Photoresist Market Size And Forecast
According to the new report titled "Global Photoresist Market by Type (Immersion Photoresist, Dry Photoresist, Photoresist and G-line & I-line Photoresist), Global Analysis to 2023",
The valuation of the Photoresist Market was $3.8 Billion in 2023 and is projected to reach $6.1 Billion by 2032, at a CAGR of 4.7% from 2021 to 2032.
In 2023, the global photoresist market size reached an impressive $3.8 billion. Experts predict it will continue to grow at a steady pace, expanding at a rate of 4.7% over the next few years. Photoresists are essential for making semiconductors and electronics. They're special materials that respond to light, which makes them crucial for creating the tiny circuits on semiconductor wafers. As electronics get smaller and more advanced, the demand for photoresists has skyrocketed. They're used in everything from smartphones to self-driving cars. To keep up with this demand, companies are investing heavily in research and development to improve photoresist performance and make them even more precise and sensitive. With the increasing complexity and miniaturization of electronics, the global photoresist market is only poised for continued growth. As the electronics and semiconductor industries expand, so will the need for these high-performance materials.
EUV Lithography held the primary share in the Photoresist Market
Technology is a game-changer in the world of Photoresist, the special material used to create tiny patterns on computer chips. The tech industry keeps pushing for faster, smaller chips, so Photoresist has to keep up. Researchers have been working hard to improve Photoresist, making it more precise and able to work with new cutting-edge printing techniques. These advances, like extreme ultraviolet (EUV) lithography, have made it possible to make even more complex chip designs. And with the rise of 5G networks, artificial intelligence (AI), and the Internet of Things (IoT), the Photoresist market is expected to keep growing as it plays a key role in producing the advanced electronics we need for all these technologies.
North America headed the Photoresist Market in 2022
The photoresist market in North America holds a strategic position within the semiconductor and electronics landscape, owing to the region's significant presence in technology-driven industries. With a well-established semiconductor manufacturing sector, the demand for advanced photoresists remains robust. North America is at the forefront of adopting cutting-edge lithography technologies, including extreme ultraviolet (EUV) lithography, driving the need for high-performance photoresists with enhanced precision and sensitivity. The market is characterized by continuous technological advancements, as research and development efforts focus on developing photoresists tailored to meet the demands of ever-shrinking semiconductor nodes.
Key market players operating in the market that are profiled in the report are- TOKYO OHKA KOGYO CO. LTD. (TOK), JSR Corporation (JSR), Fujifilm Holdings America Corporation, DuPont Electronics & Imaging, Sumitomo Chemical Co. Ltd., Asahi Kasei Corporation, DJ Microlaminates, KOLON Industries, Inc., Microchemicals GmbH
Report Scope
| REPORT ATTRIBUTES |
DETAILS |
| STUDY PERIOD |
2020-2030
|
| BASE YEAR |
2023
|
| FORECAST PERIOD |
2024-2030
|
| HISTORICAL PERIOD |
2020-2022
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| UNIT |
Value (USD Billion)
|
| KEY COMPANIES PROFILED |
TOKYO OHKA KOGYO CO. LTD. (TOK), JSR Corporation (JSR), Fujifilm Holdings America Corporation, DuPont Electronics & Imaging, Sumitomo Chemical Co. Ltd., Asahi Kasei Corporation, DJ Microlaminates, KOLON Industries, Inc., Microchemicals GmbH.
|
| SEGMENTS COVERED |
By Type, By Chemical Type, By Application, And By Geography.
|
| CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
|
Key Players
The major players in the Photoresist Market are
- TOKYO OHKA KOGYO CO., LTD. (TOK)
- JSR Corporation (JSR)
- Fujifilm Holdings America Corporation
- DuPont Electronics & Imaging
- Sumitomo Chemical Co., Ltd.
- Shin-Etsu Chemical Co., Ltd.
- Asahi Kasei Corporation
- DJ Microlaminates
- KOLON Industries, Inc.
- Microchemicals GmbH
Global Photoresist Market Segmentation Analysis
The Global Photoresist Market is Segmented on the basis of Type, Chemical Type, Application, and Geography.
Photoresist Market, By Type
- Positive PhotoresistsPositive photoresists are materials that become more soluble when exposed to light. They are widely used in semiconductor manufacturing to transfer patterns onto a substrate.
- Negative PhotoresistsNegative photoresists are materials that become less soluble when exposed to light. They are employed in the semiconductor industry for creating patterns during photolithography processes.
Photoresist Market, By Chemical Type
- ArF Immersion PhotoresistsArF immersion photoresists are designed for advanced semiconductor manufacturing using ArF (Argon Fluoride) immersion lithography technology, allowing for finer feature sizes.
- KrF PhotoresistsKrF photoresists are used in semiconductor photolithography processes involving KrF (Krypton Fluoride) excimer lasers, facilitating the production of smaller features.
- i-line Photoresistsi-line photoresists are sensitive to the near-ultraviolet part of the electromagnetic spectrum (365 nm) and are commonly employed in semiconductor manufacturing.
- G-line & H-line PhotoresistsG-line and H-line photoresists are sensitive to specific wavelengths in the UV spectrum and were historically used in older photolithography processes.
Photoresist Market, By Application
- SemiconductorsPhotoresists play a crucial role in semiconductor manufacturing, enabling the creation of intricate patterns and structures on silicon wafers.
- Printed Circuit Boards (PCBs)Photoresists are utilized in the production of PCBs, allowing for the precise etching of circuit patterns on the board’s surface.
- Microelectromechanical Systems (MEMS)Photoresists are employed in MEMS fabrication processes to create micro-scale structures and devices.
Photoresist Market, By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
