Press release
Global Negative Photoresist Chemicals Market Leading Manufacturers Expected to Motivate Growth during 2018-2028 // Transene Company, Inc. MicroChem Corp, Sumitomo Chemical Advance Technologies, JSR Corporation, Tokyo Ohka Kogyo America, Inc
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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.
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 Market. 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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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.
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