Global Fab Materials Market Witnessing Rising Adoption Rates in the Semiconductor Materials Market: Technavio

Technavio has published a new report on the global fab materials market from 2017-2021. (Graphic: Business Wire)

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LONDON--()--According to the latest market study released by Technavio, the global fab materials market is projected to grow to USD 31,688.6 million by 2021, at a CAGR of nearly 7% over the forecast period.

This research report titled ‘Global Fab Materials Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

 
Fab materials are chemicals that are used in semiconductor fabrication processes such as etching, oxidation, deposition, and planarization. The increasing use of industrial gases in semiconductor materials market is a key factor boosting the adoption of fab materials, thereby driving the growth of the market.
 

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Based on the material type, the report categorizes the global fab materials market into the following segments:

  • Silicon
  • Electronic gases
  • Photomasks
  • Photoresist ancillaries
  • Chemical mechanical planarization (CMP)
  • Others

The top three revenue-generating type segments in the global fab materials market are discussed below:

Silicon

The fab materials market by silicon held a majority share in 2016 and is expected to grow at a moderate rate through the forecast period. The extensive use of silicon as a semiconductor material for discrete devices is expected to drive the market growth,” says Hitesh Bhatia, a lead analyst at Technavio for metals and minerals research.

Silicon wafers are the fundamental building materials for semiconductors, which are vital in the manufacture of all electronic goods such as computers, telecommunications products, and consumer electronics. They are used in the manufacturing of IC chips for electronic goods such as computers, laptops, smartphones, and other electronic devices.

Electronic gases

Electronic gases are the second most popular type of fab materials, used widely in the manufacture of semiconductors, ICs, LCDs, printed circuit boards, and LEDs. There are more than 30 electronic gases, which include both pure gases and mixtures of different gases. Some of the prominent electronic gases are nitrogen, argon, hydrogen, and helium. Electronic gases are used for oxidation, deposing, etching, sputtering, inerting, and doping processes. The increase in consumption of nitrogen and helium is expected to boost the growth of the market segment.

Photomasks

The demand for photomasks is expected to rise swiftly from captive mask shops in the coming years, making it the fastest growing segment of the fab materials market,” says Hitesh.

Photomasks are plates that allow light to pass through a definite path. Currently, many semiconductor manufacturers prefer to produce the products in-house. The market for photomasks is expected to grow at a high rate because of advanced technology feature sizes and the increased production of photomasks in APAC.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • Air Liquide
  • Hitachi Chemical
  • Fuji Incorporated
  • The Linde Group
  • Solvay

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

According to the latest market study released by Technavio, the global fab materials market is projected to grow to USD 31,688.6 million by 2021, at a CAGR of nearly 7% over the forecast period.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com