The global photoresist chemical market size is calculated at USD 3,392 million in 2024 and is predicted to reach around USD 4,878 million by 2034, expanding at a CAGR of 3.7% from 2024 to 2034.
The photoresist chemicals market is growing as the labeling sector is expanding rapidly, creating more opportunities for stakeholders. Therefore, photoresist chemicals are also becoming increasingly popular and are regularly used in the market. As the import and export of goods increases, the photoresist chemicals need to be stronger.
- For Instance, in April 2024, Japanese photoresist giant Shin-Etsu Chemical is said to be building a wafer data factory in Gunma Prefecture, Japan, marking its new domestic production base in Japan.
The demand in the photoresist chemicals market continues to increase as new developments in the photoresist chemical are also expected to affect the photoresist industry. Semiconductor companies are developing advanced technologies that increase energy efficiency and computing power, thus improving life. Research is currently underway to develop environmentally friendly photoresists. The goal is to find alternatives that avoid compounds that cause environmental, safety, and health problems.
Photoresist Chemical Market Segmentation:
By Type
- Positive Photoresist
- Negative Photoresist
By Spectral Line Size
By End Use
- Microelectronics
- Sand Carving
- Fabrication of Printed Circuit Boards
- Others
Photoresist Chemical Market Companies:
- Dow
- FUJIFILM Corporation
- TOKYO OHKA KOGYO CO., LTD.
- E.I. DuPont de Nemours
- Mitsui Chemicals America Inc
- JSR Corporation
- LG Chem
- Shin-Etsu Chemical Co., Ltd.
- TOK America
- Honsou Chemical Industry
- Others
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