Thursday, August 31, 2023

Metal Plating Chemicals Revenues to Boost into 2024

Growth driven by developments in leading-edge logic and memory

San Diego, CA, August 31, 2023: TECHCET—the electronic materials advisory firm providing business and technology information— reports that revenues for the Semiconductor Metal Plating Chemicals market will rise to USD $1,047M in 2024, a 5.6% increase from the forecasted USD $992M for 2023. The largest revenues for 2024 are forecasted for copper plating chemicals used for device-level interconnect and advanced packaging wiring, as explained in TECHCET’s newly released Metal Chemicals Critical Materials Report. The 5-year CAGR’s for 2022-2027 are expected to remain on an upward track, with 3.5% growth for advanced packaging and 3% for copper device interconnects.
“Increased usage of advanced packaging, redistribution layers, and copper pillar structures are all factors contributing to the growth of the metal chemicals market segment,” states Dr. Karey Holland, Chief Strategist at TECHCET.


A potential risk factor for the metal chemicals market is increased lead times and price increases for electronic chemicals. Fabs and plating chemical suppliers are not reporting any difficulty obtaining metals for semiconductor plating in 2023, however, shortages may occur in the future. Geopolitical tensions with China, for instance, may hinder the availability of tin that is mined there. Similarly, nickel imported from Russia and Ukraine may face supply constraints.

To read the full article, go to: https://lnkd.in/gqdUHRuM

For more details on the Semiconductor Metal Plating Chemicals market & supply chains, go to: https://lnkd.in/gFQNSEpa

To discuss more on the supply-chains for metal chemicals and other semiconductor materials, come talk to TECHCET at the CMC Seminar in Taichung, Taiwan on October 25th. For more information and to register, go to: https://lnkd.in/gZN2gjWT.


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