The global Semiconductor Chemicals market is anticipated to grow at a CAGR of 11.8% during the forecast period (2024-2031). The electronics manufacturing industry is growing rapidly, driven by the demand for consumer electronics products, such as smartphones, laptops, and televisions. The growth of the electronics manufacturing industry is driving the demand for semiconductor chemicals. For example, smartphones now have multiple cameras, high-resolution displays, and powerful processors. This requires semiconductor devices that are more powerful and efficient than ever before. In 2022, global shipments of smartphones, laptops, and televisions are expected to reach 1.4 billion units, 205 million units, and 207 million units, respectively. This growth is being driven by the rising middle class in emerging markets and the increasing adoption of new technologies, such as 5G and artificial intelligence.
In 2022, Samsung announced plans to invest $350 billion in its semiconductor business over the next five years. This investment will be used to build new semiconductor manufacturing facilities and develop new semiconductor technologies. The expansion of Samsung’s semiconductor manufacturing capacity will drive the demand for semiconductor chemicals. TSMC’s revenue increased 35% year-over-year to $18.1 billion. This growth was driven by strong demand from semiconductor buyers, such as smartphone manufacturers and data center operators. TSMC’s revenue growth is a sign of the strong demand for semiconductor chips and the growth of the electronics manufacturing industry.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape includes BASF SE, The Dow Chemical Co., DuPont de Nemours, Inc., Entegris, Lam Research Corp., and others.
Semiconductor Chemicals Market Report Segment
By Type
- Cleaning chemicals
- Deposition chemicals
- Etching chemicals
- Photoresist chemicals
- Others (Doping chemicals, CMP slurries, and Conductive Polymers)
By Application
- Photoresist
- Etching
- Deposition
- Cleaning
- Doping
- Others (Chemical Mechanical Planarization (CMP) and Packaging)
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Semiconductor Chemicals Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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
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