SEMI: Semiconductor Materials Market to Exceed US$70 Billion By 2023

As semiconductor processes continue to advance towards the single-digit nanometer node, advanced materials play an indispensable and critical role as they affect process yields and product stability. Recently, according to Taiwan media reports, SEMI estimates that in 2023 the semiconductor materials market size is expected to exceed $ 70 billion.

SEMI materials committee chairman and TSMC director Michael Chen said, at this stage, the semiconductor industry's most priority common goal is to continue to advance in the process of advanced processes through innovative materials while taking into account sustainable development. TSMC attaches great importance to the impact of material quality on advanced process yields and built Taiwan's first Advanced Materials Analysis Center last year to monitor the selection of materials for advanced processes and system integration chips to continuously optimize process yields, and to expand globally with Taiwan as the center to continue to promote the sustainable development of the global industry.

SEMI's Global Marketing Director and President of Taiwan, Mr. Shih-Lun Tsao, said that strategic materials are inextricably linked to the continued development of semiconductors and are the key to maintaining a competitive edge in the industry today. In view of the application of semiconductor materials, according to the SEMI report, the semiconductor materials market is expected to grow 8.6% in 2022, hitting a new high market size of $69.8 billion, of which the wafer materials market will grow 11.5% to $45.1 billion, packaging materials market is expected to grow 3.9% to $24.8 billion. By 2023, the overall materials market is expected to exceed US$70 billion.

He Jun, Vice President of Quality and Reliability at TSMC, said, "In the face of narrowing line widths and the increasing difficulty of breaking Moore's Law, it is important to continue to achieve the highest quality per unit area. In order to continue to achieve the challenge of multiplying the number of crystals per unit area, relying on packaging technology, system integration, and even materials innovation and R&D are all important factors in advancing the continued development of advanced technologies."

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