MILPITAS, CA – The global semiconductor materials market grew 10.6% in 2018, propelling semiconductor materials revenue to $51.9 billion, eclipsing the previous high of $47.1 billion set in 2011, according to SEMI.
Wafer fabrication materials and packaging materials revenues totaled $32.2 billion and $19.7 billion, respectively, in 2018, for year-over-year increases of 15.9% and 3% for the two segments.
For the ninth consecutive year, Taiwan, at $11.4 billion, was the largest consumer of semiconductor materials on the strength of its large foundry and advanced packaging base.
Korea rose in the rankings to claim the second spot, while China fell to third last year.
The materials markets in South Korea, Europe, Taiwan, and China saw the strongest revenue growth, while the North America, Rest of World (ROW) and Japan markets experienced single-digit growth.