-Characteristic of enabling technology to support frameworks for design innovations of semiconductor chips pinpoints handsome growth.
-Newly discovered application in the manufacture of ICs to widen scope of growth.
ALBANY, N.Y., April 19, 2021 /PRNewswire/ --
CMP Slurry Market - Overview
From their earliest recorded use for polishing lenses, the natural transfer of technology to semiconductor polishing slurries in the early 1980s is a wonder. Primarily, the reason was the need to planarize the next-generation IC devices used then, in a way that was more reliable and reproducible than what the existing technology available at that time allowed. While, the application of slurry in semiconductor technology was a leap, the slurry composition remained unchanged from the one that was used in polishing of lenses.
However, as semiconductor based electronic devices became more complex, the chemical mechanical planarization (CMP) defects manifested as limited yields. This resulted in more attention on finer details of CMP, with the slurry in particular attracting research for scope of innovation and improvements. With the keen interest of researchers, electronic design experts, and some scientific communities in CMP slurry that closely influences the lucrative electronics industry, CMP slurry, today, is a billion-dollar business segment. With prospects of continued notable growth, the CMP slurry market is predicted to chart an impressive curve in the near-term as well. This validates the growth of CMP slurry market at a projected ~7% CAGR from 2020 - 2030.
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CMP Slurry Market - Key Findings of the Report
Characteristic of Serving as Enabling Technology manifests as Solid Growth
In the semiconductor industry, cost reduction and scaling of semiconductor chips have continued to drive the need for novel designs, technologies, and device architectures such as 3D FinFets and 3D NAND wherein CMP plays a key role to facilitate these frameworks. So much so, CMP is considered enabling technology in the manufacturing of integrated circuits (IC).
Interestingly, CMP is a unique technology that enables chips manufacturers to undertake some most complex and critical patterning steps. With such virtues, CMP has revolutionized manufacturing and processing of high-technology semiconductors. This translates into handsome growth for the CMP slurry market.
Explore 190 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the CMP Slurry Market (Product Type: Aluminum Oxide, Ceramic, Cerium Oxide, Silica, and Others; and Application: Silicon Wafers, Optical Substrates, Disk-drive Components, and Other Microelectronic Surfaces) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030 at https://www.transparencymarketresearch.com/cmp-slurry-market.html
Booming Semiconductor Industry continues to open lucrative Growth Opportunities
With the ever-increasing demand for consumer electronics that rely heavily on semiconductor chips, wherein logic board and memory chip categories have witnessed tremendous success, consequently, CMP slurries have witnessed an explosion of application.
Besides this, for design and product innovations, manufacturers of semiconductor chips are adopting state-of-the-art AI and ML technologies. Big data and cloud computing now extensively used at several stages of manufacturing in the semiconductor industry. The use of next-generation technologies has favored the manufacture of avant-garde semiconductors for electronics, including servers, automotive components, consumer electronics, and industrial electronics. Taking a cue from this, CMP slurry manufacturers are considering to adopt next-generation technologies for design and product innovation. Thus, the CMP slurry market is likely to witness gains.
Analyze global CMP slurry market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
CMP Slurry Market - Growth Drivers
- Integral use of CMP in the fabrication of silicon semiconductors to attain desired planarity of substrates principal to the growth of CMP slurry market.
- Rising adoption of CMP in the manufacture of integrated circuits (ICs) creating growth avenues for CMP slurry market.
CMP Slurry Market - Key Players
- 3M
- BASF
- DONGJIN SEMICHEM CO LTD.
- Evonik
- FujiFilm
- Hitachi Chemical
- Samsung SDI
- Applied Materials
- Cabot Corporation
- Dow Chemicals
- Fujimi Corporation
- KCTech
- Soulbrain Co. Ltd.
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Expansion Activities and Smooth Investment Flow to Fuel Growth
Escalating investments by many firms and conglomerates into the isothermal bags & containers market will invite extensive growth opportunities. Furthermore, expansion activities and ideal business strategies by the players in the isothermal bags & containers market will bring immense growth prospects.
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