Press release
Negative Photoresist Chemicals Market Geographical Expansion & Development Status Recorded during 2018-2028 // Key Player Like - JSR Corporation, MicroChem Corp, Transene Company Inc., The Dow Chemical Company
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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.
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.
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.
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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.
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.
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