Electrical and Electronics Materials Market Report 2026

The electrical and electronics materials market size has grown rapidly in recent years. It will grow from $3.02 billion in 2025 to $3.33 billion in 2026 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to early adoption in semiconductor wafer fabrication, growing use in pcb laminates, increasing deployment in communication cable materials, expansion of insulating and conductive materials, rising usage in microelectronics production.

The electrical and electronics materials market size is expected to see rapid growth in the next few years. It will grow to $4.92 billion in 2030 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to rising demand for high-performance semiconductor materials, growth in advanced pcb substrates, expansion of solid-state and next-gen materials, increasing adoption in ev and energy storage applications, development of recyclable and eco-efficient material technologies. Major trends in the forecast period include expansion of intelligent material processing systems, adoption of digitalized electronic material tracking, integration of IoT-enabled material quality monitoring, development of sustainable low-impact material technologies, growth of ev-oriented advanced material platforms.

The escalating demand for consumer electronics is poised to be a significant driver propelling the growth of the electrical and electronic materials market. Consumer electronics, encompassing devices tailored for personal use - such as smartphones, laptops, and wearables - rely extensively on electrical and electronic materials to enable functionality, connectivity, and device miniaturization. Data from the Japan Electronics and Information Technology Industries Association highlights the substantial growth in total electronic equipment production, reaching $6.72 billion (¥771,457 million) in Japan. Specifically, the production value for consumer electronics soared to $280 million (¥32,099 million) in May 2023, marking a notable increase from $230.9 million (¥25,268 million) reported in May 2022. This burgeoning demand for consumer electronics augurs well for the electrical and electronic materials market, driving its growth trajectory.

Leading players in the electrical and electronics materials market are focusing on developing innovative materials such as high-shear non-pressure sinter pastes for die-attach applications in wide-bandgap power devices to improve efficiency, thermal performance, and reliability. Non-pressure sinter pastes are advanced conductive materials that enable die bonding without external pressure, offering high thermal conductivity, excellent joint strength, and compatibility with high-temperature operation - superior to traditional solder alloys that require flux and exhibit higher void rates. For instance, in January 2023, Heraeus Electronics, a Europe-based specialty materials company, introduced the mAgic DA320, a high-shear-strength non-pressure dispensing sinter paste for die-attach in power electronics. The product is formulated using micro-silver powder in an organic vehicle, allowing sintering at around 200 °C, providing high thermal conductivity and mechanical strength, and ensuring reliable operation in SiC and GaN-based devices used in EV inverters and power modules.

In April 2024, Prysmian Group, an Italy-based provider of power and telecom cable systems and energy transmission solutions, acquired Encore Wire Corporation for approximately $4.2 billion. This acquisition enhances Prysmian’s position in the North American electrical materials market, expands its product portfolio in copper and aluminum electrical wires and cables, and strengthens its manufacturing capabilities for energy and building infrastructure applications. Encore Wire Corporation is a US-based provider of copper and aluminum electrical wires and cables used in power generation, transmission, and distribution systems.

Major companies operating in the electrical and electronics materials market are 3M Company, E.I. du Pont de Nemours and Company (DuPont), Nitto Denko Corporation, Illinois Tool Works Inc., KREMPEL GmbH & Co. KG, Elantas GmbH, Dow Inc., CMC Materials Inc., Von Roll Holding AG, Kanto Chemical Co. Inc., Showa Denko Materials Co. Ltd., Weidmann Holding AG, BASF SE, Honeywell International Inc., Air Products and Chemicals Inc., Shin-Etsu Chemical Co. Ltd., AZ Electronic Materials S.A., Cabot Microelectronics Corporation, Hitachi Chemicals Co. Ltd., JSR Corporation, Sumitomo Chemical Group Corporation, Tokyo Ohka Kogyo Co. Ltd., Mitsubishi Chemical Corporation.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the electrical and electronic materials market by increasing costs for imported silicon wafers, laminates, photoresists, conductive materials, and specialty chemicals used in semiconductor and PCB production. Semiconductor, electronics, and communication system manufacturers in Asia-Pacific, Europe, and North America face cost escalations and supply delays due to tariff-related restrictions. Nonetheless, tariffs are boosting regional material production, encouraging alternative material innovations, and reinforcing supply chain localization to enhance long-term material security.

The electrical and electronic materials market research report is one of a series of new reports that provides electrical and electronic materials market statistics, including electrical and electronic materials industry global market size, regional shares, competitors with an electrical and electronic materials market share, detailed electrical and electronic materials market segments, market trends and opportunities, and any further data you may need to thrive in the electrical and electronic materials industry. This electrical and electronic materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electrical and electronic materials are essential components widely utilized in various device applications across industries. These materials play a crucial role in the electrical, electronic, and microelectronics sectors, contributing to the production of packaging materials, communication cables, optical fibers, displays, as well as various controlling and monitoring devices.

Key product types within the realm of electrical and electronic materials encompass silicon wafers, PCB laminates, photoresists, and other related products. Silicon wafers, for instance, are thin slices of crystallized silicon integral to the manufacturing of microchips and electronic devices. Voltage types, including low voltage, medium voltage, and high voltage, find applications in diverse areas such as semiconductors and integrated circuits (IC), printed circuit boards (PCB), among other electronic applications.Asia-Pacific was the largest region in the electrical and electronic materials market in 2025. Asia-Pacific is expected to be the fastest-growing region in the electrical and electronic materials market report during the forecast period. The regions covered in the electrical and electronics materials market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electrical and electronics materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electrical and electronic materials market consists of sales of conductors, isolators, and magnetic materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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