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Business Upturn
2 days ago
- Business
- Business Upturn
Semiconductor Dielectric Etching Equipment Market Size to Reach 1.70 Billion by 2032
Austin, June 06, 2025 (GLOBE NEWSWIRE) — Semiconductor Dielectric Etching Equipment Market Size & Growth Insights: According to the SNS Insider,'The Semiconductor Dielectric Etching Equipment Market Size was valued at USD 1.30 billion in 2024 and is expected to reach USD 1.70 billion by 2032 and grow at a CAGR of 3.42% over the forecast period 2025-2032.' Precision Etching Driving the Future of Advanced Semiconductor Manufacturing The Semiconductor Dielectric Etching Equipment market is set for steady growth, driven by rising demand for smaller, more powerful chips in AI, 5G, and high-performance computing. With the chip industry moving to sub-7nm and 3nm nodes, high precision etching is a requirement to construct complex structures without causing damage. The U.S. market is estimated at USD 0.18 billion in 2024 and is projected to be valued at USD 0.25 billion in 2032. Breakthroughs, such as Samsung's 3nm Gate-All-Around architecture emphasize the importance of dielectric etching in improving power efficiency and performance. Continued investments and increasing chip complexity are driving market expansion, and dielectric-etching equipment is crucial for high-density, energy-efficient semiconductor designs. Get a Sample Report of Semiconductor Dielectric Etching Equipment Market Forecast @ Regional Insights on the Semiconductor Dielectric Etching Equipment Market: Asia Pacific, North America, Europe, Middle East, and Latin America In 2024, Asia Pacific led the semiconductor dielectric etching equipment market with a 43.79% share, and was the largest consumer of the product as the semiconductor manufacturing hubs are located in Taiwan, South Korea, and China. Due to the high regional demand, the expansion stemming from fab expansions by Samsung and TSMC, and the major market leaders, such as Tokyo Electron and Hitachi High-Tech support advanced sub-5nm manufacturing. China's soaring semiconductor industry and government policies also contribute to the market. North America, led by the U.S., is expected to grow at the fastest CAGR of 4.82% driven by strong local investments, R&D, and the CHIPS Act. Europe's growth is propelled by automotive and industrial chip demand, with Germany as a key market. The Middle East and Latin America are emerging markets, due to infrastructure investments and increasing deployment of semiconductors in the industrial sectors. Semiconductor Dielectric Etching Equipment Market Report Scope: Report Attributes Details Market Size in 2023 USD 1.30 Billion Market Size by 2032 USD 1.70 Billion CAGR CAGR of 3.42% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segmentation •By Type (Wet Etching Equipment, Dry Etching Equipment) •By Application (Foundries, Integrated Device Manufacturers (IDMs)) Purchase Single User PDF of Semiconductor Dielectric Etching Equipment Market Report (20% Discount) @ Semiconductor Dielectric Etching Equipment Market Insights by Type and Application By Type The dry etching equipment segment led the semiconductor dielectric etching market in 2024 with a 58.39% revenue share, on account of its ability to etch with high precision, scalability, and compatibility with advanced sub-7nm nodes. Innovations including those of Lam Research's Versys Metal Etch and Tokyo Electron's plasma etchers are enabling 3D NAND and FinFET designs. Wet etching equipment is expected to grow fastest at a 4.40% CAGR through 2032, based on equipment, owing to its cost-effectiveness, isotropic etching, and application in legacy, compound semiconductor, and MEMS production. By Application Foundries led the semiconductor dielectric etching equipment market in 2024 with a 54.09% share, on the back of robust requirement coming from the fabless players and the hyperscale customers. TSMC, GlobalFoundries, and other leading players are investing heavily in sub-5nm nodes, featuring next-generation etching technologies for advanced multi-patterning and 3D designs. The Integrated Device Manufacturers (IDMs) segment is expected to grow fastest at a 4.51% CAGR through 2032, as vertical integration, growing domestic investment and demand for precision etching in advanced chip is on the rise. Leading Market Players with their Product Listed in this Report are: Panasonic Holdings Corp. Plasma Etch Inc PLASMA THERM Samco Inc Shibaura Mechatronics Corp SHINKO SEIKI CO LTD. Suzhou Delphi Laser Co. Ltd. Tokyo Electron Ltd. Trion Technology Inc. ULVAC Inc Do you have any specific queries or need any customized research on Semiconductor Dielectric Etching Equipment Market? Submit your inquiry here @ Recent News: In Aug 2024, Lam Research has announced that it has introduced Cryo 3.0, the third-generation cryogenic dielectric etch technology that will support the creation of the next generation of 3D NAND flash and beyond with ultra-precise, high-speed etching, while reducing energy usage by up to 40 percent and chemical emissions by 90 percent, which will improve the productivity of fab resources. This may serve to advance memory manufacturing with higher etch rates and better process control for AI-driven semiconductor needs. Table of Contents – Major Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Semiconductor Dielectric Etching Equipment Market Segmentation, by Type 8. Semiconductor Dielectric Etching Equipment Market Segmentation, by End-User 9. Regional Analysis 10. Company Profiles 11. Use Cases and Best Practices 12. Conclusion Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
27-05-2025
- Business
- Yahoo
Monoethylene Glycol Market to Reach USD 36.87 Billion by 2032
Rising demand for polyester-based apparel and eco-friendly coolants, coupled with advancements in MEG production technologies, is fueling robust monoethylene glycol market growth. Austin, May 27, 2025 (GLOBE NEWSWIRE) -- The Monoethylene Glycol Market Size was valued at USD 26.78 billion in 2024 and is expected to reach USD 36.87 billion by 2032, growing at a CAGR of 5.96% over the forecast period of 2025-2032. Download PDF Sample of Monoethylene Glycol Market @ Expanding Applications and Sustainable Innovations Propel Growth in Key Industrial Glycol Market The monoethylene glycol (MEG) market is expanding fast with its use in the production of PET for packaging and fibres. Increasing customer preference for environmentally-friendly packaging and lightweight textile fibers from around the world over, has boosted its demand. EIA data indicates that ethylene production will grow by 4.5% over the period 2022-2023, underpinning more production capacity for MEG. Industry heavyweights Dow Inc. and LyondellBasell are among those who say they are ramping up production to support this growth in demand. Besides industrial applications, MEG derivatives are increasingly used in personal care and cosmetics, indicating increased public awareness. Additionally, government backing in Europe and North America, describing recycling and bio-based raw materials, should further propel growth through 2032. The US Monoethylene Glycol Market Size was valued at USD 1.04 billion in 2023, projected to reach USD 1.44 billion by 2032, growing at a CAGR of 4.19% over the forecast period of 2024-2032. The U.S. monoethylene glycol market is witnessing a gradual growth with the increasing packaging and automobile sectors. The US Environmental Protection Agency (EPA) has promoted the use of MEG in greener packaging, and this is stimulating demand. Companies such as Shell Chemical have stepped up production in order to meet demand at home, a sign of the market's strength despite shifts in the supply chain. Key Players: SABIC Dow Inc. LyondellBasell Industries India Glycols Limited Reliance Industries Limited Shell Chemicals MEGlobal BASF SE Huntsman Corporation ExxonMobil Chemical Monoethylene Glycol Market Report Scope: Report Attributes Details Market Size in 2024 USD 26.78 Billion Market Size by 2032 USD 36.87 Billion CAGR CAGR of 5.96% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Grade (Parts per trillion (ppt), Parts per billion (ppb))• By Application (Semiconductors, PCB Panels, Pharmaceuticals) Key Drivers • Growth of PET packaging for food and beverages drives the market growth. If You Need Any Customization on Monoethylene Glycol Market Report, Inquire Now @ Evolving Supply Chain Dynamics and Raw Material Cost Trends Shaping the Monoethylene Glycol Market Fluctuations in crude oil and natural gas prices directly impact the cost of ethylene, a primary raw material for Monoethylene Glycol production. Disruptions in global logistics and shipping, including container shortages and port delays, have caused intermittent supply chain bottlenecks affecting MEG availability. Increased investments in shale gas extraction, particularly in North America, have lowered ethylene feedstock costs, improving MEG production margins. Growing emphasis on sourcing bio-based ethylene as a sustainable alternative is influencing raw material pricing and supply chain diversification strategies. Trade policies and tariffs between major producing and consuming countries, such as the US, China, and Europe, continue to affect import-export costs and MEG market pricing dynamics. By Application, the PET Segment Dominated the Monoethylene Glycol Market in 2023 with a 68% Market Share This growth is led by the increasing use of PET bottles and packaging materials in the food and beverage industry and the growing tendency of consumers towards lightweight, recyclable packaging materials. Powerful packaging groups Amcor and Ball Corporation have ramped up their use of PET, fueling demand for MEG. Moreover, the use of PET fibers for durable, versatile fabrics by the textile industry also contributes to the continued strength in the PET resin market. Demand for PET recycling Despite the continuous sustainability campaigns on recycling PET products, it is anticipated that growth in this segment market will continue throughout the entire 2022. By End-use Industry, Textile Dominated the Monoethylene Glycol Market in 2023 with a 42% Market Share MEG is a key raw material for polyester fibers, which are in turn used in making textiles around the world. The growing demand for polyester apparel and home textiles, with technological advancements in moisture-wicking and durable fabrics, has contributed to the growth of this segment. Companies such as Invista and Toray have indicated increased polyester fiber production in North America and Asia, highlighting the integral part MEG plays in the value chain. The wear is also supported by growing clothing consumption in developing countries and growing investment in technical textiles. Asia Pacific dominated the Monoethylene Glycol Market in 2023, Holding a 42% Market Share The region's leadership is a result of fast-paced industrialization, increasing textile manufacturing hubs in China and India, and surging packaging demand. The growing downstream sector, along with chemicals capacity expansion, backed by favorable government schemes, makes Asia Pacific the leading MEG consumer. For instance, Reliance Industries' large-scale MEG increases in capacity in India, as well as the further increase in polyester fiber output in China, emphasize the market domination in this part of the world. Other than this, increased bio-based MEG project investments are scaling up the sustainable growth in the region. North America Emerged as the Fastest Growing Region in the Monoethylene Glycol Market with A Significant Growth Rate in The Forecast Period This increase is influenced by growing demand from the packaging and automotive industries for eco-friendly and light weight materials. US government support for bio-based chemical production and the increasing importance of shale gas ethylene feedstock will give cost benefit. Companies including Dow and LyondellBasell are committed to making capacity expansions and technology upgrades to serve to growing demand. Additionally, increasing eco-friendly antifreeze formulations and burgeoning polyester textile output in the region are boosting the market growth. Recent Developments October 2024: Sustainea and Primient planned a $400M Bio-MEG plant in Indiana, boosting sustainable MEG production and local employment by 2028. June 2024: Technip Energies acquired Shell's glycol purification tech to advance bio-based MEG production, aiming for commercial launch by Full Research Report on Monoethylene Glycol Market 2025-2032 @ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Monoethylene Glycol Market Segmentation, By Application 8. Monoethylene Glycol Market Segmentation, By End User Industry 9. Regional Analysis 10. Company Profiles 11. Use Cases and Best Practice 12. Conclusion Read Our Trending Reports: Europe Propylene Glycol Market Size and Emerging Trends (2024-2032) North America Holds 35% Share in Polyethylene Glycol Market with Expected CAGR of 6.3% Driven by Cosmetics and Pharmaceutical Growth North America Leads Bio-Based Propylene Glycol Market with 34.1% Share Driven by Sustainable Product Demand and Automotive Industry Growth About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
