The main driver for the growth of the Chemical Mechanical Planarization Market is the semiconductor manufacturing sector which is expanding at an unprecedented pace. Emerging new smart technologies and consumer products for use across various domains will boost the growth of this market. The innovations in material science like the use of microlens arrays in LEDs has accelerated the demand for CMP in non-, semiconductor applications. The growing need for scalable 3D memory architecture will greatly benefit the market. This technology will continue to grow post-COVID-19 lockdown since semiconductors have become an integral part of our day to day activities. CMP process has limitations like corrosion and stress cracking due to slurries which can hamper the growth of this market.
The major players in the chemical mechanical planarization market include Applied Materials, Inc., Strasbaugh Inc., LapmasterWolters GmbH, LAM Research Corporation, Cabot Microelectronics Corporation, Fujimi Incorporated, Air Products & Chemicals Inc., Hitachi Chemical Company Ltd., Ebara Corporation, Okamoto Machine Tool Works Ltd., DOW Electronic Materials.
By Type
- CMP Equipment
- CMP Consumables
By Application
- Integrated Circuits
- Microelectromechanical Systems (MEMS) and Nanoelectromechanical Systems (NEMS)
- Compound Semiconductors
- Optics
The chemical mechanical planarization market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/chemical-mechanical-planarization-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.