SiC CMP pads market seen rising to $1.11 billion by 2030

The silicon carbide chemical mechanical planarization pads and slurry market is forecast to grow from $0.64 billion in 2025 to $1.11 billion by 2030, driven by electric vehicle adoption, power semiconductor demand and broader SiC wafer production. Asia-Pacific remained the largest regional market in 2025 and is expected to grow the fastest through the forecast period.

Why it matters: - Silicon carbide CMP pads and slurry are a key consumable in semiconductor manufacturing for polishing SiC wafers used in high-performance electronic devices. - Faster growth in the market signals rising demand for the materials that help produce more efficient power electronics, including devices used in electric vehicles. - The forecast points to steady expansion in a niche supply chain tied to semiconductor capacity, wafer quality and defect reduction.

What happened: - The Business Research Company released its Silicon Carbide (SiC) Chemical Mechanical Planarization (CMP) Pads Global Market Report 2026 – Trends, And Forecast 2026-2035. - The report estimates the market will grow from $0.64 billion in 2025 to $0.71 billion in 2026. - The market is projected to reach $1.11 billion by 2030. - The report says Asia-Pacific was the largest regional market in 2025 and is expected to remain the largest through the forecast period. - Asia-Pacific is also projected to be the fastest-growing region.

The details: - SiC CMP pads and slurry are specialized consumables used to polish and finish silicon carbide wafers. - The materials support accurate material removal, smooth surfaces and lower wafer defects. - The market’s 2026 growth forecast reflects a 12.1% CAGR. - The longer-term forecast to 2030 reflects an 11.6% CAGR. - Key growth drivers include rising demand for silicon carbide wafers, wider use of power semiconductor devices and expanding SiC semiconductor production. - The report also cites growing demand for precise wafer processing and more efficient power electronics. - Emerging trends include precision SiC wafer polishing, new CMP pad materials, refined abrasive slurry formulations, efforts to minimize wafer defects and better surface finishing techniques. - Electric vehicle adoption is a major catalyst because SiC power semiconductors improve efficiency, charging speed and performance in EVs. - Cox Automotive reported electric vehicle sales of 102,243 units in January 2025, up 29.9% from a year earlier. - Additional demand is coming from increased production of power semiconductor devices and broader adoption of high-efficiency power electronics. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based dashboards, market hotspots infographics, and key technology and future trend analysis. - The release includes sample and full report links: Download a free sample and View the full report.

Between the lines: - The forecast suggests SiC manufacturing remains closely linked to EV growth and power electronics demand. - Asia-Pacific’s lead points to the region’s central role in semiconductor production and advanced materials demand. - The emphasis on defect reduction and surface finishing shows manufacturers are still pushing for higher yield and tighter tolerances in SiC wafer processing.

What's next: - The market is expected to keep expanding as EV adoption, semiconductor capacity and SiC device output increase. - Future gains will likely depend on continued improvements in wafer polishing materials, slurry chemistry and surface quality control. - The report’s forecast period extends through 2035, indicating the market could remain a long-term growth area for semiconductor consumables.