What is the future of Semiconductor Seals Market? Know Covid Impact on Size, Share & Forecasts
July 21, 2020
It was estimated prior to this unanticipated outbreak that the Semiconductor Seals Market will reach an estimated value of US$ 897.2 million in 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
For a more detailed breakdown of the COVID-19 impact on this Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/809/Semiconductor-Seals-Market.html
Semiconductor Seals Market Share Analysis
Semiconductor Seals Market Share by Application Type
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.
Semiconductor Seals Market Share by Material Type
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.
Semiconductor Seals Market Share by Product Type
Based on the product type, the market is segmented into o-rings, lip/bonded seals, gaskets, and others. O-ring is expected to remain the dominant product type during the forecast period, propelled by high usage of o-rings in the semiconductor manufacturing process. O-rings can be used in both static and dynamic applications where there is relative motion between the parts and O-ring. O-rings are required to sustain some of the harshest operating environments during the semiconductor production process, such as high heat, aggressive plasma, hot wet chemicals and amines, and remote NF3 cleans. These factors have led to an increased usage of FKM, FFKM, and fluorosilicone materials in the manufacturing of o-rings.
Regional Insights
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.
Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/809/Semiconductor-Seals-Market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176