Global Photoresist Chemicals Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

Global Photoresist Chemicals Market Overview:

“The global Photoresist Chemicals Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Photoresist chemicals are light-sensitive materials utilized in various industrial processes. Photoresist chemicals change its chemicals structure when comes in contact with UV light and are commonly used in photoengraving and photolithography to form a conventional coating on a surface and also used in semiconductor manufacturing processes.

Photoresists are segregated into two groups, negative and positive photoresist. Photoresists chemicals products are available in liquid form and dry film. Chemicals which are utilized in the photoresist include polymethyl glutarimide, phenol formaldehyde, and polymethyl methacrylate resin. Photoresist chemicals are employed in electronic devices for alkali cleanser, semiconductors, and as a silicon etching agent for micro-electro-mechanical systems.

Photoresist chemicals are utilized due to their superior characteristics such as applicability to micro-processing, high purity, etching, and sharp patterning on a substrate.

The global photoresist chemicals market growth is primarily attributed to growing trend of semiconductor and electronics products coupled with increasing demand for dynamic display technology. Growth in the semiconductor industry is projected to drive growth of photoresist ancillaries and photoresists market globally. Photoresists are essential components in manufacturing process of multi-layer in semiconductor and high density packaging.

However, environmental and industrial health risks associated chemicals used in manufacturing process are major restraining factors expected to hamper growth of the global photoresist chemicals market over the forecast period.

Target audience for the global photoresist chemicals market include industry associations, photoresist chemicals producers, photoresist chemicals traders, photoresist chemicals suppliers, and photoresist chemicals distributors, government and research organizations, industrial, association bodies, raw material suppliers, photoresist chemicals distributors, and others.

Asia Pacific photoresist chemicals market is estimated to account for significant share in terms of revenue in 2017 in the global market, and is projected to maintain its dominance over the forecast period, owing to rising demand for photoresist chemicals from various industries such as electronics and semiconductors & ICs manufacturing industries in countries in this region. Asia Pacific photoresist chemicals market is also anticipated to register fastest growth in terms of revenue in next ten years.

Global Photoresist Chemicals Market Segmentation:

Segmentation by photoresist type:

• ArF immersion
• ArF dry
• KrF
• I-line
• G-line

Segmentation by ancillary type:

• Anti-reflective Coating
• Remover
• Developer

Segmentation by application:

• Semiconductors & IC
• LCD
• Printed Circuit Board

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa