The spin on carbon market is projected to grow from USD 199 million in 2023 to USD 747 million by 2028, registering a CAGR of 30.2% during the forecast period. Rapid technological advancements in semiconductor manufacturing, the complexity of integrated circuits, and the development of advanced packaging solutions are expected to propel the spin on carbon market in the next five years. However, competitive substitution materials will likely pose challenges for the industry players.
Major Spin on Carbon Suppliers Include:
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Samsung SDI Co., Ltd. is a South Korean electronics company that manufactures batteries, electronic materials, and energy storage systems. It is a subsidiary of Samsung Electronics and is one of the world's largest battery manufacturers. The business and its subsidiaries engage in the R&D, production, and marketing of various digital products, including small-size Li-ion batteries, automotive batteries, semiconductors, electronic materials, energy storage systems, and organic light-emitting diodes (OLEDs). Its products are used in telecommunications devices, power devices, and information technology (IT) equipment.
Merck KGaA is a leading global science and technology company headquartered in Germany. The company develops and manufactures prescription drugs to treat cancer, multiple sclerosis, and infertility and develops liquid crystal mixtures, organic light-emitting diode (OLED) materials, cosmetic active ingredients, pigments for coatings, and high-tech materials. The company is divided into three business lines: Healthcare, Life Sciences, and Performance Material.
Shin-Etsu Chemical Co., Ltd. is a Japanese chemical company that manufactures a wide range of products, including silicone, semiconductor materials, and functional materials. It manufactures and markets organic and inorganic chemicals, electronics materials, and functional materials. The company's product portfolio includes polyvinyl chloride (PVC), silicones, cellulose derivatives, semiconductor silicon, rare earth magnets, LED packaging materials, epoxy molding compounds, and synthetic quartz. Shin-Etsu Chemical Co., Ltd. is also a leading supplier of semiconductor materials, such as photoresists and silicon wafers. Shin-Etsu Chemical Co., Ltd. photoresists product segment supports advanced lithography using the light source from i-line, KrF, ArF to EUV and also provides spin-on middle/under-layer hard masks used in the nanofabrication process.
Related Reports:
Spin-on Carbon Market by Type (Hot-Temperature Spin on Carbon, Normal-temperature Spin on Carbon), Application (Logic Devices, Memory Devices, Power Devices, Photonics, Advanced Packaging), End User and Region - Global Forecast to 2028
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Mr. Aashish Mehra
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