Technology

Global photoresist chemicals market growth is estimated to be driven by increasing adoption of the product from electronics manufacturing industries across the globe

Photoresist chemicals materials have high demand from various sectors such as electronics and semiconductors manufacturing industries which is anticipated to drive growth of the global photoresist chemicals market significantly during the forecast period.

The global photoresist chemicals market report has been segmented on the basis of photoresist type, ancillary type, application, and region.

On the basis of photoresist type, the global photoresist chemicals market has been segmented into ArF immersion, ArF dry, KrF, I-line, and G-line. The ArF immersion photoresist chemicals segment is estimated to account for major share in terms of revenue in the global photoresist chemicals market over the forecast period. Also, ArF immersion segment is projected to register fastest growth over the forecast period, owing to its increasing use in various business sectors.

On the basis of ancillary type, the global photoresist chemicals market has been segmented into anti-reflective coating, remover, and developer. The anti-reflective coating segment is expected to account for significant share in the global photoresist chemicals market in terms of revenue, owing increasing demand from electronics industries.

On the basis of application, the global photoresist chemicals market has been segmented into semiconductors & IC, LCD, and printed circuit board. The semiconductors & IC segment is expected to account for major share in the global photoresist chemicals market in terms of revenue.

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On the basis of region, the global photoresist chemicals market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Market in North America is estimated to account for significant revenue share in the global photoresist chemicals market. Photoresist chemicals market in Asia Pacific is projected to register fastest growth in terms of revenue in the next seven years, owing to increasing growing electronics industry and rapid economic expansion in the countries such as India, China, and Taiwan. Europe is estimated to have sluggish market growth over the forecast period.

Key players operating in the global market include Tokyo Ohka Kogyo Co., Ltd., JSR Corporation, The DOW Chemical Company, Shin-Etsu Chemical Co., Ltd., Fujifilm Electronics Materials Co., Ltd., E. I. du Pont de Nemours and Company, Sumitomo Chemical Co., Ltd., Merck Electronic Materials (Suzhou) Limited, ALLRESIST GmbH, and Avantor Performance Materials, Inc.

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