CMP Slurry Market Size

Global CMP Slurry Market size was valued at USD 1.76 billion in 2023 and is poised to grow from USD 1.87 billion in 2024 to USD 3.08 billion by 2032, growing at a CAGR of 6.4% during the forecast period (2025-2032).

The global CMP slurry market has witnessed substantial growth over the years, driven by the increasing demand for smaller and more powerful semiconductor devices in various industries, including consumer electronics, automotive, and telecommunications. As consumer expectations for faster and more efficient electronic devices continue to rise, manufacturers are under pressure to develop cutting-edge semiconductor components with higher performance and reduced form factors. CMP slurry manufacturers are thus compelled to innovate and produce slurries with higher selectivity, lower defectivity, and enhanced planarization capabilities to meet the stringent requirements of the semiconductor industry. The electronics industry's focus on achieving greater energy efficiency has also influenced the CMP slurry market positively.

As power consumption becomes a critical concern, semiconductor manufacturers are developing energy-efficient chips that require superior planarization during their production. CMP slurry manufacturers are responding to this demand by developing specialised slurries that offer improved planarization efficiency and reduce power consumption in electronic devices.

US CMP Slurry Market is poised to grow at a sustainable CAGR for the next forecast year.