化学机械抛光 (CMP) 浆料市场 - 增长、趋势、COVID-19 影响和预测 (2023-2028)

在预测期内，化学机械抛光 (CMP) 浆料市场预计将以 6.4% 的复合年增长率增长。

製造和半导体工艺的技术进步，主要是为了提高半导体性能，预计将在预测期内推动全球 CMP（化学机械抛光）浆料市场。 此外，製造商为产品创新增加对半导体晶圆製造材料的投资也在推动市场增长。

主要亮点

• 日本、中国、韩国、新加坡和美国是主要的半导体芯片製造商，在消费和投资方面为市场扩张做出了重大贡献。 CMP 已发展成为半导体公司用来製造集成电路 (IC) 和存储磁盘的标准製造方法。 因此，这些组件在物联网、汽车和 5G 等领域的使用增加可能会在预测期内增加对 CMP 浆料的需求。
• CMP 在最小化晶体管和其他互连设备以构建新一代芯片方面发挥着关键作用。 晶体管的日益普及以及从 14 纳米节点到 5 纳米节点的持续行业发展也为市场供应商提供了重要的商机。
• COVID-19 疫情对世界各地的小型企业和大型企业造成了严重的经济破坏。 由于各国封锁，该病毒还影响了对智能设备的需求，破坏了这些设备的生产和供应链。 未来，如果电子设备生产重启，病毒传播得到遏制，电子设备需求有望大幅增加，CMP浆料有望在全球拥有较大的市场机会。
• 亚洲国家，尤其是中国，在拓展市场方面发挥着重要作用。 中国还制定了国产芯片计划，到 2025 年将在 16% 至 70% 的产品中使用国产半导体。 由于对该行业的长期投资，最近的 COVID-19 爆发可能会影响行业供应链，但该行业有望迅速復苏。

主要市场趋势

内存主导市场

• 随着需要大存储容量的智能手机的普及，闪存已成为主要驱动力。 预计非易失性内存将比常规 NAND 更快、更持久，从而刺激内存增长。 有了这些改进，CMP 工艺可能被证明对推动 CMP 浆料市场的增长至关重要。
• 随着 PC 和智能手机的普及，NAND 闪存的消耗量急剧增加，其中一个原因是智能手机平均容量的增加。 预计这将增加对 CMP 浆料的需求。
• 例如，根据 GSMA 的数据，北美的智能手机普及率将在 2021 年达到 82%，到 2022 年底可能会上升到 85%。 智能手机的日益普及可能会推动 CMP 浆料市场。
• 随着 NAND 技术从 2D 发展到 3D，引入了额外的 CMP 阶段，例如通道多晶 CMP 和阶梯 CMP。 通道多晶 CMP 的目的是同时抛光许多材料，如 SiN、氧化物和多晶硅。 因此，需要根据最终形状调整每种材料的速率，增加了对 CMP 浆料的需求。
• 闪存已成为智能手机的一个重要组成部分，对于消费者来说，随着内容创作的不断增长，他们的存储需求也在不断增加，对于 OEM 来说，从物料清单 (BoM) 成本的角度来看也是如此。 NAND 闪存的需求呈指数级增长，这主要是由于智能手机平均容量的增长。 预计到 2022 年，支持 5G 的智能手机的日益普及将推动市场增长。

台湾有望成为主要市场区域

• 在台湾，由于半导体製造业的扩张，CMP 浆料的使用正在增加。 台湾政府正在采取谨慎措施，将中国大陆完全排除在其供应链之外。 2022年1月，台湾宣布投资2亿美元生产微芯片。 它还启动了一项 10 亿美元的投资，重点关注立陶宛和台湾公司之间的项目。
• 台湾台积电是全球最大的合同芯片製造商，拥有超过 50% 的全球市场份额，也将创造对 CMP 浆料的巨大需求。 由于 5G 和汽车行业，电信行业的增长推动了对公司产品的需求，从而为市场供应商开发了一系列产品。
• 例如，华为正在为其 5G 基础设施购买台湾设备。 该公司的 5G 基站主要由台积电半导体提供动力。 台积电也是卡博特微电子的消费者，卡博特微电子是市场上的主要供应商之一。
• 但在与美国的贸易争端中，中国实现半导体生产自给自足的雄心给该公司带来了挑战。 美国政府还敦促许多台湾公司减少对中国大陆和华为的半导体出货量。
• 台湾正在通过 5G 部署战略投资 5G。 由于半导体製造业主要推动这一努力，因此有望满足 IC 设计客户的期望，例如 5G 的各种数字信号处理器及其高频无线调製解调器电路。 预计这一趋势将推动市场的增长。

竞争格局

化学机械抛光 (CMP) 浆料市场相对集中，顶级厂商占据了 50% 以上的份额。 市场供应商正在采用协作策略和产品进化来推动市场渗透。 最近的市场发展包括：

• 2021 年 12 月 - Entegris 已同意以 65 亿美元收购 CMC Materials，使其成为电子材料领域的领导者。 CMC材料是创新材料的重要供应商，尤其是在半导体领域。 收购 CMC Materials 领先的 CMP 产品组合有可能将 Entergres 的解决方案集扩展为全面的电子材料产品。 两家公司的互补技术基础可能使 Entegris 能够以更快的速度将范围更广的创新、高价值解决方案推向市场。
• 2021 年 10 月 - 巴斯夫和 Entegris 达成协议，以 9000 万美元的价格将巴斯夫的精细微化学品业务出售给 Entegris。 到 2021 年底，该交易将包括技术、知识产权和商标。 精细微化学品业务是巴斯夫涂料部门表面处理业务单元的一部分，该业务单元还包括用于电子材料加工和表面处理的清洁化学品和 CMP 浆料。

其他好处

• Excel 格式的市场预测 (ME) 表
• 三个月的分析师支持

内容

第一章介绍

• 研究假设和市场定义
• 调查范围

第二章研究方法论

第 3 章执行摘要

第 4 章市场洞察

• 市场概览
• 产业吸引力 - 波特五力分析
  • 供应商的议价能力
  • 买家的议价能力
  • 替代品的威胁
  • 新进入者的威胁
  • 竞争公司之间的敌对关係
• 工业价值链分析
• 应用 - 铜和阻挡层、钴、钨、氧化物、二氧化铈和其他应用
• 评估 COVID-19 对市场的影响

第 5 章市场动态

• 市场驱动因素
  • IC 3D 结构的进步和 CMP 技术日益重要
• 市场挑战
  • 与 CMP 技术相关的技术问题

第 6 章市场细分

• 按设备类型
  • 内存
  • 逻辑
• 按国家
  • 韩国
  • 台湾
  • 美国
  • 日本
  • 欧洲
  • 中国
  • 世界其他地区

第七章竞争格局

• 供应商排名分析
• 公司简介
  • Cabot Microelectronics Corporation
  • Showa Denko Materials Co. Ltd
  • Hitachi Chemical Co. Ltd
  • Fujifilm Corporation
  • Fujimi Corporation
  • Dow Inc.
  • Merck KGaA（Including Versum Materials）
  • Saint-Gobain Ceramics & Plastics Inc.
  • BASF

第八章投资分析

第九章市场前景与机遇

The chemical mechanical planarization (CMP) slurry market is expected to register a CAGR of 6.4% during the forecast period. The growing technological advancements in fabrication and semiconductor processes, mainly to enhance the performance of the semiconductor, are expected to drive the worldwide market for chemical mechanical planarization (CMP) slurry over the forecast period. Manufacturers' increasing investment in semiconductor wafer fabrication materials for product innovation also drives the market's growth.

Key Highlights

• Japan, China, Korea, Singapore, and United States are significant semiconductor chip makers, contributing considerably to the market expansion in terms of consumption and investment. CMP has evolved into a standardized manufacturing method utilized by semiconductor firms to manufacture integrated circuits (IC) and memory disks. As a result, increasing usage of these components in areas such as IoT, automotive, and 5G may drive the demand for CMP slurries during the forecast period.
• CMP has played a significant role in minimizing transistors, and other interconnect devices for building a new generation of chips. The increase in adoption of transistors and continuous industrial development, down to the 5nm node from the 14nm node, also offers massive opportunities for market vendors.
• The COVID-19 outbreak caused economic havoc in small, medium, and large-scale companies worldwide. The virus also impacted demand for smart devices owing to national lockdowns, which substantially affected the production and supply chain of these devices. Furthermore, with the resumption of production of these gadgets and the lowering of virus propagation, an exponential surge in demand for electronic devices is predicted to open up numerous market opportunities for the CMP slurry on a global scale.
• Asian countries, particularly China, play a vital role in market expansion. China is also establishing a homegrown chip program to utilize local semiconductors in 70% of its products by 2025, up from 16%. Even though the recent COVID-19 outbreak may impact the industry's supply chain due to longer-term investment in the sector, the industry is anticipated to recover fast.

Key Market Trends

Memory Occupies a Significant Share in the Market

• Due to the increasing popularity of smartphones with large storage requirements, flash memory has been a significant driving factor. Emerging technologies like non-volatile memory, which provides faster and longer-lasting performance than regular NAND, are anticipated to drive memory growth. With such improvements, the CMP process may prove to be vital in driving the CMP slurry market's growth.
• With the growing adoption of PCs and smartphones, NAND flash consumption is dramatically increasing, much of which is attributable to the increase in average smartphone capacity. This factor is anticipated to boost the demand for CMP slurry.
• For instance, according to GSMA, as of 2021, North America had the highest smartphone adoption rate, at 82%, which may increase to 85% by the end of 2022. The increasing adoption of smartphones may drive the CMP slurry market.
• As NAND technology evolved from 2D to 3D, additional CMP stages were introduced, such as channel poly CMP and staircase CMP. The purpose of channel poly CMP is to polish many materials simultaneously, such as SiN, oxide, and poly-Si. As a result, individual material rate tunability is required to match the final topographical requirement, thus boosting the demand for CMP slurry.
• Flash memory storage has become a key component in smartphones for consumers whose need for storage continues to grow as content creation increases and for OEMs in terms of bill of materials (BoM) cost. The NAND flash demand has been increasing exponentially, primarily driven by the growth of the average capacity of smartphones. The rising popularity of 5G-enabled smartphones is projected to drive the market's growth through 2022.

Taiwan is Expected to Emerge as a Major Region in the Market

• The country's expanding semiconductor manufacturing is primarily driving the usage of CMP slurry. The Taiwanese government is taking solid steps to cut China from the supply chain entirely. In January 2022, Taiwan announced an investment of USD 200 million to produce microchips. An investment of USD 1 billion was also launched to focus on projects between Lithuanian and Taiwanese companies.
• Taiwan-based TSMC, the world's largest contract chipmaker with more than 50% share in the global market, also significantly creates demand for CMP slurries. Due to 5G and the automotive industry, the growing advancements in the telecom industry are fuelling the company's product demand, hence developing the scope for the market vendors.
• For instance, Huawei purchases Taiwanese equipment for 5G infrastructure. The company's 5G base stations are mostly provided with TSMC semiconductors. TSMC is also a consumer of Cabot Microelectronics, one of the significant vendors in the market.
• However, the company is facing difficulties due to China's ambition to become more self-sufficient in semiconductor production amid its trade battle with United States. The US government is also pushing numerous Taiwanese firms to reduce semiconductor shipments to China or Huawei.
• Taiwan is investing in 5G with its strategy for a 5G rollout. As the semiconductor manufacturing industry is primarily driving the effort, it is expected to meet the expectations of its IC design customers for various digital signal processors for 5G and its high-frequency radio modem circuits. This trend is anticipated to boost the market's growth.

Competitive Landscape

The chemical mechanical planarization (CMP) slurry market is relatively consolidated, with top players accounting for more than 50% of the market share. The market vendors are adopting collaboration strategies and product advancements to drive development in the market. Some recent market developments include.

• December 2021 - Entegris agreed to acquire CMC Materials for USD 6.5 billion to become a leader in electronic materials. CMC Materials is a significant provider of innovative materials, particularly in the semiconductor sector. The acquisition of CMC Materials' leading CMP portfolio may broaden Entegris' solution set, providing a comprehensive electronic materials offering. The complementary nature of the company's technological platforms may allow Entegris to bring a wider range of innovative and high-value solutions to market at a faster pace.
• October 2021 - BASF and Entegris signed an agreement for the sale of BASF's Precision Microchemicals business to Entegris for USD 90 million. By the end of 2021, the transaction included technologies, intellectual property, and trademarks. The Precision Microchemicals business is part of the Surface Treatment business unit of BASF's Coatings division, which also includes cleaning chemistries and CMP slurries employed in the machining and surface conditioning of electronic materials.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of Substitutes
  • 4.2.4 Threat of New Entrants
  • 4.2.5 Intensity of Competitive Rivalry
• 4.3 Industry Value Chain Analysis
• 4.4 Applications - Copper and Barrier, Cobalt, Tungsten, Oxide, Ceria, and Other Applications
• 4.5 Assessment of COVID-19 Impact on the Market

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Increased Use of 3D Structures in ICs and Growing Importance of CMP Technology
• 5.2 Market Challenges
  • 5.2.1 Technical Challenges Pertaining to CMP Technique

6 MARKET SEGMENTATION

• 6.1 By Device Type
  • 6.1.1 Memory
  • 6.1.2 Logic
• 6.2 By Country
  • 6.2.1 South Korea
  • 6.2.2 Taiwan
  • 6.2.3 United States
  • 6.2.4 Japan
  • 6.2.5 Europe
  • 6.2.6 China
  • 6.2.7 Rest of the World

7 COMPETITIVE LANDSCAPE

• 7.1 Vendor Ranking Analysis
• 7.2 Company Profiles
  • 7.2.1 Cabot Microelectronics Corporation
  • 7.2.2 Showa Denko Materials Co. Ltd
  • 7.2.3 Hitachi Chemical Co. Ltd
  • 7.2.4 Fujifilm Corporation
  • 7.2.5 Fujimi Corporation
  • 7.2.6 Dow Inc.
  • 7.2.7 Merck KGaA (Including Versum Materials)
  • 7.2.8 Saint-Gobain Ceramics & Plastics Inc.
  • 7.2.9 BASF

8 INVESTMENT ANALYSIS

9 MARKET OUTLOOK AND OPPORTUNITIES