Semiconductor Gases Market Report 2026

The semiconductor gases market size has grown strongly in recent years. It will grow from $10.16 billion in 2025 to $10.9 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth of consumer electronics, expansion of semiconductor fabs, demand for integrated circuits, advancement in chip miniaturization, rising electronics consumption.

The semiconductor gases market size is expected to see strong growth in the next few years. It will grow to $14.46 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to growth in AI and data centers, expansion of EV semiconductor demand, increasing investment in fabs, rising adoption of advanced nodes, geopolitical focus on chip self sufficiency. Major trends in the forecast period include rising demand for ultra high purity gases, expansion of semiconductor fabrication capacity, growing use of specialty electronic gases, increasing adoption in advanced chip manufacturing, focus on process efficiency and yield improvement.

The rising demand for semiconductors is expected to propel the growth of the semiconductor gas market going forward. The electrical conductivity of semiconductors, which are crystalline solids, falls between that of insulators and conductors. Semiconductor gases play a vital role in semiconductor manufacturing and are used in processes such as chemical vapor deposition (CVD), etching, and cleaning. These gases are extensively utilized throughout semiconductor production, so as semiconductor demand increases, the need for semiconductor gases also rises. For instance, in March 2025, according to the Semiconductor Industry Association, a US-based trade association, global semiconductor sales reached $627.6 billion in 2024, reflecting a 19.1 percent increase from the 2023 total of $526.8 billion. Therefore, the rising demand for semiconductors is boosting the semiconductor gases market.

The rise in demand for consumer electronics is expected to drive the growth of the semiconductor gas market going forward. Consumer electronics are devices designed for everyday, non-professional use, including products for entertainment, communication, and recreation such as TVs, smartphones, tablets, digital cameras, and video game consoles. Semiconductor gases contribute to the performance, miniaturization, and efficiency of the chips integrated into these devices. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, consumer electronics production reached $204.67 million (¥32,099 million), representing a 127% increase compared to the previous year. Therefore, the rise in demand for consumer electronics is supporting the growth of the semiconductor gases market.

In April 2025, Hahn & Co., a South Korea-based private equity firm, acquired SK Specialty for approximately $1.8 billion. Through this acquisition, Hahn & Co. aimed to secure a controlling stake in a leading global supplier of specialty gases and capitalize on the rising demand for high-purity gases essential for semiconductor and display panel fabrication. SK Specialty is a South Korea-based gas manufacturing company specializing in a range of semiconductor gases, including deposition gases.

Major companies operating in the semiconductor gases market are Air Water Inc., Air Liquide Ltd., Solvay SA, Air Products and Chemicals Inc., American Gas Product, Showa Denko K.K., Taiyo Nippon Sanso Corporation, Iwatani Corporation, Toho Gas Co Ltd., Tokuyama Corporation, Westfalen AG, Hyosung TNC Corporation, Messer Group GMBH, Nippon Gases Co Ltd., Ichor Systems Inc., Ube Industries Ltd., Sapura Specialty Gas, Osaka Soda Co Ltd., Matheson Tri-Gas Inc., Guangdong Huate Gas Co Ltd., REC Silicon ASA, Indiana Oxygen Inc., Advanced Specialty Gases Inc, MG Chemicals, Yingde Gases, Tokyo Oxygen Co Ltd, Tokai Denko Co Ltd.

Asia-Pacific was the largest region in the semiconductor gases market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global semiconductor gas market report during the forecast period. The regions covered in the semiconductor gases market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the semiconductor gases market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The semiconductor gases market consists of sales of semiconductor gases such as ammonia, argon, and allene. 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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