According to the SEMI Material Market Data Subscription, total wafer fabrication materials and packaging materials were $24.7 billion and $19.6 billion, respectively.

Comparable revenues for these segments in 2015 were $24.0 billion for wafer fabrication materials and $19.3 billion for packaging materials. The wafer fabrication materials segment increased 3.1 percent year-over-year, while the packaging materials segment increased 1.4 percent.

For the seventh consecutive year, Taiwan was the largest consumer of semiconductor materials due to its large foundry and advanced packaging base, totaling $9.8 billion. Korea and Japan maintained the second and third places, respectively, while China rose in the rankings to claim the fourth spot during the same time.

Annual revenue growth was the strongest in the China, Taiwan, and Japan markets. The materials market in Europe, Rest of World (ROW) and South Korea experienced nominal growth, while the materials market in North America contracted. (The ROW region is defined as Singapore, Malaysia, Philippines, other areas of Southeast Asia and smaller global markets.)