2022 semi materials market up 8.9% y-o-y

Wafer fabrication materials and packaging materials revenue in 2022 reached $44.7 billion and $28.0 billion, respectively, increasing 10.5% and 6.3%.

The silicon, electronic gases, and photomask segments showed the strongest growth in the wafer fabrication materials market, while the organic substrates segment largely drove packaging materials market growth.

For the 13th consecutive year, Taiwan, at $20.1 billion, was the world’s largest consumer of semiconductor materials on the strength of its foundry capacity and advanced packaging base.

China continued to register strong year-over-year results, ranking second in 2022, while Korea finished as the third.

Most regions registered high single- or double-digit growth last year.

Source: SEMI (www.semi.org), June 2023