According to a market report by Lucintel, the future of chemical mechanical planarization (CMP) slurry in the global electronic chemical market looks promising with opportunities in the silicon wafer, optical substrate, and disk-drive component applications. The global electronic chemical market in terms of chemical mechanical planarization (CMP) slurry usage is expected to reach an estimated $2.2 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing need for CMP in the production of semiconductor chips and wafers, augmenting demand for various advanced electronic gadgets, and growing penetration of integrated circuits (ICs) in automotive, IoT, and 5G.
In this market, aluminum oxide, cerium oxide, and silica are major segments of chemical mechanical planarization (CMP) slurry in the global electronic chemical by product. Lucintel forecasts that aluminum oxide is expected to witness highest growth over the forecast period due to its increasing application in integrated circuits is because of its excellent electrical conductivity and efficiency.
Within this market, silicon wafer is expected to remain the largest segment due to widespread use of CMP to eliminate surface imperfections from silicon wafers.
North America is expected to witness highest growth during the forecast period due to increasing CMP demand in microelectronic manufacturing industries and growing manufacturing of electronic devices and chips for numerous end use industries, such as IT, telecom, and automotive.
Cabot, Hitachi, Samsung Electronics, Fujifilm Holdings, and The Dow Chemical are the major suppliers of chemical mechanical planarization (CMP) slurry in the global electronic chemical market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for chemical mechanical planarization (CMP) slurry in the global electronic chemical market by product, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities for Chemical Mechanical Planarization (CMP) Slurry in the Global Electronic Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for chemical mechanical planarization (CMP) slurry in the global electronic chemical market by product, application, and region, as follows:
Chemical Mechanical Planarization (CMP) Slurry in the Electronic Chemical Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
Aluminum Oxide
Cerium Oxide
Silica
Others
Chemical Mechanical Planarization (CMP) Slurry in the Electronic Chemical Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Silicon Wafers
Optical Substrates
Disk-Drive Components
Others
Chemical Mechanical Planarization (CMP) Slurry in the Electronic Chemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for chemical mechanical planarization (CMP) slurry in the global electronic chemical market by product (aluminum oxide, cerium oxide, silica, and others), application (silicon wafers, optical substrates, disk-drive components, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?