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Semiconductor & Ic Packaging Materials Market By Material Type (organic Substrates, Solder Balls, Bonding Wires, Die-attach Materials, Lead Frames, Encapsulation Resins, Ceramic Packages) – Global Industry Analysis And Forecast To 2023

ID: DMR12755 | Reports | 31-Jul-2019 | Global | 127 | Crystal Market Research

Semiconductor & Ic Packaging Materials Market By Material Type (organic Substrates, Solder Balls, Bonding Wires, Die-attach Materials, Lead Frames, Encapsulation Resins, Ceramic Packages) – Global Industry Analysis And Forecast To 2023

Industry Outlook and Trend Analysis

The Semiconductor and IC Packaging Materials Market was worth USD 20.98 billion in 2014 and is expected to reach approximately USD 30.77 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.35% during the forecast period. Semiconductor and IC bundling materials are used to shield ICs or semiconductor products from outer ecological factors, for example, humidity and corrosion. These bundling materials are used alongside cutting edge technology keeping in mind the end goal to give most extreme security. These packaging materials shape a base of semiconductor devices for creation of end points to associate.

Drivers and Restraints

The perpetual R&D by key players towards making the electronic packaging materials exceedingly dependable is raising the development of the worldwide semiconductor and IC bundling materials market. The expanding demand for consumer electronics is increasing the market. The rising awareness about the value of electronic bundling materials in a wide range of applications is likewise giving a significant lift to the development of the market. Besides, the fluctuating costs of raw materials are unfavourably influencing the development of the market. Nonetheless, players are foreseen to tap enormous potential in developing economies keeping in mind the end goal to boost their revenue.

Market Segmentation

The global semiconductor and IC packaging materials market is segmented on the basis of material types as organic substrates, solder balls, bonding wires, die-attach materials, lead frames, encapsulation resins, and ceramic packages. The organic substrate segment is dominates the market. Organic substrates form a base of the semiconductor device and are produced by another layer to complete the circuit. This material is favoured over leading frames for industrial applications.

Regional Outlook and Trend Analysis

Asia Pacific is the leading section in the worldwide semiconductor and IC bundling market attributable to its expanding populace. Nonetheless, India and China are likewise developing as the worldwide pioneer in the semiconductor and IC bundling market because of expanding discretionary income and ideal condition for semiconductor industries. North America reflects a significant development in the semiconductor market. Europe is additionally foreseen to witness appeal for electronics products.

Competitive Insights

The leading players in the market are Sumitomo Chemical, Hitachi Chemical Company Ltd, BASF, Toray Industries, Mitsui High-tec Inc, LG Corp, Henkel, Alent and Tanaka Kikinzoku. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Semiconductor and IC Packaging Materials Market is segmented as follows-

By Material Type:

Organic Substrates
Solder Balls
Bonding Wires
Die-Attach Materials
Lead Frames
Encapsulation Resins
Ceramic Packages

By Region

North America

U.S.
Canada
Mexico

Europe

Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America

Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

Some of the key questions answered by the report are:

What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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Description

Industry Outlook and Trend Analysis The Semiconductor and IC Packaging Materials Market was worth USD 20.98 billion in 2014 and is expected to reach approximately USD 30.77 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.35% during the forecast period. Semiconductor and IC bundling materials are used to shield ICs or semiconductor products from outer ecological factors, for example, humidity and corrosion. These bundling materials are used alongside cutting edge technology keeping in mind the end goal to give most extreme security. These packaging materials shape a base of semiconductor devices for creation of end points to associate. Drivers and Restraints The perpetual R&D by key players towards making the electronic packaging materials exceedingly dependable is raising the development of the worldwide semiconductor and IC bundling materials market. The expanding demand for consumer electronics is increasing the market. The rising awareness about the value of electronic bundling materials in a wide range of applications is likewise giving a significant lift to the development of the market. Besides, the fluctuating costs of raw materials are unfavourably influencing the development of the market. Nonetheless, players are foreseen to tap enormous potential in developing economies keeping in mind the end goal to boost their revenue. Market Segmentation The global semiconductor and IC packaging materials market is segmented on the basis of material types as organic substrates, solder balls, bonding wires, die-attach materials, lead frames, encapsulation resins, and ceramic packages. The organic substrate segment is dominates the market. Organic substrates form a base of the semiconductor device and are produced by another layer to complete the circuit. This material is favoured over leading frames for industrial applications. Regional Outlook and Trend Analysis Asia Pacific is the leading section in the worldwide semiconductor and IC bundling market attributable to its expanding populace. Nonetheless, India and China are likewise developing as the worldwide pioneer in the semiconductor and IC bundling market because of expanding discretionary income and ideal condition for semiconductor industries. North America reflects a significant development in the semiconductor market. Europe is additionally foreseen to witness appeal for electronics products. Competitive Insights The leading players in the market are Sumitomo Chemical, Hitachi Chemical Company Ltd, BASF, Toray Industries, Mitsui High-tec Inc, LG Corp, Henkel, Alent and Tanaka Kikinzoku. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. The Semiconductor and IC Packaging Materials Market is segmented as follows- By Material Type: Organic Substrates Solder Balls Bonding Wires Die-Attach Materials Lead Frames Encapsulation Resins Ceramic Packages By Region North America U.S. Canada Mexico Europe Germany UK France Russia Italy Rest of Europe Asia-Pacific China Japan South Korea India Southeast Asia Rest of Asia-Pacific South America Brazil Argentina Columbia South Africa Rest of South America Middle East and Africa Saudi Arabia UAE Egypt Nigeria South Africa Rest of MEA Some of the key questions answered by the report are: What was the market size in 2014 and forecast from 2015 to 2023? What will be the industry market growth from 2015 to 2023? What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast? What are the major segments leading the market growth and why? Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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