The Chemical Mechanical Polishing Global Market Report 2023, provides comprehensive information on the chemical mechanical polishing market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Chemical Mechanical Polishing Global Market Report 2023, 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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Advancement in production capacity has emerged as a key trend gaining popularity in the chemical mechanical polishing market. Major market players are concentrating their efforts on increasing production capacity to strengthen their position in the market. For instance, in December 2020, Showa Denko Materials Co. Ltd., a Japan-based chemical company, announced the expansion of its production capacity for polishing materials for flattening semiconductor circuits (CMP slurry), laminate materials for printed wiring boards, and photosensitive solder resists in its subsidiary Showa Denko Semiconductor Materials (Taiwan) Co., Ltd., as well as the construction of a new factory for CMP slurries in its subsidiary Showa Denko Electronic Materials (Korea) Co., Ltd. The company will invest about $0.15 million (20 billion yen) in these initiatives. SDMKR's new facility is set to open in October 2021, while SDSMT will begin making CMP slurries in January 2022 and mass-producing prepregs and photosensitive solder resists in January 2023.
The chemical mechanical polishing market is segmented:
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
Asia-Pacific was the largest region in the chemical mechanical polishing market in 2022.
The table of contents in TBRC’s chemical mechanical polishing market report includes:
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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