The Semiconductor Gases Market size was USD 9.2 billion in 2022 and is expected to Reach USD 16.28 billion by 2030 and grow at a CAGR of 7.4 % over the forecast period of 2023-2030.
Semiconductor gases are a group of gases used in various processes within the semiconductor manufacturing industry. These gases play crucial roles in the fabrication of semiconductor devices, which are essential components of modern electronic devices and integrated circuits. Semiconductor gases are critical in the majority of the stages involved in the fabrication of semiconductors.
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Some common semiconductor gases are Silane, Boron Trichloride, Phosphine, Arsine, and Tungsten Hexafluoride. Some of these gases are industrial gases in their purest form, such as argon, carbon dioxide, helium, hydrogen, nitrogen, and oxygen. Semiconductor chips are at the heart of all modern electronic devices. They have resulted in advancements in military systems, communications, computing, transportation, healthcare, and other sectors.
Furthermore, advances in cutting-edge semiconductor applications enable the development of future technologies like artificial intelligence, quantum computing, and better wireless networks like 5G. The need for high-purity gases utilized in the production of these more advanced devices is likely to rise as the semiconductor manufacturing process gets more complex.
These chips are used to create high-performance devices such as CPUs, GPUs, and NPUs. The development of new technologies that require significant computational capacity to execute machine learning algorithms is predicted to increase demand for logic chips by throughout the forecast period.
KEY DRIVERS
The rapid change in technology and digitalization have boosted market growth.
rising demand from the consumer electronics industry elevates market growth.
During the forecast period, this trend of using these consumer electronics is increasing. Over 60% of the world's population uses the internet and consumer electronics like laptops, smartphones, computers, and tablets, which are more affordable for every people. Furthermore, recent advancements in consumer electronics-supporting technologies, such as IoT and 5G, are projected to increase demand for them. As a result, an increase in demand for consumer electronics is likely to benefit the market and help the semiconductor gas market flourish.
RESTRAIN
The huge gap between the demand for skilled professionals and the supply of qualified personnel.
The limited supply of raw materials has hampered the market growth.
The scarcity of key gas and chemical has limited the expansion of chip manufacturing, and the situation is projected to worsen. Geopolitical tensions, and natural calamities in any region can exacerbate raw material supply-chain problems. The disruption in exports of rare gases, metals, and natural gas (required for electricity generation), all of which are critical to chip manufacturing. Fluorocarbons are critical semiconductor specialty gases that are currently limited due to geographical problems. This limitation can hamper market growth.
OPPORTUNITY
Rising demand for the electric vehicles sector has boosted semiconductors.
The worldwide automotive sector is also a part of the digitalization movement, with typical IC engines employing a considerably greater number of processors and microcontrollers to regulate every other little operation. An electric vehicle contains more electrical components, such as touchscreens, sensors, and power electronics, than a conventional car with an internal combustion engine. electric vehicles are projected to enhance semiconductor manufacturing capacity. As a result, raw materials such as high-purity semiconductor gases, which are needed at every stage of the manufacturing process, will be in increased demand.
CHALLENGES
Rising environmental concerns and the implementation of stringent regulations will restrict industry growth.
Few of the gases used in the fabrication of semiconductors are considered to be the most dangerous to humans and the environment. One of them is fluorinated gases which are widely used in manufacturing processes such as the deposition of chemical vapour, etching, and chamber cleaning. The dangers posed by these gases are divided into three categories: explosion, fire, and pollution. Companies must follow regulations in order to preserve the health and safety of their employees and to prevent workplace accidents.
Russia and Ukraine are major manufacturers of two essential semiconductor materials they are neon and palladium. Ukraine provides approximately 75% of the world's neon supply and Russia produces approximately 40% of the world's palladium supply. The Ukrainian crisis has the potential to exacerbate semiconductor supply chain concerns and chip scarcity that has plagued the industry for the previous two years. Prior to the conflict, more than half (56%) of semiconductor businesses predicted that the chip scarcity would last until 2023. The supply of key raw materials required in semiconductor manufacture, such as neon and palladium, is the most urgent danger. Without neon, chip fabrication grinds are halted.
The semiconductor business is badly struck during an economic downturn. Prices fall as demand diminishes, while production costs rise. This might lead to corporations cutting back on R&D spending, as well as staffing levels and other operational costs. Furthermore, during a downturn, market share can become volatile, particularly among smaller businesses in the industry that lack the financial resources to compete with larger firms. Because the semiconductor sector is so reliant on global trade, one of the most significant effects of a recession may be increased tariffs and other restrictions imposed by governments around the world.
By Product
Electronic Bulk Gas
Electronic Special Gas
by Application
Logic
Memory
Others
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Asia-Pacific has the largest market share in 2021. The Asia Pacific region is the world's largest consumer of semiconductors. Taiwan, which has a significant semiconductor manufacturing sector, is a big consumer. The country has been a leader in manufacturing semiconductor chips, and it continues investments into increasing its production capacity. During the forecast period, other countries like South Korea, China, and Japan are also likely to increase the manufacturing capacity of semiconductors to meet the growing demand. This indirectly boosts semiconductor gas demand.
The rising demand for semiconductors in various sectors, as well as the important role played by them in geopolitics, has pushed countries to manufacture semiconductors at home. Although the majority of semiconductor Application was invented in the United States, the country's share has fallen down in production. The current scarcity of semiconductors has made domestic manufacturing of semiconductor essential in the United States. The United States has made steps to increase domestic production to overcome interdependence on foreign suppliers. The United States Congress just enacted the CHIPS Act which states investment tax credits and investment subsidies.
The European semiconductor industry is emerging at a level as the U.S. semiconductor industry. Europe region carries out most research and development of semiconductors. But the European Union is now focusing on domestic production and wants to increase its share of semiconductor production at a global level. To address the scarcity of semiconductor chips, the EU passed the European Chips Act in February 2022. This act is intended to make it easier to build infrastructure to meet expanding demand, attract new investments, and foster an atmosphere conducive to the development of fresh talent. The region's semiconductor manufacturing business is expected to thrive in the coming years, thanks to increased government support. This, in turn, is likely to offer up new avenues for market growth.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Air Liquide S.A., Linde Group., American Gas Products, Iwatani Corporation, Gruppo SIAD, Air Products Inc, Indiana Oxygen Inc, Sumitomo Seika Chemicals Company, Ltd, SK Materials, SHOWA DENKO K.K, and other key players are mentioned in the final report.
Linde- In 2022 Linde announced an agreement a contract to supply industrial gases to a prominent Singapore semiconductor manufacturer. Linde has inked over $1 billion in new electronics projects with prominent electronics businesses in the last year.
Air Products- In 2022 Air Products San Fu Co. Ltd, will supply industrial gases to the customer's new semiconductor manufacturing plant. Air Products San Fu will invest around $900 million in the construction, ownership, and operation of a variety of onshore factories to deliver ultra-high-quality argon, nitrogen, hydrogen, and oxygen to the complex's advanced fabs.
Iwatani Corporation- In 2022 Helious Speciality Gases signed an arrangement with Iwatani Corporation. Helious would be the first firm in India to have three helium transfill facilities. In addition, the company intends to become the country's main helium provider, admitting large OEMs.
| Report Attributes | Details |
| Market Size in 2022 | US$ 9.2 Bn |
| Market Size by 2030 | US$ 16.28 Bn |
| CAGR | CAGR of 7.4 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Electronic Bulk Gas, Electronic Special Gas) • By Application (Logic, Memory, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Air Liquide S.A., Linde Group., American Gas Products, Iwatani Corporation, Gruppo SIAD, Air Products Inc, Indiana Oxygen Inc, Sumitomo Seika Chemicals Company, Ltd, SK Materials, SHOWA DENKO K.K |
| Key Drivers | • The rapid change in technology and digitalization have boosted market growth. • rising demand from the consumer electronics industry elevates market growth. |
| Market Restraints | • The huge gap between the demand for skilled professionals and the supply of qualified personnel. • The limited supply of raw materials has hampered the market growth. |
Ans. USD 16.28 Billion is the projected Semiconductor Gases Market size of the market by 2030.
Ans. The CAGR Growth rate of the Semiconductor Gases Market over the forecast period is 7.4%.
Ans. Asia Pacific is the fastest-growing region of the Semiconductor Gases Market.
Ans. Rising demand for the electric vehicles sector has boosted semiconductors.
Ans. USD 9.2 billion is the projected value in 2022 for Semiconductor Gases Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.3. Introduction
4.3.1 Impact on major economies
4.3.1.1 US
4.3.1.2 Canada
4.3.1.3 Germany
4.3.1.4 France
4.3.1.5 United Kingdom
4.3.1.6 China
4.3.1.7 Japan
4.3.1.8 South Korea
4.3.1.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Semiconductor Gases Market Segmentation, By Product
8.1 Electronic Bulk Gas
8.2 Electronic Special Gas
9. Semiconductor Gases Market Segmentation, By Application
9.1 Logic
9.2 Memory
9.3 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Semiconductor Gases Market by Country
10.2.2North America Semiconductor Gases Market by Product
10.2.3 North America Semiconductor Gases Market by Application
10.2.4 USA
10.2.4.1 USA Semiconductor Gases Market by Product
10.2.4.2 USA Semiconductor Gases Market by Application
10.2.5 Canada
10.2.5.1 Canada Semiconductor Gases Market by Product
10.2.5.2 Canada Semiconductor Gases Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Semiconductor Gases Market by Product
10.2.6.2 Mexico Semiconductor Gases Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Semiconductor Gases Market by Country
10.3.1.2 Eastern Europe Semiconductor Gases Market by Product
10.3.1.3 Eastern Europe Semiconductor Gases Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Semiconductor Gases Market by Product
10.3.1.4.2 Poland Semiconductor Gases Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Semiconductor Gases Market by Product
10.3.1.5.2 Romania Semiconductor Gases Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Semiconductor Gases Market by Product
10.3.1.6.2 Hungary Semiconductor Gases Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Semiconductor Gases Market by Product
10.3.1.7.2 Turkey Semiconductor Gases Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Semiconductor Gases Market by Product
10.3.1.8.2 Rest of Eastern Europe Semiconductor Gases Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Semiconductor Gases Market by Country
10.3.2.2 Western Europe Semiconductor Gases Market by Product
10.3.2.3 Western Europe Semiconductor Gases Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Semiconductor Gases Market by Product
10.3.2.4.2 Germany Semiconductor Gases Market by Application
10.3.2.5 France
10.3.2.5.1 France Semiconductor Gases Market by Product
10.3.2.5.2 France Semiconductor Gases Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Semiconductor Gases Market by Product
10.3.2.6.2 UK Semiconductor Gases Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Semiconductor Gases Market by Product
10.3.2.7.2 Italy Semiconductor Gases Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Semiconductor Gases Market by Product
10.3.2.8.2 Spain Semiconductor Gases Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Semiconductor Gases Market by Product
10.3.2.9.2 Netherlands Semiconductor Gases Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Semiconductor Gases Market by Product
10.3.2.10.2 Switzerland Semiconductor Gases Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Semiconductor Gases Market by Product
10.3.2.11.2 Austria Semiconductor Gases Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Semiconductor Gases Market by Product
10.3.2.12.2 Rest of Western Europe Semiconductor Gases Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Semiconductor Gases Market by Country
10.4.2 Asia Pacific Semiconductor Gases Market by Product
10.4.3 Asia Pacific Semiconductor Gases Market by Application
10.4.4 China
10.4.4.1 China Semiconductor Gases Market by Product
10.4.4.2 China Semiconductor Gases Market by Application
10.4.5 India
10.4.5.1 India Semiconductor Gases Market by Product
10.4.5.2 India Semiconductor Gases Market by Application
10.4.6 Japan
10.4.6.1 Japan Semiconductor Gases Market by Product
10.4.6.2 Japan Semiconductor Gases Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Semiconductor Gases Market by Product
10.4.7.2 South Korea Semiconductor Gases Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Semiconductor Gases Market by Product
10.4.8.2 Vietnam Semiconductor Gases Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Semiconductor Gases Market by Product
10.4.9.2 Singapore Semiconductor Gases Market by Application
10.4.10 Australia
10.4.10.1 Australia Semiconductor Gases Market by Product
10.4.10.2 Australia Semiconductor Gases Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Semiconductor Gases Market by Product
10.4.11.2 Rest of Asia-Pacific Semiconductor Gases Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Semiconductor Gases Market by Country
10.5.1.2 Middle East Semiconductor Gases Market by Product
10.5.1.3 Middle East Semiconductor Gases Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Semiconductor Gases Market by Product
10.5.1.4.2 UAE Semiconductor Gases Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Semiconductor Gases Market by Product
10.5.1.5.2 Egypt Semiconductor Gases Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Semiconductor Gases Market by Product
10.5.1.6.2 Saudi Arabia Semiconductor Gases Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Semiconductor Gases Market by Product
10.5.1.7.2 Qatar Semiconductor Gases Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Semiconductor Gases Market by Product
10.5.1.8.2 Rest of Middle East Semiconductor Gases Market by Application
10.5.2 Africa
10.5.2.1 Africa Semiconductor Gases Market by Country
10.5.2.2 Africa Semiconductor Gases Market by Product
10.5.2.3 Africa Semiconductor Gases Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Semiconductor Gases Market by Product
10.5.2.4.2 Nigeria Semiconductor Gases Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Semiconductor Gases Market by Product
10.5.2.5.2 South Africa Semiconductor Gases Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Semiconductor Gases Market by Product
10.5.2.6.2 Rest of Africa Semiconductor Gases Market by Application
10.6 Latin America
10.6.1 Latin America Semiconductor Gases Market by Country
10.6.2 Latin America Semiconductor Gases Market by Product
10.6.3 Latin America Semiconductor Gases Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Semiconductor Gases Market by Product
10.6.4.2 Brazil Africa Semiconductor Gases Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Semiconductor Gases Market by Product
10.6.5.2 Argentina Semiconductor Gases Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Semiconductor Gases Market by Product
10.6.6.2 Colombia Semiconductor Gases Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Semiconductor Gases Market by Product
10.6.7.2 Rest of Latin America Semiconductor Gases Market by Application
11 Company Profile
11.1 Linde Group
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Air Liquide S.A
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 American Gas Products (AGP)
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Iwatani Corporation
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Gruppo SIAD
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Air Products Inc
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Indiana Oxygen Inc
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Sumitomo Seika Chemicals Company Ltd
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 SK Materials
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 SHOWA DENKO K.K.
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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