Dublin, Feb. 07, 2020 (GLOBE NEWSWIRE) — 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 global 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 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.
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)
- DJ MicroLaminates (US)
Key Topics Covered
1 Introduction
2 Research Methodology
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
4.4.1.1 Recovery of the Semiconductor Industry
4.4.1.2 Acceptance of Nanotechnology Resulting in A Shift Toward the Use of Nanodevices
4.4.1.3 Connected World on Devices With IoT
4.4.2 Restraints
4.4.2.1 Limited Consumption and Taxation Policies in the Emerging Economies
4.4.3 Opportunities
4.4.3.1 Advancements in Material Technology
4.4.3.2 Upcoming 5G Technology
4.4.3.3 Growing Applications of AI and Big Data in the Healthcare Industry
4.4.4 Challenges
4.4.4.1 Cost Associated With Photoresist Materials
4.4.4.2 Constantly Changing Market Dynamics
4.4.4.3 Talent Risk
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
5.2.1 The Growing Demand for High Component Density of Electronic Devices is Driving the Market
5.3 LCDs
5.3.1 The Excellent Uniformity of Photoresist Enhances Its Photo-Spacer Function, Which is Important in LCD Panel Manufacturing
5.4 Printed Circuit Boards
5.4.1 The Market is Influenced By the Trend of Compact Devices, Which is Resulting in the Demand for More Flexible and Smaller 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
8.2.1 Taiwan
8.2.1.1 Taiwan is the Largest Market for Photoresist and Photoresist Ancillaries, in Terms of Value
8.2.2 Japan
8.2.2.1 Japan is the Second-Fastest-Growing Market in the Region, in Terms of Value
8.2.3 South Korea
8.2.3.1 Presence of Some of the Major Electronics Companies is Driving the Demand for Photoresist and Photoresist Ancillaries
8.2.4 China
8.2.4.1 China to Be the Fastest-Growing Market in the Region for Photoresist and Photoresist Ancillaries, in Terms of Value
8.2.5 Malaysia
8.2.5.1 Support From the Government to Boost the Semiconductor Industry is Expected to Drive the Market for Photoresist
8.2.6 Singapore
8.2.6.1 Heavy Investment in the Electronics Industry is Expected to Drive the Photoresist Demand
8.2.7 Thailand
8.2.7.1 I-Line is the Fastest-Growing Type Segment in the Country
8.2.8 Rest of APAC
8.2.8.1 India is Expected to Be the Largest Market for Photoresist During the Forecast Period
8.3 North America
8.3.1 US
8.3.1.1 The US is the Largest Market for Photoresist and Photoresist Ancillaries in North America
8.3.2 Canada
8.3.2.1 Innovation in the Telecommunications Industry to Drive the Market
8.3.3 Mexico
8.3.3.1 Growing Electronics Industry to Drive the Market During the Forecast Period
8.4 Europe
8.4.1 Germany
8.4.1.1 Growing Electrical and Electronics Industry is Expected to Drive the Market for Photoresist
8.4.2 France
8.4.2.1 I-Line is Expected to Be Fastest-Growing Photoresist Type, in Terms of Value, During the Forecast Period
8.4.3 UK
8.4.3.1 Brexit is Expected to Impact the Growth of the Photoresist Market During the Forecast Period
8.4.4 Ireland
8.4.4.1 Foreign Direct Investment in the Electronics Industry is Expected to Create an Opportunity for the Photoresist and Its Ancillaries Market
8.4.5 Rest of Europe
8.4.5.1 Emerging Technologies are Expected to Create an Opportunity for Photoresist in the Region
8.5 Middle East & Africa
8.5.1 Israel
8.5.1.1 Presence of Local and International Chip Manufacturers is Expected to Drive the Market
8.5.2 Rest of Middle East & Africa
8.5.2.1 Limited Presence of Chip and PCB Manufacturers Will Result in the Slow Growth of the Market
8.6 South America
8.6.1 Brazil
8.6.1.1 Huge Investment in Information Technology and A Growing Economy are Expected to Drive the Market During the Forecast Period
8.6.2 Argentina
8.6.2.1 Growing Demand for Consumer and Commercial Electronics Will Drive the Demand for Photoresist
8.6.3 Rest of South America
8.6.3.1 Growing Demand for Telecommunication Devices From Chile Will Create an Opportunity for Photoresist During the Forecast Period
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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