Wafer Polishing Materials Market 2019: Key Growth Drivers and Current Industry Trends

The report aims to provide an overview of the wafer polishing materials market with detailed market segmentation type, application, and geography. The global wafer polishing materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wafer polishing materials market players and offers key trends and opportunities in the market.

A wafer, also called a slice or substrate, is a thin slice of semiconductor, such as crystalline silicon, used to manufacture integrated circuits and, in photovoltaics, to manufacture solar cells. The wafer serves as the substrate for microelectronic devices built in and upon the wafer. Chemical mechanical planarization ( CMP ) or polishing is a critical step used multiple times in the semiconductor manufacturing process at each layer of the wafer to remove excess materials and create a smooth surface. This is done through the interaction of a pad and slurry on a polishing tool.

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The wafer polishing materials market has witnessed significant growth due to rising demand for the chemical industry. Moreover, the increasing R&D activities provide a huge market opportunity for the key players operating in the wafer polishing materials market. However, strict government regulations are projected to hamper the overall growth of the wafer polishing materials market.

Leading Companies - Wafer Polishing Materials Market

•   3M
•   BASF SE
•   CMC Materials
•   DuPont
•   FUJIBO
•   Fujifilm
•   Hitachi Chemical
•   Mitsubishi Chemical Corporation
•   Saint-Gobain
•   TWI Incorporated

The reports cover key developments in the wafer polishing materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from wafer polishing materials market is anticipated to lucrative growth opportunities in the future with the rising demand for wafer polishing materials in the global market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global wafer polishing materials market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wafer polishing materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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The report analyzes factors affecting the wafer polishing materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wafer polishing materials market in these regions.