Global Photoresist & Photoresist Ancillaries Market Size is Projected to Reach USD 4.5 Billion by 2024, at a CAGR of 6.1% - ResearchAndMarkets.com

DUBLIN--()--The "Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC, LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-Line & I-line), Ancillaries Type (Anti-reflective coating, Remover, Developer), and Region-Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The photoresist and photoresist ancillaries market size was estimated at USD 3.3 billion in 2019 and is projected to reach USD 4.5 billion by 2024, at a CAGR of 6.1%.

The photoresist and photoresist ancillaries market is projected to witness a CAGR of 6.1%, in terms of value, during the forecast period

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 - largest photoresist ancillaries in the overall photoresist and photoresist ancillaries market

Anti-reflective coatings accounted for the largest share of 35% 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.

I-line - fastest-growing photoresist by type in the overall photoresist and photoresist ancillaries market

The I-line segment is expected to register the fastest growth during the forecast period in the global photoresist and photoresist ancillaries market. I-line photoresists are mainly used 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 I-line segment in the photoresist and photoresist ancillaries market.

APAC is the largest and the fastest-growing market for photoresist and photoresist ancillaries

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 at a CAGR of 6.5%; the growth is attributed to the growing demand from the IC manufacturers, which are looking for products that can help them to produce complex chips. The new emerging technologies, such as AI, 5G, and IoT, are creating the demand for more complex ICs and chips. North America holds the second spot, with a market share of 15% in the global photoresist and photoresist ancillaries market, in terms of value. These two leading regions will be followed by Europe, South America, and the Middle East & Africa.

Reasons to Buy the Report:

  • This report segments the global photoresist and photoresist ancillaries market comprehensively and provides the closest approximations of sizes for the overall market and subsegments across various verticals and regions.
  • This report will help the stakeholders understand the photoresist market, in terms of volume, across regions, and at the global level.
  • The report will help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders understand the major competitors and gain insights to enhance their positions in the market
  • This report will help stakeholders to understand the current photoresist and photoresist ancillaries market after the semiconductor industry's decline in 2019.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Unit Considered

1.6 Limitations

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Photoresist and Photoresist Ancillaries Market

4.2 APAC: Photoresist and Photoresist Ancillaries Market, By Application and Country, 2018

4.3 Market Overview

4.4 Market Dynamics

4.4.1 Drivers

4.4.2 Restraints

4.4.3 Opportunities

4.4.4 Challenges

4.5 Porter's Five Forces Analysis

4.6 YC, YCC Drivers

5 Photoresist and Photoresist Ancillaries Market, By Application

5.1 Introduction

5.2 Semiconductors & ICS

5.3 LCDs

5.4 Printed Circuit Boards

5.5 Others

6 Photoresist Market, By Type

6.1 Introduction

6.2 ArF Immersion

6.3 ArF Dry

6.4 KrF

6.5 G-Line and I-Line

7 Photoresist Ancillaries Market, By Type

7.1 Introduction

7.2 Anti-Reflective Coating

7.3 Remover

7.4 Developer

7.5 Others

8 Photoresist and Photoresist Ancillaries Market, By Region

8.1 Introduction

8.2 APAC

8.3 North America

8.4 Europe

8.5 Middle East & Africa

8.6 South America

9 Competitive Landscape

9.1 Introduction

9.2 Market Share By Companies

10 Company Profiles

10.1 Tokyo Ohka Kogyo Co., LTD.

10.2 JSR Corporation

10.3 Shin-Etsu Chemical Co. LTD.

10.4 Fujifilm Corporation

10.5 Sumitomo Chemical Co., LTD.

10.6 ALLRESIST

10.7 Merck Group

10.8 DuPont

10.9 Micro Resist Technology

10.10 DJ MicroLaminates

10.11 Others

10.11.1 LG Chem

10.11.2 Hitachi Chemicals

10.11.3 Hitech Photopolymere AG

10.11.4 Kemlab

10.11.5 Kolon Industries

10.11.6 Inpria Corporation

10.11.7 Ikonics Corporation

10.11.8 Eternal Materials

10.11.9 Versum Materials

10.11.10 Microfabrication Materials Technologies (Distributor)

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900