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Semiconductor Material Market Trends and Forecast

The future of the global semiconductor material market looks promising with opportunities in the consumer electronic, telecommunication, manufacturing, automotive, energy & utility industries. The global semiconductor material market is expected to reach an estimated $88.8 billion by 2028 with a CAGR of 6.4% from 2023 to 2028. The major drivers for this market are increasing advancements in the semiconductor industry and the growing requirements for advanced semiconductor products.
Semiconductor Material Market by Material, and End Use Industry
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. 
Semiconductor Material Market by Segments

Semiconductor Material Market by Segment

The study includes a forecast for the global semiconductor material market by material type, end use industry, and region, as follows:

Semiconductor Material Market by Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Fab Materials
    • Silicon
    • SOI
    • Photomasks
    • Photoresist
    • Chemicals
    • Others
  • Packaging Materials
    • Leadframes
    • Substrates
    • Bonding Wire
    • Die Attach
    • Encapsulants
    • Ceramic Packages
    • Others

Semiconductor Material Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Consumer Electronics
  • Telecommunication
  • Manufacturing
  • Automotive
  • Energy & Utility
  • Others

Semiconductor Material Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Semiconductor Material Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies semiconductor material companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the semiconductor material companies profiled in this report include. 

Semiconductor Material Market Insights

  • Lucintel forecasts that packaging material is expected to witness highest growth over the forecast period due to its extensive usage in the space, aircraft, and aerospace industries.
  • Consumer electronics is expected to witness highest growth over the forecast period due to the 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.

Features of the Semiconductor Material Market

  • Market Size Estimates: Semiconductor material market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Semiconductor material market size by various segments, such as by material type, end use industry, and region
  • Regional Analysis: Semiconductor material market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by material type, end use industry, and regions for the semiconductor material market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the semiconductor material market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the semiconductor material market size?
Answer: The global semiconductor material market is expected to reach an estimated $88.8 billion by 2028.
Q2. What is the growth forecast for semiconductor material market?
Answer: The global semiconductor material market is expected to grow with a CAGR of 6.4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the semiconductor material market?
Answer: The major drivers for this market are increasing advancements in the semiconductor industry and the growing requirements for advanced semiconductor products.
Q4. What are the major segments for semiconductor material market?
Answer: The future of the semiconductor material market looks promising with opportunities in the consumer electronic, telecommunication, manufacturing, automotive, energy & utility industries.
Q5. Who are the key semiconductor material companies?
Answer: Some of the key semiconductor material companies are as follows:
  • LG Chem
  • Kyocera
  • Hitachi Chemical
  • BASF
  • Indium Corp
  • Henkel
Q6. Which semiconductor material segment will be the largest in future?
Answer: Lucintel forecasts that packaging material is expected to witness highest growth over the forecast period due to its extensive usage in the space, aircraft, and aerospace industries.
Q7. In semiconductor material market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the semiconductor material market by material type (fab materials and packaging materials), end use industry (consumer electronics, telecommunication, manufacturing, automotive, energy & utility, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
 
For any questions related to semiconductor material market or related to semiconductor material companies, semiconductor material market size, semiconductor material market share, semiconductor material analysis, semiconductor material market growth, semiconductor material market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
 
Table of Contents
1. Executive Summary
 
2. Global Semiconductor Material Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Semiconductor Material Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Semiconductor Material Market by Material Type
3.3.1: Fab Materials
3.3.1.1: Silicon 
3.3.1.2: SOI 
3.3.1.3: Photomasks 
3.3.1.4: Photoresist 
3.3.1.5: Chemicals 
3.3.1.6: Others
3.3.2: Packaging Materials 
3.3.2.1: Leadframes 
3.3.2.2: Substrates 
3.3.2.3: Bonding Wire 
3.3.2.4: Die Attach 
3.3.2.5: Encapsulants 
3.3.2.6: Ceramic Packages 
3.3.2.7: Others 
3.4: Global Semiconductor Material Market by End Use Industry
3.4.1: Consumer Electronics 
3.4.2: Telecommunication 
3.4.3: Manufacturing 
3.4.4: Automotive
3.4.5: Energy and Utility
3.4.6: Others  
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Semiconductor Material Market by Region
4.2: North American Semiconductor Material Market
4.2.1: North American Semiconductor Material Market by Material Type: Fab Materials and Packaging Materials
4.2.2: North American Semiconductor Material Market by End Use Industry: Consumer Electronics, Telecommunication, Manufacturing, Automotive, Energy & Utility, and Others
4.3: European Semiconductor Material Market
4.3.1: European Semiconductor Material Market by Material Type: Fab Materials and Packaging Materials
4.3.2: European Semiconductor Material Market by End Use Industry: Consumer Electronics, Telecommunication, Manufacturing, Automotive, Energy & Utility, and Others
4.4: APAC Semiconductor Material Market 
4.4.1: APAC Semiconductor Material Market by Material Type: Fab Materials and Packaging Materials
4.4.2: APAC Semiconductor Material Market by End Use Industry: Consumer Electronics, Telecommunication, Manufacturing, Automotive, Energy & Utility, and Others
4.5: ROW Semiconductor Material Market 
4.5.1: ROW Semiconductor Material Market by Material Type: Fab Materials and Packaging Materials
4.5.2: ROW Semiconductor Material Market by End Use Industry: Consumer Electronics, Telecommunication, Manufacturing, Automotive, Energy & Utility, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Semiconductor Material Market by Material Type
6.1.2: Growth Opportunities for the Global Semiconductor Material Market by End Use Industry
6.1.3: Growth Opportunities for the Global Semiconductor Material Market by Region
6.2: Emerging Trends in the Global Semiconductor Material Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Semiconductor Material Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Semiconductor Material Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: LG Chem
7.2: Kyocera
7.3: Hitachi Chemical
7.4: BASF
7:5: Indium Corp 
7.6: Henkel 
 

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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