According to a new market report published by Lucintel, the future of the semiconductor material market looks promising with opportunities in the consumer electronics, telecommunication, manufacturing, automotive, energy & utility industries. The global semiconductor material market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are increasing advancements in the semiconductor industry and the growing requirements for advanced semiconductor products.
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In this market, fab materials (silicon, SOI, pahotomasks, photoresist, chemicals, and others), and packaging materials (leadframes, substrates, bonding wire, die attach, encapsulants, cearimic packages and others) are the major types used. Lucintel forecasts that the substrate type is expected to witness significant growth during the forecast period as substrates are the foundation for electronic devices, such as transistors, diodes, and uniquely integrated circuits (ICs). The substrates require high thermal conductivity to dissipate the heat generated by the components efficiently and quickly from the conductor layers.
Within this market, consumer electronics is expected to witness the highest growth over the forecast period due to an increasing number of smartphones, tablets, and other hand-held devices.
Asia Pacific will remain the largest region and it is expected to witness the highest growth over the forecast period due to growth of the semiconductor industry.
LG Chem Ltd, Kyocera Corporation, Hitachi Chemical Company Ltd, BASF, Indium Corp, Henkel, Hitachi, are among the major manufacturers of the semiconductor material market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor material market by material type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Material Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global semiconductor material market by material type, end use industry, and region as follows:
By Material Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Fab Materials
Silicon
SOI
Pahotomasks
Photoresist
Chemicals
Others
Packaging Materials
Leadframes
Substrates
Bonding Wire
Die Attach
Encapsulants
Cearimic Packages
Others
By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
Consumer Electronics
Telecommunication
Manufacturing
Automotive
Energy & Utility
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Spain
Germany
France
Asia Pacific
China
India
Japan
South Korea
Taiwan
The Rest of the World
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.