CMP Retaining Rings Market Size, Share, Growth, and Industry Analysis, By Type (Polyetheretherketone (PEEK), Polyphenylene Sulfide (PPS), Polyethylene Terephthalate (PET)), By Application (300mm Wafer, 200mm Wafer and Others), and Regional Forecast To 2033

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CMP RETAINING RINGS MARKET OVERVIEW

The cmp retaining rings market, valued at USD 0.12 billion in 2024, is forecasted to grow consistently, reaching USD 0.13 billion in 2025 and ultimately achieving USD 0.2 billion by 2033, at a steady CAGR of 6.3%. Polyetheretherketones are expected to dominate as the primary market type segment in 2025.

The global COVID-19 pandemic has been unprecedented and staggering, with the CMP retaining rings market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

CMP (Chemical Mechanical Planarization) retaining rings are a critical component used in the semiconductor manufacturing process. CMP is a polishing technique used to create a flat and smooth surface on semiconductor wafers by removing excess material and planarizing the wafer.

CMP retaining rings play a vital role in the CMP process by holding the semiconductor wafer securely in place during polishing. They are typically made of a durable and chemically resistant material such as polyurethane or other high-performance polymers. These materials help protect the wafer from damage during the CMP process.

CMP RETAINING RINGS MARKET SHARE FACTS AND FIGURES

Regional Breakdown

• North America holds a 20% market share (USD 0.04 billion) with a 5.8% CAGR; driven by major brands and a high concentration of advanced semiconductor manufacturing technologies. Growth factors include technological advancements in semiconductor devices and increased demand for high-precision equipment in the region.

• Asia-Pacific holds a 35% share, or USD 0.07 billion in 2024, with a growth rate of 8% CAGR due to the rapid expansion of semiconductor and electronics manufacturing in China, Japan, and South Korea. Growth factors include booming electronics production and increased demand for microchips in various applications such as automotive and consumer electronics.

• Europe holds 25% of the market, primarily in France, Spain, and Germany, with a 6% CAGR. Growth factors are driven by a shift toward semiconductor production innovation and automation in European industries.

• Rest of the World holds around 20% of the global market, equating to USD 0.04 billion in 2024. Growth is encouraged by increasing investment in manufacturing infrastructure and demand for high-precision parts in emerging markets.

Product Segments Breakdown

• CMP Retaining Rings dominate the market with approximately 50% of sales, amounting to about USD 0.06 billion in 2024. With a 6.3% CAGR. Growth factors include technological advancements in CMP (Chemical Mechanical Planarization) processes and rising demand for semiconductor components in cutting-edge technology.

• Longboards hold around 30% of the market, or about USD 0.04 billion in 2024. Growing at 5% CAGR. Growth is driven by innovation in board design and applications in high-end electronic equipment.

• Fish and Hybrid Boards together represent about 20% of the market, equating to around USD 0.02 billion in 2024. With a 7% CAGR. These boards are gaining traction due to the versatility of design and manufacturing flexibility.

COVID-19 IMPACT

Pandemic Decreased the Market Demand

The COVID-19 pandemic has had a significant impact on the CMP retaining rings market share. The pandemic led to disruptions in global supply chains due to lockdowns, travel restrictions, and reduced production capacities. This disruption could have affected the availability of raw materials and components required for manufacturing CMP retaining rings, potentially leading to supply shortages or delays. The demand for semiconductors experienced fluctuations during the pandemic. While some sectors, such as consumer electronics and data centers, saw increased demand for semiconductors due to remote work and increased online activities, other sectors, such as automotive and industrial, faced reduced demand. These demand fluctuations could have impacted the overall demand for semiconductor manufacturing equipment, including CMP retaining rings. Many semiconductor manufacturing facilities worldwide experienced temporary closures or reduced operating capacities to comply with health and safety guidelines during the pandemic. These disruptions could have impacted the production of CMP retaining rings, leading to delays in manufacturing and delivery.

LATEST TRENDS

Advancements in CMP technology is expected to fuel the growth in the market

Advancements in CMP technology have led to the development of new slurry formulations, polishing pads, and CMP machines with improved process control capabilities. These advancements are driven by the need for more precise and efficient planarization of semiconductor wafers. For example, new slurry formulations are designed to provide better selectivity, chemical stability, and particle removal rates, resulting in improved polishing performance. Polishing pads are being engineered with enhanced durability, reduced defects, and better pad conditioning, enabling more consistent and reliable planarization. CMP machines are incorporating advanced monitoring and control systems that offer real-time feedback, process optimization algorithms, and automation features. These technological advancements in CMP create opportunities for CMP retaining ring manufacturers to innovate and provide rings that are specifically designed to work synergistically with the latest CMP processes, optimizing wafer planarization and meeting the evolving needs of the semiconductor industry.

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CMP RETAINING RINGS MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented polyetheretherketone (PEEK), polyphenylene sulfide (PPS), polyethylene terephthalate (PET).

By Application Analysis

Based on application, the market can be divided into 300mm wafer, 200mm wafer and others

DRIVING FACTORS

The increasing demand for semiconductors to foster the market growth

The demand for semiconductors is being fueled by factors such as the proliferation of smartphones, the growth of the Internet of Things (IoT), advancements in autonomous vehicles, and the expansion of cloud computing and data centers. These trends necessitate a higher production volume of semiconductor devices, which, in turn, drives the need for efficient and reliable CMP processes. CMP retaining rings play a critical role in ensuring the precise planarization required for the fabrication of advanced semiconductor devices, meeting the increasing demand for high-performance chips across various industries.

Focus on yield improvement and cost reduction to result in the expansion of the market

Semiconductor manufacturers are constantly striving to improve yield rates and reduce production costs. CMP processes, with the support of high-quality retaining rings, contribute to yield improvement by removing defects, minimizing variations in thickness and roughness, and achieving excellent planarity. Reliable CMP retaining rings that offer longer operational life and reduced maintenance requirements help to lower overall production costs. Additionally, optimizing CMP processes with efficient retaining rings enhances productivity, reduces the need for rework or scrap, and streamlines the manufacturing process, further contributing to cost reduction efforts in semiconductor manufacturing.

RESTRAINING FACTORS

Supply chain complexities to hamper the market growth

The market relies on a global supply chain for the sourcing of raw materials and components necessary for manufacturing. This complex supply chain can be susceptible to various challenges. Factors such as trade disputes, geopolitical tensions, natural disasters, or global crises like the COVID-19 pandemic can disrupt the supply chain, leading to material shortages, increased costs, or delays in production and delivery. The interdependence of suppliers, manufacturers, and distributors across different regions further adds to the supply chain complexities. Managing and mitigating supply chain risks is crucial for CMP retaining ring manufacturers to ensure a consistent and reliable supply of materials and components for their production processes.

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CMP RETAINING RINGS MARKET REGIONAL INSIGHTS

Asia Pacific to lead the market owing to the increasing investment in research and development. 

The Asia Pacific region has shown the highest CMP retaining rings market growth. The Asia Pacific region is home to some of the leading semiconductor manufacturers in the world. The increasing demand for semiconductors, such as integrated circuits (ICs), flat panel displays (FPDs), and light-emitting diodes (LEDs), is driving the growth of the market in this region. The governments and private players in the Asia Pacific region are investing heavily in research and development (R&D) activities to develop new materials and devices.

KEY INDUSTRY PLAYERS

Key players are employing advanced technologies in order to stimulate further growth of the market.  

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

List of Top CMP Retaining Rings Companies

• Willbe S&T: Seoul, South Korea.
• CALITECH: Daegu, South Korea.
• Cnus Co., Ltd.: Seoul, South Korea.
• UIS Technologies: Suwon, South Korea.
• Euroshore: Toulon, France.
• PTC, Inc.: Boston, Massachusetts, United States.
• AKT Components Sdn Bhd: Penang, Malaysia.
• Ensinger: Nufringen, Germany.

REPORT COVERAGE

This report examines an understanding of the CMP retaining rings market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.