Chemical Mechanical Planarization Market is Poised to Grow at a Healthy CAGR of 5.3% from 2022 to 2032 | FMI

The global chemical mechanical planarization market was worth US$ 5.4 Billion in the year 2022 and is expected to reach US$ 9.1 Billion by the year 2032 at a CAGR of 5.3% between 2022 and 2032.

Chemical mechanical planarization could be referred to as a high-precision fabrication process that is used in semiconductor vertical. These days, it's an indispensable technique to fabricate ICs and numerous other electronic components.

The process of smoothening or planarizing surfaces in conjunction with chemical and mechanical forces is called 'chemical mechanical planarization/polishing'. In other words, it's a hybrid version of chemical etching and abrasive etching.

Chemical mechanical planarization is used on extensive counts to remove surface irregularities in the memory discs, silicon wafers, and the other electronic products. It's amongst the crucial steps to achieve die scale planarity with nano-level wafer.

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At the same time, the fact that chemical mechanical planarization equipment is costly can't be ignored. This factor could restrain the chemical mechanical planarization market can't be ignored. Also, multiple parameters like pad conditioning, slurry composition, temperature, and pressure are to be carefully controlled, that too, simultaneously. Any deviation on this count could be detrimental in the near future.

Slurry utilized in CMP does contain several chemicals inclusive of oxidizers, abrasive particles, and surfactants. They could harm the environment if mishandled. These days, CMP is combined with nanotechnology and 3D IC, which, in turn, calls for new processing methods; which are tough to create as well as implement. These are the other lot of restraining factors over here. Additionally, alternative techniques such as plasma polishing and dry etching are gaining popularity.

Future Market Insights has entailed these findings in its latest market study entitled 'Chemical Mechanical Planarization Market'. It has its line of expertise in the form of analysts and consultants to execute using a bottom-up approach in its primary, secondary, and tertiary modes of research.

"CMP pads and CMP slurries generate maximum revenue", says an analyst from Future Market Insights.

Key Takeaways from Chemical Mechanical Planarization Market

North America holds the largest market share with the US witnessing an ever-increasing adoption of advanced fabrication techniques in the semiconductor vertical. Increasing penetration of smartphones is the cornerstone. Applied Materials Inc., in July 2022, completed acquisition of Picosun to address the need for innovation in the semiconductors for automotive, communications, IoT, sensor, and power sectors.
Europe holds the second-largest market share with the UK witnessing an upsurge in demand for advanced semiconductors as well as electronic devices.
The Asia-Pacific is expected to grow at a rapid pace in the chemical mechanical planarization market with China witnessing massive creation of high-performance and high-quality devices.

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Competitive Analysis

Ultra SFP ap tool, in March 2020, got launched by ACM Research Inc. The major objective is that of addressing yield issues linked with fan-out wafer-level packaging (FOWLP) and also TSV (through-silicon via).
Applied Materials Inc., in December 2022, came up with 'cold field emission' technology for accelerating development of advanced computer chips. This technology does enhance nanoscale picture resolution by close to 50% and also imaging speed by 10X, that too, while operating at the ambient temperature. The manufacturers could create as well as market 3D Gate-All-Around logic transistors with next-gen NAND and DRAM memory devices through CFE eBeam technology.
Entegris, in July 2022, did acquire CMC Materials to provide enhanced operational capabilities for applications in fab environment all through semiconductor ecosystem.
Fujifilm Corporation, in September 2022, did announce investment worth US$ 13.8 Million in Kumamoto for building a production facility that could produce cutting-edge semiconductor materials.
Merck, in February 2022, did announce completing semiconductor CMP slurry production facility at plant based out of Pyeongtaek. The CMP slurry comes across as a necessary material used for planarization of the semiconductor wafers. This facility could be used for polishing wafers for semiconductor-based companies like SK Hynix and Samsung Electronics.
What does the Report state?

The research study is based on type (CMP consumable and CMP equipment), technology (leading edge, more than Moore's, and emerging), and application (integrated circuits, MEMS and NEMS, compound semiconductors, and optics).
With semiconductor vertical booming worldwide, the global chemical mechanical planarization market is bound to witness grandeur in the forecast period.

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Chemical Mechanical Planarization Market Segmentation

By Type:

CMP Consumable
CMP Equipment
By Technology:

Leading Edge
More than Moore's
Emerging
By Application:

Integrated Circuits
MEMS and NEMS
Compound Semiconductors
Optics
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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This release was published on openPR.