Semiconductor Chemicals Market To Reach $28.0 Billion By 2030

Semiconductor Chemicals Market Growth & Trends

The global semiconductor chemicals market size is anticipated to reach USD 28.0 billion by 2030, registering a CAGR of 11.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the growing demand for end-use products, such as automotive, and consumer electronic products, such as tablets and mobile phones. The emergence of new technologies and applications, such as the Internet of Things (IoT), artificial intelligence (AI), autonomous vehicles, and 5G communication, is driving the demand for semiconductor chemicals. These technologies require advanced microprocessor chips to enable their functionality.

For example, AI and IoT devices rely on sensors, processors, and memory chips, all of which require specialized chemicals for their fabrication. The increasing adoption of these technologies across various industries creates opportunities for semiconductor chemical manufacturers to cater to the growing demand. Sustainability has become a key trend in the market. Companies are increasingly focusing on developing environmentally friendly and sustainable materials to reduce their environmental impact. This includes the use of green solvents, reducing waste generation, and adopting cleaner manufacturing processes.

The industry is also exploring recycling and circular economy initiatives to minimize resource consumption and waste generation. The North America regional market for semiconductor chemicals benefits from the region’s robust R&D capabilities, strong intellectual property protection, and access to advanced manufacturing technologies. The region’s emphasis on innovation, coupled with a highly skilled workforce, contributes to the growth and competitiveness of the microprocessor chips chemicals market. In addition, North America’s close collaboration with other regions, such as Asia Pacific, in the semiconductor supply chain further strengthens its position in the global market.

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Semiconductor Chemicals Market Report Highlights

• The high-performance polymers segment is estimated to grow at the fastest CAGR of more than 12% from 2024 to 2030 owing to the exceptional properties of these polymers, such as thermal stability, chemical resistance, and mechanical strength, enabling them to be used in diverse applications

• The optoelectronics segment is expected to witness the fastest CAGR of approximately 12.4% from 2024 to 2030 due to the growing consumption in sectors, such as telecommunications, automotive, and healthcare

• North America is expected to register the fastest CAGR of 12.8% from 2024 to 2030 due to the significant growth in end-user industries, such as electronics, automotive, and other industrial sectors

• The semiconductor industry's expansion into new countries or regions is influenced by factors, such as supply chain security, sustainability, and subsidies. Companies are seeking to improve their supply chain resilience and expand their global footprint to avoid dependence on a single market

Semiconductor Chemicals Market Segmentation

Grand View Research has segmented the global semiconductor chemicals market on the basis of basis of type, end-use, and region:

Semiconductor Chemicals Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• High-performance Polymers

• Acid & Base Chemicals

• Adhesives

• Solvents

• Others

Semiconductor Chemicals End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Integrated Circuits

• Discrete Semiconductor

• Optoelectronics

• Sensors

Semiconductor Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Taiwan

• Central & South America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • South Africa

List of Key Players in Semiconductor Chemicals Market

• Taiwan Semiconductor Integrated Circuits Company Ltd.

• BASF SE

• Eastman Chemical Company

• FUJIFILM Corporation

• Honeywell International Inc.

• Linde PLC

• Solvay

• VWR International, LLC.

• Entegris

• SK Inc.