Global Piping System for Semiconductor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Piping System for Semiconductor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Piping System for Semiconductor ensures the complexity and sensitivity of processes and products in the semiconductor industry. A range of Piping Systems for Semiconductor for safe and reliable delivery of critical processing fluids in semiconductor production. Piping systems in this report refer to large-scale transportation piping systems used in the semiconductor industry, excluding equipment.

Market Overview:

The latest research study on the global Piping System for Semiconductor market finds that the global Piping System for Semiconductor market reached a value of USD 1157.42 million in 2022. It’s expected that the market will achieve USD 1738.91 million by 2028, exhibiting a CAGR of 7.02% during the forecast period.

Piping System for Semiconductor Growth Drivers

Semiconductors require a very clean environment during manufacturing, and the Piping System for Semiconductor can be used to deliver ultrapure gases. Piping System for Semiconductor meets the production needs of semiconductor products. With the development of society, the market demand for various products such as smartphones and electrical appliances has increased, and the global demand for chips is huge. In recent years, governments around the world have successively issued a series of policies to support the development of the semiconductor industry. For example, the US Chip and Science Act mentioned investing $52.7 billion in the semiconductor industry to encourage the manufacture of semiconductor chips.
With global technological progress and the industrial application of 5G technology, artificial intelligence, new energy vehicles and other technologies, the global semiconductor market is expected to continue to grow. According to the World Semiconductor Trade Statistics Society (WSTS), the world semiconductor industry will grow by 8.8% in 2022 to reach $601.4 billion. Therefore, the continuous development of the semiconductor industry will further increase the demand for Piping System for Semiconductor.

Piping System for Semiconductor Market Challenges

Steel prices are on the rise against the backdrop of the Russian-Ukrainian war. Russia and Ukraine account for a large share of global steel exports, and the Russian-Ukrainian war is hitting the steel market, causing prices to rise.
Currently, global stainless prices are rising; raw material prices are also affected by supply chain disruptions and other complications of the war. Rising raw material prices have challenged production costs in the Piping System for Semiconductor industry.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview

The top three companies are Georg Fischer Harvel, Swagelok, Kineticwith the revenue market share of 19.86%, 16.81% and 7.93% in 2021.

Georg Fischer Harvel has been providing high-quality piping systems and professional solutions to customers in many industries around the world. The Georg Fischer Harveld product portfolio includes pressure pipes, waste water pipes, double vessels, pipe fittings, connection technology and other products primarily for the safe and reliable transport of water and aggressive media.

Swagelok Company is a privately held developer and provider of fluid system products, assemblies, training, and services for the oil and gas, chemical and petrochemical, semiconductor, transportation, and power industries.

Segmentation Overview:

Among different product types, Plastic segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Process Water segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Piping System for Semiconductor market covered in Chapter 3:

Georg Fischer Harvel
Asahi/America
Kinetics
Swagelok
AGRU
High Purity Systems
Parker
SIMONA
NISSHO ASTEC CO., LTD.
Valex
EGMO Ltd
Lesico
IPEX
Allied Supreme Corp
Dockweiler

In Chapter 4 and Chapter 14.2, on the basis of types, the Piping System for Semiconductor market from 2018 to 2029 is primarily split into:

Plastic
Stainless Steel
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Piping System for Semiconductor market from 2018 to 2029 covers:

Process Water
Process Chemicals
Specialty Gas
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)