The Electronic Specialty Gas (ESG) market is forecast to grow around 12% this year, according to Andy Tuan, Managing Director of Linx Consulting.
The rebound would follow a 14% correction in 2023.
Speaking at the gasworld webinar on Speciality Gases: Innovations and Applications, he said, “If we look at the next five years, we expect to see average annual growth rate of 8%, and the semiconductor sector will account for the majority of the total electronic specialty gas market.”
He said advancements in device manufacturing technology will continue to drive healthy growth of the semiconductor materials market, including ESG.
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