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Chemical Mechanical Planarization (CMP) Market Size, Share, Trends, Demand and Growth Forecast to 2023

The advancement in processing technology, such as chemical mechanical planarization (CMP) has facilitated the improved performance of the semiconductor devices at relatively lower unit cost, which is driving the growth of the global chemical mechanical planarization market.
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Chemical mechanical planarization is widely used in ultra-flat surface processing in semiconductor industries. In the recent years, it has become mainstream process for below 0.35 micrometer surface processing in semiconductor industry, which in turn is driving the growth of the global market.
Asia-Pacific was the largest market of chemical mechanical planarization in 2014. Taiwan, Japan and China are some of the major markets in Asia-Pacific. The market dominance of Asia-Pacific is due to the increasing outsourcing of semiconductor IC fabrication, such as MEMS and NEMS in the region.
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North America was the second largest market of chemical mechanical planarization in 2014. Asia-Pacific is expected to be the fastest growing market of CMP during the forecast period. Country wise, Germany, the U.K., and France are the major markets of chemical mechanical planarization in Europe. The market for chemical mechanical planarization was at nascent phase in Middle-East and Africa in 2014. Brazil is expected to be the fastest growing market in Latin America, during the forecast period.
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Some of the competitors in the global chemical mechanical planarization market are Applied Materials, Inc., Lapmaster Wolters GmbH, Strasbaugh Inc., Cabot Microelectronics Corporation, Fujimi Incorporated, Air Products & Chemicals Inc., Ebara Corporation, LAM Research Corporation, Okamoto Machine Tool Works Ltd., DOW Electronic Materials, and Hitachi Chemical Company Ltd. 

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