Chemical Mechanical Polishing Market - Forecasts from 2025 to 2030

The chemical mechanical polishing market is forecasted to rise at a 7.11% CAGR, reaching USD 10.381 billion by 2030 from USD 7.365 billion in 2025.

Chemical Mechanical Polishing Market Analysis

Chemical mechanical polishing represents a crucial process technology stage in semiconductor wafer production, utilizing chemical slurry combined with mechanical movements to create completely flat surfaces on wafer tops. This process is essential for fabricating semiconductor materials that are more powerful and durable, addressing fundamental requirements for advanced device manufacturing. The application of chemical mechanical polishing in smaller and more reliable semiconductors, particularly within electronics and automobile industries, is becoming increasingly necessary due to escalating performance requirements from electronic devices and vehicles. This expanding application scope is fueling demand for chemical mechanical polishing solutions and driving overall market growth during the forecasted period.

Key Market Highlights

Chemical mechanical polishing is powering integrated circuit production by enabling smaller chip geometries essential for advanced device performance. Asia-Pacific growth is being driven by expanding electronics output boosting regional demand for polishing solutions. The technology is enhancing printed circuit board quality, with polishing processes improving circuit reliability and performance characteristics. Automotive technology advancement, particularly advanced driver assistance systems (ADAS), is increasing chemical mechanical polishing usage across automotive semiconductor applications. The process is advancing microelectromechanical systems (MEMS) devices, with precision polishing optimizing sensor performance and reliability. Semiconductor sales growth is boosting demand as wafer flatness remains critical for device yield and performance. The consumables segment is expanding, with slurries leading market growth as essential process materials.

Primary Market Drivers

Rising Integrated Circuit Production

Chemical-mechanical polishing represents a common manufacturing technique utilized in the semiconductor industry to create memory devices and integrated circuits deployed in modern electronic products. With rising integrated circuit sales, the chemical mechanical polishing market is expected to expand at a rapid pace. According to World Semiconductor Trade Statistics, microprocessors, included within the micro-IC category, experienced a 15.1% sales increase to $80.2 billion in 2021, demonstrating robust market momentum.

The same source indicated automotive integrated circuit sales reached a record high of $26.4 billion in 2022, increasing 34.3% year over year. This substantial growth in automotive semiconductor applications reflects the increasing electronic content in modern vehicles, driven by electrification, connectivity, and autonomous driving technologies. Integrated circuit sales growth in the semiconductor industry will increase demand for chemical mechanical polishing, boosting overall market expansion during the forecasted period as manufacturers require precision polishing to achieve the surface planarity specifications necessary for advanced device architectures.

Increased Printed Circuit Board Adoption

Printed circuit boards (PCBs) represent vital components in nearly all consumer electronic appliances and automotive sector applications. These boards connect electrical components to ensure proper operation of vehicle stereo and visual display systems, with applications extending to global positioning systems (GPS) and other electronic functions. Rising automobile production is boosting demand for printed circuit boards, which correspondingly increases chemical mechanical polishing market growth.

According to International Organization of Motor Vehicle Manufacturers (OICA) data, global car production increased from 77,650,152 units in 2020 to 85,016,728 units in 2022, representing a 10% production increase. This substantial volume growth creates proportional demand for electronic components and associated manufacturing processes including chemical mechanical polishing.

Significant investment has been directed toward PCB manufacturing resulting from increased telematics, advanced driver assistance systems (ADAS), and infotainment device integration in automobiles by the automotive sector. Therefore, demand for chemical mechanical polishing is increasing due to electronic control unit integration in vehicles, which will boost chemical mechanical polishing market growth. The automotive industry's transition toward more sophisticated electronic architectures requires higher-quality PCBs manufactured with precision processes including chemical mechanical polishing to ensure reliability under demanding automotive environmental conditions.

Regional Market Dynamics

During the forecast period, the Asia-Pacific region is expected to dominate the chemical mechanical polishing market. Low production costs and increasing electronics production represent the two major drivers of market growth in the Asia-Pacific region. The State Council of the People's Republic of China reported that added value to major electronics producers in the nation rose by 12.7% annually in January-February 2022, compared to 7.5% growth in the country's overall industrial sector. This outpacing of general industrial growth demonstrates the electronics sector's particular vitality and its importance to regional economic development.

The Asia-Pacific region will continue dominating this market primarily due to its flourishing semiconductor manufacturing sector, which increases demand for chemical-mechanical polishing as fabrication volumes expand. According to PIB reports from February 2022, the Indian semiconductor market was valued at $15 billion in 2020, with projections reaching approximately $63 billion by 2026. This nearly fourfold growth projection demonstrates India's emerging importance as a semiconductor manufacturing hub and corresponding equipment and consumables demand.

World Semiconductor Trade Statistics data indicated Taiwan's semiconductor manufacturing generated TWD 625.53 billion in sales revenue in the fourth fiscal quarter of 2022, demonstrating the island's continued leadership in global semiconductor production. These developments in electronics and semiconductor industries are increasing demand for chemical mechanical polishing throughout the Asia Pacific region, which will boost market growth during the forecasted period and solidify the region's position as the global epicenter for semiconductor manufacturing and chemical mechanical polishing consumption.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
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Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others.

Chemical Mechanical Polishing Market Segmentation:

• CHEMICAL-MECHANICAL POLISHING MARKET BY TYPE
• CMP Equipment
• CMP Consumables
• CHEMICAL-MECHANICAL POLISHING MARKET BY APPLICATION
• Micro-electromechanical systems (MEMS)
• Printed Circuit Boards (PCBs)
• Integrated Circuits (ICs)
• Others
• CHEMICAL-MECHANICAL POLISHING MARKET BY GEOGRAPHY
• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• United Kingdom
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Thailand
• Others