Global Semiconductor Chemicals Market 2023-2030

Description

List of Tables

Global Semiconductor Chemicals Market Size, Share & Trends Analysis Report by Type (Cleaning Chemicals, Deposition Chemicals, Etching Chemicals, Photoresist Chemicals, and Others), and by Application (Photoresist, Etching, Deposition, Cleaning, Doping, and Others), Forecast Period (2023-2030)

The global 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.

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.

Segmental Outlook

The global Semiconductor Chemicals market is segmented by type and applications. Based on the Type, the market is sub-segmented into cleaning chemicals, deposition chemicals, etching chemicals, photoresist chemicals, and others. Further, based on applications, the market is sub-segmented into photoresist, etching, deposition, cleaning, doping, and others.

The Photoresist Sub-Segment is Anticipated to Hold a Considerable Share of the Global Semiconductor Chemicals Market

Among the Applications, the Photoresist sub-segment is expected to hold a considerable share of the global Semiconductor Chemicals market. The photoresist is a light-sensitive material that is used to create patterns on semiconductor wafers. The photoresist is applied to the wafer and then exposed to light through a mask. The exposed photoresist is removed, leaving a pattern on the wafer. This pattern is then used to etch the wafer, creating the desired semiconductor device. The growth of the segment is due to various reasons. The photoresist is an essential material in the semiconductor manufacturing process. All semiconductor devices require photoresists to create the patterns that define their structure and function. The photoresist market is highly concentrated, with a few major players dominating the market. This allows the major players to set prices and control the supply of photoresists. The photoresist market is relatively mature, and there is less innovation in the market than in other segments of the semiconductor chemicals market. This makes it difficult for new entrants to compete in the market.

Regional Outlook

The global semiconductor chemicals market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe. There are several reasons why the Asia Pacific region holds the largest market share in the semiconductor chemicals market. The Asia Pacific region is a major hub for electronics manufacturing. The region produces a wide range of electronics products, such as smartphones, laptops, and televisions. The electronics manufacturing industry is a major consumer of semiconductor chemicals.

The North American Region is Expected to Grow at a Significant CAGR in the Global Semiconductor Chemicals Market

Among all regions, the North American region is anticipated to grow at a considerable CAGR over the forecast period. The North American region is a major hub for semiconductor research and development. The region's universities and research institutions are at the forefront of developing new semiconductor technologies. The North American region has a strong electronics manufacturing industry. The region produces a wide range of electronics products, such as computers, servers, and networking equipment. The electronics manufacturing industry is a major consumer of semiconductor chemicals. The North American region is home to some of the world's largest semiconductor manufacturers, such as Intel, Micron Technology, and Qualcomm. These companies are the primary consumers of semiconductor chemicals.

Market Players Outlook

The major companies serving the semiconductor chemicals market include BASF SE, The Dow Chemical Co., DuPont de Nemours, Inc., Entegris, Lam Research Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023 Ami Organics ventured into the semiconductor industry. Ami Organics Limited, the manufacturer of advanced pharmaceutical intermediates and specialty chemicals, announced its venture into the semiconductor industry following a board nod for the acquisition of a 55 % partnership interest in Baba Fine Chemicals (BFC).

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.

Product Code: OMR2027940

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. BASF SE
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. The Dow Chemical Co.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. DuPont de Nemours, Inc.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Entegris
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. Lam Research Corp.
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Key Strategy Analysis

4. Market Segmentation

4.1. Global Semiconductor Chemicals Market by Type
- 4.1.1. Cleaning chemicals
- 4.1.2. Deposition chemicals
- 4.1.3. Etching chemicals
- 4.1.4. Photoresist chemicals
- 4.1.5. Others (Doping chemicals, CMP slurries, and Conductive Polymers)
4.2. Global Semiconductor Chemicals Market by Application
- 4.2.1. Photoresist
- 4.2.2. Etching
- 4.2.3. Deposition
- 4.2.4. Cleaning
- 4.2.5. Doping
- 4.2.6. Others (Chemical Mechanical Planarization (CMP) and Packaging)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Air Products and Chemicals, Inc.
6.2. Asahi Kasei Corp.
6.3. FUJIFILM Corp.
6.4. Heraeus Grp.
6.5. Hitachi High-Tech Corp.
6.6. JSR Corp.
6.7. Kanto Denka Kogyo Co., Ltd.
6.8. LG Chem, Ltd.
6.9. Merck Grp.
6.10. Mitsubishi Chemical Corp.
6.11. Nippon Shokubai Co., Ltd.
6.12. SAMSUNG SDI CO., LTD.
6.13. Shin-Etsu Chemical Co., Ltd.
6.14. Shin-Etsu Chemical Co., Ltd.
6.15. SK Siltron Co., Ltd.
6.16. Sumitomo Chemical Co., Ltd.
6.17. Tokuyama Corp.
6.18. Tokyo Ohka Kogyo Co., Ltd.
6.19. TOSHIBA MATERIALS CO., LTD.
6.20. Umicore