Silicon Wafers Market: Key Role in Semiconductor Fabrication
The global market for semiconductor fabrication materials is on the cusp of unprecedented expansion, projected to surge from an estimated USD 53.2 billion in 2025 to a staggering USD 99.0 billion by 2035 , exhibiting a robust Compound Annual Growth Rate (CAGR) of 6.4% . This remarkable growth is fueled by a confluence of factors, including escalating investments in fabrication plants, a strategic geopolitical realignment of semiconductor production, and relentless technological innovation. The period spanning 2020-2024 saw the industry navigate supply chain disruptions and trade tensions, yet it emerged stronger, propelled by the insatiable demand from 5G, AI, cloud computing, and automotive electronics. A recent FMI industry survey underscores this optimism, with 83% of experts anticipating increased demand for next-generation semiconductor materials , primarily driven by AI, quantum computing, and advanced automotive applications. Material innovation is unanimously seen as a ...