Consumer Electronics is expected to dominate the Global Semiconductor Materials Market in the forecast period
Global
Demand of Energy & Increasing demand of Reservoir Optimization process are
the factors driving the market growth.
According to TechSci
Research report, “The Global Semiconductor Materials Market - By Region,
Competition, Forecast & Opportunities, 2029”. The Global Semiconductor Materials Market is
anticipated to register a CAGR of 5.72%. The semiconductor industry has been
driven by Moore's Law, which predicts the doubling of transistors on a chip
approximately every two years. This continuous miniaturization requires
materials that can maintain their performance even at smaller scales, driving
research into advanced materials with enhanced properties. The rise of
technologies such as 5G, the Internet of Things (IoT), artificial intelligence
(AI), and autonomous vehicles requires semiconductor materials that can support
high-speed data processing, connectivity, and energy efficiency. New packaging
methods like 3D stacking and system-in-package (SiP) are being adopted to meet
the demands of complex devices. These techniques rely on specialized materials
for improved thermal management, interconnect density, and reliability. In addition, November 2022 - Indium
Corporation, a global supplier of materials to the US electronics assembly and
semiconductor packaging company, has opened its newest 37,500 square foot
manufacturing facility in Penang, Malaysia. The new factory has started
production and is increasing production capacity to better serve the company's
customers in and around Malaysia, especially Thailand and Vietnam. May 2022 -
L.G. Chem began developing photoresist (P.R.) used in semiconductor background
processes with the goal of offering it to global semiconductor companies. After
etching very good circuit designs in the semiconductor advance process, the
company creates P.R. for the back technology to improve the efficiency of the
chip.
Browse
over xx market data Figures spread through 180 Pages and an in-depth TOC on " The
Global Semiconductor Materials Market.”
Based on region, Asia
pacific region is dominating the market. In addition, the Chinese car industry
has grown and the country is playing an increasingly important role in the
global car market. The Chinese government considers the automobile industry as
one of its pillars, including the auto parts industry. The government expected China's auto production to reach 30
million units by 2020 and 35 million units by 2025. Although the pandemic has significantly
affected the country's auto industry, recent data show that the country's auto
industry has reached its 2025 target. For example, according to the China
Association of Automobile Manufacturers (CAAM), a total of approximately 26.1 million cars were
produced in China in 2021. In addition,
the automotive industry also announced stable growth in 2022. For example, in
September 2022, approximately 2.6 million vehicles were sold in the
country. According to Semiconductor
Equipment and Materials International, China's spending on semiconductor
equipment in 2021 was USD 29.62 billion.
Growing demand for semiconductor chips and investment in manufacturing
facilities and equipment will create a favorable market scenario for the growth
of the studied market. during the forecast period.
Key
market players in the Global Semiconductor Materials Market include:
- BASF SE.
- Indium Corporation.
- Intel Corporation.
- Hitachi Chemical Co. Ltd.
- KYOCERA Corporation
- Henkel AG & Company KGAA.
- Nichia Corporation
- Intel Corporation and UTAC Holdings Ltd
- International Quantum Epitaxy PLC
Download Free Sample Report
Customers can also request for 10% free customization
on this report.
“There's a growing
emphasis on energy-efficient electronics and sustainable manufacturing
practices. Semiconductor materials that contribute to energy-efficient devices,
reduce waste, and have a smaller environmental impact are gaining importance.
Wide bandgap materials like silicon carbide (SiC) and gallium nitride (GaN) are
gaining traction due to their superior electrical properties, making them
suitable for high-power applications, energy-efficient devices, and emerging
technologies..” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based global management consulting firm.
“Semiconductor Materials Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast Segmented 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
and Die Attach Materials), By End-user Industry (Consumer Electronics,
Telecommunication, Manufacturing, Automotive, and Energy and Utility) By
Region, Competition 2018-2028”,
has evaluated the future growth potential of Global Semiconductor Materials Market
and provides statistics and information on market structure, size, share, and
future growth. The report is intended 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 present in the Global Semiconductor
Materials Market.
Contact
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com