Global Spin on Carbon Market Size to worth USD 2753 Billion by 2033: Market Insight Report

Global Spin on Carbon Market Size to worth USD 2753 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Spin on Carbon Market Size is Expected to Grow from USD 198 Billion in 2023 to USD 2753 Million by 2033, at a CAGR of 30.11% during the forecast period 2023-2033.    

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Spin on Carbon Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Hot-Temperature Spin on Carbon and Normal-Temperature Spin on Carbon), By Application (Logic Devices, Memory Devices, Power Devices, MEMS, Photonics, and Advanced Packaging), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.        

Spin on carbon refers to a polymer solution with a high carbon content used in the microchip fabrication process. It is the intrinsic angular momentum of its electrons, creating a magnetic moment. It is a basic characteristic that is essential to materials science and quantum physics. Different spin configurations are made possible by carbon's special electrical structure, which is crucial for applications like spintronics and MRI. The public awareness and perception of CCS (carbon capture and storage) as well as the growth in marine and automotive applications are providing lucrative market growth opportunities. The growing demand for advanced wafer packaging solutions, the popularity of miniature electronic devices, and the complexity of integrated circuits are bolstering the market growth. Further, the growing need for advanced lithography processes is promoting the global spin on the carbon market. On the contrary, the availability of substitute competitive materials is restraining the market.

The hot-temperature spin on carbon segment is anticipated to grow at the fastest CAGR during the forecast period.

Based on the material type, the global spin on carbon market is divided into a hot-temperature spin on carbon and a normal-temperature spin on carbon. Among these, the hot-temperature spin on carbon segment is anticipated to grow at the fastest CAGR during the forecast period. Hot temperature spin on carbon coatings is designed to endure the high temperatures common in semiconductor manufacturing.

The power devices segment is expected to dominate the market during the forecast period.

Based on the application, the global spin on carbon market is divided into logic devices, memory devices, power devices, MEMS, photonics, and advanced packaging. Among these, the power devices segment is expected to dominate the market during the forecast period. Power diodes, power transistors, thyristors, and other types are examples of common power device types. In the research and production of power devices, spin-on carbon materials are important because they influence many facets of their performance, design, and manufacture.

North America is projected to hold the largest share of the global spin on carbon market over the forecast period.

North America is projected to hold the largest share of the global spin on carbon market over the forecast period. The growing usage of semiconductors in the automobile sector as well as the presence of leading key market players are driving the market. Numerous semiconductor techniques, including lithography and sophisticated packaging, are adopted and developed in the US, thereby propelling the market.

Asia Pacific is predicted to grow at the fastest CAGR in the spin on carbon market over the forecast period. The growing investments by TSMC to expand capabilities in manufacturing smaller nodes are driving the market. The need for smaller, faster, and more power-efficient semiconductors leads to the adoption of advanced technologies including EUV and advanced packaging technologies are propelling the market.

Company Profiling

Major key players in the spin on carbon market include Samsung SDI Co., Ltd., Merck KGaA, Shin-Etsu Chemical Co., Ltd., YCCHEM CO., Ltd., Brewer Science, Inc., JSR Micro, Inc., KOYJ CO., Ltd., Irresistible Materials Ltd, Nano-C, DNF Co., Ltd., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In September 2023, Samsung Electronics Co., Ltd. announced a new collaboration with AMD to advance 5G virtualized RAN (vRAN) for network transformation. This collaboration represents Samsung’s ongoing commitment to enriching vRAN and Open RAN ecosystems to help operators build and modernize mobile networks with unmatched flexibility and optimized performance.

• In February 2023, Merck, a leading science and technology company, is breaking ground in Kaohsiung, Taiwan, for a new production facility in its Semiconductor Solutions business. The site, which covers an area of 150,000 m2, is to produce speciality gases and semiconductor materials for thin film and patterning solutions as of 2025.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global spin on carbon market based on the below-mentioned segments:

Global Spin on Carbon Market, By Material Type

• Hot-Temperature Spin on Carbon
• Normal-Temperature Spin on Carbon

Global Spin on Carbon Market, By Application

• Logic Devices
• Memory Devices
• Power Devices
• MEMS
• Photonics
• Advanced Packaging

Global Spin on Carbon Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa