How big is the Chemical Mechanical Polishing Pad Market?

The Chemical Mechanical Polishing Pad Market size is expected to reach USD 4 billion in 2024 and grow at a CAGR of 7.90% to reach USD 5.61 billion by 2029. Read More

What is the current Chemical Mechanical Polishing Pad Market size?

In 2024, the Chemical Mechanical Polishing Pad Market size is expected to reach USD 4 billion. Read More

Who are the key players in Chemical Mechanical Polishing Pad Market?

3M Co, DuPont de Nemours, Inc., Fujibo Holdings Inc., Pureon and SK enpulse are the major companies operating in the Chemical Mechanical Polishing Pad Market. Read More

Which is the fastest growing region in Chemical Mechanical Polishing Pad Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Chemical Mechanical Polishing Pad Market?

In 2024, the Asia Pacific accounts for the largest market share in Chemical Mechanical Polishing Pad Market. Read More

What years does this Chemical Mechanical Polishing Pad Market cover, and what was the market size in 2023?

In 2023, the Chemical Mechanical Polishing Pad Market size was estimated at USD 3.68 billion. The report covers the Chemical Mechanical Polishing Pad Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chemical Mechanical Polishing Pad Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Chemical Mechanical Polishing (CMP) Pad Market Share

Statistics for the 2023 & 2024 Chemical Mechanical Polishing (CMP) Pad market share, created by Mordor Intelligence™ Industry Reports. Chemical Mechanical Polishing (CMP) Pad share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Chemical Mechanical Polishing (CMP) Pad Industry

The chemical mechanical polishing (CMP) pads market is very competitive. It is highly concentrated due to various large and small players. All the major players account for a significant market share and focus on expanding the global consumer base. Some significant players in the market are 3M Co, DuPont de Nemours Inc., Fujibo Holdings Inc., Pureon, and SK enpulse. Several companies are increasing their market share by forming collaborations, partnerships, and acquisitions and introducing new and innovative products to earn a competitive edge during the forecast period.

In April 2024, SK Hynix was set to continue with its scheduled investments in Korea. The company is getting the Yongin Semiconductor Cluster site ready to construct production facilities, with an investment of JPY 120 trillion (USD 0.74 trillion). The first fab was expected to start construction in March 2025 and be completed by early 2027. A mini fab will also be constructed to test semiconductor materials, components, and equipment using 300 mm wafer processing equipment.
In September 2023, SK enpulse divested its semiconductor basic materials business, with the wet chemical business purchased by the local semiconductor/display materials company Yaker Technology and the cleaning business acquired by the investment company Sunyang Shinjin. Earlier this year, SKC consolidated its semiconductor materials/parts businesses into SK enpulse to enhance its presence in high-value-added materials business areas for semiconductor front-end processes, such as chemical mechanical polishing (CMP) pads and blank masks.