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TAP TIMES -20- JUNE 2025

Semiconductor materials market posts 2024 revenue of $67.5B

MILPITAS, Calif. — Global
semiconductor materials market
revenue increased 3.8% to $67.5
billion in 2024, trade association
SEMI reported recently in its
Materials Market Data Subscription
service.

The recovery of the overall semiconductor
market, as well as the increasing
demand for advanced materials for high-
performance compute and high-bandwidth
memory manufacturing, supported 2024
materials revenue growth. photoresist, and photoresist ancillaries
segments experienced strong double-digit
Wafer fabrication materials revenue growth driven by increased complexity
increased 3.3% to $42.9 billion in 2024, and number of processing steps required
while packaging materials revenue grew for advanced DRAM, 3D NAND fl ash and
4.7% to $24.6 billion last year. The leading-edge logic integrated circuits.
chemical mechanical planarization (CMP), next page