SEMI announced that in 2017 the global semiconductor materials market grew 9.6 percent while worldwide semiconductor revenues increased 21.6 percent from the prior year. According to the SEMI Materials Market Data Subscription, total wafer fabrication materials and packaging materials totaled $27.8 billion and $19.1 billion, respectively, in 2017. In 2016, the wafer fabrication materials and packaging materials markets logged revenues of $24.7 billion and $18.2 billion, respectively, for 12.7 percent and 5.4 percent year-over-year increases. For the eighth consecutive year, Taiwan, at $10.3 billion, was the largest consumer of semiconductor materials due to its large foundry and advanced packaging base. China solidified its hold on the second spot, followed by South Korea and Japan.
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