Title: High-k and ALD/CVD Metal Precursor Market share to exceed $950mn by 2024
1High-k and ALD/CVD Metal Precursor Market share
to exceed 950mn by 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from High-k and ALD/CVD Metal
Precursor Market
- Favorable government legislations encouraging
production of power saving semiconductor devices
will benefit high-k and ALD/CVD metal precursor
market. High application potential of
semiconductors in mobiles, smartphones, iPhones,
cars, and DTV are expected to enhance the growth
prospects of the industry over the coming years.
As per Global Market Insights, Inc., research
study High-k and ALD/CVD metal precursor
industry size is forecast to hit USD 965 million
by 2024. - Today, industry players are laying more emphasis
on developing processes to form hybrid thin
inorganic-organic films with the desired features
to reduce production costs, thereby stimulating
the demand for high-k and ALD/CVD metal
precursors. High popularity of trailing edge
devices supporting internet of things (IoT)
technology and consumer electronics sector
growth, is expected to fuel the industry trends
over the coming seven years.
3Continued...
- Governments across the globe have made heavy
investments in nanotechnology research, owing to
its growing application across industrial and
military sectors, and this is predicted to
generate high avenues for high-k and CVD metal
precursor industry over the coming timeframe. For
instance, EU, U.S., and Japan have made
investments of USD 1.2 billion, USD 3.7 billion,
and USD 750 million respectively in the national
nanotechnology initiative. - Various technologies such as gates, capacitor,
and interconnect are expected to influence high-k
and ALD/CVD metal precursor industry growth over
the coming seven years. Interconnect technology,
which had a considerable impact on the global
high-k and ALD/CVD metal precursor industry share
in 2015, is expected to witness a significant
growth over the period of 2016-2024. - Gates technology based high-k and ALD/CVD metal
precursor market, which was estimated at over USD
33 million in 2015, is forecast to grow
considerably over the next few years, owing to
high requirement for thermal and chemical
stability.
4U.S. high-k and ALD/CVD metal precursor market
size, by technology, 2013-2024 (USD Million)
5 Browse Full Market Research Report Of High-k and
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6Continued...
- Asia Pacific high-k and ALD/CVD metal precursor
industry growth is predicted to be driven by
increasing demand for semiconductors across BRICS
nations. Thailand, South Korea, and Taiwan are
anticipated to offer lucrative growth avenues for
the industry. In addition to this, low cost and
portability of the precursors are expected to
drive the regional growth over the coming seven
years. - North America high-k and ALD/CVD metal precursor
industry revenue is expected to witness a high
surge over the period of 2016-2024, driven by
growing nanotechnology and microelectronics
sector. U.S. is projected to contribute
significantly towards the regional revenue. - Market participants will try to improve their ROI
by adopting key growth strategies such as high R
D investments, competitive pricing, product
differentiation, and strategic collaborations.
Key industry players include The DOW Chemical
Company, Air Liquide, Adeka Corporation, ATMI
Incorporated, Air Products Chemicals
Incorporation, and UP Chemical Company Limited.
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