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Precursor for Semiconductor Market Size to Grow USD 5452.6 Million by 2030 at a CAGR of 10.9% | Valuates Reports

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BANGALORE, India, Sept. 20, 2024 /PRNewswire/ — Precursor for Semiconductor Market is Segmented by Type (Silicon Precursor, Metal Precursor, High-k Precursor, Low-k Precursor), by Application (PVD/CVD/ALD, Epitaxial Growth and Etching, etc.): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Precursor for Semiconductor market was valued at USD 2373 million in 2023 and is anticipated to reach USD 5452.6 million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Precursor for Semiconductor Market:

The growing need for high-performance semiconductors for sophisticated electronics like smartphones, tablets, and Internet of Things (IoT) gadgets is fueling the precursor semiconductor industry. The need for high-quality precursors necessary for semiconductor production processes is being further enhanced by the development of technologies such as 5G, artificial intelligence, and driverless cars. Asia-Pacific is seeing especially robust regional growth as a result of significant infrastructure investments made by nations like China, Taiwan, and South Korea in the semiconductor manufacturing sector. The market is also impacted by the growing need for miniaturization and the advancement of semiconductor devices that use less energy.

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TRENDS INFLUENCING THE GROWTH OF THE PRECURSOR FOR SEMICONDUCTOR MARKET

Because they are essential to the creation of silicon-based semiconductor devices, the foundation of the electronics industry, silicon precursors play a major role in driving the precursor for semiconductor market. In procedures like chemical vapor deposition (CVD) and atomic layer deposition (ALD), silicon precursors like silane and dichlorosilane play a crucial role in producing thin, homogeneous films that are necessary for the production of semiconductors. The need for high-purity silicon precursors is growing as the demand for sophisticated electronics, including as computers, smartphones, and Internet of Things (IoT) devices, keeps rising. This is fueling the expansion of the precursor market. The need for these necessary elements is further increased by the ongoing advancements in semiconductor technology.

Due to their necessity for the creation of metal and metal oxide layers in semiconductor devices, metal precursors are fueling the expansion of the precursor for semiconductor market. In integrated circuits (ICs), these layers are essential for creating interconnects, gates, and other crucial parts. In techniques like chemical vapor deposition (ALD), physical vapor deposition (PVD), and CVD, metal precursors like copper, tungsten, and titanium are utilized to produce precise coatings with a desired thickness and composition. The need for dependable and effective metal precursors is rising due to the growing complexity of semiconductor devices, particularly with the shift to smaller nodes and sophisticated packaging, which is propelling market expansion.

The market for precursor semiconductors is expanding due in large part to the growing demand for sophisticated semiconductor devices. Precursors with high purity are becoming more and more necessary to produce advanced semiconductor components as the electronics industry continues to push performance and miniaturization limits. Artificial intelligence, driverless cars, 5G networking, and other cutting-edge applications depend on these gadgets. Semiconductor makers are being forced to spend in cutting-edge precursors that support the development of next-generation chips, which is driving market growth, by the increasing customer demand for faster, more efficient, and smarter electronic gadgets.

The market for semiconductor precursors is mostly driven by the continuous need for electronic devices to be smaller and perform better. Semiconductor makers are under pressure to provide parts that match customer expectations for quicker, more efficient, and smaller devices. This necessitates the employment of sophisticated predecessors that enable the manufacturing of increasingly compact chip designs and smaller transistors without sacrificing performance. Demand for high-purity, specialized precursors that can support the most recent developments in semiconductor production is rising as a result of the drive towards more potent and smaller devices, which is propelling market expansion.

Stability and integration of the supply chain are two important elements propelling the Precursor for Semiconductor Market forward. The supply chain used by the semiconductor industry to provide the materials required for the manufacturing of devices is intricate and highly specialized. To fulfill the high demands of the electronics industry and preserve production continuity, it is imperative to provide a steady and dependable supply of precursors. Since material shortages and supply chain disruptions have brought attention to the value of having a strong supply network, businesses are putting more and more emphasis on finding trustworthy suppliers of precursors. The prioritization of supply chain stability is propelling investments in the manufacture of precursors and promoting market expansion.

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PRECURSOR FOR SEMICONDUCTOR MARKET SHARE ANALYSIS

Due to its strong semiconductor manufacturing sector, the Asia-Pacific region has the greatest share of the market for precursors for semiconductors. Major contributors include China, Taiwan, South Korea, and Japan, which have made large investments in semiconductor production facilities, or fabs, and have a high concentration of important supply chain participants.

Another important region is North America, especially the United States, where there is a growing need for semiconductor precursors as a result of the development of more sophisticated devices and the revival of homegrown semiconductor manufacturing. Investing in semiconductor R&D, especially in Germany and the Netherlands, where there is an emphasis on cutting-edge materials and methods, is fueling Europe’s steady growth as well.

Key Players:

SK MaterialsUP ChemicalEntegrisSoulbrainAdekaTanaka KikinzokuEpiValenceBotai Electronic MaterialAnhui AdchemNatachemNanmatAir LiquideMerck GroupHansol ChemicalDuPontDNF SolutionsGelest IncStrem ChemicalsFujifilm CorporationJapan Advanced ChemicalsWonik Materials

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  The global Precursor Materials market was valued at USD 10970 million in 2023 and is anticipated to reach USD 35390 million by 2030, witnessing a CAGR of 14.8% during the forecast period 2024-2030.

–  New Silicon Precursor Market

–  NCM622 Precursor Market

–  The global Hard Carbon Anode Precursor market was valued at USD 4700 million in 2023 and is anticipated to reach USD 7935.3 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.

–  The global CVD & ALD Precursor market was valued at USD 1391.4 million in 2023 and is anticipated to reach USD 1779.2 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.

–  The global Silicon Oxide Precursor market was valued at USD 12 million in 2023 and is anticipated to reach USD 2705.8 million by 2030, witnessing a CAGR of 60.6% during the forecast period 2024-2030.

–  PAN-based Carbon Fiber Precursor Market

–  Bleach Precursor Market

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MINTO APARTMENT REIT ANNOUNCES NOVEMBER 2024 CASH DISTRIBUTION

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̶  Amount represents a 3% increase from previous level  ̶

OTTAWA, ON, Nov. 15, 2024 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of November 2024. Payment will be made on December 16, 2024 to unitholders of record as at November 30, 2024.

As previously announced, the amount of the November distribution represents a 3% increase from the prior level, resulting in an increase in the annualized amount of the REIT’s distribution from $0.505 per unit to $0.52 per unit.

About Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary. For more information on Minto Apartment REIT, please visit the REIT’s website at: https://www.mintoapartmentreit.com.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. These statements are based on the REIT’s expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions, including without limitation that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed and referenced under the heading “Risks and Uncertainties” in the REIT’s Q3 2024 management’s discussion and analysis dated November 12, 2024, which is available at www.sedarplus.ca. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Minto Apartment Real Estate Investment Trust

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Equinox, Inc. Provides Notification of Cybersecurity Incident

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ALBANY, N.Y., Nov. 15, 2024 /PRNewswire/ — Equinox, Inc. (“Equinox”), a nonprofit provider of various counseling and health services, has learned of a cybersecurity incident that involved the personal and / or protected health information belonging to certain current and former clients, and to a number of staff. On November 15, 2024, Equinox formally notified potentially affected individuals with available address information and provided resources to assist them.

On April 29, 2024, Equinox discovered unusual activity within its digital environment. Upon discovering this activity, Equinox immediately took steps to secure its systems and enlisted independent cybersecurity forensic experts to conduct an investigation. During this time, Equinox was vigilant and able to safely minimize any disruptions to its daily operations and service delivery.

As a result of an independent forensic investigation into the incident, Equinox learned that an unauthorized actor accessed and potentially acquired certain files stored within its internal systems. Following a comprehensive review of the potentially affected data, on September 16, 2024, Equinox determined that certain employee and client information may have been subject to the unauthorized access. This information varies between individuals, but may have included names, addresses, dates of birth, Social Security numbers, passport numbers, financial account information, driver’s license and/or state identification number, medical treatment or diagnosis information, health insurance information, and/or medication-related information.

Equinox has no evidence that any of the information potentially impacted in connection with this incident has been misused. Nonetheless, Equinox has implemented additional security features to help prevent similar incidents from occurring in the future. Equinox has also reported this matter to the NYS Attorney General, NYS Division of State Police, NYS Department of State’s Division of Consumer Protection, and the Federal Office of Civil Rights.

Notification letters were mailed to impacted individuals on November 15, 2024. The letters include information about this incident and about steps that potentially impacted individuals can take to monitor and help protect their personal and protected health information. Equinox has established a toll-free call center to answer questions about the incident and to address related concerns. The call center can be reached at (866) 531-3185, Monday through Friday from 9:00 AM to 9:00 PM Eastern time.

The privacy and protection of its clients and staff and their private information is a top priority of Equinox. Equinox deeply regrets any inconvenience or concern this incident may cause.

Equinox, Inc. is a human services agency with deep roots in the Capital Region dating back to 1947. Equinox provides compassionate services and life-enhancing opportunities to youth and adults—and their families—who are impacted by domestic violence, substance use and addictions, mental health disorders, homelessness, and the challenges of living amid poverty and violence.

View original content:https://www.prnewswire.com/news-releases/equinox-inc-provides-notification-of-cybersecurity-incident-302307303.html

SOURCE Equinox, Inc.

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Greenberg Traurig Helps United Way Worldwide Launch Star-Studded Hurricane Relief Benefit

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Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

WASHINGTON, Nov. 15, 2024 /PRNewswire-PRWeb/ — Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

The one-hour special, a collaborative effort with Paramount Global that aired on CBS Television and CMT Nov. 2., brought together leading artists from across genres to mobilize communities and raise critically needed funds for relief and recovery efforts to support communities across the Southeast United States that were devastated by Hurricanes Helene and Milton.

The televised fundraising event featured performances by acclaimed artists including Brittney Spencer, Chris Janson, Clay Aiken, Jonathan McReynolds, and Tyler Hubbard. The special also included appearances by numerous entertainment industry luminaries such as the Backstreet Boys, Blake Shelton, Kelsea Ballerini, Stephen Colbert, and the Zac Brown Band, alongside community heroes Mark Starling and Tank Spencer.

The Greenberg Traurig team was led by Labor & Employment Shareholder Johnine P. Barnes in Washington, D.C., and Entertainment, Media & Sports Shareholder Paul Sarker in New York.

Learn more about the benefit event on United Way’s website.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.

Media Contact

Jacob Fischler, Greenberg Traurig, LLP, +1 202.533.2373, fischlerj@gtlaw.com, https://www.gtlaw.com/en

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View original content:https://www.prweb.com/releases/greenberg-traurig-helps-united-way-worldwide-launch-star-studded-hurricane-relief-benefit-302307415.html

SOURCE Greenberg Traurig, LLP; Greenberg Traurig, LLP

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