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Compound Semiconductor Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 249 Pages
  • August 2025
  • Region: Global
  • Fairfield Market Research
  • ID: 5922692
The global compound semiconductor materials market size is likely to be valued at US$ 43 Bn in 2025 and is estimated to reach US$ 70 Bn by 2032, growing at a CAGR of 7.21% during the forecast period 2025-2032. Compound semiconductors, made from two or more elements, offer superior electronic, optical, and thermal properties compared to traditional silicon, making them vital in applications such as high-speed electronics, LEDs, power electronics, and RF communication. Increasing adoption in emerging technologies like 5G, electric vehicles, and renewable energy systems is driving significant demand for these materials globally.

Compound Semiconductor Materials Market - Report Scope

The compound semiconductor materials market encompasses a range of advanced materials, including Group IV-IV, Group III-V, Group II-VI, and sapphire, each offering distinct properties suitable for different end-use applications. These materials are integral to electronics, aerospace & defense, telecommunications, and other high-tech sectors. With rising demand for energy-efficient solutions, high-frequency performance, and miniaturization, the role of compound semiconductors in modern devices has become indispensable. The rapid expansion of consumer electronics, coupled with the global shift toward sustainable energy and electrification, is further boosting their adoption.

Key Market Growth Drivers

The market is propelled by the growing demand for high-performance and energy-efficient electronic devices. The global rollout of 5G networks is significantly boosting the need for compound semiconductor-based RF components. The increasing adoption of electric vehicles and renewable energy infrastructure is also accelerating the usage of compound semiconductors in power electronics. Advancements in optoelectronics, particularly in LED lighting and laser applications, are further enhancing market growth. Additionally, rising investments in aerospace and defense technologies, where high-temperature and high-frequency performance is critical, are contributing to market expansion.

Market Restraints

Despite robust growth, the market faces challenges related to high manufacturing costs and complex production processes. Limited availability of raw materials and the dependency on specialized manufacturing facilities create supply chain vulnerabilities. The integration of compound semiconductors into existing silicon-based systems can also pose compatibility issues, slowing adoption in certain industries. Furthermore, geopolitical factors and trade restrictions on semiconductor materials may affect global supply and pricing stability.

Market Opportunities

The transition toward electric and autonomous vehicles presents lucrative opportunities for compound semiconductor applications in battery management and high-efficiency power conversion. Expanding deployment of 5G and future 6G networks will require advanced RF and optoelectronic components, creating sustained demand. Emerging applications in quantum computing, AI hardware, and advanced medical devices also offer significant growth avenues. Moreover, increased investments in semiconductor fabrication facilities in Asia-Pacific and the Americas provide a strong platform for market players to expand production capabilities and address rising global demand.

Regional Outlook

The Asia-Pacific region is expected to dominate the compound semiconductor materials market due to its strong electronics manufacturing base, particularly in China, Japan, South Korea, and Taiwan. The region’s leadership in consumer electronics, 5G infrastructure, and electric vehicle production ensures continued demand. North America is anticipated to witness strong growth driven by advancements in aerospace & defense, 5G network expansion, and semiconductor R&D investments. Europe’s focus on renewable energy, automotive electrification, and industrial automation will also contribute to market expansion. The Middle East & Africa and Latin America are projected to show steady growth, supported by infrastructure modernization and increasing adoption of high-performance electronics.

Leading Companies

  • Cree Inc.
  • Air Products and Chemicals, Inc.
  • Galaxy Compound Semiconductors Inc.
  • Dow Corning Corporation
  • Nichia Corporation
  • Momentive

Market Segmentation

By Type:

  • Group IV-IV
  • Group III-V
  • Group II-VI
  • Sapphire

By Application:

  • Electronics & Consumer Goods
  • Aerospace & Defense
  • Telecommunication
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Table of Contents

1. Executive Summary
1.1. Global Compound Semiconductor Materials Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2025
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Compound Semiconductor Materials Market Outlook, 2019-2032
3.1. Global Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
3.1.1. Key Highlights
3.1.1.1. Group IV-IV
3.1.1.2. Group III-V
3.1.1.3. Group II-VI
3.1.1.4. Sapphire
3.2. Global Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
3.2.1. Key Highlights
3.2.1.1. Electronics & Consumer Goods
3.2.1.2. Aerospace & Defense
3.2.1.3. Telecommunication
3.2.1.4. Others
3.3. Global Compound Semiconductor Materials Market Outlook, by Region, Value (US$ Bn), 2019-2032
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Compound Semiconductor Materials Market Outlook, 2019-2032
4.1. North America Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
4.1.1. Key Highlights
4.1.1.1. Group IV-IV
4.1.1.2. Group III-V
4.1.1.3. Group II-VI
4.1.1.4. Sapphire
4.2. North America Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
4.2.1. Key Highlights
4.2.1.1. Electronics & Consumer Goods
4.2.1.2. Aerospace & Defense
4.2.1.3. Telecommunication
4.2.1.4. Others
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Compound Semiconductor Materials Market Outlook, by Country, Value (US$ Bn), 2019-2032
4.3.1. Key Highlights
4.3.1.1. U.S. Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
4.3.1.2. U.S. Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
4.3.1.3. Canada Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
4.3.1.4. Canada Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Compound Semiconductor Materials Market Outlook, 2019-2032
5.1. Europe Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
5.1.1. Key Highlights
5.1.1.1. Group IV-IV
5.1.1.2. Group III-V
5.1.1.3. Group II-VI
5.1.1.4. Sapphire
5.2. Europe Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
5.2.1. Key Highlights
5.2.1.1. Electronics & Consumer Goods
5.2.1.2. Aerospace & Defense
5.2.1.3. Telecommunication
5.2.1.4. Others
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Compound Semiconductor Materials Market Outlook, by Country, Value (US$ Bn), 2019-2032
5.3.1. Key Highlights
5.3.1.1. Germany Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.2. Germany Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.3. U.K. Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.4. U.K. Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.5. France Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.6. France Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.7. Italy Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.8. Italy Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.9. Turkey Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.10. Turkey Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.11. Russia Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.12. Russia Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.1.13. Rest of Europe Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
5.3.1.14. Rest of Europe Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Compound Semiconductor Materials Market Outlook, 2019-2032
6.1. Asia Pacific Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
6.1.1. Key Highlights
6.1.1.1. Group IV-IV
6.1.1.2. Group III-V
6.1.1.3. Group II-VI
6.1.1.4. Sapphire
6.2. Asia Pacific Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
6.2.1. Key Highlights
6.2.1.1. Electronics & Consumer Goods
6.2.1.2. Aerospace & Defense
6.2.1.3. Telecommunication
6.2.1.4. Others
6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Compound Semiconductor Materials Market Outlook, by Country, Value (US$ Bn), 2019-2032
6.3.1. Key Highlights
6.3.1.1. China Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.2. China Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.1.3. Japan Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.4. Japan Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.1.5. South Korea Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.6. South Korea Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.1.7. India Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.8. India Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.1.9. Southeast Asia Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.10. Southeast Asia Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.1.11. Rest of Asia Pacific Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
6.3.1.12. Rest of Asia Pacific Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Compound Semiconductor Materials Market Outlook, 2019-2032
7.1. Latin America Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
7.1.1. Key Highlights
7.1.1.1. Group IV-IV
7.1.1.2. Group III-V
7.1.1.3. Group II-VI
7.1.1.4. Sapphire
7.2. Latin America Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
7.2.1. Key Highlights
7.2.1.1. Electronics & Consumer Goods
7.2.1.2. Aerospace & Defense
7.2.1.3. Telecommunication
7.2.1.4. Others
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Compound Semiconductor Materials Market Outlook, by Country, Value (US$ Bn), 2019-2032
7.3.1. Key Highlights
7.3.1.1. Brazil Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
7.3.1.2. Brazil Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
7.3.1.3. Mexico Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
7.3.1.4. Mexico Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
7.3.1.5. Argentina Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
7.3.1.6. Argentina Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
7.3.1.7. Rest of Latin America Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
7.3.1.8. Rest of Latin America Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Compound Semiconductor Materials Market Outlook, 2019-2032
8.1. Middle East & Africa Compound Semiconductor Materials Market Outlook, by Type, Value (US$ Bn), 2019-2032
8.1.1. Key Highlights
8.1.1.1. Group IV-IV
8.1.1.2. Group III-V
8.1.1.3. Group II-VI
8.1.1.4. Sapphire
8.2. Middle East & Africa Compound Semiconductor Materials Market Outlook, by Application, Value (US$ Bn), 2019-2032
8.2.1. Key Highlights
8.2.1.1. Electronics & Consumer Goods
8.2.1.2. Aerospace & Defense
8.2.1.3. Telecommunication
8.2.1.4. Others
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Compound Semiconductor Materials Market Outlook, by Country, Value (US$ Bn), 2019-2032
8.3.1. Key Highlights
8.3.1.1. GCC Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
8.3.1.2. GCC Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
8.3.1.3. South Africa Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
8.3.1.4. South Africa Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
8.3.1.5. Egypt Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
8.3.1.6. Egypt Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
8.3.1.7. Nigeria Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
8.3.1.8. Nigeria Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
8.3.1.9. Rest of Middle East & Africa Compound Semiconductor Materials Market by Type, Value (US$ Bn), 2019-2032
8.3.1.10. Rest of Middle East & Africa Compound Semiconductor Materials Market by Application, Value (US$ Bn), 2019-2032
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2025
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. Cree Inc.
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. SK siltron Co., Ltd.
9.4.3. Sumitomo Electric Industries, Ltd.
9.4.4. JX Nippon Mining & Metals
9.4.5. FURUKAWA CO., LTD.
9.4.6. Shin-Etsu Chemical Co., Ltd.
9.4.7. SHOWA DENKO K.K.
9.4.8. Xiamen Powerway Advanced Material Co.
9.4.9. Freiberger Compound Materials GmbH
9.4.10. WIN Semiconductors Corp
9.4.11. IQE PLC
9.4.12.
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • Cree Inc.
  • Air Products and Chemicals, Inc.
  • Galaxy Compound Semiconductors Inc.
  • Dow Corning Corporation
  • Nichia Corporation
  • Momentive