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The Chemical Mechanical Planarization (CMP) Slurry Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Chemical Mechanical Planarization (CMP) Slurry Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Chemical Mechanical Planarization (CMP) Slurry Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Chemical Mechanical Planarization (CMP) Slurry Market in the coming years.
The Chemical Mechanical Planarization (CMP) Slurry market is projected to grow from USD 2.50 Billion in 2023 to USD 4.28 Billion by 2030; it is expected to grow at a CAGR of 8% from 2024 to 2030.
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Some of the key players profiled in the study are : Cabot Microelectronics Corporation, Dow Electronic Materials (DowDuPont), Fujimi Incorporated, Saint-Gobain Abrasives, Applied Materials, Inc., Hitachi Chemical Co., Ltd., Merck KGaA, Ecolab Inc., Entegris, Inc., Air Products and Chemicals, Inc., BASF SE, Micron Technology, Inc., 3M, Ferro Corporation, NexPlanar Corporation, FUJIFILM Planar Solutions, IDEX Corporation, Ace Nanochem Co., Ltd., SUNICHEM Corporation, WEC Group and other Prominent players.
Recent Developments:
September 18, 2023: Ecolab, a global sustainability leader offering water solutions and services, today announced findings from the inaugural Ecolab Watermark™ Study. The global consumer research examined the state of water stewardship through water’s importance, usage, connection to climate and responsibility among key consumer populations around the world. By 2030, the planet is set to face a 56% water deficit, according to the World Resources Institute, and 1.6 billion people will lack safely managed drinking water, according to the United Nations. It’s amid this pressing water crisis that Ecolab developed the Ecolab Watermark Study to identify trends, help educate and generate action across industry stakeholders, specifically those in Asia/Pacific, China, Europe, India/Middle East/Africa (IMEA), Latin America and the United States.
December 08, 2023: launched two caustic soda products – Caustic DEC and TRACELIGHT™ DEC, part of Dow’s Decarbia™ portfolio of reduced-carbon solutions, with up to 90% lower carbon dioxide*. Powered by renewable energy, this electrolysis production process helps lower our customers` Scope 3 emissions, thereby supporting their sustainability goals while maintaining the same product quality. The electrolysis process is also certified by the International Sustainability and Carbon Certification (ISCC) PLUS auditing program using a mass balance approach.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Chemical Mechanical Planarization (CMP) Slurry Market. The major and emerging players of the Chemical Mechanical Planarization (CMP) Slurry Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Chemical Mechanical Planarization (CMP) Slurry market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Chemical Mechanical Planarization (CMP) Slurry market
Chemical Mechanical Planarization (CMP) Slurry Market by Product Type, 2020-2030, (USD Billion) (Kilotons)
Aluminum oxide
Ceramic
Cerium oxide
Silica
Others
Chemical Mechanical Planarization (CMP) Slurry Market by Application, 2020-2030, (USD Billion) (Kilotons)
Silicon Wafers
Optical Substrates
Disk-drive Components
Other Microelectronic Surfaces
Chemical Mechanical Planarization (CMP) Slurry Market Regional Analysis/Insights
North America accounted for the largest market in the Chemical Mechanical Planarization (CMP) Slurry market. North America accounted for 38% of the worldwide market value. The global market for Chemical Mechanical Planarization (CMP) slurry is dominated by North America, which holds a prominent position in the semiconductor industry. Technology breakthroughs, a strong concentration of semiconductor manufacturing facilities, and a strong demand for cutting-edge electronics define the region. Due to ongoing innovation and the widespread use of CMP technology in semiconductor fabrication processes, North America is anticipated to experience consistent growth in the CMP slurry market. For instance, the CMP slurry market in North America is significantly influenced by the semiconductor industry in the United States. The need for high-performance CMP slurries is fueled in part by significant semiconductor suppliers and manufacturers as well as by their R&D efforts.
The demand for advanced CMP slurries in North America has been driven by the growing need for smaller and more powerful semiconductor devices. These slurries are essential to obtaining the precise and desired surface planarity needed for integrated circuit manufacturing. The market for CMP slurry is anticipated to grow as the semiconductor industry develops and adopts newer technologies in order to meet the ever-tougher demands for performance improvement and device miniaturization. The market dynamics of CMP slurries in North America are impacted by various factors, including investments made in research and development, partnerships between semiconductor companies and material suppliers, and the general state of the economy. Furthermore, sustainability and environmental factors are gaining traction in the semiconductor manufacturing process, which may have an effect on the selection and advancement of CMP slurries.
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What is new in 2024?
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- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
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- Updated market developments of the profiled players.
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