Updated
Updated · Straits Research · Jul 13
Global CMP Slurry Market to Reach $4.76 Billion by 2034 as Asia Pacific Holds 68.4%
Updated
Updated · Straits Research · Jul 13

Global CMP Slurry Market to Reach $4.76 Billion by 2034 as Asia Pacific Holds 68.4%

1 articles · Updated · Straits Research · Jul 13

Summary

  • $4.76 billion is the projected size of the global CMP slurry market by 2034, up from $2.47 billion in 2026 at an 8.6% CAGR.
  • AI, 5G, high-performance computing and fab buildouts are driving demand for wafer-planarization materials, with global semiconductor capacity expected to reach about 42 million 300 mm-equivalent wafers per quarter by end-2026.
  • Asia Pacific led the market with a 68.4% share in 2025, while North America is forecast to grow fastest at a 9.8% CAGR as domestic semiconductor manufacturing expands.
  • Oxide slurry held the largest product share at 41.5% in 2025, and advanced packaging is the fastest-growing application at an 11.8% CAGR, reflecting rising use of chiplets, hybrid bonding and SiC power devices.
  • Investment is following that demand: Entegris earmarked $325 million for semiconductor materials capacity in 2025, while Fujifilm committed $27 million to expand CMP slurry production in Belgium.

Insights

With billions poured into new semiconductor fabs globally, are we heading for a market boom or a catastrophic supply glut?
AI chip costs are soaring due to memory failures. Can new chemical slurries solve this critical billion-dollar yield problem?
With the US and China building rival chip ecosystems, who is winning the critical race for material and equipment self-sufficiency?