The India semiconductor materials market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled " India Semiconductor
Materials Market: Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028," the India semiconductor materials market size reached
US$ 4.5 Billion in 2022.
Semiconductor materials refer to crystalline solids that demonstrate neither the
properties of a conductor nor an insulator. However, they can conduct
electricity when exposed to heat, light, or voltage during the doping process.
They are usually divided into two categories, namely, N-type and P-type
materials. W hile the N-type semiconductors have excess electrons, the P-type
materials have a higher positive charge.
They show variable resistance, pass current easily in one direction, and exhibit
distinct properties such as wide temperature limits, high electron mobility, and
low energy consumption. As a result, semiconductor materials are widely used
across the country to manufacture various electronic components, including
integrated circuits, transistors, microprocessors, and diodes.
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4. Report Description
India Semiconductor Materials Market Trends:
In India, the increasing applications of semiconductor materials across the electronics industry represent the primary
factor driving the market growth. For instance, there has been a growing usage of semiconductor materials in appliances,
including air conditioners, televisions, rice cookers, washing machines, refrigerators, and intelligent lighting.
Additionally, semiconductor materials have gained traction in manufacturing processors and sensors due to their cost-
effectiveness, power efficiency, and compact size. Furthermore, the escalating demand for car-mounted sensor systems,
such as the Advanced Driver Assistance Systems (ADAS), to enhance the driving experience has accelerated the product
adoption rate across the country. Besides this, the rising penetration of the internet of things (IoT)-enabled smart devices
and the surging popularity of compact consumer electronics, such as smartphones, laptops, and smartwatches, have
catalyzed the market growth.
Moreover, several leading manufacturers are using materials, such as silicon (Si), germanium (Ge), and gallium arsenide
(GaAs), to replace traditional thermionic devices that make electronic items heavy and non-portable. This has further
facilitated the miniaturization of devices, which is another major growth-inducing factor. Other factors, including the
increasing penetration of automation and wireless technologies, rising adoption of semiconductor packaging, favorable
government initiatives, rapid digitization, product innovations, and technological advancements, are also providing a
positive thrust to the market growth.
Looking forward, IMARC Group expects the market value to reach US$ 6.5 Billion by 2028, expanding at a
CAGR of 6.3% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/india-semiconductor-materials-market
5. Report
Segmentation
Breakup by Material:
• Silicon Carbide
• Gallium Manganese Arsenide
• Copper Indium Gallium Selenide
• Molybdenum Disulfide
• Bismuth Telluride
Breakup by Application:
• Fabrication
o Silicon Wafers
o Electronic gases
o Photomasks
o Photoresist ancillaries
o CMP Materials
o Photoresists
o Wet chemicals
o Others
6. Report
Segmentation
• Packaging
o Leadframes
o Organic Substrates
o Ceramic Packages
o Encapsulation Resins
o Bonding Wires
o Die-Attach Materials
o Others
Breakup by End Use Industry
• Consumer Electronics
• Manufacturing
• Automotive
• Energy and Utility
• Others
8. Key Questions
Answered in
the Report
How has the India semiconductor materials market performed so
far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India semiconductor
materials market?
What are the key regional markets?
What is the breakup of the market based on the material?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
9. Key Questions
Answered in
the Report
What are the key driving factors and challenges in the industry?
What is the structure of the India semiconductor materials market
and who are the key players?
What is the degree of competition in the industry?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Semiconductor Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
6.1 Silicon Carbide
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Gallium Manganese Arsenide
6.2.1 Market T rends
6.2.2 Market Forecast
6.3 Copper Indium Gallium Selenide
6.3.1 Mark et T rends
6.3.2 Mark et Forecast
11. Table of
Contents
6.4 Molybdenum Disulf ide
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 Bismuth T elluride
6.5.1 Mark et Trends
6.5.2 Mark et Forecast
7 Market Breakup by Application
7.1 Fabrication
7.1.1 Mark et Trends
7.1.2 Mark et Breakup by Type
7.1.2.1 Silicon W afers
7.1.2.2 Electronic Gases
7.1.2.3 Photomasks
7.1.2.4 Photoresist Ancillaries
7.1.2.5 CMP Materials
7.1.2.6 Photoresists
7.1.2.7 W et Chemicals
7.1.2.8 Others
7.1.3 Mark et Forecast
7.2 Pack aging
7.2.1 Mark et Trends
7.2.2 Mark et Breakup by Type
7.2.2.1 Leadframes
7.2.2.2 Organic Substrates
7.2.2.3 Ceramic Pack ages
7.2.2.4 Encapsulation Resins
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