Semiconductor Manufacturing Material Market - Forecasts from 2023 to 2028

The semiconductor manufacturing material market was valued at US$56.884 billion in 2021 and is projected to expand at a CAGR of 3.25% over the forecast period to reach US$71.144 billion by 2028.

Silicon is the main material used in the manufacturing of semiconductors, and it is abundant in nature, so it has a significant market share. The semiconductor manufacturing material market is driven by the increasing demand for semiconductors by various end-users. Semiconductors have several applications across electronics, automotive, manufacturing, and other industries.

The increasing penetration of semiconductors IC in the automobile sector for wireless charging, and EVs, among other applications, will continue augmenting the demand for semiconductor manufacturing materials. Increasing demand for the electronic wafer is also uplifting the demand. The growing demand for semiconductors in optoelectronics is expected to impact market growth positively. Globally increasing demand for LED is expected to propel the semiconductor manufacturing material market. Geographically, the Asia Pacific region is expected to have a significant market share due to surging demand for electronic devices and wireless technologies. Asia Pacific region produces a considerable amount of raw materials used in the manufacturing of semiconductors. The North American region is also expected to constitute for a significant share due to the presence of key players.

The US-China trade war is expected to hamper the semiconductors manufacturing material market growth. However, with the growth of AI, the demand for AI-based semiconductors is expected to grow, which will provide impetus to the semiconductors manufacturing material demand.

This research study examines the semiconductor manufacturing material market based on various types and geography segments. First, a brief market overview details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes the semiconductor manufacturing material industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the semiconductor manufacturing material market. Moreover, the research study analyzes the overall regulatory framework of the semiconductor manufacturing material sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

Semiconductor Manufacturing Material Market - Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape, details the strategies of key market players, and plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the semiconductor manufacturing material market report are as below:

• Semiconductor manufacturing material market data tables and charts
• Market outlook with sections on drivers, restraints, Porter's, and industry value chain analysis
• Market assessment by type into silicon, germanium, gallium arsenide, and others.
• A 360 degree view of the demand for semiconductor manufacturing material solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.

Different segments covered under the semiconductor manufacturing material market report are as below:

By Type

• Silicon
• Germanium
• Gallium Arsenide
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others