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What's driving the Photoresist And Photoresist Ancillaries Market trends? Key Company Profiled in JSR Corporation, Shin-Etsu, Sumitomo Chemical, LG Chem, Asahi Kasei Corporation

Photoresist And Photoresist Ancillaries Market

Photoresist And Photoresist Ancillaries Market

As per a new research report by Global Market Insights, Inc. Photoresist And Photoresist Ancillaries Market size is set to surpass USD 6 billion by 2024. Tremendous advancements witnessed in display technology in the last few years will drive the growth of photoresist and photoresist ancillaries market. Displays have seen a noteworthy change in technology, starting from cathode ray tube (CRT) to liquid crystal display (LCDs) to light emitting diode (LED) in a short span. Also, flat panel display (FPD) technology have revolutionized the electronics industry with almost every electronic device being integrated with it.

As FPDs are lighter and thinner than other conventional displays, they are being extensively used in electronics industry in many end use applications such as computers, smart phones, automotive display mediums, televisions, interactive boards, etc. Any advancements in technology in FPD is expected to augment the photoresist and photoresist ancillaries market throughout the forecast timeframe as they are employed in a variety of processes in this industry including spin coating, extrusion coating, roller coating, and advanced slit-coating.

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Asia pacific will be a high potential market for photoresist and photoresist ancillaries owing to rising electronic products demand. This can be attributed to high economic growth coupled with increased manufacturing of electronic devices and equipment in countries such as South Korea and China which are considered to be electronic hubs of the world. Asia pacific market size is estimated to be over USD 4 billion by 2024.

Important players in this industry are The Dow Chemical Company, AZ Electronic Materials, Tokyo Ohka Kogyo, and JSR Corporation followed by other smaller players like Hitachi Chemical, LG Chem, Eternal Materials, Kolon Industries, Sumitomo Chemical, FUJIFILM Electronic Materials, etc.

- Photoresist Ancillaries Market By Product

• Antireflective coatings
• Edge bead removers
• Photoresist developers
• Others

- Photoresist & Photoresist Ancillaries Market By Application

• Semiconductors and integrated circuits
• Printed circuit boards
• Others

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Photoresist market is segmented based into four segments including ArF immersion, ArF dry, g- & i-line, and KrF grades. ArF immersion grades have a substantial market share and is likely to generate revenue of over USD 1 billion by 2024. KrF also has a significant market share which is poised to increase owing to its use in production of microelectronics.

On the basis of products, photoresist ancillaries market can be categorized into edge bead removers, antireflective coatings, photoresist developers, along with other products. Edge bead removers find application in edge-bead removal process during spring coating in photolithography and its market size is expected to be around USD 600 million in 2024.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/photoresist-and-photoresist-ancillaries-market

On the basis of application, the industry is categorized into three segments including printed circuit boards (PCBs), semiconductors and integrated circuits (ICs), along with other applications. PCB market share is likely to reach USD 1.9 billion in 2024 since they are an integral part of electronic devices used in various sectors such as transportation, defense, broadcasting, etc.

Photoresist And Photoresist Ancillaries Market Is Booming Worldwide | The Dow Chemical Company, JSR Corporation, Shin-Etsu, Sumitomo Chemical, LG Chem, Asahi Kasei Corporation

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com
Web: https://www.gminsights.com

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