Global CMP Slurry Market Size To Worth USD 3.35 Billion By 2033 | CAGR of 6.47%
Category: Chemicals & MaterialsGlobal CMP Slurry Market Size To Worth USD 3.35 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global CMP Slurry Market Size is Expected to Grow from USD 1.79 Billion in 2023 to USD 3.35 Billion by 2033, at a CAGR of 6.47% during the forecast period 2023-2033. 
Get more details on this report -
Browse key industry insights spread across 220 pages with 114 Market data tables and figures & charts from the report on the " Global CMP Slurry Market Size, Share, and COVID-19 Impact Analysis, By Type (Aluminum Oxide, Ceramic, Cerium Oxide, Silica, and Others), By Application (Silicon Wafers, Optical Substrates, Disk-Drive Components, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033. https://www.sphericalinsights.com/reports/cmp-slurry-market
The industry devoted to producing and supplying slurries used in the CMP process a crucial step in the production of semiconductor wafers is known as the CMP slurry market. To guarantee that the wafers' surface is polished and levelled, abrasives, chemicals, and other additives are mixed in a specific way in CMP slurry. In the manufacturing of integrated circuits, the CMP process is used to flatten and smooth semiconductor wafers. The demand for better semiconductor performance as well as technological developments in semiconductor and fabrication processes are expected to drive the growth of the CMP slurry market. The industry is expected to increase significantly over the next few years due to advancements targeted at increasing polishing precision and reducing defects, as well as a greater focus on sustainability. The size of the CMP slurry market is being driven by the rising demand for smart devices brought on by the growth of the consumer electronics sector. The demand for semiconductors is rising as a result of the increasing popularity of consumer electronics like smartphones and tablets. However, the highly corrosive CMP slurry liquid must come into contact with high-purity fluoropolymers and other suitable materials. This product attribute can restrict the market's ability to grow for CMP slurry.
The aluminum oxide segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the type, the CMP slurry market is classified into aluminum oxide, ceramic, cerium oxide, silica, and others. Among these, the aluminum oxide segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The main advantage of aluminum oxide is its remarkable material properties, which make it the perfect abrasive for applications involving semiconductor polishing.
The silicon wafers segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the CMP slurry market is divided into silicon wafers, optical substrates, disk-drive components, and others. Among these, the silicon wafers segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Silicon wafers are a prominent application in the CMP slurry market due to their versatility, extensive use in electrical devices, and crucial roles in wafer processing.
Asia Pacific is estimated to hold the largest share of the CMP slurry market over the forecast period.
Get more details on this report -
Asia Pacific is estimated to hold the largest share of the CMP slurry market over the forecast period. In addition, the size of the regional market can be influenced by the growing demand for consumer electronics in nations like China. Furthermore, nations like China, South Korea, Japan, and Singapore are significant manufacturers of semiconductor chips and have made significant contributions to the expansion of the regional market.
North America is predicted to have the highest CAGR growth in the CMP slurry market over the forecast period. The growing demand for the product in the region's silicon wafer manufacturing and optical substrates are among the reasons that are anticipated to have a profitable impact on the growth of the regional sector.
Major key players in the CMP slurry market include Fujifilm Corp, 3M Company, BASF SE, Soulbrain Co., Ltd., Cabot Corporation, Showa Denko Materials Co. Ltd, Evonik Industries AG, Fujifilm, Dow Chemicals, Fujimi Corporation, KCTech, Samsung SDI, Applied Materials, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In December 2024, at its manufacturing facility in Kikuyo Town, Kumamoto Prefecture, Japan, Fujifilm Corp. announced that it plans to boost the capacity of its production of CMP slurries, which are advanced semiconductor materials. This growth is intended to meet Asia's growing need for semiconductor materials, especially as the demand for AI semiconductors rises.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the CMP slurry market based on the below-mentioned segments:
Global CMP Slurry Market, By Type
- Aluminum Oxide
- Ceramic
- Cerium Oxide
- Silica
- Others
Global CMP Slurry Market, By Application
- Silicon Wafers
- Optical Substrates
- Disk-drive Components
- Others
Global CMP Slurry Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?