Semiconductor Fabrication Material Market size is forecast to reach $80 billion by 2025, after growing at a CAGR of 5.8% during 2020-2025. Semiconductor fabrication materials can be defined as materials used to pattern the wafer of the semiconductor. The semiconductor fabrication process is used for the creation of integrated circuits on the semiconductor. Electric current is transferred through these integrated circuits. On the other hand, materials used to protect and/or connect the die are called packing materials. Although, the full impact of COVID-19 is still unknown, the impact across the electronics value chain, from materials to final products, will likely be far reaching. COVID-19 is highlighting the potential risks and vulnerability of today’s electronic devices and semiconductor value chain and challenging the semiconductor industry to consider transforming its global supply chain model.
Technical advancements, and product innovation of electronic materials, is primarily boosting the growth of the market.
Although other conductors are used in more limited applications, silicon is widely common due to factors such as high room temperature stability, as well as lower temperatures and faster transmission of electrical currents across silicon semiconductors compared to any other semiconductor.
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Geography – Segment Analysis
The global semiconductor fabrication materials market can be segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa based on area. In terms of demand, Asia Pacific constitutes a significant share of the market for semiconductor manufacturing materials. It also has a large number of factories that produce semiconductors. Developed regions such as North America and Europe also play an important role in terms of research & development.
Drivers – Semiconductor Fabrication Material Market
Growing implementation of AI on semiconductor leads to increase the demand of semiconductor in automated industries
Semiconductor Fabrication Material Market top 10 companies are Air Liquide SA, Avantor Performance Materials Inc., BASF SE, Cabot Microelectronics Corp., The Dow Chemical Company, Hemlock Semiconductor Corporation, E. I. du Pont de Nemours and Company, Henkel AG & Co. KGaA, Hitachi High-Technologies Corporation, Honeywell International Inc., JSR Corporation, and Tokyo Ohka Kogyo America, Inc., among others.
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