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Recently, IHS Markit said that despite the severe damage to the global economy caused by the spread of the new crown pneumonia epidemic, global semiconductor sales will continue to increase, especially in industries such as medical and telecommunications, semiconductor demand will remain very strong
A range of specialty chemicals are used in many processing steps in the electronics industry to make electronic components and products, including packaging and printed circuits, according to the recent Electronic Chemicals Report from IHS Markit's Specialty Chemicals Update Program (SCUP).
In May 2021, Nissan Chemical announced that it will build a semiconductor material factory in an industrial park in Dangjin, South Korea
IHS Markit estimates that photoresist consumption for semiconductors in South Korea will be US$411 million in 2020 and is expected to grow at an annual rate of 3.
Total photoresist consumption is expected to grow at an annual rate of 3.
According to IHS Markit data, the semiconductor output value of Taiwan in 2019 was US$52 billion, and it is expected to grow at an annual rate of 4% to 5% by 2025
Earlier, Mitsui Chemicals announced that it will double its production capacity of protective tapes for semiconductor production in Taiwan to meet expected demand growth
Mitsubishi Gas Chemical Corporation (MGC) formed an electronic materials joint venture with Taiwan Lien Mao Electronics Corporation (ITEQ) in October 2021
In Taiwan, the IC chemicals industry uses a wide range of products, ranging from bulk chemicals such as gases to solvents, to highly specialized custom chemicals
In 2019, silicon wafers accounted for approximately 42% of the specialty electronic chemicals market in Taiwan, followed by specialty gases at 19%; chemical mechanical polishing slurries and pads at 10%; wet processing chemicals at 9%; photoresist assist Chemicals 7%; Photoresist 7%
In addition, Shin-Etsu has also announced an investment of 30 billion yen ($261 million) in 2020 to expand its photoresist production base in Taiwan and Japan, including Douliu, Taiwan and Shangetsu, Japan