- The key vendors in the global fab material market 2015-2019 are Air Liquide, BASF SE, Dow Corning, DuPont, Hitachi Chemical, Kanto Chemicals and Linde AG.
London, 06 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global fab material market 2015-2019. Many semiconductor materials companies are adopting a fab-lite strategy. It is an asset-lite strategy where vendors are stopping investments in the development of new technologies and leading-edge wafer plants. The global fab materials market is expected to grow at a CAGR of 7.07% during 2014-2019.
The global fab materials market is one of the fastest growing markets in the semiconductor materials market. Fab materials are used in different stages of the process like etching, oxidation, deposition, planarization, etc. The global fab materials market is dominated by APAC, because of its strong base in fabrication materials.
Also, the miniaturization of microelectromechanical systems is creating a need for more advanced photoresists and photoresists ancillaries. These advanced photoresists will experience new advancements in order to form specific patterns on miniature devices.
“With developments in technology and the increased purchasing power of customers, demand for smart devices is increasing. Advanced features in devices such as touchscreens, Wi-Fi connectivity, and access to the Internet are based on signals generated within high-tech circuits within the device,” says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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