CMP Slurry Market to Witness Growth Acceleration During 2019 to 2029

ROCKVILLE, Md. - March 3, 2020 - PRLog -- The global CMP slurry market is set to thrive at a robust CAGR of 8% during 2019 - 2029, according to the projections of a new study by FactMR. Leading manufacturers of CMP slurry are prioritizing product innovations and capacity expansion to capture an extended base of end-use industries.

FactMR, in its new offering, presents an unbiased analysis of the CMP Slurry market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029.

CMP Slurry Market: Key Findings

• Aluminum oxide will remain preferred material, accounting for a value of US$ 1.47 Bn in 2029.
• Cerium oxide CMP slurry will display a substantial growth rate; silicon wafers will remain a lucrative application segment.
• Multilayer characteristics and tech advancements will generate new opportunities in the industry.
• Maximum opportunities for market players abound in Asia Pacific (excluding Japan).

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CMP Slurry Market: Key Driving Factors

• Tech advancements in terms of fabrication and semiconductor processes will prominently drive CMP slurry market.
• Advent of technology and device architecture such as 3D packaging, and 3D FinFETs continue to bolster demand for CMP slurry.
• Heightening sales of semiconductor devices remain a prominent factor driving the growth of CMP slurry market.
• Emergence of new materials such as tungsten and copper drive the development of application-specific CMP slurries, pushing market growth.
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Expert analysis, actionable insights, and strategic recommendations – the Chemicals & Materials team at Fact.MR helps clients from all over the globe with their unique business intelligence needs and requirements of entire value chain of Chemical & Materials sector. A team of passionate analysts track the performance of the existing Chemicals & Materials as well as those that have just entered their product life cycle.