Global Semiconductor Plastics Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Semiconductor Plastics Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Semiconductor Plastics refers to plastics used in the semiconductor industry. Specifically, components related to the semiconductor industry such as CMP retaining rings and printed circuit boards can be made of plastic materials. Plastic for semiconductors helps maintain high standards of purity during semiconductor production, ensuring that less time and resources are wasted and that electronics function exactly as they were designed to.

Market Overview:

The latest research study on the global Semiconductor Plastics market finds that the global Semiconductor Plastics market reached a value of USD 2922.33 million in 2023. It’s expected that the market will achieve USD 5059.28 million by 2029, exhibiting a CAGR of 9.58% during the forecast period.

After a period of development, the industry is at a growth stage. With the continuous upgrading of products and the development of technology and economy, the market continues to expand. The Semiconductor Plastics industry is primarily a highly competitive market. Market concentration is relatively low. The market share of the top three companies in 2023 was 25.52%.

Electronification Trend Drives Demand for Semiconductor Plastics

With the deep integration of the Internet, big data, artificial intelligence technology and traditional industries, the world economy is undergoing a comprehensive transformation from an industrial economy to a digital economy. Technological innovation based on digital technology is reshaping the global economic structure, transforming traditional industries, and forming a new economic competition pattern. At the same time, these digital transformations are also driving the digitization of everything from consumer goods, IoT devices, and automobiles to medical equipment.
Semiconductor Plastics is used in the mass production of semiconductor chips. The trend of electronization in various industries across the globe has increased the market demand for semiconductor chips, thereby driving the growth of the market demand for Semiconductor Plastics.

The process continues to be upgraded, and the Semiconductor Plastics market is growing steadily

The high prosperity of the semiconductor industry has driven the steady growth of the Semiconductor Plastics market. With the rising prosperity of the semiconductor material industry, the Semiconductor Plastics market is expected to maintain a steady growth rate driven by the downstream market.

Chip manufacturing process refers to the smallest size that can be etched on a silicon wafer, also called gate length. The more advanced the technology, the smaller the manufacturing process, the more transistors a silicon wafer can produce, the stronger the function of the processor, and the higher the computing efficiency. Since the beginning of the 21st century, the rise of new applications such as 5G, artificial intelligence, and autonomous driving has put forward higher requirements for chip performance, and has also promoted continuous innovation in semiconductor manufacturing processes and new materials. 2001: The chip process technology is 130nm, such as the Pentium 3 processor. 2012: The process technology has been developed to 22nm. At this time, many manufacturers such as UMC and MediaTek can achieve 22nm semiconductor process technology. 2017: The chip manufacturing process entered the 10nm era. 2020: The chip manufacturing process begins to enter the 5nm era. In the future, the manufacturing process of integrated circuits will be further refined and develop towards the 3nm process.

Advanced manufacturing processes provide impetus for the expansion of the Semiconductor Plastics market.

Region Overview:

In 2023, the share of the Semiconductor Plastics market in China stood at 21.56%.

Company Overview:

Syensqo is one of the major players operating in the Semiconductor Plastics market, holding a share of 10.75% in 2024.

Syensqo SA manufactures chemicals and plastics. The Company produces soda ash, hydrogen peroxide, functional polymers, silica, surfactants, food and fragrance flavors, and other specialty polymers. Syensqo offers its products to numerous industries, including the aerospace, alternative energy, automotive, chemical, construction, consumer goods, food and beverage, and oil and gas markets.

Segmentation Overview:

By type, Polycarbonate (PC) segment accounted for the largest share of market in 2023.

Polyetheretherketone (PEEK)

PEEK is short for polyether ether ketone. These polymers are notable for their phenylene rings and oxygen bridges, which result in resilience, durability, and strength. CMP (chemical-mechanical positioning) rings made with PEEK can provide less downtime, and more throughput with up 2x wear resistance compared to other materials. Semiconductor equipment manufacturers use PEEK screws and fasteners in wet benches. Chip manufacturers use hydrofluoric acid which is a corrosive chemical that can damage metals. Since PEEK is chemical-resistant, chip manufacturers are utilizing PEEK screws. These screws are used in the production of ICU’s since they are a high-purity material and possess low-outgas properties. PEEK is also used to manufacture manifolds for semiconductor production equipment.

Polyphenylene Sulfide (PPS)

Polyphenylene sulfide (PPS) is a semi crystalline, high temperature engineering thermoplastic. Polyphenylene Sulfide (PPS) is used in semiconductors as a raw material for manufacturing equipment parts and semiconductor devices.

Polyethylene Terephthalate (PET)

Polyethylene Terephthalate (PET) is the name of a type of clear, strong, lightweight and 100% recyclable plastic.

Polycarbonate (PC)

Polycarbonate is one of the strongest plastics in existence, with applications in the semiconductor industry ranging from device test sockets to piping components like valves, tubing and filtration elements. It can also be cut or cold-formed on-site during the installation process, adding to its ability to meet the exacting requirements of the semiconductor industry. As a semiconductor plastic, polycarbonate also resists electrical shock and aids in dampening static electricity, which is crucial when manufacturing semiconductor devices.

Polyoxymethylene (POM-C)

POM-C otherwise known as Acetal Copolymer is an engineered plastic. The highly crystalline resins are strong, rigid and have a low coefficient of friction in comparison to metals and other plastics. It is also creep resistant and is recommend for applications where dimensional stability is important.

Polytetrafluoroethylene (PTFE)

Polytetrafluoroethylene (PTFE) is a synthetic fluoropolymer of tetrafluoroethylene and is a PFAS that has numerous applications. PTFE is widely used in semiconductor manufacturing – typically for process vessels, fittings, connectors, transport containers and in fluid handling.

Polyimide (PI) Polyimide is a non melting high temperature polymer. Strength, dimensional stability, and creep resistance remain high even at temperatures above 260°C. Low wear rates combined with the ability to work under unlubricated conditions and high pV-rates makes it the ideal material for challenging friction and wear applications, extending lifetime and reducing maintenance costs.

Polyetherimide (PEI)

Polyetherimide or PEI material is an amorphous thermoplastic with high mechanical strength and rigidity. Semiconductor components: Circuit breaker housings, probes, wafers

High-Density Polyethylene (HDPE)

High-density polyethylene sheet is often used as a semiconductor plastic for its strength and resistance to acids and contaminants like mold and mildew. It's versatile and malleable, so it can be used to create plastic parts and accessories to meet the industry's rigid demands for quality and purity. HDPE also tends to cost less than traditional materials like ceramics or quartz, so along with easier machinability, it's also a more economical solution.

Polypropylene (PP)

The creation of semiconductors involves harsh chemicals and even acids in some cases. Polypropylene has excellent chemical and acid resistance, along with many other properties similar to HDPE, but is also a more economical option that greatly benefits the industry. Along with wet benches and work stations, polypropylene can be used to create plastic semiconductors and parts like electrical insulators and integrated circuit chip parts.

Silicone

Silicone is a polymer composite material composed of silicon-oxygen chains. It has a variety of excellent properties, such as high temperature tolerance, electrical insulation and chemical stability. Silica gel can be used in the manufacturing process of microelectronics, wafers, and semiconductor chips. For example, Silicone can be used as packaging and protective materials for semiconductor microelectronic equipment to protect chip components from moisture, pollution, and mechanical damage. In addition, silicone can be used as a material for sealing installations, baffles, gaskets and circuit isolation.

Application Overview:

The market's largest segment by application is the segment Carrier Tapes, with a market share of 21.00% in 2023.

Front Opening Unified Pod

Front-opening unified pods (FOUP) are load-bearing boxs used in semiconductor manufacturing process lines.

Front Opening Shipping Box

Front-opening shipping boxes (FOSB) are wafer shipping boxes used when moving from a wafer manufacturer to a semiconductor manufacturer.

Carrier Tapes

Carrier tape is a supplementary product in the electronic packaging industry and is mainly used for protective packaging of electronic components, integrated circuits and other devices.

Filter Housings

The filter housing is usually made of polymer or stainless steel and provides protection, corrosion resistance and other functions for the filter.

Valves

Valves in the semiconductor industry include butterfly valves, ball valves, three-way connectors, union connectors, etc. Semiconductor valves can maintain the integrity and cleanliness of related liquids, prevent substances from contaminating the fluid, and accurately control flow.

Key Companies in the global Semiconductor Plastics market covered in Chapter 3:

Victrex
Mitsui Chemicals
Evonik
Boedeker Plastics, Inc.
JUSEP
Veejay Plastic
Solvay
Saint-Gobain Performa, Ltd.
Vycom Plastics
Ensinger Inc.
Craftech Ind
KT Plastics
MITSUBISHI

In Chapter 4 and Chapter 14.2, on the basis of types, the Semiconductor Plastics market from 2019 to 2030 is primarily split into:

Polyetheretherketone (PEEK)
Polyphenylene Sulfide (PPS)
Polyethylene Terephthalate (PET)
Polycarbonate (PC)
Polyoxymethylene (POM-C)
Polytetrafluoroethylene (PTFE)
Polyimide (PI)
Polyetherimide (PEI)
High-Density Polyethylene (HDPE)
Polypropylene (PP)
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Semiconductor Plastics market from 2019 to 2030 covers:

Chemical Mechanical Polishing (CMP)
Further Semiconductor Processes
Back-end Packaging

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) 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)