Global Chemical Mechanical Polishing Market to Reach USD 9,865.63 Million by 2030 | CAGR of 7.2%
Category : Materials And Chemicals | Published Date : Nov 2024 | Type : Press Release
Chemical Mechanical Polishing Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Chemical Mechanical Polishing (CMP) Market size was valued at USD 5,696.20 million in 2022 and is projected to grow at a CAGR of 7.2%, reaching USD 9,865.63 million by 2030. CMP is a critical process used to smooth surfaces with the help of chemical and mechanical forces, ensuring defect-free surfaces for applications in semiconductors, integrated circuits, MEMS & NEMS, and more. The process is environmentally friendly and essential for the production of high-performance electronic components.
The report comprises the Chemical Mechanical Polishing Market Share, Size & Industry Analysis, based on Type (CMP Equipment, CMP Consumables (Slurry, PAD, Others)), Application (Semiconductors, Integrated Circuits, MEMS & NEMS, Others), and Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2023-2030.
Based on type, the market is divided into CMP Equipment and CMP Consumables (Slurry, PAD, Others).
- The CMP consumables segment accounted for the largest market share in 2022, driven by their essential role in producing advanced semiconductor devices and integrated circuits. Consumables like slurry and pads ensure precise polishing, enhancing the durability and performance of end products.
- The CMP equipment segment is expected to grow at the fastest rate during the forecast period, supported by its advanced capabilities in removing surface irregularities, ensuring superior durability and shelf life of electronic components.
Based on application, the market is segmented into Semiconductors, Integrated Circuits, MEMS & NEMS, and Others.
- The integrated circuits segment held the largest market share in 2022, at 38.95%, owing to the widespread use of CMP in creating compact and high-performing circuits with defect-free surfaces.
- The semiconductors segment is projected to grow at the fastest CAGR during the forecast period, driven by increasing adoption of advanced semiconductor technologies requiring precise polishing.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
- Asia-Pacific: Dominated the market in 2022 with a 39.25% share, valued at USD 2,235.76 million, driven by rising investments in semiconductor plants and high demand for electronic devices.
- North America: Expected to witness significant growth at a CAGR of 7.8% during the forecast period, fueled by advancements in semiconductor manufacturing and the presence of leading technology firms.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 9,865.63 Million |
| CAGR (2024-2031) | 7.2%/td> |
| Type | CMP Equipment, CMP Consumables (Slurry, PAD, Others) |
| Application | Semiconductors, Integrated Circuits, MEMS & NEMS, Others |
| End-User | Consumer Electronics, Automotive, Healthcare, Industrial, Energy & Utility, Others |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Chemical Mechanical Polishing Industry:
- Ebara Corporation
- Applied Materials, Inc.
- Cabot Microelectronics Corporation
- Lapmaster Wolters GmbH
- DuPont Electronic Solutions
- Fujimi Incorporated
- Okamoto Corporation
- Strasbaugh Inc.
- Accretech Create Corp.
- Revasum Inc.
