CMP Slurry Market : Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

CMP Slurry Market 2028
The global CMP Slurry market size was valued at USD 1849 million in 2021 and is forecast to a readjusted size of USD 2675 million by 2028 with a CAGR of 4.33% during the forecast period 2022-2028.
The semiconductor industry is expected to see an increase in demand for CMP Slurry. This element is anticipated to drive the CMP Slurry market. Throughout the production of semiconductors, each layer of the wafer is subjected to chemical mechanical planarization numerous times in order to remove unnecessary components and create a clean surface.
Additionally, it is projected that rising consumer use of microelectronics will propel the growth of the CMP slurry market on a global scale.

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CMP Slurry Market Trends
The CMP Slurry market is anticipated to grow as slurry usage increases in the semiconductor sector. Nowadays, almost all electrical products and equipment use microchips and semiconductors, which ask for accurate processing. Mobile devices (MIDs), followed by personal computers (PCs), and a wide range of other electronic applications, such as high-performance computing and artificial intelligence, are the main drivers of semiconductor demand. CMP slurry is a crucial component used in the manufacturing of semiconductors, wafers, and microchips.
Since the global chip shortage has gotten worse over the past several years, semiconductor companies all over the world are investing a lot of money in their R&D facilities to try to keep up with the growing demand. Estimates predict that as a result of technical developments in sectors like electronics and vehicles, demand for semiconductors will rise even further. Throughout the forecast period, this aspect is anticipated to propel the CMP slurry market.
The shifting chip demand is driving the CMP slurry market to adopt and develop new product solutions. Big data, cloud computing, and artificial intelligence (AI) advancements are not only expanding chip makers' commercial opportunities but also offering them the ability to improve. In light of this, it is anticipated that throughout the course of the projected time, the global CMP slurry market would gain in popularity.
A range of electrical manufacturing processes, such as the creation of silicon wafers, disk-drive components, optical substrates, and barrier metal films, have increased the usage of CMP slurries as a result of the recent drop in their price. Abrasion-free, high-polished components are increasingly required due to developments in semiconductor processing and production. CMP slurry makers want to take advantage of the possibilities that these industrial requirements bring by developing more efficient CMP slurry formulations.
CMP Slurry Market Share Analysis
Based on region, The US, Europe, Japan, China, Taiwan, South Korea, and mainland China are the major manufacturers of CMP slurry. In 2021, the US will produce the most CMP Slurry, with a market value of $698 million, followed by Japan with a market value of $384 million.
Japan's market share is expected to reach 34.9% in 2028, with a CAGR of 3.53% over the course of the analysis period. In 2021, Japan's share was 37%, while its percentage was 20.7%.
Based on application, Between 2022 and 2028, the SiC Wafer category, which now only has a small market share, is expected to increase at a CAGR of 15.73% to reach revenues of US$ 90 million.
Between 2022 and 2028, the SiC Wafer category, which now only has a small market share, is expected to increase at a CAGR of 15.73% to reach revenues of US$ 90 million. During the projection period, the CAGR for the Silicon (Si) Wafer market was modified to 3.79%. Advanced complementary metal oxide semiconductor (CMOS) integrated circuit products, MEMS devices, and semiconductor chips are all made using silicon wafers more and more frequently.
Based on type, Colloidal Silica Slurry is expected to hold 56% of the market share in 2021, and is expected to be worth USD 1537 million, increasing at a revised 4.44% CAGR from 2022 to 2028.
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Segment by Type
• Alumina Slurry
• Colloidal Silica Slurry
• Ceria Slurries
Segment by Application
• Silicon (Si) Wafer
• SiC Wafer
• Optical Substrates
• Disk-drive Components
• Others
BY COMPANY
• CMC Materials
• Showa Denko
• FUJIMI INCORPORATED
• DuPont
• Merck (Versum Materials)
• Fujifilm
• AGC
• KC Tech
• JSR Corporation
• Anjimirco Shanghai
• Soulbrain
• Saint-Gobain
• Entegris (Sinmat)
• Ace Nanochem
• Dongjin Semichem
• Ferro (UWiZ Technology)
• WEC Group
• SKC
• Shanghai Xinanna Electronic Technology
• Hubei Dinglong

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