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According to a new report from Intel Market Research, the global Semiconductor Materials market was valued at USD 78.09 billion in 2024 and is projected to reach USD 125.96 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2024–2032). This expansion is driven by surging demand from AI, 5G infrastructure, and automotive electrification sectors, along with advancements in third-generation materials like silicon carbide (SiC) and gallium nitride (GaN). What are Semiconductor Materials?

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