Semiconductor & IC packaging materials market projected to reach $70.9bn by 2029, growing at 10.1% CAGR.

The semiconductor & IC packaging materials market is set to reach $70.9bn by 2029, growing at a CAGR of 10.1%, according to a report by MarketsandMarkets™. Drivers for the market include tech advancements in semiconductor devices, increasing demand for consumer electronics and IoT devices, the need for compact and lightweight packaging materials, and miniaturization trends in electronics.