Semiconductor Silicon Materials Market Report 2026

The semiconductor silicon materials market size has grown strongly in recent years. It will grow from $12.37 billion in 2025 to $13.3 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to rise in semiconductor manufacturing, growth in consumer electronics, early adoption of high-purity silicon wafers, development of drams and nands, expansion of photovoltaic applications.

The semiconductor silicon materials market size is expected to see strong growth in the next few years. It will grow to $17.6 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for monocrystalline and polycrystalline silicon, adoption of larger diameter wafers, rising deployment in automotive electronics, growing usage in ic and memory devices, innovations in high-purity and doped silicon materials. Major trends in the forecast period include increasing demand for monocrystalline and polycrystalline silicon in ic manufacturing, adoption of large-diameter wafers for high-performance electronics, rising use of doped and high-purity silicon in semiconductor devices, expanding applications of silicon in drams, nands, and other memory technologies, growth of silicon deployment in energy and automotive electronics sectors.

The rising demand for consumer electronics has fueled growth in the semiconductor silicon materials market during the historic period. Consumer electronics include devices in computing, health, and imaging categories purchased by end-users globally. Increased disposable incomes have boosted demand for smartphones, smart TVs, laptops, and connected devices. Semiconductor silicon materials provide essential raw materials for producing chips for these devices. For example, in October 2024, GSMA reported that in 2023, 4.6 billion people, 57% of the global population, used mobile internet. Therefore, rising consumer electronics demand has driven the semiconductor silicon materials market.

Major companies in the semiconductor silicon materials market are developing silicon carbide (SiC) six-pack power modules to enhance power efficiency, increase switching speed, and support high-voltage applications in electric vehicles, renewable energy, and industrial electronics. SiC six-pack power modules integrate six SiC switches in a three-phase inverter to deliver high-efficiency, high-temperature, and high-voltage performance. For example, in November 2025, Wolfspeed, Inc., a US-based wide-bandgap semiconductor manufacturer, launched 1200V SiC Six-Pack Power Modules featuring Gen 4 SiC MOSFET technology. The modules offer three times more power cycling capability at operating temperatures, 15% higher inverter current, 22% lower on-resistance at 125°C, 60% reduced turn-on energy loss, 30% lower switching losses, and 50% lower voltage overshoot during reverse recovery.

In November 2024, onsemi, a US-based provider of intelligent power and sensing technologies, acquired Qorvo's Silicon Carbide JFET business for an undisclosed amount. This acquisition enables onsemi to expand its silicon carbide technology portfolio and enhance manufacturing capabilities to deliver advanced power semiconductor solutions for electric vehicle, industrial, and renewable energy applications. Qorvo's Silicon Carbide JFET business is a US-based provider of high-performance silicon carbide junction field-effect transistor technologies for power conversion and energy management systems.

Major companies operating in the semiconductor silicon materials market are Samsung SDI Company Limited, HANA Materials Company Limited, Wafer Works Corporation, GCL Technology Holdings Limited, BOC (A Linde Company), SK Global Chemical Company Limited, Air Liquide Electronics, Shin-Etsu Chemical Company Limited, GlobalWafers Company Limited, Linde Industrial Gases plc, Tokuyama Corporation, SAS (Siltronic Arizona Corporation), SUMCO Corporation, Wacker, Siltronic Aktiengesellschaft (AG), Air Products, OCI Company Limited, REC Silicon, DuPont de Nemours, CoorsTek, Mitsubishi Materials Corporation, Okmetic, Simgui, Silicon Materials Inc, National Silicon Industry Group (NSIG), Tongwei Group Company Limited, and Hanwha Group.

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 on semiconductor silicon materials have disrupted global supply chains, impacting availability and increasing costs for wafers, ingots, and powders, especially in Asia-Pacific and North American regions. These tariffs have affected electronics, energy, and automotive segments by raising production costs and slowing project timelines. On the positive side, tariffs have encouraged local sourcing, promoted investment in domestic silicon manufacturing, and incentivized innovation in cost-efficient high-purity silicon production.

The semiconductor silicon materials market research report is one of a series of new reports that provides semiconductor silicon materials market statistics, including semiconductor silicon materials industry global market size, regional shares, competitors with a semiconductor silicon materials market share, detailed semiconductor silicon materials market segments, market trends and opportunities, and any further data you may need to thrive in the semiconductor silicon materials industry. This semiconductor silicon 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.

Semiconductor silicon materials are high-purity silicon substances used as the base material in the production of electronic components such as integrated circuits, transistors, and solar cells. These materials offer precise electrical conductivity control and thermal stability. They enable accurate manipulation of electrical currents, which is essential for producing efficient and reliable electronic and photovoltaic devices.

The main product types of semiconductor silicon materials are monocrystalline silicon and polycrystalline silicon. Monocrystalline silicon is a single-crystal, highly pure form of silicon used in high-performance semiconductor devices and solar cells. Products are available as wafers, ingots, powders, and granules in diameters less than 150 millimeters, 150 to 200 millimeters, 300 millimeters, and 450 millimeters and above. Applications include integrated circuits, dynamic random-access memory, NAND and NOR memory, and other semiconductor devices. End-users include electronics, energy, automotive, and other industries.Asia-Pacific was the largest region in the semiconductor silicon materials market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the semiconductor silicon 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 semiconductor silicon materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The semiconductor silicon materials market consists of sales of epitaxial wafers, silicon-on-insulator (SOI) wafers, float-zone silicon, doped silicon materials, silicon photonics substrates, and reclaimed or recycled wafers. 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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