The market for semiconductor manufacturing material supplies grew by 6.8% last year, reaching $73.2 billion.

Growth in sales of materials for chip manufacturing: key figures

Since the “boom period” of artificial intelligence (since fall 2022) demand for semiconductors has been rising, and with it the demand for the materials from which they are made. In 2023 revenue from selling such materials increased by 6.8 % to $73.2 billion.

What specifically drove the growth
SegmentRevenue GrowthTotal AmountMaterials for processing silicon wafers +5.4 %$45.8 billionLithography (including materials) double-digit growthChip packaging +9.3 %$27.4 billion
* The emergence of more complex process technologies and the expansion of the high‑performance computing market for AI have boosted demand.

* Prices of gold – a key component of chip contacts – also contributed to revenue growth.

Geographic breakdown
RegionRevenue (2023)Growth %Taiwan$21.7 billion+8.6 %China$15.6 billion+12.5 %South Korea$11.2 billion+2.4 %North America$6.2 billion+10.7 %Japan$6.8 billion–Europe$4.2 billion–6.0 %
* Taiwan remains the largest market for chip materials for 16 consecutive years.

* China shows the fastest growth dynamics among all regions.

* Europe is experiencing a revenue decline of 6 %, making it the only region with a negative trend.

Conclusion:

Demand for semiconductor manufacturing materials continues to grow, especially in lithography and chip packaging segments. Geographically, Taiwan and China lead, while Europe faces declining revenue. This confirms the ongoing AI boom and its impact on the semiconductor supply chain.