MARKET OVERVIEW
Semiconductor packaging serves four primary functions:
Protection: Safeguards chips from environmental damage.
Support: Physically supports the semiconductor die.
Connection: Links the chip to the circuit board via electrical pathways.
Reliability: Ensures long-term performance and functionality.
MARKET SIZE & GROWTH
• The global Semiconductor Packaging Materials Market was valued at $31,260 million in 2024.
• It is projected to reach $76,960 million by 2031.
• The market is expected to grow at a CAGR of 14.1% during the forecast period.
