CMP SLURRY MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics:

• The growth in the semiconductor industry is driven by expanding applications of semiconductors in segments such as data processing, consumer’s electronics and others, which is driving demand for new technologies such as 3D packaging, 3D NANDs etc. This is expected to drive the CMP slurry market growth as CMP is crucial for delivering the above technologies. Moreover, the rising trend of new technology and demand for new and improved consumer electronics is favoring the overall growth of the market.
• Moreover, product launches along with mergers and acquisition by key players in the CMP slurry market are contributing to the growth of the market. For instance, in August 2018, Cabot Micro, a producer of silica-based chemical-mechanical planarization slurries, announced plans to acquire KMG Chemicals,a leading supplier of high-purity cleaning chemicals used between chip-making steps. Through the acquisition, Cabot Micro aims to increase its sales in the U.S. markets.