Semiconductor Chemicals Market is thriving worldwide by 2029

Semiconductor chemicals market is projected to grow at a compound annual growth rate (CAGR) of 11.8% during the forecast period (2023-2030). Semiconductor chemicals are substances that enhance the performance of semiconductors, which are solid chemical compounds that can conduct electricity under certain conditions. Increasing demand for advanced semiconductor devices, such as AI and ML chips, across a wide range of applications, including consumer electronics, automotive, and data centers, is a key driver of market growth. Advanced semiconductor devices require more complex manufacturing processes and use more semiconductor chemicals than traditional semiconductor devices. Additionally, advanced semiconductor devices are often made using new semiconductor materials, such as gallium nitride (GaN) and silicon carbide (SiC), which require different semiconductor chemicals than traditional semiconductor materials.

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Consumer electronics devices, such as smartphones, laptops, and televisions, are becoming increasingly sophisticated and require more powerful semiconductor devices. For example, AI chips are used in smartphones for tasks such as facial recognition and natural language processing. ML chips are used in televisions for tasks such as image and video processing. Automotive applications, such as self-driving cars and advanced driver assistance systems (ADAS), require a wide range of semiconductor devices, including AI chips and ML chips. These devices are used for tasks such as object detection, lane keeping, and adaptive cruise control. Data centers, which are used to power the internet and cloud computing, are increasingly reliant on advanced semiconductor devices. AI chips and ML chips are used for tasks such as machine translation, image recognition, and natural language processing.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Semiconductor Chemicals Market by Type

  • Cleaning chemicals
  • Deposition chemicals
  • Etching chemicals
  • Photoresist chemicals
  • Others (Doping chemicals, CMP slurries, and Conductive Polymers)

Global Semiconductor Chemicals Market by Application

  • Photoresist
  • Etching
  • Deposition
  • Cleaning
  • Doping
  • Others (Chemical Mechanical Planarization (CMP) and Packaging)

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Air Products and Chemicals, Inc.
  • Asahi Kasei Corp.
  • FUJIFILM Corp.
  • Heraeus Grp.
  • Hitachi High-Tech Corp.
  • JSR Corp.
  • Kanto Denka Kogyo Co., Ltd.
  • LG Chem, Ltd.
  • Merck Grp.
  • Mitsubishi Chemical Corp.
  • Nippon Shokubai Co., Ltd.
  • SAMSUNG SDI CO., LTD.
  • Shin-Etsu Chemical Co., Ltd.
  • Shin-Etsu Chemical Co., Ltd.
  • SK Siltron Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Tokuyama Corp.
  • Tokyo Ohka Kogyo Co., Ltd.
  • TOSHIBA MATERIALS CO., LTD.
  • Umicore

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global Semiconductor Chemicals market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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