Semiconductor silicon materials market seen topping $11 billion by 2030

By AI, Created 10:34 AM UTC, May 20, 2026, /AGP/ – The Business Research Company says the global semiconductor silicon materials market is on track to exceed $11 billion in 2030, led by Asia Pacific and China. The forecast points to rising demand from AI, high-performance computing, electric vehicles and larger wafer technologies as chipmakers expand capacity and chase higher performance.

Why it matters: - The semiconductor silicon materials market is tied to chip supply, manufacturing capacity and the move to advanced devices. - The market is forecast to surpass $11 billion in 2030, making it a meaningful slice of the broader electrical and electronics industry. - Demand for silicon materials affects wafers, power devices, memory and advanced logic used in consumer electronics, data centers and vehicles.

What happened: - The Business Research Company released a report on the semiconductor silicon materials market on May 1, 2026. - The report says the global market will grow at an 8% CAGR leading up to 2030. - The report places Asia Pacific as the largest regional market in 2030 at $5 billion. - The report identifies China as the largest country market in 2030 at $3 billion. - The report names monocrystalline silicon as the largest product type in 2030, with 73% of the market or about $8 billion. - The report includes a free sample request and the full market report.

The details: - Asia Pacific is projected to rise from $4 billion in 2025 to $5 billion in 2030, at a 9% CAGR. - China is projected to rise from $2 billion in 2025 to $3 billion in 2030, at a 7% CAGR. - Asia Pacific growth is linked to major semiconductor hubs in China, Taiwan, South Korea and Japan. - Regional demand is also being driven by advanced chips for consumer electronics and data centers, electric vehicles, power semiconductors, wafer-fabrication expansion and government support for domestic supply chains. - Monocrystalline silicon is expected to lead because of high-performance and energy-efficient semiconductor devices, better electron mobility and rising use in advanced nodes and power electronics. - Monocrystalline silicon demand is also being lifted by AI and high-performance computing applications. - The market is segmented by product form into wafers, ingots, powders and granules. - The market is segmented by diameter size into less than 150 millimeters, 150 millimeters to 200 millimeters, 300 millimeters, and 450 millimeters and above. - The market is segmented by application into integrated circuit, DRAM, NAND and other applications. - The market is segmented by end user into electronics, energy, automotive and other end users.

Between the lines: - The report points to a semiconductor industry that is pushing harder on purity, wafer size and manufacturing efficiency. - AI, high-performance computing and 5G are increasing demand for high-quality silicon wafers. - Electric vehicles, ADAS and in-vehicle connectivity are adding pressure on power semiconductors and sensors. - Investment in 300 mm and next-generation wafer technology reflects a cost-and-yield strategy, not just volume growth. - The report says the biggest growth opportunities sit in monocrystalline and polycrystalline silicon, which together should add more than $4 billion by 2030. - The report estimates monocrystalline silicon will grow by $3 billion from 2025 to 2030, while polycrystalline silicon will grow by $1 billion.

What’s next: - Chipmakers are likely to keep expanding wafer fabrication capacity and larger-wafer production. - Semiconductor materials suppliers will need to support higher purity standards and advanced wafer formats. - The report expects advanced technologies, automotive electronics and larger-wafer investment to remain the main growth drivers through 2030.

The bottom line: - Semiconductor silicon materials are set to grow steadily as chip demand broadens across AI, EVs and advanced manufacturing, with Asia Pacific and China leading the market.