Sellbyville, DE -- (SBWire) -- 01/23/2019 --Global high-k and ALD/CVD metal precursor market is characterized by notable number of players offering diverse and cost-effective solutions. Ongoing need to develop processes to form thin film with desired properties for various applications will drive demand over the forecast timeline.
Regulatory policies and initiatives undertaken by the government for the manufacturing of semiconductor devices will give impetus to high-k and ALD/CVD metal precursor market share. The industry participants are focused on optical, dielectric and chemical properties of the hybrid organic-inorganic films to reduce manufacturing costs. Furthermore, increasing IPR protection measures will have an emphasizing role in chemical designs with rising IPR filings on precursor material compositions.
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Increasing demand for intensive R&D has led to the development of high-purity sophisticated precursors delivered in cylinders to meet process requirements. This has widened the scope for excellent step coverage and high growth rates. The ability to fabricate semiconductor rapidly, seamlessly and cost-effectively requires for a more complex 3D structure which in turn drives high-k layer/vapor deposition process demand.
The optical, mechanical, dielectric, chemical and conductive properties of the hybrid organic-inorganic films are projected to boost the high k metal precursors market share over the forecast timeframe. Escalating demand for various thin film materials in new industrial applications will lead towards technological advancement and innovation. High risk of impurity levels may challenge high-k and ALD/CVD metal precursor market size from 2016 to 2024.
High-k gates technology was valued at over USD 33 million in 2015 and will grow at over 23% from 2016 to 2024. The need for accurate and timely translation of large amount of content will drive demand in various industries.
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U.S. high-k and ALD/CVD metal precursor market size exceeded USD 30 million in 2015. Complexity of semiconductor manufacturing coupled with transition and scaling to 450 mm wafers processing will favor U.S. microelectronics and nanotechnology.
China high-k and ALD/CVD metal precursor market share accounted for more than 35% of the overall Asia Pacific industry 2015. Growth across the region can be credited to increasing end-use electronic product demand. Taiwan is projected to have the largest consumer base of semiconductor materials due to large foundry of chip makers and advanced packaging.
Major industry players are Air Liquide, Adeka, Dow Chemical, and UP Chemical. High R&D investment and vertical integration are key growth strategies adopted. Competitive pricing and maintaining profit margins remains the key concern for the industry participants.
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High-K and ALD/CVD Metal Precursor Market Revenue, Opportunity, Segment and Key Trends: Top Companies – Air Liquide, Air Products, Praxair, the Dow Chemical Company
Significant process development initiatives and high demand for improved semiconductor devices will drive high-k and ALD/CVD metal precursor market size in the coming years.