Market Overview:
The North America semiconductor materials market size reached US$ 6,899.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 14,985.0 Million by 2032, exhibiting a growth rate (CAGR) of 8.73% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 6,899.5 Million |
Market Forecast in 2032
|
US$ 14,985.0 Million |
Market Growth Rate 2024-2032 |
8.73% |
Semiconductor materials are crystalline solids with an electrical conductivity range between a metal and an insulator. These materials neither demonstrate the properties of a conductor nor an insulator. As they are reliable, cost-efficient, sensitive to heat or light, they are gaining immense preference in the North American region.
The increasing technological advancements in semiconductor materials, such as reduced system size and enhanced system density, represent one of the key factors driving the growth of the market. Apart from this, the key market players like Mitsubishi Gas and Chemical introduced bismaleimide-triazine resin laminates, comprising standard material for BGA packages. This has propelled the market growth of semiconductor materials in the North American region. However, with the onset of the coronavirus disease (COVID-19), governing agencies have implemented complete lockdowns to prevent the spread of the pandemic. This has resulted in the temporary closures of several manufacturing units, thereby negatively affecting the growth of the market. The market is anticipated to experience growth once relaxations in the lockdown are introduced.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America semiconductor materials market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on material, application and end use industry.
Breakup by Material:
- Silicon Carbide
- Gallium Manganese Arsenide
- Copper Indium Gallium Selenide
- Molybdenum Disulfide
- Bismuth Telluride
Breakup by Application:
- Fabrication
- Silicon Wafers
- Electronic gases
- Photomasks
- Photoresist ancillaries
- CMP Materials
- Photoresists
- Wet chemicals
- Others
- Packaging
- Leadframes
- Organic Substrates
- Ceramic Packages
- Encapsulation Resins
- Bonding Wires
- Die-Attach Materials
- Others
Breakup by End Use Industry:
- Consumer Electronics
- Manufacturing
- Automotive
- Energy and Utility
- Others
Breakup by Country:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Material, Application, End Use Industry, Country |
Countries Covered |
United States, Canada |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America semiconductor materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the North America semiconductor materials market?
- What are the key regional markets?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the North America semiconductor materials market and who are the key players?
- What is the degree of competition in the industry?