Press release
Negative Photoresist Chemicals Market Future Forecast Indicates Impressive Growth Rate
Negative photoresist chemicals are formulations of various compounds such as aromatic ingredients, hexamethyldisilazane, xylene, etc. Negative photoresist chemicals have applications in negative photoresist developers, strippers, thinners and rinse. The negative photoresist chemicals used in developers are organic solutions of high purity, which are used for the development of exposed negative photoresists. Negative photoresist chemicals used in developers are also formulated using proprietary solvent blends for the resist system being used. Negative photoresist chemicals are also used as an effective rinse for the unexposed type of negative photoresists. Negative photoresist chemicals have applications in the stripping of negative photoresists from substrates such as silicon, chrome, gallium arsenide, etc. Negative photoresist chemicals used in stripping are aromatic ingredient mixtures with an extended bath life. Negative photoresist chemicals are also used to provide adhesion to photoresists on silicon. Negative photoresist chemicals are solutions of hexamethyldisilazane with xylene at different concentrations, which are used for silicon-photoresist adhesion. Negative photoresist chemicals are used as thinners to remove negative photoresists at coater cup and wafer edge. Negative photoresist chemicals have end uses in the electronic industry, which include photolithography and photoengraving.
Market Dynamics
The growth of the electronics industry owing to the rising demand for advanced electronic products is expected to drive the market for negative photoresist chemicals. Growth in PV installations due to increased energy requirements is expected to boost the sales of negative photoresist chemicals during the forecast period. Negative photoresist chemicals with proprietary solvent blends are expected to set a new trend in the negative photoresist chemicals market. However, the storage conditions required for negative photoresist chemicals add to the cost of negative photoresist chemicals, which is expected to hamper the sales of negative photoresist chemicals. In addition, the temperature stability offered by some of the negative photoresist chemicals is not appreciable, and this is also expected to limit the sales of negative photoresist chemicals in certain end uses such as silicon wafers.
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Market Segmentation
The negative photoresist chemicals market is segmented on the following basis:
Negative photoresist chemicals by type:
Developer
Rinse
Stripper
Thinner
Negative photoresist chemicals by coating type:
Spin
Spray
Dip
Negative photoresist chemicals by end use:
Silicon Wafers
Photolithography
Printed Writing Boards
Others
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Regional outlook
The North America region is expected to present lucrative growth opportunities for the sales of negative photoresist chemicals over the forecast period owing to the presence of a well-established electronics industry and increasing PV installations in this region. The APEJ region has witnessed a significant growth in the electronics industry owing to the demand from developing countries such as China and India. PV installations in China and India have also boosted the electronics industry in the region. These factors are expected to create a platform for the growth of the negative photoresist chemicals market in the APEJ region.
The electronics industry in Europe has registered significant growth due to the increasing demand from the automotive sector and subsidiaries for PV installations. The growth of the electronics industry in Europe is expected to boost the negative photoresist chemicals market in the region. Japan has a well-established electronics industry that is registering moderate growth, and this is expected to propel the negative photoresist chemicals market in this region. The Middle East and Africa is expected to witness growth in the electronics industry owing to an increase in the disposable income of the people in the Middle East, as well as an increase in PV installations in the region. The growth of the electronics industry is expected to boost the sales of negative photoresist chemicals in the coming years.
List of Participants
The participants involved in the negative photoresist chemicals market are listed below:
Fujifilm Holdings America Corporation
Mitsui Chemicals America, Inc.
The Dow Chemical Company
Shiny Chemical Industrial Co., Ltd
Transene Company, Inc.
MicroChem Corp
Sumitomo Chemical Advance Technologies
JSR Corporation
Tokyo Ohka Kogyo America, Inc.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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