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Semiconductors Gas Filters Market To Reach $21.7 Billion By 2027: Meticulous Research

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  • The in-line filters segment is estimated to account for the largest share of the overall semiconductor gas filters market in 2020
  • The Asia Pacific region is estimated to account for the largest share of the global semiconductor gas filters market in 2020
Image for representation (pic credit-ceth ksu)

The semiconductor gas filters market is expected to reach $21.7 billion by 2027 as per a report by Meticulous Research. It added that the market will grow at a CAGR of five per cent from 2020 to 2027.

As per the report, increasing investment in the semiconductor gas filter industry for expanding manufacturing facilities, easy availability of gas filters, increasing adoption of semiconductor components & LED, and consistent technological developments are some of the key factors driving the growth of the semiconductor gas filters (SGF) market. It further said that the growing focus of leading players on developing cost-effective innovative filters, growing consumption of semiconductor components in medical devices mainly during COVID-19 pandemic, and rapid recovery of the Chinese market will boost the demand for semiconductor gas filters in the coming years.

It added, “The increasing acquisitions of and collaborations with local filtration firms by leading players to strengthen the product portfolio, distribution reach, and their position in the global market is further encouraging the growth of the semiconductor gas filter market during the forecast period. However, factors such as developing low-cost advanced filters, dynamic nature of the semiconductor manufacturing industry, and serious impact of COVID-19 pandemic worldwide is hampering the growth of this market.”

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Metallic filter element segment

The report said that though there are strict lockdowns across the globe, most component designing and R&D departments were functional for decision making and product enhancements. Adding to that, work-from-home strategies adopted by companies and growing trend of bring-your-own-device (BYOD) policies are expected to boost the demand for computers, laptops, connected devices, and other storage solutions. It further said that government initiatives to uplift different sectors affected by COVID-19 like reduction and ease in interest rate, tax exceptions, and several financial packages are expected to help businesses to recover rapidly and support the recovery of the semiconductor manufacturing industry.

It added that based on construction, the in-line filters segment is estimated to account for the largest share of the overall semiconductor gas filters market in 2020. This is due to increasing adoption of LED coupled with favorable government initiatives, increasing demand for memory cards and storage devices, and growing demand for in-line filters to protect critical semiconductor components from contamination.

The report said, ” The growing developments among players for rising efficiency and improving performance of filters is encouraging the fastest growth of the semiconductor in-line gas filters market over the forecast period. These filters are mainly employed for high or ultra-high purity (UHP) systems and high-flow processes, such as diffusion, annealing, epitaxy tools, and connections, among others. These filters are primarily designed for use in high-pressure and high-temperature applications, particularly in the semiconductor sector, including flat panel displays, data storage, and LED manufacturing, among others.”

Based on the filter element, the metallic filter element segment is estimated to account for the largest share of the overall semiconductor gas filters market in 2020. This is due to growing need for high purity gas filters during the semiconductor manufacturing process, growing investment in the semiconductor industry, and high adoption of metallic elements in the gas filter industry owing to its corrosion property. The continuous technological developments in metallic filters and increasing use of these filters in high-pressure and high-temperature applications are also giving a boost to this segment. 

The stainless steel segment is estimated to account for the largest share of the overall metallic semiconductor gas filters market in 2020. Stainless steel gas filters are primarily designed to prevent corrosion and particle formation in dynamic-pressure and high-temperature applications.

APAC to lead in 2020

The Asia Pacific region is estimated to account for the largest share of the global semiconductor gas filters market in 2020. This is due to saturation of the semiconductor manufacturing industry along with high consumption of semiconductor devices and the large electronics manufacturing sector in the region. Other factors include favourable government initiatives, increasing government and private investment in the semiconductor manufacturing industry, and rising adoption of advanced technologies.

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