Photoresist & Photoresist Ancillaries Global Market Poised to Reach $5.58 Billion at a CAGR of 7.7% By 2028, Predicts The Business Research Company

"The new report published by The Business Research Company, titled ""Photoresist & Photoresist Ancillaries Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the photoresist & photoresist ancillaries market size has grown strongly in recent years. It will grow from $3.86 billion in 2023 to $4.15 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The photoresist & photoresist ancillaries market size is expected to see strong growth in the next few years. It will grow to $5.58 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.

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Semiconductor Industry Growth Fuels Photoresist And Photoresist Ancillaries Market Expansion
The growing semiconductor sector is expected to propel the growth of the photoresist and photoresist ancillaries market in the coming years. Semiconductors, also known as integrated circuits (ICs) or microchips, are produced from pure elements such as silicon or germanium, as well as compounds like gallium arsenide. Semiconductors are a vital component of electronic equipment, allowing for advancements in communications, computers, healthcare, defense systems, transportation, clean energy, and a variety of other fields. In the manufacture of printed circuit boards (PCBs) and integrated chips, photoresists are being used to identify the circuit elements in the chip or PCB. For instance, in February 2022, according to The Semiconductor Industry Association (SIA), a US base trade association, semiconductor sales were $574.1 billion in 2022, a 3.3% increase compared to $555.9 billion in 2021. Therefore, the growing semiconductor sector drives the growth of the photoresist and photoresist ancillaries market.

Innovative Resins In Photoresist And Photoresist Ancillaries Market
Major companies operating in the photoresist and photoresist ancillaries market are innovating resins, such as CYCLOTENE, to provide reliable services to customers. CYCLOTENE is a is a series of advanced electronic resins used as photo- Imageable dielectrics in thin film microelectronics applications. For instance, in December 2022, DuPont de Nemours, Inc., a US-based chemicals company launched CYCLOTENE. CYCLOTENE is used as semiconductor packaging for high-performance applications such as 5G and artificial intelligence (AI). It delivers performance and thermal stability, enabling high-density interconnects and fine-pitch circuitry.

The photoresist & photoresist ancillaries market covered in this report is segmented -
1) By Type: ArF Immersion, KrF, ArF Dry, g- and i-line
2) By Ancillaries Type: Anti-Reflective Coatings, Remover, Developer, Other Ancillaries Types
3) By Application: Semiconductors And ICS, LCDs, Printed Circuit Boards, Other Applications

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Major companies operating in the photoresist & photoresist ancillaries market include Tokyo Ohka Kogyo Co. Ltd., JSR Corporation, DuPont de Nemours Inc., Shin-Etsu Chemical Co. Ltd., Sumitomo Chemical America Inc., FUJIFILM Hunt Chemicals U.S.A. Inc., Merck KGaA, Allresist GmbH, Micro Resist Technology GmbH, Avantor Performance Materials Inc., KemLab Inc., DJ MicroLaminates, LG Chem Ltd., The Dow Chemical Company, AZ Electronic Materials, Sumika Electronic Materials Inc., Brewer Science Inc., Chemtronics, Dynaloy LLC, EMD Performance Materials, Entegris Inc., KMG Chemicals Inc., Photronics Inc., E. I. du Pont de Nemours and Company

Contents of the report:
1. Executive Summary
2. Photoresist & Photoresist Ancillaries Market Report Structure
3. Photoresist & Photoresist Ancillaries Market Trends And Strategies
4. Photoresist & Photoresist Ancillaries Market - Macro Economic Scenario
5. Photoresist & Photoresist Ancillaries Market Size And Growth
…..
27. Photoresist & Photoresist Ancillaries Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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