Market Insights
The semiconductor manufacturing process is extremely critical and sensitive where contaminations are measured in microns. Semiconductor seals are used to avoid contaminations by reducing particulates, lowering extractable, and resisting degradation in harsh plasma. The general trend in the semiconductor fabrication industry is to reduce maintenance. To reduce the maintenance cost, fabricators are demanding high-performance seals with a better life span.

The growth of most of the markets was severely hit by the pandemic with supply-chain sabotage, huge COVID-related costs, temporary production halts, slackening demand, etc. being the major hindrances. However, the semiconductor equipment market was articulative enough in deceiving the merciless impact of the pandemic on its demand in the short-term scenario, especially in 2020. However, the pandemic is still spreading with devastating the market health.

Based on several primary interviews coupled with the study of previous downturns and their growth trajectory, Stratview Research estimated the seals market would go along with the demand for semiconductor equipment, registered a contracted growth in 2020, followed by healthy growth starting from 2021, reaching the unprecedented milestone of US$ 0.9 billion in 2026. Some of the key factors driving forces that may stir the demand for seals in the semiconductor industry to be increased high-bandwidth smartphones, increasing demand for wearable devices, and rapid expansion of electric vehicles across the globe.

Segment Analysis
Semiconductor Seals Market Share by Technology Type
Stratview Research has firstly segmented the semiconductor seals market based on the application type as cleaning/etching, CVD, ALD, PVD, oxidation, diffusion, and others. Cleaning/etching is expected to remain the largest application segment of the market over the next five years. Key driving factors are the rising demand for more efficient cleaning technologies for the development of efficient and effective semiconductors. Furthermore, there is also an increase in the demand for small devices, such as smartphones, laptops, and other consumer goods, which is fueling the growth of the market. CVD application is also gaining traction owing to rising investment in thin-film solar photovoltaics and a surge in demand for semiconductor lasers.

Semiconductor Seals Market Share by Material Type
Based on the material type, the semiconductor seals market is segmented as FKM, FFKM, fluorosilicone, and others. FFKM is estimated to maintain its huge dominance in the market in the foreseen future. Key factors boosting the demand for FFKM seals are increasing demand for high-performance seals owing to increasing wafer size. FKM seals also offer sizeable opportunities and are relatively cheap than FFKM seals, making them a viable sealing solution where they meet desired requirements of applications in the semiconductor fabrication process.

Semiconductor Seals Market Share by Product Type
Based on the product type, the market is segmented as O-rings, lip seals/bonded seals, gaskets, and others. The o-rings segment is likely to maintain its dominance during the forecast period, propelled by its high usage in the semiconductor manufacturing process. O-rings can be used in both static and dynamic applications where there is relative motion between the parts and O-ring. O-rings are required to sustain some of the harshest operating environments during the semiconductor production process, such as high heat, aggressive plasma, hot wet chemicals, amines, and remote NF3 cleans. These factors have led to an increased usage of FKM, FFKM, and fluorosilicone materials in the manufacturing of o-rings.

Regional Insights
In terms of regions, Asia-Pacific is expected to remain the largest market over the next five years. China, Taiwan, South Korea, and Japan are the leading markets in the region. The key factor driving the region’s growth is the aggressive promotional policies by the governments coupled with high investments made by private companies. The region is a manufacturing hub for the electrical & electronics industry, driven by many factors including low-cost manufacturing advantage, availability of raw materials, developed supply chain, and huge indigenous demand. Over the years, there has been a manufacturing shift in the electronics industry from the developed markets to Asia-Pacific.

The semiconductor seals market is segmented into the following categories.

Semiconductor Seals Market, By Application Type

  • Cleaning/Etching Agent/Adhesion Promoter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • CVD (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • ALD (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • PVD (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Oxidation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Diffusion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Semiconductor Seals Market, By Material Type

  • FKM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • FFKM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Fluorosilicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Semiconductor Seals Market, By Product Type

  • O-Rings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • LIP Seals/Bonded Seals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Gaskets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Semiconductor Seals Market, By Motion Type

  • Static Seals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Dynamic Seals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Semiconductor Seals Market, By Region

  • North America (Country Analysis: The USA, and Rest of North America)
  • Europe (Country Analysis: Germany, The Netherlands, The UK, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, South Korea, Taiwan, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Key Players
The supply chain of this market comprises raw material suppliers, semiconductor seal fabricators, semiconductor equipment manufacturers, and semiconductor fabricators.

The key semiconductor seal manufacturers are-

  • Greene Tweed & Co., Inc.
  • Trelleborg AB
  • EnPro Industries
  • Parker-Hannifin Corporation
  • Valqua., Ltd.
  • Precision Polymer Engineering
  • DuPont De Nemours, Inc
  • EKK Eagle Industries Co., Ltd.
  • Freudenberg Group.