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The North America semiconductor materials market is currently witnessing steady growth. Semiconductor materials are crystalline solids with an electrical conductivity range between a metal and an insulator. These materials neither demonstrate the properties of a conductor nor an insulator. As they are reliable, cost-efficient, sensitive to heat or light, they are gaining immense preference in the North American region.
The increasing technological advancements in semiconductor materials, such as reduced system size and enhanced system density, represent one of the key factors driving the growth of the market. Apart from this, the key market players like Mitsubishi Gas and Chemical introduced bismaleimide-triazine resin laminates, comprising standard material for BGA packages. This has propelled the market growth of semiconductor materials in the North American region. However, with the onset of the coronavirus disease (COVID-19), governing agencies have implemented complete lockdowns to prevent the spread of the pandemic. This has resulted in the temporary closures of several manufacturing units, thereby negatively affecting the growth of the market. The market is anticipated to experience growth once relaxations in the lockdown are introduced. Looking forward, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the North America semiconductor materials market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, material, application and end use industry.
Breakup by Material:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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