After contracting 3 % in 2012 the photomask market increased 1% in 2013. The mask market is expected to grow 3 % sequentially over the next two years.
Key drivers in this market continue to be advanced technology feature sizes (less than 45 nm) and increased manufacturing in Asia-Pacific. Taiwan remains the largest photomask regional market for the fourth year in a row and is expected to be the largest market for the duration of the forecast.
Revenues of $3.1 billion place photomasks at 14% of the total wafer fabrication materials market, behind silicon and semiconductor gases. By comparison, photomasks represented 18% of the total wafer fabrication materials market in 2003.
Another trend highlighted in the report is the emerging importance of captive mask shops. Captive mask shops, aided by intense capital expenditures in 2011 and 2012 and a weakening Yen in 2013, gained market share at merchant suppliers’ expense, with captive mask suppliers accounting for 49% of the total photomask market last year, up from 42% in 2012.
Captive mask shops represented 31% of the photomask market in 2003.