) for power
electronics applications across multiple markets, are the main focus of IQE and
SK Ultron.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the “Europe Semiconductor Materials Market."
The Europe
Semiconductor Materials Market is divided into Application, Packaging, End User,
and Country. Based on Application, the
market is segmented into Fabrication, Process Chemicals, Photomasks, Electronic
Gases, Photoresists Ancillaries, Sputtering Targets, and Silicon. The Process Chemicals segment is dominating
the market in the year 2022. The increase
in operational fabrication capacity, costly chemicals used by new technologies,
as well as the processed silicon wafer surface area, all contribute to the
consumption of semiconductor process chemicals. Less material is used per unit
surface area of silicon wafers because of increased technological efficiency
supplied by the semiconductor industry. The production of semiconductors uses processed
chemicals for cleaning, developing, etching, and polishing. Additionally, the
production of semiconductors demands PFAS, a kind of fluorinated chemical used
in semiconductor manufacturing. Due to its low surface tension and
compatibility with other compounds, it is utilized mostly in imaging semiconductors
gaining traction. Additionally, several companies are increasing their chemical
manufacturing capacity to fulfill the need for semiconductor fabrication
components. Merck, a German firm, declared in February 2023 that they will
be expanding their capabilities for semiconductor solutions
worldwide, with the opening of a new production site. By 2025, it is
anticipated that the 150,000 m2 production facility will be producing specialty
gases and semiconductor materials for thin film and patterning solutions.
Based on Packaging, the
market is segmented into Substrates, Lead Frames, Ceramic Packages, Bonding
Wire, Encapsulation Resins (Liquid), and Die Attach Materials. The substrate
segment is dominating the market, with the largest market share. The packaging
substrate, which is considered the bulkiest component of the packaging
material, serves primarily as a support for the protection chip and a link
between the top chip and bottom circuit board. The printed circuit board and
the chip can be connected to achieve electrical and physical connection, signal
distribution, power distribution, communication between the internal and
external circuits of the chip, among other functions. The packaging substrate
can also effectively fix the chip and support it. It can also improve the
thermal conductivity and heat dissipation performance of the chip.
Based on End-user Industry,
the market is segmented into Consumer Electronics, Telecommunication,
Manufacturing, Automotive, and Energy and Utility. Consumer Electronics is
expected to dominate the market in the forecast period. One of the most
significant scientific advancements in the consumer electronics sector is
the development of semiconductor materials. The material is well-liked because
of its excellent electron mobility, broad operating temperature range, and low
energy requirements. The bulk of consumer gadgets contain semiconductors.
Semiconductor parts including integrated circuits, diodes, and transistors, are
used in devices like microwaves, refrigerators, computers, gaming consoles, and
mobile phones. Based on country, the market is segmented into Germany, United
Kingdom, France, Italy, Spain, Netherlands, Belgium, Switzerland, Sweden,
Finland, Poland, and Rest of Europe.
Major market players in the Europe
Semiconductor Materials Market are: -
- Solvay SA
- Messer SE & Co KGaA
- Air Liquide SA
- Compugraphics (MacDermid Alpha
Electronics Solutions)
- International Quantum Epitaxy PLC (IQE
PLC)
- STMicroelectronics (ST)
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" The EU Chips Act, which was
announced in February 2022, offers major financial assistance for the
establishment of factories concerning the manufacturing of advanced chips and
for promoting semiconductor research in the European Union. To ensure the
future technical sovereignty of the region, the European Union intends to boost
its global market share for semiconductors from 10% to roughly 20%, by 2030.
These activities are anticipated to increase the region's demand for
semiconductor materials in the upcoming years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global management
consulting firm.
Europe
Semiconductor Materials Market by Application (Fabrication,
Process Chemicals, Photomasks, Electronic Gases, Photoresists Ancillaries,
Sputtering Targets, and Silicon), By Packaging (Substrates, Lead Frames,
Ceramic Packages, Bonding Wire, Encapsulation Resins (Liquid), and Die Attach
Materials), By End-user Industry (Consumer Electronics, Telecommunication,
Manufacturing, Automotive, and Energy and Utility), By Country, Competition,
Forecast and Opportunities, 2028F
has evaluated the future growth potential
of Europe Semiconductor Materials market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Europe
semiconductor materials market.
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