Global Photoresist and Photoresist Ancillaries Market (2022 to 2027) - Featuring Tokyo Ohka Kogyo, JSR and Shin-Etsu Chemical Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Photoresist and Photoresist Ancillaries Market Report and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

According to this report the global photoresist and photoresist ancillaries market attained a value of almost USD 3,599 million in 2021. Aided by technological advancements, the market is projected to further grow at a CAGR of 5.7% between 2022 and 2027 to reach a value of almost USD 5,020 million by 2027.

A photoresist is a light-sensitive organic polymer, which alters its chemical structure on exposure to ultraviolet light. Photoresists are of two kinds, namely, positive and negative. Positive photoresists become soluble on exposure to UV light, whereas negative photoresists become cross-linked and insoluble on exposure to UV light. Photoresist ancillaries are associated products that are utilised along with photoresists. They can be further segmented as removers, developers, antireflective coatings, etc.

The global market for photoresist and photoresist ancillaries is driven by the rising application of the product in the semiconductor industry. Geographically, Asia Pacific is holding a significant share in the market for photoresist and photoresist ancillaries due to an upsurge in research and development (R&D) activities by manufacturers in the semiconductor industry.

Moreover, surging technological developments in display technology, coupled with growing disposable incomes and affinity for products that promote comfort and entertainment, are likely to boost demand for LCDs, which, in turn, is expected to support the photoresist and photoresist ancillaries market over the forecast period. The photoresist and photoresist ancillaries are being increasingly deployed in end use industries, such as PCB, semiconductors and ICS, among others, due to their lighter, thinner, and energy-efficient properties as compared to other variants, which are further driving the market growth of photoresist and photoresist ancillaries.

Market Segmentation

The market report analyses the market based on segmentations such as photoresist types, photoresist ancillaries types, applications, and major regions.

The photoresist market is divided on the basis of type into:

• ArF Immersion
• KrF
• ArF Dry
• g- and i-line
• Others

The photoresist ancillaries market is divided on the basis of type into:

• Anti-Reflective Coatings
• Remover
• Developer
• Others

The photoresist and photoresist ancillaries market is segmented on the basis of application into:

• Semiconductors & ICS
• LCDs
• Printed Circuit Boards
• Others

Market Breakup by Region:

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

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the market. Some of the major players in the market explored in the report are:

• Tokyo Ohka Kogyo Co., Ltd.
• JSR Corporation
• Shin-Etsu Chemical Co., Ltd.
• Sumitomo Chemical Co., Ltd.
• ALLRESIST GmbH

For more information about this report visit https://www.researchandmarkets.com/r/otqy9n