Semiconductor Seals Market to grow beyond US$ 897.2 million by 2025
February 17, 2020
Semiconductor Seals Market Overview:
The semiconductor seals market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 897.2 million in 2025. Several factors are driving the demand for seals in the semiconductor industry including increasing demand for semiconductors in high bandwidth smartphones, automotive, AI and IoT technologies and connected devices. Furthermore, there has been an increasing demand for high-performance seals for the manufacturing of 200mm to 300mm wafer sizes, reinforcing the demand for seals in the industry.
Report Overview:
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s semiconductor seals market realities and future possibilities for the forecast period of 2020 to 2025. After a continuous interest in our oil & gas seals market, pipe seals market, and aircraft seals market report from the industry stakeholders, we have tried to further expand our research scope to the semiconductor seals market. The report segments and analyses the market in the most detailed and comprehensive manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of low-hanging fruits available as well as formulate growth strategies.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Semiconductor Seals Market Segment Insights:
Cleaning/Etching Applocation: The growth engine
Based on the application type, the market is segmented into cleaning/etching, CVD, ALD, PVD, oxidation, diffusion, and others. Cleaning/etching is estimated to remain the largest segment of the market during the forecast period. Rising demand for more efficient cleaning technologies for the development of efficient and effective semiconductors along with growth in the demand for cleaning/etching equipment owing to increasing demand for small devices such as smartphones, laptops and other consumer goods is driving the segment’s market. CVD application is estimated to be the fastest-growing segment during the forecast period. Increasing investment towards the development of thin-film solar photovoltaics and a surge in the demand for semiconductor lasers are driving the growth of CVD applications.
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https://www.stratviewresearch.com/toc/809/Semiconductor-Seals-Market.html
Dominance of: FFKM
Based on material type, the market is segmented into FKM, FFKM, fluorosilicone, and others. FFKM is expected to remain the dominant and fastest-growing sealing material type during the forecast period. Increasing demand for high-performance seals in the wake of rising wafer size will continue to propel the demand for FFKM seals. FFKM is one of the most expensive elastomers, which founds usage in gaskets and o-rings as they can sustain harsh environments and high operating temperatures.
A highly/moderately/fragment consolidated Market
The supply chain of this market comprises of raw material suppliers, semiconductor seals manufacturers, semiconductor equipment manufacturers, and semiconductor fabricators. The key players in the semiconductor seals market are Trelleborg AB, EnPro Industries, Inc., DuPont De Nemours, Inc., Valqua Ltd., Greene Tweed & Co., Inc., EKK Eagle Industries Co., Ltd, Parker-Hannifin Corporation, Freudenberg Group, Precision Polymer Engineering Limited, and MNE Co., Ltd.
Regional Hegemony of Asia-Pacific
In terms of region, Asia-Pacific is projected to remain the largest and fastest-growing market for semiconductor seals during the forecast period. Asia-Pacific is the manufacturing capital of the electrical & electronics industry, driven by many factors including low-cost manufacturing advantage, availability of raw materials, developed supply chain, and huge indigenous demand. Over the years, there has been a manufacturing shift in the electronics industry from the developed markets to Asia-Pacific.
China has been the growth engine of the region’s market as the country is the largest semiconductor producer in the world. Increasing fab equipment investment and semiconductor production have resulted in the growing demand for semiconductor seals in the country. Presence of major semiconductor fabricators, such as SK Hynix, Taiwan Semiconductor Manufacturing Company (TSMC), Samsung, and Toshiba; and major semiconductor equipment manufacturers, such as Tokyo Electron Limited and Hitachi Kokusai Electric, is creating a high demand for semiconductor seals in the region.
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