The Semiconductor Gases Global Market Report 2023 by The Business Research Company, provides semiconductor gases market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Semiconductor Gases Global Market Report 2023, the global semiconductor gas market size is expected to grow from $8.45 billion in 2022 to $9.08 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions and affecting many markets across the globe. The global semiconductor gas market size is expected to reach $11.78 billion in 2027 at a CAGR of 6.7%.
The rising demand for semiconductors is expected to propel the growth of the semiconductor gas market going forward. The electrical conductivity of semiconductors, which are crystalline solids, lies in the middle of that of insulators and conductors. Semiconductor gases play a critical role in the manufacturing of semiconductors. They are used in various processes, such as chemical vapor deposition (CVD), etching, and cleaning. Semiconductor gases are used extensively in the manufacturing process of semiconductors, and as the demand for semiconductors increases, so does the demand for semiconductor gases.
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The semiconductor gases market is segmented:
1) By Type: Bulk Gases, Electronic Special Gases
2) By Process: Chamber Cleaning, Oxidation, Deposition, Etching, Doping, Other Processes
3) By Application: Semiconductor Component, Printed Circuit Board (PCBs), Displays, Solar (PV), Light Emitting Diode (LED), Other Applications
Increasing research and development activities is a key trend gaining popularity in the semiconductor gas market. Major companies operating in the semiconductor gas market are focusing on research and development activities to develop advanced and unique products to sustain their position in the market. For instance, Merck & Co., Inc., a US-based pharmaceutical company, partnered with Micron Technology Inc., a US-based provider of cutting-edge memory and storage solutions, to provide gas solutions with a low global warming potential (GWP) utilized in the manufacturing of semiconductors. After working together iteratively for a year, Micron is now evaluating the performance of a new, lower-GWP Etch gas from Merck’s Research & Development division to replace an older, higher-GWP substance.
The semiconductor gases market report table of contents includes:
1. Executive Summary
2. Semiconductor Gases Market Characteristics
3. Semiconductor Gases Market Trends And Strategies
4. Semiconductor Gases Market – Macro Economic Scenario
5. Semiconductor Gases Market Size And Growth
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26. Africa Semiconductor Gases Market
27. Semiconductor Gases Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Semiconductor Gases Market
29. Semiconductor Gases Market Future Outlook and Potential Analysis30. Appendix
Top Major Players:
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