During the COVID-19 pandemic, more and more people work and study at home, leading to increased market demand for various semiconductor products such as chips used in smartphones and computers.
The International Semiconductor Industry Association (SEMI) stated that in 2021, the global semiconductor materials market will grow by 6% to reach 58.7 billion U.S. dollars.
SEMI data shows that in 2020, the global semiconductor materials market is worth 55.3 billion U.S. dollars, an increase of 5% compared to 2019, and surpassing the high of 52.9 billion U.S. dollars set in 2018.
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Among them, the revenue of wafer manufacturing materials and semiconductor packaging materials was 34.9 billion U.S. dollars and 20.4 billion U.S. dollars, an increase of 6.5% and 2.3% year-on-year.
SEMI’s data also shows that last year, South Korea’s semiconductor materials market was 9.23 billion U.S. dollars, but in 2022 this number will grow to 10.53 billion U.S. dollars.
