Semiconductor Gas Filters Market by Construction (In-line Filters, Gasket Filters) and Filter Element (Metallic Filter Element, Non-Metallic Filter Element) - Global Forecast to 2027

The Semiconductor Gas Filters Market is expected to reach $21.7 billion by 2027, at a CAGR of 5% during the forecast period of 2020 to 2027. The growth in the semiconductor gas filters market is primarily driven by factors such as rapid adoption of digital transformation technologies, significant growth in the demand for crystalline silicon wafer solar cells, and emergence of 5G. Furthermore, the growing demand for hardware used in AI applications is expected to offer growth opportunities for the players operating in this market. However, the dynamic nature of the semiconductors market and the development of advanced filters at relatively low cost can obstruct the growth of this market to a certain extent.

Impact of COVID-19 on the Semiconductor Gas Filters Market

COVID-19 pandemic has a rigorous impact on the performance of several businesses and economies worldwide. This pandemic has turned out to be worse than critical economic, strategic, and political clashes occurring across the globe. Due to COVID-19 outbreak, many manufacturing plants have temporarily closed and discontinued the import-export operations which has disrupted the overall supply chains and thus, affecting the demand and supply balance. The semiconductor gas filters industry is no exception to the other sectors bearing the negative impact of the COVID-19 during the first half of the year 2020. During this period, the semiconductor gas filters market revenue witnessed a decline, as semiconductor manufacturing has affected due to the decline in demand from several industry verticals, including consumer electronics, automobile electronics, and industrial electronics, among others.

Although the impact of COVID-19 has affected the majority of semiconductor & LED manufacturing and consumer electronic businesses across the globe, these businesses are eying to make a strong comeback by attracting consumers in the post-COVID-19 business environment. With the help of positive government policies, such as reduction and ease in interest rate, tax exemptions and moratoriums, and several financial packages are expected to support the revival of industrial demand over the coming period. The rapid recovery of the Chinese market is also showing some positive signs for the semiconductor gas filters market.

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Increasing investment in R&D activities to drive the growth of the overall semiconductor gas filters market

According to the industry experts, primary filter elements used in the industry have not really changed much in the past 30 years, while the other primary components of gas delivery and distribution systems witnessed remarkable developments. The semiconductor industry is moving towards 7nm from 10nm processes. Considering the rapid technological evolution of the electronics and semiconductor industry, leading players operating in the semiconductor gas filters market are investing in R&D activities to enhance their product portfolio and strengthen the market position.

Technology and product innovation through continuous R&D investments can help companies to enhance their existing gas filters and offer better filtration methods while reducing the overall cost of semiconductor manufacturing. The creation of advanced products adds new revenue streams as well as increases brand visibility. Companies, such as Entegris, Mott Corporation, and Pall, among others, are making substantial strides in terms of investments and product developments.

Key Findings in the Global Semiconductor Gas Filters Market Study:

In-line filters to dominate the overall semiconductor gas filters market in 2020

Based on construction, the in-line filters segment is estimated to command the largest share of the overall semiconductor gas filters market in 2020. The large share of this segment is mainly due to the continuous technological advancements, growing need for filters that prevent contamination of semiconductor components, rapidly increasing semiconductor manufacturing industry, and rising strategic developments among gas filters providers.

The metallic filter element segment is projected to grow at the fastest CAGR during the forecast period

Based on the filter element, the metallic filter element segment is projected to grow with the fastest rate during the forecast period, owing to the high adoption rate, increasing demand for high-pressure and high-temperature filters, growing investment in R&D activities, and increasing need of high purity gas filters coupled with technological advancements.

Asia-Pacific: The largest semiconductor gas filters market

The Asia Pacific region is estimated to command the largest share of the global semiconductor gas filters market in 2020. This region is also expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by factors such as economic growth of the region, consistent technological advancements in gas filters, easy availability coupled with the presence of many players, increasing consumer demand for high-performance filters, and increasing investment in the semiconductor industry. In addition, the leading players operating in this market are focusing on expanding their R&D center with investments, thereby encouraging the growth of the semiconductor gas filters market in this region over the forecast period.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by the leading market participants in the semiconductor gas filters market over the last few years. The key players profiled in the global semiconductor gas filters market are Entegris, Inc. (U.S.), Porvair Filtration Group (U.K.), Donaldson Company, Inc. (U.S.), Pall Corporation (U.S.), Ewald Associates, Inc. (U.S.), Mott Corporation (U.S.), Valin Corporation (U.S.), Nippon Seisen Co., Ltd. (Japan), Parker Hannifin Corporation (U.S.), WITT-Gasetechnik GmbH & Co KG (Germany), Mycropore Corporation (Taiwan), Teesing B.V. (Netherlands), and Bronkhorst High-Tech B.V. (Netherlands), among others.

Scope of the Semiconductor Gas Filters Report:

Semiconductor Gas Filters Market, by Construction

• In-line Filter
• Gasket Filter

Semiconductor Gas Filters Market, by Filter Element

• Metallic Filter Element
  • Stainless Steel (SS)
  • Nickel
  • Hastelloy
  • Other
• Non-Metallic Filter Element
  • Polytetrafluoroethylene (PTFE)
  • Ceramic
  • Nylon
  • Other

Semiconductor Gas Filters Market, by Geography   

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific
  • South Korea
  • Taiwan
  • Japan
  • China
  • India
  • Australia & New Zealand
  • Southeast Asia
  • Rest of Asia-Pacific
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East and Africa

Key questions answered in the report: