New Tripoli, PA -- Strong demand for semiconductors is keeping the chemical and material market in high gear, according to a recent report published by The Information Network.
 
The worldwide market for chemicals and materials for semiconductor manufacturing grew 6.1% in 2005 and is projected to grow another 20% in 2006. 
 
“We continue to see strong demand across all businesses, especially in North America and Asia-Pacific,” said Dr. Robert N. Castellano, president of the market research company. “The market is being driven by strength in demand for CMP pads and slurries, along with increased sales of deep ultraviolet photoresists and related products in all regions.”
 
According to TIN, the clear winner in the market is the silicon wafer sector, growing 21.9% in revenues in 2006. Higher pricing, increased volume demand across all diameters and 300 mm capacity ramp-up helped promote growth. For 2006, SEH will lead the wafer market with a 33% share.