Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 35.01 Billion | USD 71.5 Billion | 7.4% | 2024 |
FrequentlyAsked Questions
The term "advanced materials for electronics" refers to specially designed materials with better qualities, such as mechanical strength, chemical resistance, thermal stability, or electrical conductivity, that are utilized to create and improve electronic systems and gadgets.
The advanced materials for electronics market is majorly influenced by several variables such as renewable energy expansion, growing adoption of EVs across the globe, and the emergence of advanced technology such as AI, IoT, and 5G.
According to the report, the global advanced materials for electronics market size was worth around USD 35.01 billion in 2024 and is predicted to grow to around USD 71.5 billion by 2034.
The global advanced materials for electronics market is expected to grow at a CAGR of 7.4% during the forecast period.
The global advanced materials for electronics market growth is expected to be driven by Europe. It is currently the world’s highest revenue-generating market due to the rising adoption of EVs and the proliferation of smartphones.
The global advanced materials for electronics market is dominated by players like BASF SE, Renesas Electronics Corporation., Nanosys Inc., STMicroelectronics, Toshiba Materials Co., Ltd., Arkema, Taiwan Semiconductor Manufacturing Company Limited, SAMSUNG SDI CO., LTD., Broadcom Inc., CVD Equipment Corporation, Mitsubishi Chemical, Heraeus Electronics, and UNIVERSAL DISPLAY, among others.
The market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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