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The semiconductor materials market grew 9.6% in 2017, while worldwide semiconductor revenues increased 21.6% last year, reports SEMI.
In 2016, the wafer fabrication materials and packaging materials markets logged revenues of $24.7 billion and $18.2 billion, respectively, for 12.7% and 5.4% year-over-year increases.
For the eighth consecutive year, Taiwan, at $10.3 billion, was the largest consumer of semiconductor materials due to its large foundry and advanced packaging base.
China solidified its hold on the second spot, followed by South Korea and Japan. The Taiwan, China, Europe and South Korea markets saw the strongest revenue growth, while the North America, Rest of World (ROW) and Japan materials markets experienced moderate single-digit growth.
(The ROW region is defined as Singapore, Malaysia, Philippines, other areas of Southeast Asia and smaller global markets.)
2016 and 2017 Regional Semiconductor Materials Markets (US$ Billions)
Region 2016** 2017 % Change
Taiwan 9.20 10.29 12%
China 6.80 7.62 12%
South Korea 6.77 7.51 11%
Japan 6.76 7.05 4%
Rest of World 5.39 5.81 8%
North America 4.87 5.29 9%
Europe 3.03 3.36 11%
Total 42.82 46.93 10%
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