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TAP TIMES          -20-                                    APRIL 2022


           Semi global materials market                         growth in the wafer fabrication materials
              topped $64 billion in 2021                        market, while packaging materials market
                                                                growth was largely driven by the organic

        MILPITAS, Calif. — The global semi-                     substrates, leadframes, and bonding wire
        conductor materials market grew                         segments.
        15.9% to $64.3 billion in revenue in
        2021, surpassing the previous market                    For the 12th consecutive year, Taiwan, at
        high of $55.5 billion set in 2020, ac-                  $14.7 billion, was the world’s largest con-
        cording to SEMI, in its Materials Mar-                  sumer of semiconductor materials on the
        ket Data Subscription (MMDS).                           strength of its foundry capacity and ad-
                                                                vanced packaging base. semi.org
                                                                vanced packaging base. semi.org
                                                                China registered the strongest absolute
                                                                China registered the strongest absolute
        Y/Y increases
                                                                year-over-year growth in 2021 to rank sec-
        Wafer fabrication materials and packaging               year-over-year growth in 2021 to rank sec-
                                                                ond, while Korea remained the third largest consumer
                                                                ond, while Korea remained the third largest consumer
        materials revenues in 2021 totaled $40.4                of semiconductor materials.
                                                                of semiconductor materials.
        billion and $23.9 billion, respectively, for
        year-over-year increases of 15.5% and
        16.5%.
        The silicon, wet chemicals, chemical-me-
        chanical planarization (CMP), and photo-
        mask segments showed the strongest
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