Digital technologies are transforming how we work and how we consume, generating disruptive new business models. Increased connectivity and mobility are key drivers: by 2030, 60% of the world’s population will access the internet only through mobile broadband, at over 1 GB/s. Miniaturization and optimization of the performance to size and weight ratio will be a strong focus for research and industry, opening the way to new material properties and enhancing energy and capacity outputs. Nanotechnologies will reshape many industries.
CAGR growth in display capacitiy through 20231
CAGR growth in semiconductors through 20222
CAGR growth in IoT sensors through 20233
Challenges for customers
As technology and 5G networks continue their rapid expansion, the need for semiconductor minimization, faster connectivity speeds, higher frequencies and low-loss signals will rely on new materials and chemicals, as well as coatings for sensing & monitoring systems.
Opportunities for Solvay
- Our high-performance polymers are used in new-generation OLED & flexible displays
- We offer solutions for semiconductor industry consumables based on high-purity chemicals used in high-temperature and chemical-resistant materials.
A Solvay solution
An example of high-performance polymer used in new generation OLED & flexible displays, Fomblin® PFPE is a family of fluorinated lubricants ideally suited for aggressive chemical environments requiring reliable operations over a broad range of operating temperatures. They are often used for specific applications in the chemical, electronic, military, nuclear, data processing, and other industries requiring high-performance lubrication.
Sources: 1: Solvay internal research, 2: PwC publication, 2019, 3: BCC Sensors Technologies and Markets – July 2018