Global Chemical Mechanical Planarization (CMP) Slurry Market growing at a CAGR of 6.3% from 2023 to 2030
Category : Materials And Chemicals | Published Date : Aug 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the chemical mechanical planarization (CMP) slurry market is predicted to grow at a compound annual growth rate of 6.3% from 2023 to 2030 and is expected to reach USD 728.09 million in 2030 which was valued at USD 446.38 million in 2022.
The report highlights the increasing adoption of chemical mechanical planarization (CMP) slurrys in semiconductors, which is supplementing the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the chemical mechanical planarization (CMP) slurry market.
Global Chemical Mechanical Planarization (CMP) Slurry Market By Overview
The chemical mechanical planarization (CMP) slurry market is bifurcated into grain type and application. Based on grain type, the market is segmented into alumina, zirconia, diamond, and others. In 2022, the alumina segment dominates in the overall chemical mechanical planarization (CMP) slurry market. The application segment is categorized into semiconductors, integrated circuits, optical substrates, photovoltaic panels, and others. In 2022, the semiconductors segment accounted for the highest market share in the chemical mechanical planarization (CMP) slurry market.
Get Free SampleMarket Dynamics
Driver:
- The rise in semiconductors application is supplementing the chemical mechanical planarization (CMP) slurry market growth.
- The increasing adoption of chemical mechanical planarization (CMP) slurry in integrated circuits is augmenting the growth of the market.
Restraints:
- Performance limitations associated with chemical mechanical planarization (CMP) slurry are restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Grain Type | Alumina, Zirconia, Diamond, and Others |
| By Application | Semiconductors, Integrated Circuits, Optical Substrates, Photovoltaic Panels, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Hitachi, Ltd., Fujifilm Corporation, Cabot Microelectronics Corporation, and Fujimi Corporation which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the chemical mechanical planarization (CMP) slurry market is expected to witness substantial growth in the coming years due to the increasing development of new chemical mechanical planarization (CMP) slurry plants in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- Hitachi, Ltd.
- Fujifilm Corporation
- Cabot Microelectronics Corporation
- Fujimi Corporation
- Merck KGaA
- DuPont
- Saint-Gobain Ceramics & Plastics, Inc.
- BASF SE
- Showa Denko Materials Co. Ltd
- AGC Inc.
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