Photoresist Market Report: Trends, Forecast and Competitive Analysis to 2030

Photoresist Trends and Forecast

The future of the global photoresist market looks promising with opportunities in the semiconductor & IC and LCD applications. The global photoresist market is expected to reach an estimated $5.5 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are growing demand for advanced semiconductor devices and substantial use of this product in in-vehicle applications.

A more than 150-page report is developed to help in your business decisions.

Photoresist by Segment

The study includes a forecast for the global photoresist by type, ancillary type, application, and region.

Photoresist Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• ArF Immersion
• ArF Dry Film
• KrF
• G-line & I-line

Photoresist Market by Ancillary Type [Shipment Analysis by Value from 2018 to 2030]:

• Anti-Reflective Coating
• Remover
• Developer

Photoresist Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Semiconductor & IC
• LCD

Photoresist Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Photoresist Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies photoresist companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the photoresist companies profiled in this report include-

• JSR
• Fujifilm Electronic
• Tokyo Ohka Kogyo
• Shin-Etsu Chemical
• Sumitomo
• Everlight
• Dow
• Nata Chem
• Kempur
• Phichem

Photoresist Market Insights

Lucintel forecasts that anti-reflective coating will remain the largest segment due to its significant usage in lithography process to enhance the photoresist profile and lower the line width variation caused by scattering and reflecting light.

APAC will remain the largest region due to continual expansion of hardware sector, rapid urbanization, and existence of major manufacturing hubs in the region.

Features of the Global Photoresist Market

Market Size Estimates: Photoresist market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Photoresist market size by type, ancillary type, application, and region in terms of value ($B).

Regional Analysis: Photoresist market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, ancillary types, applications, and regions for the photoresist market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the photoresist market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the photoresist market size?

Answer: The global photoresist market is expected to reach an estimated $5.5 billion by 2030.

Q.2 What is the growth forecast for photoresist market?

Answer: The global photoresist market is expected to grow with a CAGR of 5.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the photoresist market?

Answer: The major drivers for this market are growing demand for advanced semiconductor devices and substantial use of this product in in-vehicle applications.

Q4. What are the major segments for photoresist market?

Answer: The future of the global photoresist market looks promising with opportunities in the semiconductor & IC and LCD applications

Q5. Who are the key photoresist market companies?

Answer: Some of the key photoresist companies are as follows:

• JSR
• Fujifilm Electronic
• Tokyo Ohka Kogyo
• Shin-Etsu Chemical
• Sumitomo
• Everlight
• Dow
• Nata Chem
• Kempur
• Phichem

Q6. Which photoresist market segment will be the largest in future?

Answer: Lucintel forecasts that anti-reflective coating will remain the largest segment due to its significant usage in lithography process to enhance the photoresist profile and lower the line width variation caused by scattering and reflecting light.

Q7. In photoresist market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to continual expansion of hardware sector, rapid urbanization, and existence of major manufacturing hubs in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the photoresist market by type (ArF immersion, ArF dry film, KrF, and G-line & I-line), ancillary type (anti-reflective coating, remover, and developer), application (semiconductor & IC and LCD), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?