Increase in Semiconductor Device Fabrication Activity Drives Demand for Semiconductor Fabrication Material, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 30, 2015 -- Follow us on LinkedIn – Semiconductors are an indispensable part of modern electronics. The growing ubiquity of semiconductors that drive high-tech electronics is mirrored in their extensive use in applications ranging from traditional computers, televisions to advanced smartphones and video game consoles. Growth in the semiconductor fabrication material market is reliant on the health of the semiconductor industry. Demand for semiconductors is dictated by consumer and industrial demand for electronics. Demand patterns in major downstream markets such as computers, communications equipment, digital home appliances, automotive and industrial electronics tend to influence wafer fabrication activity. Future growth will be dictated by emerging new opportunities in automotive electronics, medical device electronics, defense & aerospace electronics, including state-of-the-art weaponry.
The continually rising performance standards for electronic devices require smaller and more robust semiconductor devices. The miniaturization trend has therefore become deeply embedded into modern society, creating a paradigm shift in advanced electronics manufacturing. Microfabrication is driving demand for newer fabrication materials. Integration of advanced ICs and transition towards digital ICs in mobile devices particularly smartphones, are key trends fuelling demand for advanced semiconductor fabrication materials. Demand is expected to grow strongly for photoresists, specialty gases, wet chemicals, CMP slurries, and thin film metals. The shift towards digital integrated circuits is creating robust demand for ultra-pure semiconductor materials. Especially poised to benefit are materials that are easy to process and which enable high volume fabrication throughput.
As stated by the new market research report on Semiconductor Fabrication Material, Japan represents the largest regional market worldwide, while Taiwan ranks as the fastest growing market with a CAGR of 5.1% over the analysis period. Strong semiconductor foundry base is helping drive growth in the country. Silicon wafers represents the largest segment accounting for a major share in global revenues, while CMP Materials ranks as the fastest growing product market.
Key players covered in the report include Air Products and Chemicals Inc., Air Liquide SA, Alent Plc, Avantor™ Performance Materials, AZ Electronic Materials SA, BASF SE, Cabot Microelectronics Corp., Dow Chemical Company, Hemlock Semiconductor Corporation, Hitachi Chemical Company Limited, JSR Corporation, Kanto Chemical Co., Inc., KMG Chemicals Inc., Linde AG, Mitsui Chemicals Inc., Mitsubishi Gas Chemical Company, OM Group Inc., Praxair Inc., Sachem Inc., Silecs Oy, Shin-Etsu Chemical Co. Ltd., Showa Denko KK, SUMCO Corporation, Sumitomo Chemical Company Limited, Taiyo Nippon Sanso, Tokyo Ohka Kogyo Co. Ltd., Wacker Chemie AG, and Wako Pure Chemicals Industries Ltd., among others.
The research report titled “Semiconductor Fabrication Material: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, size and demand projections and forecasts. Major geographic regions covered include the US, Japan, Europe, China, South Korea, Taiwan, and Rest of World. Market segments analyzed include Silicon Wafers, Photoresists & Adjuncts, Electronic Gases, CMP Materials, and Others. The report also offers coverage on mergers, acquisitions, product launches and other strategic industry activities of major global and regional players.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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