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Chemical Mechanical Polishing Market 2023 - Market Size, Top Trends, Growth Rate, Key Drivers And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Chemical Mechanical Polishing Market Size, Growth Rate, And Forecast
The global chemical mechanical polishing market size is expected to grow from $5.14 billion in 2022 to $5.58 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global chemical mechanical polishing market size is expected to reach $7.44 billion in 2027 at a CAGR of 7.4%.
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Chemical Mechanical Polishing Market Drivers
The expansion in consumer electronics industry is expected to propel the growth of the chemical mechanical polishing market going forward. Consumer electronics are electronic devices such as smartphones, tablets, laptops, TVs, gaming consoles, and wearable devices bought for personal rather than commercial use. The expansion in the consumer electronics industry is mostly driven by population growth, rising incomes, urbanization, and increasing demand for connectivity and mobility. CMP plays a crucial role in meeting the growing demand for consumer electronics by producing advanced electronic components with high precision and accuracy.
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Chemical Mechanical Polishing Market Segments
1) By Type: CMP Equipment, CMP Consumable, Slurry, PAD, PAD Conditioner, Other Consumable Types
2) By Equipment: Polishing and Grinding, Slurry Testing
3) By Technology: Leading Edge, More than Moore's, Emerging
4) By Application: Compound Semiconductors, Integrated Circuits, MEMS (microelectromechanical systems) and NEMS (nanoelectromechanical systems), Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the chemical mechanical polishing market.
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Chemical Mechanical Polishing Market Key Players
Major competitors in the chemical mechanical polishing market include Ebara Corporation, Applied Materials Inc., Cabot Microelectronics Corporation, Lapmaster Wolters GmbH, Fujimi Incorporated.
The Business Research Company's "Global Chemical Mechanical Polishing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Chemical Mechanical Polishing Market Include:
1. Executive Summary
2. Chemical Mechanical Polishing Market Characteristics
3. Chemical Mechanical Polishing Market Trends And Strategies
4. Chemical Mechanical Polishing Market - Macro Economic Scenario
5. Chemical Mechanical Polishing Market Size And Growth
......
26. Africa Chemical Mechanical Polishing Market
27. Chemical Mechanical Polishing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chemical Mechanical Polishing Market
29. Chemical Mechanical Polishing Market Future Outlook and Potential Analysis
30. Appendix
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