Market Share of Semiconductor Materials Industry
Brand identity plays a major role in the Semiconductor Materials market, considering the importance of quality that the end-users expect from a semiconductor manufacturing player. The market penetration is also high with the presence of large market incumbents, such as BASF, L.G Chem Ltd., and KYOCERA Corporation. Overall, the intensity of competitive rivalry is expected to grow moderately over the forecast period.
In November 2022, Indium Corporation, a worldwide materials provider to the electronics assembly and semiconductor packaging company in the United States, opened its newest 37,500-square-foot production plant in Penang, Malaysia. The new plant has begun manufacturing operations and will increase production capacity to service better the company's clients in Malaysia and the neighboring area, notably Thailand and Vietnam.
In May 2022, L.G. Chem began developing photoresist (P.R.) utilized in the semiconductor back-end processes with the intention of providing it to worldwide semiconductor businesses. After engraving ultra-fine circuit designs on the front-end procedure of semiconductors, the company is creating P.R. for the back-end technique to improve chip performance.
Semiconductor Materials Market Leaders
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BASF SE
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LG Chem Ltd
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Indium Corporation
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Showa Denko Materials Co. Ltd (showa Denko K.K)
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KYOCERA Corporation
*Disclaimer: Major Players sorted in no particular order
