Market Research Report
Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type, Region-Global Forecast to 2025
|Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type, Region-Global Forecast to 2025|
Published: October 22, 2020
Content info: 178 Pages
Delivery time: 1-2 business days
Photoresist & Photoresist Ancillaries Market
by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type (Anti-reflective Coating, Remover, Developer), Region - Global Forecast to 2025.
The global photoresist and photoresist ancillaries market size was estimated at USD 3.3 billion in 2020 and is projected to reach USD 4.2 billion by 2025, at a CAGR of 4.8%. The growing demand for miniaturized semiconductor devices, memory chips, printed circuit boards, LCDs, high-performance compact consumer electronic products such as smartphones & tablets, game devices, and high-speed servers are expected to drive the market for photoresist and photoresist ancillaries in the coming years. The major restraining factor in the photoresist market is that it is an expensive and time-consuming process. The process requires special equipment, which is expensive. The restraining factors associated with the particular market are limited consumption in the emerging economies and taxation policies linked to particular products.
Anti-reflective coatings accounted for the largest share in the photoresist ancillaries market. The properties of anti-reflective coatings, such as the prevention of light spreading and high resolution, are the major driver for the growth of this photoresist ancillaries type. The emerging technologies such as Artificial Intelligence (AI), smart transportation, Big Data and the Internet of Things (IoT) are driving the semiconductor industry and result in the growth of the photoresist and photoresist ancillaries market.
The G-line segment is expected to register the fastest growth during the forecast period in the global photoresist and photoresist ancillaries market. G-line photoresists are used mainly in automotive power semiconductors, sensors, and LCDs. The growth of smart transportation will increase the demand for Advanced Driver Assistance System (ADAS) and sensors, which are likely to drive the G-line segment in the photoresist and photoresist ancillaries market. Due to the impact of COVID19, demand for sensors has also increased that are used in rapid diagnostic systems that will further boost the demand for G-line photoresist.
APAC accounted for the largest share of the global photoresist and photoresist ancillaries market, in terms of value. It is projected to be the fastest-growing regional market attributed to the growing demand from the IC manufacturers, looking for products that can help them produce complex chips. The new emerging technologies, such as AI, 5G, and IoT, create the demand for more complex ICs and chips. Countries like China, Taiwan, Japan, and South Korea are contributing to the growth of the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments and information gathered through secondary research.
The breakup of primary interviews is given below.
The leading players in the global photoresist and photoresist ancillaries market include: Tokyo Ohka Kogyo Co., Ltd (Japan), JSR Corporation (Japan), DuPont (US), Shin-Etsu Chemical Co., Ltd (Japan), Fujifilm Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), ALLRESIST (GERMANY), Merck Group (Germany), Micro Resist Technology (Germany), and DJ MicroLaminates (US).
This research report categorizes the global photoresist and photoresist ancillaries market based on application, photoresist market by type, and photoresist ancillaries market by type and region. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, challenges, and opportunities. The detailed analysis of leading market players provides insights into business overviews, products & services, and key strategies adopted.
(Business Overview, Impact of COVID-19 on Business Segment, Products Offered, Recent Developments, and MnM View)**
*Details on Business Overview, Impact of COVID-19 on Business Segment, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.