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The Semiconductor Fabrication Material Global Market Report 2023 by The Business Research Company, provides semiconductor fabrication material market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Semiconductor Fabrication Material Global Market Report 2023, the market size grew from $54.71 billion in 2022 to $62.54 billion in 2023 at a compound annual growth rate (CAGR) of 14.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global semiconductor fabrication material is expected to grow to $101.12 billion in 2027 at a CAGR of 12.8%.
The increasing investment in the energy sector is expected to propel the growth of the semiconductor fabrication materials market. Semiconductors are generally installed in the energy sector, such as solar panels, drives, and pumps in wind and water turbines, and protection circuits in energy conversion to ensure efficiency and minimal power loss. The government is abundantly investing in the energy sector.
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The semiconductor fabrication material market is segmented:
1) By Semiconductor Type: N-Type, P-Type
2) By Fabrication Material: Silicon wafers, Photomasks, Photoresists, Other Fabrication Materials
3) By End User: Telecommunication, Energy, Electrical and Electronics, Medical and Healthcare, Automotive, Defence and Aerospace, Other End Users
Top Major Players
Air Liquide SA
Avantor Inc.
BASF SE
Dow Inc.
Hitachi Chemical Company Limited
Product innovations have emerged as a key trend gaining popularity in the semiconductor fabrication material market. Companies operating in semiconductor fabrication materials are focused on developing innovative products to sustain their position in the market. For instance, in June 2021, Panasonic Corporation, a Japan-based manufacturer of electric and electronic products, launched a semiconductor package substrate material (Product No. R-1515V). This product enabled both low package warpage and high assembly-level reliability. The new material has very low thermal expansion properties that reduce the warping of the substrate during the packaging process and optimized mechanical properties that lower the residual stress on solder joints.
The semiconductor fabrication material market report table of contents includes:
1. Executive Summary
2. Semiconductor Fabrication Material Market Characteristics
3. Semiconductor Fabrication Material Market Trends And Strategies
4. Semiconductor Fabrication Material Market – Macro Economic Scenario
5. Semiconductor Fabrication Material Market Size And Growth
………………………
26. Africa Semiconductor Fabrication Material Market
27. Semiconductor Fabrication Material Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Semiconductor Fabrication Material Market
29. Semiconductor Fabrication Material Market Future Outlook and Potential Analysis
30. Appendix
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