South Korea Semiconductor Materials Market Size, Share, and COVID-19 Impact Analysis, By Product (Fab Materials and Packaging Materials) and By Application (Computers and Communications), and South Korea Semiconductor Materials Market Insights, Industry Trend, Forecasts to 2035

South Korea Semiconductor Materials Market Insights Forecasts to 2035

• The South Korea Semiconductor Materials Market Size Was Estimated at USD 1.69 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.70% from 2025 to 2035
• The South Korea Semiconductor Materials Market Size is Expected to Reach USD 3.82 Billion by 2035

According to a research report published by Spherical Insights and Consulting, The South Korea Semiconductor Materials Market Size is anticipated to reach USD 3.82 Billion by 2035, growing at a CAGR of 7.70 % from 2025 to 2035. The rising demand for sophisticated semiconductor devices is driving notable trends in the South Korea semiconductor materials market. This need is greatly derived from the expansion of the electronics industry, especially in the areas of consumer electronics, automotive, and industrial applications.

Market Overview

The commerce and application of materials having conductivity between conductors and insulators, which are necessary for the production of electronic devices such as integrated circuits and transistors, are included in the semiconductor materials market. Modern electronics are built on these materials, which include silicon, gallium arsenide, and germanium. Advanced driver assistance systems (ADAS) and driverless cars depend on semiconductor materials to improve efficiency, safety, and performance. The need for these materials is being driven by the expanding market for driverless vehicles. The market for semiconductor materials acts as a stimulant for innovation, propelling the creation of novel materials and technologies for a range of uses, such as AI-powered gadgets, flexible electronics, and quantum computing. To lessen dependency on imports and maintain a stable supply chain, more money is being invested in domestic semiconductor manufacturing, especially in India. This will open up opportunities for regional material suppliers. The increasing use of AI in a variety of gadgets, such as self-driving cars and smartphones, is pushing up demand for specialized semiconductor materials and components. To boost semiconductor manufacturing and build an ecosystem, the government has signed Memorandums of Understanding with a number of nations, including the USA, EU, Japan, and Singapore.

Report Coverage

This research report categorizes the market for South Korea semiconductor materials market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea semiconductor materials market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea semiconductor materials market sub-segment.

Driving Factors

Advanced materials with particular qualities are needed as a result of ongoing advancements in semiconductor production techniques as well as the introduction of new technologies like 5G and AI. High-quality semiconductor materials are in high demand due to the growing need for computers, smartphones, automobile electronics, and other cutting-edge electronic products. The need for specialized semiconductor materials is driven by ongoing research and development, particularly in fields like novel materials, packaging, and production techniques. The overall expansion of the market is influenced by increased economic activity and investments in the semiconductor industry, especially in fields like 5G and AI.

Restraining Factors

Natural disasters or geopolitical unrest can cause disruptions in the global supply chain, which can result in shortages of essential commodities, longer lead times, and higher prices. sophisticated technology and strict quality standards are needed to manufacture sophisticated semiconductor materials, which raises production costs. For smaller companies or those operating in areas with less developed manufacturing infrastructure, this might be especially difficult. The semiconductor industry's rapid technical improvements can result in regular upgrades and modifications to semiconductor designs and packaging specifications, thereby rendering outdated materials and technologies.

Market Segmentation

The South Korea Semiconductor Materials Market share is classified into product and application.

• The fab materials segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea semiconductor materials market is segmented by product into fab materials and packaging materials. Among these, the fab materials segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Fab materials, which are essential to the creation of semiconductors, include a variety of products like etchants, cleaning agents, and chemicals used in photolithography. These are all essential to guaranteeing the accuracy and productivity of chip fabrication.

• The computers segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea semiconductor materials market is segmented by application into computers and communications. Among these, the computers segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Semiconductor materials are essential for the creation of microchips used in a variety of electronic devices, which have an impact on both the consumer and business sectors, computers account for a sizable amount of the demand for these materials.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea semiconductor materials market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• SK Hynix
• Samsung Electronics
• DB HiTek
• Kumho Petrochemical
• KCC Corporation
• Poongsan Corporation
• Samsung Electro-Mechanics
• KMH Hitech
• Hana Materials
• Soulbrain Holdings
• ABOV Semiconductor
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea semiconductor materials market based on the below-mentioned segments:

South Korea Semiconductor Materials Market, By Product

• Fab Materials
• Packaging Materials

South Korea Semiconductor Materials Market, By Application

• Computers
• Communications