Chemical Mechanical Planarization Market Surges: Reaches US$ 5.4 Billion in 2022, Set for 5.3% CAGR Growth by 2032

In 2022, the global Chemical Mechanical Planarization (CMP) market achieved a remarkable valuation of US$ 5.4 billion. This market, driven by the ever-increasing demand for cutting-edge technology, is poised for substantial growth over the next decade. According to Future Market Insights, the global CMP market is projected to expand at a Compound Annual Growth Rate (CAGR) of 5.3%, reaching a whopping US$ 9.1 billion by the year 2032.

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

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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