Dublin, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The "Semiconductor Fabrication Materials: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Semiconductor Fabrication Materials Market to Reach $73.7 Billion by 2030
The global semiconductor fabrication materials market, valued at US$44.1 billion in 2022, is poised for remarkable growth, with projections indicating a surge to US$73.7 billion by 2030, reflecting a strong CAGR of 6.6% during the analysis period from 2022 to 2030.
This substantial market growth is underpinned by rising annual sales and a comprehensive industry analysis spanning from 2014 to 2030. Key product segments like silicon wafers, photoresists & adjuncts, electronic gases, CMP materials, and related categories are driving industry expansion.
Silicon wafers, an essential component in semiconductor fabrication, are expected to exhibit a noteworthy 6% CAGR, reaching a market size of US$23.4 billion by the end of the analysis period. Additionally, the Photoresists & Adjuncts segment, bolstered by post-pandemic recovery, is anticipated to grow at an adjusted 7.9% CAGR in the next eight years.
The U.S. semiconductor fabrication materials market is estimated at US$3.6 billion in 2022. Meanwhile, China, as the world's second-largest economy, is forecasted to attain a market size of US$17 billion by 2030, supported by a robust CAGR of 7.8% between 2022 and 2030.
Noteworthy markets in Japan and Canada are also expected to contribute to industry growth, with projected CAGRs of 5.8% and 3.9%, respectively, throughout the 2022-2030 period. Germany, within the European market, is poised for a steady growth rate of approximately 4.1% CAGR.
This comprehensive 16-year perspective offers crucial insights into the semiconductor fabrication materials market, setting the stage for robust growth in the coming years.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 317 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $44.1 Billion |
| Forecasted Market Value (USD) by 2030 | $73.7 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
MARKET OVERVIEW
- Semiconductor Fabrication Materials - Global Key Competitors Percentage Market Share in 2021 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
- Progress on Vaccinations: Why Should Businesses Care?
- With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
- A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
- Industrial Activity Remain Subdued in 2020
- Global PMI Index Points for the Years 2018, 2019 & 2020
- Falling Consumer Confidence Impacts Sales of Automotive and Consumer Electronics
- Semiconductor Industry Remains Impacted; Facing Short-Term Financial Hardships
- Measuring the Impact of COVID-19 on the Semiconductor Industry in Terms of Disruption & Time to Recovery (In Months) as of May 2020
- Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
- Semiconductor Trends for Specific End-Use Categories during Pandemic Phase
- COVID-19 Pandemic Storm Warrants New Strategies to Help Semiconductor Leaders Secure New Lease of Life
- Semiconductors: A Preview
- Global Semiconductor Industry (2021E): Percentage Breakdown of Revenues by Application
- Leading Semiconductor Vendors (2021E): Percentage Share Breakdown of Revenues by Leading Players
- Semiconductor Manufacturing: Fundamental Stages
- Latest Trends in the Semiconductor Industry
- Semiconductor Fabrication Material: An Introductory Prelude
- Global Semiconductor Materials Market (2021E): Percentage Share Breakdown of Revenues by Type for Fabrication and Packaging
- Quality of Materials: Important Aspect of Semiconductor Fabrication
- Semiconductor Fabrication Material: Segment Overview
- Silicon Wafers
- Photoresists & Adjuncts
- Electronic Gases
- Chemical Mechanical Planarization (CMP) Materials
- Others Materials
- Global Market Prospects & Outlook
- COVID-19 Worsens Existing 8-Inch Wafer Shortage
- Government's Role in Production of New Semiconductor units
- Recent Market Activity
- Analysis by Product Segment
- Regional Analysis
- Developing Markets: The Linchpin for Growth
- Taiwan: A Hot Spot for Semiconductors & A Major Market for Semiconductor Fabrication Material
- China: The IC Industry Powerhouse
- South Korea: A Key Chip Materials Market
MARKET TRENDS & DRIVERS
- Semiconductors and Fabrication Materials Playing Key Role in Driving Innovations in New Technologies
- Shifting to Digital ICs Fosters Growth
- Transition to 450mm Silicon Wafers Expected to Benefit Demand for Reclaimed Test/Monitor Wafers
- Global Semiconductor Industry's Transition to Larger Diameter Silicon Wafers: A Peek Into the Timeline
- Global 300mm Wafer Installed Monthly Capacity (2021E): Percentage Breakdown by Leading Fabricators
- Global 200mm Wafer Installed Monthly Capacity (2021E): Percentage Breakdown by Leading Fabricators
- Increased Outsourcing by Fabless Companies Boosts Semiconductor Foundry Industry - A Boon for Fabrication Materials Market
- Global Semiconductor Foundry Industry Revenue Mix: Percentage Breakdown of Foundry Revenues by Customer Type for 2005, 2010, and 2020E
- Wide Ranging Usage in Several End-Use Sectors
- Growing Proliferation of Consumer Electronic Devices to Drive Demand for IC Fabrication Material
- World Market for Consumer Electronics (2021E): Percentage Breakdown of Revenues by Region
- World Market for Home Audio Equipment (2021E): Percentage Breakdown of Sales by Region
- Post Pandemic Recovery in CE Sector to Augment Prospects
- Global Smart Homes Market by Category in US$ Billion for the Years 2020 and 2022
- Computing Devices - A Key Growth Driver
- Tablet PCs
- Robust Growth in Mobile Phone Subscriptions Augurs Well for the Market
- Smartphones Sales Growth Bodes Well for IC Fabrication Material Market
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Electronification Trends in Automobile Widen the Addressable Market
- Breakdown of the Total Cost of Electronics in an Automobile (in %) for the Years 1970, 1980, 2000, 2017, 2020 and 2030
- World Automobile Production in Million Units: 2008-2022
- Manufacturers Look for Alternative Source of Supply of Rare Earth Elements
- Industry Seeks Investment in New Fabrication Material
- Product Innovations & Technology Developments - Critical to Survival for Suppliers
FOCUS ON SELECT PLAYERS(Total 77 Featured)
- Air Liquide SA
- Avantor, Inc.
- BASF SE
- CMC Materials Corporation
- Dow Chemical Company
- Hemlock Semiconductor Corporation
- Hitachi Chemical Company Limited
- JSR Corporation
- Kanto Chemical Co., Inc.
- KMG Chemicals Inc.
- Linde plc
- Merck KgaA
- Mitsubishi Gas Chemical Company, Inc.
- Mitsui Chemicals, Inc.
- Pibond Oy
- Praxair Technology, Inc.
- Sachem Inc.
- Shin-Etsu Chemical Co., Ltd.
- Showa Denko KK
- SUMCO Corporation
- Sumitomo Chemical Company Limited
- Tokyo Ohka Kogyo Co., Ltd.
- Wacker Chemie AG
For more information about this report visit https://www.researchandmarkets.com/r/ue09ss
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