Market Insights
“The semiconductor seals market value was US$ 904 Million in 2023 and is likely to grow at an impressive CAGR of 8.1% in the long run to reach US$ 1.5 billion in 2030.”
Introduction
Stratview Research's Semiconductor Seals market report offers a roadmap for industry stakeholders to navigate a dynamic landscape. This detailed analysis identifies and profiles key players, alongside detailing FFKM production capacity. Proactive in its approach, the report delves into the potential future ban of PFAS in Europe and its impact on the market. Startview has done in-depth interviews with leading semiconductor seal manufacturers and PFAS producers, including insights on 3M's exit from PFAS manufacturing. We also took the industry opinion regarding the ban on PFAs and its impact.
The semiconductor seals market is well-positioned for continued growth in the coming years, driven by the expanding semiconductor industry, increasing demand for performance-driven solutions, and technological advancements in seal materials and designs. Major countries catering to the demand of the semiconductor market are China, Japan, South Korea, Taiwan, and the USA. To meet the rising demand, major players, such as DuPont, Solvay, and Gujrat Fluorochemicals, are continuously increasing their production.
The US-China chip war is changing the regional dynamics with major economies starting to secure big funds as incentives/subsidies for semiconductor manufacturers with the sole aim of attracting them to install plants in their respective countries. About US$ 800 billion in investment in semiconductor manufacturing was lined up during 2021-2023 in a handful of countries.
Market Dynamics
The expanding semiconductor industry and shifting to advanced chip fabrication will influence the semiconductor seals market. Due to the diverse needs of different chip fabrication processes, semiconductor seal manufacturers need to offer a variety of materials, designs, and sizes to cater to specific customer requirements.
Recent Market JVs and Acquisitions:
A significant number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In 2023, Trelleborg Sealing Solutions acquired MNE Group for US$ 61.3 Million, including Materials Nano Engineering and Materials Nano Solution. MNE Group is the leading South Korean manufacturer of precision semiconductor seals. The acquisition enhances Trelleborg’s capabilities and will increase its presence in the Asia-Pacific region.
- In 2019, CARCO – PRECISION RUBBER PRODUCTS S.p.A. acquired Microflex Technologies, LLC. Through the acquisition, CARCO will strengthen its position in the USA market and extend its solutions into critical applications for the semiconductor industry.
Recent Product Development:
- Greene Tweed & Co. Inc.’s CHEMRAZ XPE provides excellent compression set performance. This product is highly resistant to O2 plasma and can be used in a wide range of applications, such as slit valve doors, reaction chamber lid seals, and gate valve seals.
- Trelleborg AB’s lsolast PureFab JPF20 offers excellent high-temperature stability up to +320 °C. Suitable for use in all etch processes and critical tool locations where there is a requirement for extreme plasma resistance.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Application-Type Analysis
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Lithography, Etching/Cleaning, Deposition, Process Diagnostics, and Other Processes.
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Etching/Cleaning is expected to be the largest as well as the fastest-growing application in the semiconductor seals market in the coming years.
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Product-Type Analysis
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O-rings, Bonded Door Seals, Energized Seals, and Others.
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O-rings are expected to remain the dominant product type, whereas bonded door seals are likely to grow at the fastest rate during the study period.
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Material-Type Analysis
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FKM, FFKM, Fluorosilicone, and Others.
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FFKM is the most preferred sealing material. It is also likely to grow at the fastest pace during 2024-2030.
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Motion-Type Analysis
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Static Seals and Dynamic Seals.
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Static seals are likely to maintain their market dominance during the study period. Dynamic seals are likely to witness faster growth.
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End-User-Type Analysis
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OE and Aftermarket.
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Aftermarket is anticipated to contribute a larger share of the global semiconductor seals market.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World.
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Asia-Pacific is expected to remain dominant as well as the fastest-growing market during the forecast period.
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By Application Type
“Etching/Cleaning is expected to remain the biggest demand generator for sealing solutions. The category is also anticipated to be the fastest-growing application in the market during the forecast period”.
- The semiconductor seals market is segmented into lithography, etching/cleaning, deposition, process diagnostics, and other processes.
- For etching/cleaning processes preferred materials are FFKM, FKM, and PTFE as this process possesses corrosive liquids, and the material must possess chemical resistance, plasma resistance, and thermal stability.
- Increasing demand for cleaning/etching equipment in the wake of growing demand for small devices such as smartphones, laptops, and other consumer goods.
- High vacuum performance, chemical resistance, thermal stability, low outgassing, and permeation are key requirements of the seals used in deposition applications.
By Product Type
“O-Rings are expected to remain dominant, whereas Bonded Door Seals are expected to be the fastest-growing product in the market during the forecast period”.
- The market is segmented into O-rings, bonded door seals, energized seals, and others.
- O-rings are widely used because of their flexibility, ease of use, and inexpensive production methods. They are considered versatile seals for static applications and are used either as a single-sealing element or as energizing elements for two-component seals and wipers.
- There is an increasing requirement for O-rings due to shifting from batch to single-wafer processing by the semiconductor industry.
- Bonded door seals simplify installation, reduce particle generation, extend lifespan, and speed up maintenance compared to other alternatives. Applications include gate valves, slit valve doors, and other applications employing an O-ring.
- Key players in the market also offer custom-molded design seals using materials ranging from basic elastomer grades to leading-edge, high-specification compounds that are specifically developed for semiconductor equipment applications.
By Material Type
“FFKM is expected to remain the most preferred as well as the fastest-growing material during the forecast period”.
- The market is segmented into FKM, FFKM, fluorosilicone, and others.
- FFKM is virtually inert and demonstrates universal chemical compatibility. The material is suited for wet processing systems at very high temperatures and in aggressive plasma applications, ideal as an upstream sealing solution. FFKM can also be used up to 325°C.
- DuPont and Greene Tweed are the leading companies in the FFKM seals market. DuPont’s Kalrez FFKM seals are considered the industry standard by all the major semiconductor equipment manufacturers.
- In January 2023, Germany, along with the Netherlands, Denmark, Sweden, and Norway, initiated a comprehensive restriction proposal for PFAS at the European Chemicals Agency (ECHA). This proposal aims to ban the production, use, and market availability of PFAS in the European Union.
- 3M will discontinue manufacturing all fluoropolymers, fluorinated fluids, and PFAS-based additive products from 2025.
By Motion Type
“Static seals are expected to remain dominant during the forecast period”.
- The market is segmented into static seals and dynamic seals.
- Static seals are characterized by the absence of relative motion between the seal and gland. Materials preferred for static seals are FFKM, FKM, EDPM, NBR, FVMQ, PTFE, and VMQ.
- In semiconductor fabrication equipment, dynamic seals include door seals, gate valves, pendulum valves, quartz chamber seals, plenum seals, drain seals, etc.
By End-User Type
“Aftermarket is expected to remain the dominant as well as the faster-growing end-user in the market during the forecast period”.
- The market is segmented into OE and Aftermarket.
- The aftermarket segment is driven by the replacement of old and outdated seals with new and advanced ones as semiconductor manufacturing processes are very aggressive and result in frequent wear & tear.
- The aftermarket is more sensitive to price with the presence of local players, giving tough competition to the global players.
Regional Analysis
“Asia-Pacific is expected to remain the largest as well as the fastest-growing region for the semiconductor seals market during the forecast period”.
- The Asia-Pacific region is a major center for electronics manufacturing, encompassing consumer electronics, automotive components, and industrial equipment. Key economies are actively promoting the domestic semiconductor industry through aggressive investment policies and subsidies.
- Countries, such as China, Japan, South Korea, and Taiwan, are the growth engines of the semiconductor seals market. These countries account for +70% of global semiconductor production.
- The region has a presence of major semiconductor manufacturers such as Samsung, Taiwan Semiconductor Manufacturing Company, Hynix, Toshiba, and Fujitsu.
- The ongoing “Chip War" between the US and China is fueling a fierce battle for dominance in the semiconductor market. The USA constitutes around 50% of the chip design market globally and the country is also focusing on manufacturing ~20% of the world’s most advanced logic chips by the end of the decade.
Key Players
The market is consolidated with the presence of a handful number of players across regions. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc. The following are the key players in the semiconductor seals market. Key players are also manufacturing custom semiconductor seals in any size, shape, and thickness, based on customers’ designs.
Here is the list of the Top Players
- DuPont de Nemours
- Greene Tweed & Co., Ltd.
- PARKER HANNIFIN CORP
- Valqua Ltd.
- Trelleborg SE
- Daikin Industries, Ltd.
- MNE Co., Ltd.
- Precision Polymer Engineering Limited
- EnPro Industries, Inc.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s semiconductor seals market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global semiconductor seals market is segmented into the following categories.
Semiconductor Seals Market, by Application Type
- Lithography (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Etching/Cleaning (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Deposition (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Process Diagnostics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Processes (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Semiconductor Seals Market, by Product Type
- O-Rings (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Bonded Door Seals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Energized Seals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Semiconductor Seals Market, by Material Type
- FKM (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- FFKM (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Fluorosilicone (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Semiconductor Seals Market, by Motion Type
- Static Seals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Dynamic Seals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Semiconductor Seals Market, by End-User Type
- OE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Semiconductor Seals Market, by Region
- North America (Country Analysis: The USA, and Others)
- Europe (Country Analysis: Germany, The Netherlands, The UK, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, South Korea, Taiwan, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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