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
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 6,899.5 Million |
Market Forecast in 2032
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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.
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:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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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) |