Semiconductor Fluid Conveyance Market is Forecasted to Reach US$ 2.9 Billion in 2030, Says Stratview Research

The global semiconductor fluid conveyance market is projected to witness a growth rate of 7.3% annually from 2024 to 2030, with an anticipated size of US$ 2.9 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global semiconductor fluid conveyance market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights

Segment Insights on the Semiconductor Fluid Conveyance Market:

The report dives deep into the segmentation of the semiconductor fluid conveyance market based on critical parameters:

Based on Type - The market is segmented into Hoses & Tubes and Pipes. Hoses & Tubes are the dominant fluid conveyance and are expected to maintain its lead during the forecast period. Hoses & Tubes are flexible compared to pipes and can easily fit into cramped areas and complicated pathways in equipment, making them ideal for dynamic and compact environments. Hoses & Tubes are designed to handle the transport of fluids at high pressures and elevated temperatures without degradation, providing reliable performance in critical applications such as etching, cleaning, and wafer production. Pipes are majorly used for transferring ultrapure water in semiconductor manufacturing. Ultrapure water is used for cleaning and rinsing silicon wafers and equipment used in semiconductor fabrication.

Based on the Core Material Type - The market is segmented into PTFE, Stainless Steel, PFA, PVDF, and Others. PTFE is projected to hold the dominant position of the market during the forecast period. PTFE has excellent resistance to the chemicals utilized in the semiconductor manufacturing process, such as strong acids, bases, solvents, and gases. Ultra-high purity, thermal stability, low dielectric constant, flexibility, durability and longevity, and resistance to UV and radiation are some other properties of PTFE that make it a preferred material for fluid conveyance in semiconductor manufacturing. Stainless steel is likely to remain the second dominant material type during the forecast period owing to its high mechanical strength, thermal stability, corrosion resistance, pressure resistance, durability, and compatibility with harsh environmental conditions.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

In terms of region, the semiconductor fluid conveyance market is segmented into North America, Europe, Asia-Pacific, and RoW.  Asia-Pacific has the presence of leading semiconductor manufacturers, such as Samsung Electronics, Taiwan Semiconductor Manufacturing Company (TSMC), SK Hynix, and Semiconductor Manufacturing International Corporation (SMIC). These players drive the demand for fluid conveyance products for chip production in the region. Increase in investment in semiconductor manufacturing in China, Taiwan, South Korea, and Japan; an increase in government support and investments; growing technological advancements; and an efficient supply chain are other key factors driving the region’s market. North America (the second largest region) also experiences significant demand due to the presence of major semiconductor fabricators, including Intel Corporation, GlobalFoundries, and Texas Instruments Incorporated.

Semiconductor Fluid Conveyance Market Drivers:

Some of the key drivers listed in the report are given below.

• Increasing semiconductor equipment demand, rising demand for high-yield semiconductor chips across industries, growing investment in semiconductor infrastructure.
• The requirement to comply with ISO and IEST regulations, the requirement of ultra-cleanroom environments that require high-performance material, and an increase in demand for ultrapure water.

Top Companies in the Semiconductor Fluid Conveyance Market:

The global market for Semiconductor Fluid Conveyance is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-          Parker Hannifin Corporation

-          Georg Fischer Piping System

-          Swagelok

-          Dockweiler AG

-          AGRU Kunststofftechnik GmbH

-          Titeflex US Hose

Note: The above list does not necessarily include all the top players in the market.

What Deliverables Will You Get in this Report?

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About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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