The Global Market for Semiconductor Fabrication Material is Projected to Reach US$33.5 Billion by 2020
Increase in Semiconductor Device Fabrication Activity Drives
Demand for Semiconductor Fabrication Material, According to a New Report by Global Industry Analysts, Inc.
GIA announces
the release of a comprehensive global report on Semiconductor Fabrication
Material. The
global market for Semiconductor Fabrication Material is projected to reach
US$33.5 billion by 2020, driven by the increase in semiconductor device
fabrication activity as a result of robust demand for consumer electronic
devices.
Semiconductors
are an indispensable part of modern electronics. The growing ubiquity of semiconductors
that drive high-tech electronics is mirrored in their extensive use in
applications ranging from traditional computers, televisions to advanced smartphones
and video game consoles. Growth in the
semiconductor fabrication material market is reliant on the health of the semiconductor
industry. Demand for semiconductors is dictated by consumer and industrial
demand for electronics. Demand patterns in major downstream markets such as
computers, communications equipment, digital home appliances, automotive and
industrial electronics tend to influence wafer fabrication activity. Consumer electronics and appliances remains the primary driver
of growth in the market. Future growth will be dictated by emerging new
opportunities in automotive
electronics, medical device electronics, defense & aerospace electronics,
including state-of-the-art weaponry.
The continually rising performance standards for electronic devices require
smaller and more robust semiconductor devices. The miniaturization trend has therefore
become deeply embedded into modern society, creating a paradigm shift in
advanced electronics manufacturing. Microfabrication is driving demand for
newer fabrication materials. Integration of advanced ICs and transition towards
digital ICs in mobile devices particularly smartphones, are key trends fuelling
demand for advanced semiconductor fabrication materials. Demand is expected to grow
strongly for photoresists, specialty gases, wet chemicals, CMP slurries, and
thin film metals. The shift towards digital integrated circuits is creating
robust demand for ultra-pure semiconductor materials. Especially poised to
benefit are materials that are easy to process and which enable high volume
fabrication throughput.
As stated by
the new market research report on Semiconductor Fabrication Material, Japan represents the largest regional market worldwide, while
Taiwan ranks as the fastest growing market with a CAGR of 5.1% over the analysis period. Strong
semiconductor foundry base is helping drive growth in the country. Silicon wafers represents the largest segment accounting
for a major share in global revenues, while CMP Materials ranks as the fastest
growing product market.
Key players
covered in the report include Air Products and Chemicals Inc., Air Liquide SA,
Alent Plc, Avantor™ Performance Materials, AZ Electronic Materials SA, BASF SE,
Cabot Microelectronics Corp., Dow Chemical Company, Hemlock Semiconductor
Corporation, Hitachi Chemical Company Limited, JSR Corporation, Kanto Chemical
Co., Inc., KMG Chemicals Inc., Linde AG, Mitsui Chemicals Inc., Mitsubishi Gas
Chemical Company, OM Group Inc., Praxair Inc., Sachem Inc., Silecs Oy, Shin-Etsu
Chemical Co. Ltd., Showa Denko KK, SUMCO Corporation, Sumitomo Chemical Company
Limited, Taiyo Nippon Sanso, Tokyo Ohka Kogyo Co. Ltd., Wacker Chemie AG, and
Wako Pure Chemicals Industries Ltd., among others.
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